Elon Musk, CEO of electric car maker Tesla->ke1842, has categorically denied any plans to recall the company's flagship Model S->ke3329 electric sedan. This comes as numerous reports of the Model S' fires came to light. News of multiple Tesla Model S fires have been reported to date, and an official investigation into the matter is yet to be undertaken.

That said, U.S. regulators are yet to confirm any form of investigation into the Model S fires. If the government regulator does find a fault, we could be looking at a potential recall of select models. However, Tesla->ke1842 boss does not think a formal investigation should be required and that Tesla cars are way safer than any other fossil fuel-powered automobile.

Musk was quick to attack those media channels that, according to Elon Musk, had blown the whole thing out of proportion. "Reaction to the fires reported by some media are extremely inaccurate and unreasonable," he added. Since, the first report of the fires, Tesla stocks have plummeted by 22 percent, sparking fears among investors.

The NHTSA is in constant contact with the authorities investigating the accidents. The agency had earlier chosen not to investigate into the fires when the first incident came to light.

More on the Tesla Model S after the jump

Tesla Model S

The California-based electric car maker offers the Tesla Model S with three battery options. The base version gets a 40 kWh battery pack, and the powerful options include a 60 kWh and 85 kWh battery. The Model S Performance version is the brands flagship carry a base price of just ovet $83,000, and it can quickly go over $100k with all of the options selected.

The performance of the Model S has to be its highlight . The 60 kWh version can hit 60 mph in just 5.9 seconds with a top speed of 120 mph. The 80 kWh version is for those who want a bit more performance, as this version completes the dash from 0 to 60 mph in 5.6 seconds with a top speed of 126 mph. The even more performance-oriented top-spec model reaches 60 mph in just 4.6 seconds, plus it can travel up to 300 miles on a single charge.