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Elon Musk Defends Tesla Electric Car Fire

He says the fire could have been much worse in a conventional gas-powered car

Tesla Motors CEO Elon Musk, never shy about personally blogging in defense of his company’s electric car, has taken to the Web against in reaction to fallout over a video showing a Model S that caught on fire.

Musk’s reaction comes as Tesla shares fell during the week after the video started receiving thousands of page views. After the video came to light, shares fell from $190 to a low near $168. But then they started to recover, rising $7.67 Friday to close at $180.98.

Musk’s bottom line is the accident outside Seattle that caused the Model S sedan and its battery pack to go up in smoke would have been far worse had it been a conventional gasoline-powered car.

“Had a conventional gasoline car encountered the same object on the highway, the result could have been far worse,” Musk, who is also CEO of rocket maker SpaceX, writes on Tesla blog.
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