Will The Recent Tesla Fires Damage Sales?

Once again, Tesla has been the subject of bad publicity in recent weeks after three different Tesla models in Shanghai, Hong Kong, and San Francisco burst into flames without warning. And now there are fears that these incidents could negatively affect EV sales. "There are a lot of people who won't want to take the risk if they think there's a chance of an accidental fire," a senior analyst with AutoTrends Consulting, Joe Phillippi, toldCNBC.

This, of course, isn't the first time there have been concerns aboutTesla vehiclescatching fire, but most of these incidents were caused by a crash. Elon Musk would downplay these concerns by arguing that a large number of gasoline- and diesel-powered cars go up in flames every year. What separates these recent fires, however, is that each car caught fire for no apparent reason while parked and that no accidents were involved.

Last month, alarming security camera footage from inside a Shanghai parking garage showed aModel S starting to smoke before exploding in a massive fireball. More recently, a Model S burst into flames while parked in Hong Kong and另一个模型年代旧金山联邦铁路局着火ncisco garage this month.