Tomahawk, WI 11/13/2013 (BasicsMedia) – Following the three fires in Model S which appeared too frequent, coming all in less than six weeks, it had been rumored that the electric automaker Tesla Motors Inc (NASDAQ:TSLA) might consider recalling the cars. But the CEO Elon Musk has answered that recall of Model S is not in their agenda. The CEO was speaking at the DealBook conference.

So why is the CEO saying that recall of Model S car is out of question when perception issues are just beginning to creep in over the safety of machines? Tesla believes that considering the auto industry in general, its Model S is so far the safest car on the road. The automaker believes that in comparison with the average car on the road, Model S has proven to be five times less likely to catch fire. Considering the number of Model S on the road this far, the automaker has recorded one fire incident on nearly every 8,000 cars which makes its quite difficult for drivers to find a much safer car in the market today than Tesla’s. Moreover, the automaker states that in all the three fires, none resulted in death or serious injury for the drivers or the occupants. In this regard, the CEO says that while there might be safer cars, none can match the safety of Model S unless it has zero fires in its life.

As such, the company states that safety issues over its cars appear to have been blown out of proportion. At the DealBook conference, he wondered how many fires involving the more than 200,000 gasoline cars in the U.S. have been reported, once again reiterating that electric cars are less likely to have a fire than cars with running on highly flammable liquid in a tank.

Considering the case of drivers involved in the Model S fire incidents, it makes sense to buy the company’s safety assurance given that the drivers felt like being in Model S saved them from serious injuries or even death. The latest to praise the car was the Tennessee doctor whose car caught fire last week after running over a metal. He said that he probably would have died had he not been in Model S. Then he said that he would definitely order another car from the automaker. This sentiment by the driver put to rest a lot of safety debates that had started eating into Tesla’s reputation.

Although a recall of Model S over the now frequent fires seems remote, or rather out of consideration for now, the company says it would not hesitate to recall the car if they felt there was something affecting the safety of the car.

The company still face production constrain as demand for its electric cars swell in the U.S. and internationally. Its undoing is shortage of battery used to power the cars. So far its primary lithium ion cells supplier Panasonic is not able to meet the demand. The company expects this constrain to remain for some time, but hopes that it’s going to fix it as soon as possible.

So far the reception of Model S in Europe and China plus a host of other global car markets has been very encouraging. The company has a backlog of orders and it’s poised to capitalize on this high demand when it solves the battery problem.

The company’s stock price also remains above that of the conventional automakers, though its trades nearly 25% below its peak price of $200.

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