SHANGHAI -- Tesla Inc. said it has sent a team to investigate a video on Chinese social media that shows a parked Tesla Model S exploding, the latest in a string of fire incidents involving Tesla's cars.
The video, time-stamped Sunday evening and widely shared on China's Twitter-like Weibo, shows the parked electric vehicle emit smoke and burst into flames seconds later. A video purportedly of the aftermath shows a line of three destroyed cars.
Reuters was not immediately able to verify the origins of the videos, which Weibo users said were taken in Shanghai.
The cause of the explosion could not be immediately ascertained from the videos.
Tesla shares fell 3.8 percent to close at $262.75 in New York.