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Tesla investigating apparent explosion of Model S in Shanghai

The video circulating on Chinese media shows the car bursting into flames, which some Twitter users identified as a first generation Model S. Read More...

Electric-car maker Tesla Inc. is investigating a video that appears to show a Model S exploding in a car park in Shanghai on Sunday.

The video circulating on Chinese media shows the car bursting into flames, which some Twitter users identified as a first generation Model S.

Tesla TSLA, +0.75%   said it sent a team to Shanghai after learning about the accident.

“We immediately sent a team onsite and we’re supporting local authorities to establish the facts,” a Tesla spokesperson said in a statement. “From what we know now, no one was harmed.”

The company has had previous instances of autos catching fire. In December, a San Francisco Bay Area man’s new Tesla Model S caught fire after he had it towed to a dealership to fix a rapid drop in tire pressure. The auto maker was sued earlier this year by the parents of a Florida teen, who died when his Model S crashed. The suit alleges the battery pack for the auto is defective and fire prone.

Shares of Tesla fell over 2% in premarket trading Monday.

Chief Executive Elon Musk will gather investors on Monday to reveal his latest efforts to develop the company’s self-driving technology, two days before the release of first-quarter results, which are expected to show a loss due to weaker vehicle sales.

Read: The big question is how big is the quarterly loss for Tesla?

And: Tesla to trim ‘Musk friendly’ board amid SEC fight

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