Shubhankar Rustagi's blog

I found Matthew Anderson’s blog post on Tesla quite interesting because he pointed out a problem I was quite interested in. One believes that once a car company, that too a relatively new one like Tesla receives news of their cars catching on fire it is the end of the line for them. But as Matthew Pointed out this should be a way for the company to learn about what it is doing wrong and improve on its flaws.

I agree with Matthew, In the belief that a company like Tesla will keep on growing as electric cars are the future and Tesla is one of the leading companies in perfecting the technology of fully electric super cars. Even though the shares for Tesla did drop by $50 due to these reports of fire I believe that this is only temporarily as Tesla would have a stronger product and thus would lead to an increase in sales. Also upon reading the feed back from customers whoms cars had caught fire, most said that they would buy another Tesla.

Blog commented on :-

https://blogs.ubc.ca/matthewanderson/2013/11/12/teslas-too-hot/

Sources cited :-

http://business.financialpost.com/2013/11/13/telsa-motors-inc-recall-decision-musk/