The car, the car, the car is on fire:
Nov 7 (Reuters) – Tesla Motors Inc reported the third fire in its Model S luxury electric car in six weeks, this time after a highway accident in Tennessee, sending shares down 9 percent on Thursday.
The Tennessee Highway Patrol said the 2013 model sedan ran over a tow hitch that hit the undercarriage of the vehicle, causing an electrical fire on Interstate 24 on Wednesday. A highway patrol dispatcher called the damage to the car “extensive.”
The Model S undercarriage has armor plating that protects a battery pack of lithium-ion cells. Tesla said it did not yet know whether the fire involved the car’s battery.
Via Hot Air. I’m not going to be overly mean about this: after all, they paid off that half-billion buck low-interest loan that the government gave them. Early, even. While I have problems with the Obama administration subsidizing the start-up costs of what’s essentially a toy for rich Greenies, a contract’s a contract – and, again, they did pay the money back ahead of time. Still. Karma. It’s what’s for dinner.
… oh, I’m sorry. Sore subject, I take it.