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Tesla Stock Hits All-Time High Hours Before Fifth Car Fire Reported

A Tesla Model S caught fire while parked in its owner's garage in Toronto earlier this month. This marks the fifth car fire in five months for the California automaker, according to CNBC. On Feb. 1, a four-month-old Model S was parked and unplugged in a garage when its owner heard the fire alarm go off. The car was quickly engulfed in flames. The fire damaged the garage and nearly destroyed another vehicle. Toronto Fire Service tells CNBC the engine area was the source of the blaze. Tesla is investigating the fire, and issued a statement to Business Insider reminding consumers that every automotive company expects to deal with car fires at some point and that gasoline cars experience higher car fires than Tesla on average. There have been no deaths due to the fires. Five Teslas have caught fire in the last five months, two were started when their battery packs were punctured by debris in the road. A ho-hum third-quarter in 2013 and news of the fires caused the stock price to dwindle to $120 a share. The company recently reclaimed much of that ground, surging for the first time past $200 a share just this week, Autoblog Green reported. Related: Tesla Model S Test Drive | TRANSLOGIC Related Gallery The Top Ten Best Green Cars -- And 3 Clunkers View 14 Photos Tesla fire engine stock stocks

Recharge Wrap-up: Tow-charging a Tesla, Hyundai Tucson Fuel Cell taxis in Paris

Watch a Tesla charge another Tesla by towing it. Bjorn Nyland has found yet another way to explore what Teslas can do, this time by towing a Model S behind a Model X to recharge the sedan's battery. While it's not the most efficient method of charging, it's definitely one way you could help out a stranded electric motorist in a time of desperation. The single-motor S was couldn't quite hit its regen capacity of 60 kW because of the towing speed. Nyland suggests a dual-motor Tesla in tow might be able to capture more energy. Check out the video above, and read more at Teslarati. Paris-based taxi startup STEP (Societe du Taxi Electrique Parisien) will use 60 Hyundai Tucson Fuel Cells in its fleet. These will replace internal combustion taxis on Paris roads. Hyundai says that its Tucson Fuel Cell taxi fleet presence in Paris will increase from five vehicles to up to several hundred in coming years. Read more from Hyundai. Montreal is installing 50 new EV chargers, with a goal of 1,000 by 2020. The new chargers are in addition to 50 built downtown in August. "Our administration has bet on the electrification of transportation, with a view to being the first electric metropolis in North America," says Montreal Mayor Denis Coderre. The 50 new stations are spread out throughout seven boroughs of the city. Read more at Green Car Congress, or from the City of Montreal (in French). Denver will add 200 electric vehicles to its city fleet by 2020. The city plans to save $800,000 over the next decade due to the switch, as it starts to replace aging vehicles with electric ones starting in 2018. "Both financially and from the environmental perspective, it puts the city in a leadership position," says Denver Energy and Transportation Administrator Tyler Svitak. The city currently employs three EVs in its fleet. Read more at Hybrid Cars, or from The Denver Post. Related Gallery Hyundai Tucson Fuel Cell STEP Taxi Service News Source: Teslarati, YouTube: Bjorn Nyland, Hyundai, Green Car Congress, City of Montreal, Hybrid Cars, Denver Post Government/Legal Green Hyundai Tesla Green Automakers Electric Videos recharge wrapup

Recharge Wrap-up: Tesla's Cold Weather Blues

Cities in Oregon are looking into relocating underutilized EV chargers. With little data available at the time, and a lot of grant money to spend on installation, numerous public chargers were placed in locations that ended up being used very little. Now, some cities are considering moving certain chargers rather than building new ones. Factors to calculate - besides cost, of course - are the longer ranges of EVs being sold now, the amount of people charging at home, and the fact that many of the earlier public chargers are much slower than many of the quick chargers being deployed now. Read more at Plugin Cars. The Tesla Model S range indicator shows how much range is lost due to cold weather. Besides the green, yellow or red bars to show remaining driving range, there is also a blue indicator showing what portion of range is limited from the battery being cold. A message also states, "Less energy is available due to cold battery." The blue could indicate the amount of energy the car is reserving for thermal management of the battery, as the car works to warm the battery for optimal operation. See the discovery in the video below, or read more at Teslarati. Tony Posawatz has been appointed Non-Executive Director (NED) of Nexeon. The UK-based battery company develops silicon anode battery technology, which it says enables a "new generation" of more energy-dense lithium-ion batteries. Posowatz led the development of the Chevrolet Volt, led Fisker Automotive as CEO for a while, consults as president and CEO of Invictus iCar and has held roles in various other companies in the automotive and alternative energy fields. Posawatz follows former Nokia executive Antti Vasara, who was also named NED at Nexeon last month. Nexeon Chairman Dr. Paul Atherton says that Posowatz's experience with EV technology will "help Nexeon enormously in addressing the challenges and opportunities we face." Read more at Hybrid Cars, or in the press release below. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Nexeon Appoints Top Automotive Expert to its Board of Directors Battery materials development company Nexeon has appointed Tony Posawatz as a Non-Executive Director (NED) with immediate effect. Posawatz is well known in the automotive industry for leading the team that brought the award-winning Chevrolet Volt from concept to production.