Tesla Motors Inc (TSLA) Fire Was Way Overblown

Share This Article
October 8, 2013 10:08am NYSE:GEX

fire2Shares of Tesla Motors Inc (NASDAQ:TSLA) took a nosedive last week after a YouTube video showing a burning Tesla Model S was brought to investors’ attention.

The video, which showed a Model S engulfed in flames after hitting an object in the road, fed long-standing concerns about the safety of electric cars — and led quite a few Tesla investors to consider abandoning the stock.

Not to worry, says Motley Fool contributor John Rosevear. In this video, he explains why the Model S fire was no big deal — and why Tesla’s response to the incident speaks well for the company’s management.

Related ETF: Market Vectors Global Alternative Energy ETF (GEX)

Read Next

Get Free Updates

Join over 50,000 investors who get the latest news from ETFDailyNews.com!

Most Popular

From Our Partners

Explore More from ETFDailyNews.com

Free Daily Newsletter

Get daily ETF insights from our market experts. Never miss another important market development again!

ETFDailyNews.com respects your privacy.

Best ETFs

We've rated and ranked nearly 2,000 ETFs and ETNs using our proprietary SMART Grade system.

View Top Rated ETFs

Best Categories

We've ranked dozens of ETF categories based on relative performance.

Best ETF Categories