Tesla Motors Inc (NASDAQ:TSLA) has been suffering from the fallout of a car accident that went viral last week. The incident saw one of the company’s Model S electric vehicles catch on fire on the side of the road after a collision with a large piece of metal. The owner of the car says that he can’t wait to get another Tesla.
The car fire was widely reported by media around the world, and it was one of the factors that contributed to a drop in the value of the company last week. Rob Carlson, the owner of the Tesla Model S that caught on fire was impressed with how the car handled the fire, and he wants another Tesla Motors Inc (NASDAQ:TSLA) vehicle.
Many of the most well-known hedge fund managers in the world engage in philanthropy, and in doing so, they often reveal their favorite hedge funds through a review of their foundation's public filings. Bill Ackman's Pershing Square Foundation invested in several hedge funds during the fiscal years that ended in September 2019 and September 2020.
Tesla fire safety
The story of the Tesla Motors Inc (NASDAQ:TSLA) Model S fire was one of technology doing its best to prevent injury to the person in the car accident. An email from Carlson, which was printed in a post on the Tesla Motors Inc (NASDAQ:TSLA) blog, shows that is exactly what he thought of the incident.
“I agree that the car performed very well under such an extreme test,” said Carlson in the email. Carlson said that he is an investor in Tesla Motors Inc (NASDAQ:TSLA), and was buoyed by the reaction to the fire, despite the initial negativity. “The response I am observing is really supportive of the future for electric vehicles,” said Carlson.
“I am still a big fan of your car and look forward to getting back into one,” is the phrase that Tesla Motors Inc (NASDAQ:TSL) investors should memorialize. Even after a frightening incident like the one that Carlson suffered, he wants another Tesla Model S.
Tesla investor problems
Tesla Motors Inc (NASDAQ:TSLA) shares appeared to be headed toward $200 last week before the Model S fire became a hit on the Internet. The company responded strongly to accusations that the car was not safe and the firm’s shares have recovered some of their value in the days since. Talks of a bubble bursting in the stock appear to have been overblown.
Shares are still down more than 5 percent since the level they traded at at the start of last week. A single fire is not the only problem at Tesla Motors Inc (NASDAQ:TSLA), and the stock is trading flat on today’s market.