Interested in buying an electric car? You may want to think about that after you watch this video. The vehicle seen smoldering in flames is a Tesla Motors Model S. The driver hit a piece of metal debris on a Washington state freeway immediately exiting the road afterwards. As soon as he was at the tip of the exit ramp, his car lit up like a candle and was quickly consumed by raging flames. The driver made it out safely and firefighter’s arrived to douse the blaze only for the car to reignite. This issue doesn’t bode well for the cars lithium-ion battery.
Elon Musk’s company should be concerned after they touted the Tesla Model S as the “safest car on the road.” Tesla stock is tumbling as Deutsche Bank released a note to clients claiming this incident was “inevitable.” Despite some criticisms, the bank still thinks Tesla has value for investors but this is still is an issue happening within the same week as Musk’s Falcon 9 rocket may have exploded in orbit.