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Vote of Confidence on the Model S by German Regulators

 (Image source: digitaltrends)

German regulators concluded their investigation into Tesla Motors Inc’s (NASDAQ:TSLA) Model S fires. The KBA, Germany’s vehicle regulatory agency stated that no measures were necessary going forward against the Model S.  In addition, the regulators saw no glaring defects in the car. The assessment is seen as a vote of confidence for the Model S, which has been dragged under the mud by critics after the infamous fire video. The NHTSA, the regulatory agency in the U.S. tasked with investigating the Model S fires has not yet released their findings. Shares in Tesla are trading higher on the news.