New Model, the Tesla “Torch”? As Tesla reports third fire involving Model S electric car

Tesla reports third fire involving Model S electric car | Fox Business.

DETROIT –  Tesla Motor Inc’s Model S electric car has suffered its third fire in six weeks, sending its shares down about 7 percent in early Thursday trading.

The Tesla Motors Club website contains pictures and a story about another fire involving a Model S on Wednesday afternoon that a company spokeswoman confirmed. The accident occurred in Smyrna, Tennessee, where Nissan Motor Co <7201.T> makes the Leaf electric car.

Tesla said it has been in touch with the driver, who was not injured. The vehicle is registered to Juris Shibayama of Murfreesboro, Tennessee, according to the highway patrol. It was unclear if the owner was operating the vehicle.

“Our team is on its way to Tennessee to learn more about what happened in the accident,” Tesla spokeswoman Elizabeth Jarvis-Shean said in a statement. “We will provide more information when we’re able to do so.”