Model S Fire
I agree this isn't as big of a deal as the stockmarket may imply, but this line bothers me:"That equates to 1 vehicle fire for every 20 million miles driven, compared to 1 fire in over 100 million miles for Tesla. This means you are 5 times more likely to experience a fire in a conventional gasoline car than a Tesla!"Americans drive an aggregate of 3 trillion miles every year, while Tesla drivers have done 100 million (and they don't cite this number; are they including test drives?). That's well over an order of magnitude difference. Plus, the average Tesla driver is currently probably a superior driver (if for no other reason than they have a brand new expensive car) and has taken better care of their car (since it's within 2-3 years old, tops). In theory, Teslas will eventually become more mainstream over the years -- resold, price drops, lower-end models, etc.Again, I don't think their conclusion about Teslas being safer overall is wrong. However, their conclusion of the likelihood of a Tesla catching on fire seems off, and the exclamation mark makes this press release seem glib.