I've seen regular cars burned out from mild fender benders all the time, this car is still safer than most every other car on the road.

The battery's in the back.

Actually the battery is in the chassis between the wheels below where you would normally sit in the vehicle. That tesla is on fire in the front, where the "frunk" would be. I would imagine something inside the frunk caught fire, and this has nothing to do with the actual power source as the electric motor is in the back end of the car.

http://www.industryofcool.org/wp-content/uploads/2013/06/Tesla_Model_S_Chassis_Battery.jpg

Maybe they were coming home from a service station with gas for their lawn mower... that'd be ironic.

*nsfw

Still a beautiful car.

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Seriously? This caused the stock to drop when it's probable it had nothing to do with the car itself? What happened to Ferrari's (I think it was Ferrari) stock when they had multiple instances of the same model burst into flames, a few years back?

always count on fear to motivate people, especially unfounded fear.

If anything, it's more likely the whole thing is a plant by a competitor.

time to buy stock...

This.

And invest in all countries on this list...
http://en.wikipedia.org/wiki/Lithium#Terrestrial

You'd be surprised what can cause the stock market to "shift". It's the most unreliable and untrustworthy way of determining wealth, value and demand ever created. We have business districts empty because actually renting them would lower stock prices . . . .

Someone hit the person who filmed this with a large piece of metal.

*related=http://videosift.com/video/Vertical-Video-Syndrome-A-PSA

Vertical Video Syndrome - A PSA! has been added as a related post - related requested by braschlosan.

Seems a piece of metal managed to punch a 3" hole in the 1/4" armor plating with, according to Elon Musk, 25 tons of force. The on board computer systems alerted the driver, he exited the freeway as instructed by the system and exited the car. The fire never reached the passenger compartment even after the fire department punctured the protective cover to put the fire out. The battery system has internal fire walls that worked as expected. Musk notes that Tesla's fire rate is much lower than a gas powered fire rate. The company is giving the guy another car as a loaner.
http://www.teslamotors.com/blog/model-s-fire

Kinda figured it would be something that would probably have made a Prius detonate across a city block.

The cause for the stock drop is that Tesla's valuation is based almost entirely on perceived future potential for the concept, so the drop isn't all that unreasonable. Something like this, if it did turn out to be some fundamental design flaw in what is pretty much their only product, could totally sink them.

Obvious problem, "Since gas cars are non-flammable."
Sadly not by me: http://www.bluesnews.com/

*dead

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