Electric Car Fire Risk Exaggerated, Towing Myth Rejected, But Existential Risks Loom [Forbes]
Tesla, Inc. (TSLA)
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Source: Forbes
Young girl with electric car without power in battery is looking for helpgettyThe risk of fire in an electric car has probably been exaggerated, while if your battery runs dry on the highway your only option won’t be to hoist the vehicle on to the back of a truck, but some scenarios do pose huge risks to the success of electric cars, like the extreme vulnerability of batteries to expensive failure because of damage.Because electric cars are still a rare breed, the automotive industry and consumers badly need more data to be able to make sensible, long-term decisions about possible dangers and viability.The possibility that even modest ill-treatment can send a modern battery to the knacker’s yard, at huge expense and with crippling implications for insurance costs, would mean many ambitious plans for exponential electric car sales would have to be revisited.But many reports of threats to electric cars are simply media speculation with little data to show the extent of danger.Richard Bi
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- 'Critical safety gap' between Tesla drivers, systems cited as NHTSA launches recall probe [USA TODAY]USA TODAY
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- Big Tech earnings power S&P to best week since October 2023; focus turns to Fed meet [Seeking Alpha]Seeking Alpha
- Tesla laying off nearly 700 workers at Nevada Gigafactory [Yahoo! Finance]Yahoo! Finance
- U.S. probes whether Tesla Autopilot recall did enough to make sure drivers pay attention [Los Angeles Times (CA)]Los Angeles Times
TSLA
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- 4/23/24 - Beat
TSLA
Sec Filings
- 4/25/24 - Form 144
- 4/25/24 - Form DEFA14A
- 4/24/24 - Form 10-Q
- TSLA's page on the SEC website