Tomahawk, WI 11/19/2013 (BasicsMedia) – Tesla Motors Inc (NASDAQ:TSLA)’s Model S sedan, the company’s flagship car that has caught fire thrice and which is greatly demanded in the market is now a subject of investigation by the National Highway Traffic Safety Administration (NHTSA). Interestingly, it was TSLA that requested for this probe. The company knows that the three reported fires have nothing to do with defect in the car rather they arose from accidents. NHTSA investigation of the fires would help TSLA put to rest the perception issues over the car’s safety.

In a span of around six weeks, three Model S sedans were reported to have caught fire after the cars either hit a wall or ran over metallic objects damaging the cars. In all the three incidents, the cars warned the drivers well ahead of time to pull over and exit the car, thus resulting in no deaths or injuries to the drivers. In this regard alone, Tesla Motors Inc (NASDAQ:TSLA) has earned big score from NHTSA over the safety measures of its vehicles.

False Perception fueled by mainstream media

The mainstream media has been at the forefront of creating a false perception that Tesla Motors Inc (NASDAQ:TSLA)’s Model S cars weren’t safe or have a lot of safety issues. It thus means that by calling for investigations which started last week, Tesla Motors Inc (NASDAQ:TSLA) is hoping for an exonerating verdict over the safety of its electric cars. It would have been awkward for TSLA if NHTSA were to initiate the investigation own its own.

Something else that has lead to a run-in between Tesla Motors Inc (NASDAQ:TSLA) and the mainstream media is the fact that a lot of people have been denied the other side of the story about who asked for probe into the fires. It appears as though it was NHTSA that asked to investigate the carmaker when the fact is that TSLA invited the probe.

TSLA maintains Model S safer than gasoline cars

Even though three fires have been reported so far in connection to Model S, Tesla Motors Inc (NASDAQ:TSLA) maintains that the market is yet to find another safer highway machine than TSLA’s line of battery-powered vehicles. The company has tens of thousands of cars on the road worldwide yet only three fires have been recorded. If the traditional cars were to be mirrored under the same standards, they would not even come close to holding candle for TSLA. Recently in an interview, TSLA CEO Elon Musk wondered which was safe between a car powered a big lithium ion battery and another one powered with highly flammable liquid contained in tank.

Exonerating note will be a sale pitch for TSLA

It is highly likely that investigations into the Model S fires will return an exonerating verdict on Tesla Motors Inc (NASDAQ:TSLA). If this happens, it would come as a much needed sales pitch for the company as it seeks to penetrate more global markets. The company is already enjoying brisk business in Europe, China is also increasing its orders for Model S, and Japan is also in the company’s list of key target markets.

Investors sent down TSLA’s stock when the first fires were reported. The third fire also nearly saw a bearish reaction to the stock until the driver involved in the accident praised his car. If NHTSA exonerates Tesla Motors Inc (NASDAQ:TSLA) from blame, it can only be natural that the stock will streak upward.

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