The consequences of the Tesla Model S fire continue to collapse on the American automaker. The company’s price of the company fell sharply after the incident.
The fire occurred on October 1, when the company’s auction was closed at 193 dollars for securities. But the news spread quite quickly in financial markets, causing panic among investors.
By the time of closing trading on Thursday, Tesla shares to $ 173.31, that is, the decline was approximately 11 percent. You will say that it doesn’t sound so scary. But, let me, transfer these losses into more spectacular numbers – the market value of the company decreased by a stunning of $ 2.4 billion.
This news sounds even more shocking, since the author’s officials said that the cause of the fire was a “large metal object”, which hit one of the battery modules, and not mechanical problems, as previously assumed. We can say with confidence – Ssangyong Actyon Sports does not threaten such problems.
Elizabeth Jarvis-Shean, an official of Tesla, claims that the batteries are isolated, so they could not cause a fire.