Elon Musk, CEO of electric car maker Tesla , has categorically denied any plans to recall the company’s flagship Model S electric sedan. This comes as numerous reports of the Model S’ fires came to light. News of multiple Tesla Model S fires have been reported to date, and an official investigation into the matter is yet to be undertaken. Musk was quick to defend his product, saying Tesla cars are way safer than any other fossil fuel-powered automobile, and that media has blown things out of proportion. Since the first report of the fires, Tesla stocks have plummeted by 22 percent, sparking fears among investors.
Source: TopSpeed
