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Tesla CEO Says There ‘Definitely’ Won’t Be Model S Recall

Elon Musk, Tesla Motors Inc.’s outspoken co-founder, said “there’s definitely not going to be a recall” of the company’s Model S as the electric-car maker waits to see if U.S. regulators investigate crash-related fires involving the sedan.

“We’re about five times less likely to have a fire than an average gasoline car,” Chief Executive Officer Musk said today at the New York Times’ DealBook conference in New York, which was webcast and telecast on CNBC. Reaction to the fires reported by some media was “extremely inaccurate and unreasonable,” Musk said.