Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

U.S. regulator to send observer for Tesla probe of Model S fire

Published 06/18/2018, 03:52 PM
Updated 06/18/2018, 04:00 PM
© Reuters. FILE PHOTO:  A sign is seen outside Tesla Motors' new showroom in Manhattan's Meatpacking District in New York City

(Reuters) - The U.S. National Transportation Safety Board (NTSB) will send a technical specialist to observe a Tesla (NASDAQ:TSLA) Inc examination into the causes of a battery fire last Friday involving one of the electric automaker's Model S vehicles in California, the agency said on Monday.

A spokesman for the NTSB said that observing the examination into the fire in West Hollywood will "provide the agency with an opportunity to learn more about fires in all types of battery-powered vehicles."

The safety board is investigating four Tesla crashes since last year and looking at post-crash fire issues and the use of Autopilot.

Earlier this month, the NTSB issued a preliminary report saying the driver of a Tesla Model X car using Autopilot did not have his hands on the steering wheel in the six seconds before a fatal crash in California in March.

A spokeswoman for Tesla said in an email that the battery fire on Friday was "an extraordinarily unusual occurrence, and we are investigating the incident to find out what happened."

She wrote that the cabin of the Model S was unaffected by the fire, allowing the driver to exit the vehicle safely.

"While our customer had time to safely exit the car, we are working to understand the cause of the fire," she added.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.