This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

Tesla Stems Bleeding After Bad Few Days

The Tennessee blaze appeared to be similar to one on Oct. 1 in Kent, Wash. In that fire, a curved piece of metal punctured a shield and the battery, which is mounted under the passenger compartment in the Model S. Experts say that if an object pierces a battery cell, that can cause sparks or arcing and touch off a fire. It's still unclear if the battery was involved in the Tennessee fire.

In between those instances, a Model S caught fire in Mexico after hitting a concrete wall and a tree at a high speed.

Clarence Ditlow, who heads the Center for Auto Safety and is a frequent NHTSA critic, said Friday that the agency should have immediately sent investigators to Tennessee.

"Two or three similar fires (depending on whether one counts Mexico) in a vehicle population of 19,000 demands an investigation," Ditlow wrote in an e-mail. "New technology requires a heightened level of scrutiny so small problems can be nipped in the bud before they become big problems."

The low-slung Model S has a 6-inch clearance between the ground and the undercarriage. Other cars with gas engines sit lower, such as the Mercedes CLA Class at 3.9 inches and a Dodge Charger at 5 inches, according to the Edmunds.com auto website. But the Tesla automatically lowers itself about another inch at highway speeds, the company's website says.

"It's done in the name of improving aerodynamics to reduce drag and improve efficiency," said Edmunds.com vehicle test director Dan Edmunds.

____

Associated Press Writer Bruce Schreiner contributed from Louisville, Ky.

Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 +2.54 0.14%
NASDAQ 4,095.5160 +9.2910 0.23%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs