From CNBC:
Tesla Motors is not recalling its Model S electric cars, Tesla CEO Elon Musk told CNBC Tuesday, quashing speculation following the automaker's third battery fire incident.It's probably time for a bounce but that gap just below $100 still looks like the intermediate-term target.
"The headlines are extremely misleading," Musk told CNBC in an interview at the DealBook Conference. "If fire risk is your concern, you'd have a great deal of difficulty being in any better car than the Model S. [The Model S] is 5 times less fire risk than the average gasoline car. Moreover, we've never had a serious injury or death."
On Monday evening, editor-in-chief of tech news outlet BGR Jonathan Geller tweeted that Tesla may be considering recalling its Model S to "strengthen the undercarriage" following recent fires....MORE