Tesla CEO Tweets Updates On Investigation Into SpaceX Explosion, Calling It ‘Difficult And Complex Failure’ (NASDAQ:TSLA)


Tesla Motors (NASDAQ:TSLA) CEO Elon Musk has tweeted a series of updates on the investigation into the Sept. 1 explosion that destroyed SpaceX’s Falcon 9 rocket last week in Florida. “Still working on the Falcon fireball investigation,” Musk said. “Turning out to be the most difficult and complex failure we have ever had in 14 years.” “Important to note that this happened during a routine filling operation,” he said in another tweet. “Engines were not on and there was no apparent heat source.” “Particularly trying to understand the quieter bang sound a few seconds before the fireball goes off,” Musk said in his final tweet of the series. “May come from rocket or something else.” Musk also used Twitter (TWTR) to appeal to the public for recordings of the event.

About 3.01 million shares traded hands. Tesla Motors Inc (NASDAQ:TSLA) has risen 34.00% since February 8, 2016 and is uptrending. It has outperformed by 17.51% the S&P500.

Tesla Motors, Inc. designs, develops, makes and sells electric vehicles and energy storage products. The company has a market cap of $29.67 billion. The Firm produces and sells two electric vehicles: the Model S sedan and the Model X sport utility vehicle . It currently has negative earnings. The Firm has delivered over 107,000 Model S vehicles across the world.

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