Earlier quoted context omitted.
And yet, I can't help but feel they're being very, very defensive over it. I can't blame them, of course, given how something trivial like a car fire (trivial given the average frequency of them) is turned into a national news event. At the same time, Tesla's attention to quality and perfection and what-have-you will end up in them being heavily scrutinised. It's not that different from Apple in that respect; random…
They're being defensive because a few fires crushed the stock price (irrationally), evaporating a ton of money. These headlines matter.
The high valuation of this company is equally irrational. It's a massive speculative play, so there's a load of volatility.