Tesla is investigating a video showing smoke billowing just before the Tesla Model S exploded in a parking lot in Shanghai.
The explosion was captured in a video widely shared in Chinese media, prompting the electric car maker to start its own investigation.
"We immediately sent a team.
"We support local authorities to prove the facts," the company said in a statement . ".
Sunday's incident was the latest in Tesla's fire.
On June, a Model S caught fire while driving in Los Angeles.
According to CNN, the driver's wife released a video of a car burning and smoking.
"This is what happened to my husband and his car today," she wrote . ".
"There was no accident in the traffic on Santa Monica Avenue.
Thank you to the kind couple. They told him to park.
"On February, a Tesla driver in South Florida crashed into a middle line and trees while the vehicle turned to traffic, and then caught fire and the driver was killed.
According to the sun
Sentinel, when the car was seized, the battery of the car was reignited at least three times.
Another accident in South Florida last year led the family of a passenger to sue Tesla for a faulty battery pack.
According to a law firm representing the family, in recent years, there have been at least a dozen cases in which Tesla Model S batteries caught fire when they collided or were still.
The National Transportation Safety Commission is investigating the deaths of 2018 people and other accidents involving Palo Alto, California. -based carmaker.
Tesla, which has more than 500,000 cars on the road, insists that its car is 10 times more likely to catch fire than gasoline. powered ones.
But experts say the fire on the battery is hard to go out because the heat in lithium increases.
Ion battery system.
Sunday's incident happened at a sensitive time for the company.
On Wednesday, Daniel Ives, an analyst at Wedbush Securities, said in a report to customers on Monday that he expected Tesla to report "The train wreck quarter" first"
Quarterly earnings on Wednesday due to weak delivery and cost tracks.
Earlier this month, Tesla announced that its shares were down more than 8%. than-
Delivery of vehicles is expected.
Ives said the stock continued to face pressure as investors worried that Tesla's downturn would continue until the second half of the year.
Shares fell more than 3% late Monday
Afternoon Trading
Tesla first reported in January. to-
The company said annual sales rose more than 90% in the quarter. But fourth-
Lower-than-expected quarterly profits, Tesla lost $1 billion in 2018, highlighting long-standing criticism of Tesla.
Long-term ambition in an increasingly competitive market.
Meanwhile, Tesla CEO Elon Musk has been at the center of a legal battle with the United States. S.
The Securities and Exchange Commission (sec) said on Twitter last year that he had received funds to privatize the company.
S. Securities and Exchange Commission sued Musk for lying to investors.
The parties finally reached a settlement, but the agency recently claimed that Musk violated the agreement and continued to tweet about the company's finances without the approval of the board of directors, a condition for the settlement
The incident highlights what some Tesla investors call Musk's impulsive and irresponsible leadership, which could have serious consequences for a company that already faces demand challenges, rising debt and fierce competition.
Last week, Tesla and the SEC asked federal judges to give them another week to resolve the dispute.
On Monday afternoon, Musk met with investors at the company's headquarters and announced his vision for himself. driving future.
He was expected to share the company's latest developments in autonomous technology and to show what the company said was "completely self-contained
The "driving" function during the "Tesla autonomous Day" event. ” A live-
The event stream starts at 2. m.