Wednesday, 13 November 2013 23:02

Tesla Suffers 3 Hurt in Industrial Accident, 3 Car Fires and Falling Stock

Three people were injured at Tesla Motors Inc.'s factory in California on Nov. 13 after a low-pressure aluminum casting press failed, the company said.

Local fire officials said there was no fire at the company's Fremont factory, describing the incident as an "industrial accident."

"There was a failure in a low-pressure aluminum casting press," Tesla said in a statement Wednesday. "Three employees were injured by hot metal from that press."

The company, which makes the Model S electric sedan at the factory, could not be immediately reached for further details.

Shares in Tesla fell after early news reports of the incident but later rebounded.

This is the latest in a string of setbacks for Tesla, which began in early October when a Model S caught fire. There have been three fires so far, two of which occurred after the car struck debris while on the road.

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