In the past few years the company Tesla has become a world renound car brand not for its monumental sales or for its popularity amongst the oligarchs, but for its break through technology.

Tesla has become one of the first car brands in the world to release a line of electric supercars, which are well designed and practical. But they have been the news recently for a whole different reason; a few of their cars have been caught on camera a blaze on the sides of highways being put out by firemen.

In the blog post by Schumpter of the Business and management section of the Economist, he closely and thoroughly analyzed the long term and immediate effects of these fires on the company. After reading his blog I could not agree more with what he had to say about the effects on Tesla’s future after these incidents.

Although I do believe that the drop in the share prices of the car company is a temporary effect, I’m analyzing that  in the long run they’d rise far above the issue, safety measures and vigorous changes in the operations sector to ensure further checks are put into place, hopefully having consumers never again doubt weather  “ Tesla would ever catch fire ?”

Blog Post Referenced: http://www.economist.com/blogs/schumpeter/2013/10/tesla-motors