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Tesla, Model X, suffered another fatal car accident, and the stock price fell sharply again.

Tesla last fatal car accident scene.


A driver of Tesla Model X was killed in a highway accident in the San Francisco Bay area on Friday, local time, triggering an investigation by U.S. regulators. Affected by this, Tesla's share price again suffered a heavy setback.

Difficult to deal with the Fire of Lithium Battery

A driver of Tesla Model X was killed in a crash on a highway in the San Francisco Bay area on Friday, local time, the Los Angeles Times reported. Local time on Tuesday, the National Transportation Safety Board (NTSB) announced that it would send two investigators to investigate the accident on the spot. U. S. stocks closed Tuesday, Tesla closed down 8.22% to $279.18. In addition, since February 26 this month, Tesla's share price has plunged 22%.

After the accident, Tesla sent engineers to assist firefighters to remove vehicles and battery packs from the site. There is no sign that electric cars are more prone to fire in crashes than conventional diesel vehicles. But for those who first arrived at the scene of the accident, how to handle the burning lithium-ion batteries is still important.

Tesla recommended using "large amounts of water" to extinguish the inside lithium battery fire and monitor the battery for at least an hour with a thermal imaging camera to make sure it is completely cooled. In addition, Tesla's lithium-ion battery pack is equipped with a "firewall" to slow the spread of fire between modules. But in the death of the Model X, the car's lithium-battery firewall did not appear to have worked.

Wall Street Big Boss is bearish about Tesla

The death of a vehicle appears to be not only the most difficult issue facing tesla, and the wall street is even saying that tesla will go bankrupt in four months.

Recently, John Thompson, a well-known hedge fund manager in the United States, said Tesla was on the verge of bankruptcy and could not survive for more than half a year. The boss's Vilas assets management company manages $25 million and his short position with Tesla is the fund's largest.

He explained that Tesla's financing would struggle because of Tesla's Model 3 delivery problems, combined with falling consumer demand for the existing two models, the Model S and the Model X, and Moody's downgrade of Tesla's credit rating. John Thompson added that Ford, the traditional American car giant, sold 6 million cars last year, making a profit of $7.6 billion. Tesla sold a total of one hundred thousand vehicles, but also lost $2.2 billion, Model 3 production is insufficient, and even stop production news is endless, but the market value is twice as much as Ford.

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