Tesla Fire #3 - Stock Tumbles - Again

So, if I wanted to buy some Tesla stock, I just need to torch a couple of cars first. Maybe just post some BS story about unintended acceleration. Why waste accelerant.

 

A financial report that I just read said that a good part of the current stock decline was the result of lower than expected Q3 results because of limited availability of lithium batteries.

"The slump in Tesla's stock resulted from disappointing third quarter results, arising from production shortfall. The company is facing a shortage of lithium-ion battery cells, which is limiting its production capacity. Consequently, Tesla is unable to meet the rising demand for its Model S.

"Although the company has increased its production capacity to 550 cars per week and has delivered more than 5,500 cars during the third quarter, which is a record for the carmaker, it is still failing to meet demand. Consequently, the Palo Alto-based automaker had to stop deliveries in North America to meet the demand in Europe."

 

On 11/6/2013 Crash fire of a gas car!

BMW Driver, Passenger Killed in High-Speed Riverside Crash, Fire | NBC Southern California

 

The stock is probably fairly valued now. This is the only fire that makes you go, hmm. We are back down to the level I sold some, thinking it was getting over valued. It could easily be above 170 again in january if panasonic starts making more batteries, and there isn't anouther high profile fire.

 

The stock is probably fairly valued now. This is the only fire that makes you go, hmm. We are back down to the level I sold some, thinking it was getting over valued. It could easily be above 170 again in january if panasonic starts making more batteries, and there isn't anouther high profile fire.

 

3 fires in a short time per number of cars sold seems high. do other plug ins suffer like this?

 

Hope not.

 

...from reading up a little, there are two possibilities: statistical anomoly (like winning lottery) or design issue. Seems to be design issue unless you buy lottery tickets (and who doesn't?). Design issue would be that the Model S is low to the ground and possibly needs to beef up the shield on the bottom.

It all goes back to LI batts have organic (flammable) electrolyte inside there.

 

Some analyst demanded 5800 cars and they produced 5500, as planned. IMO, the analyst is manipulating the market.

 

perhaps the comparison should be against high performance sports cars.

 

What occurred to me is that the object goes through the belly pan before the axle, and manages to connect with the front wall of the battery tray. Which could be too thin or low.

But first a question needs to be answered. Were these cars equipped with the smart air suspension, and low can it drop? Without that option, the S has a higher ground clearance at 6in. than a Prius.

 

I think the real news is that the Tesla S can even have a fire.

 

72 deaths by fire over 10 years = 7.2/year. how many fires would be more helpful. 3 tesla fires over what period of time? difficult to compare types of accidents. is the tesla more susceptible than other plug ins because of the type of drivers it has? still, more info is always welcome.

 

There really is no good reason to make safety judgements based on statistics when the details of what actually happened in each case are completely available. In other words, the information to determine if the car is safe or not does not really come from statistics, but from specifics. Big difference.

 

You're absolutely right. What we have here are news organizations looking to break the news and potentially position themselves at the forefront of what (they probably hope) could be a trend and a bigger story.

Their "journalistic duty" will just "report the story" and not pass along any overt judgements, and simply leave it to the reader to jump to their own conclusions with things like, "the third fire in its Model S luxury electric car in six weeks," while technically true, may or may not mean anything given that they don't give any info about the severity of these accidents, either.

It's a way of lying by omission, but ultimately deniable because the actual "lie" (misinterpretation) occurs in the harried, un-critical, already-info-overloaded modern reader.

 

You prematurely dismiss a third possibility -- perception issue. Have we figured out the Tesla fire/mile rate to determine whether or not it is any higher than average compared to gassers?

More importantly, 0 tesla fire deaths, or even fire injuries, so far.

I find fire deaths in local gasser crashes -- or at least, fires that incinerate the occupants before first responders can extricate any possible crash survivors -- to be chillingly common.

We should revisit this after each of the first several Tesla fire deaths. But these haven't happened yet.

 

Perfect day to buy (more) Tesla stock.

 

Ever wonder why Toyota didn't offer greater capacity even though there is room still available below the false floor?

That storage area could hold a decent amount of battery; instead, it serves as a crumple zone.