A fire occurred at Tesla's vehicle assembly plant in Fremont, California on Monday afternoon, as stated by the Fremont Fire Department in a post on the social network X.
Federal authorities have stated that a significant safety deficiency in Tesla's Autopilot system played a role in at least 467 accidents, with 13 resulting in fatalities and numerous others causing serious injuries.
The initial quarter proved harsh for Tesla investors, with shares of the electric vehicle manufacturer plummeting by 29% over the first three months of the year. This marks Tesla's worst quarterly performance since the close of 2022 and the third most challenging quarter since its initial public offering in 2010. Additionally, Tesla emerged as the top loser within the S&P 500 index during this period.