Wow Bruce.....that appears to be the stove end of the 240 volt electrical cord. Whoever installed the cord to your electric stove may not have tightened the screw enough.
Unless your stove was moved out perhaps by new floor installers or new countertop installers, this was most likely like this from the build. If the stove was moved out anytime after the build, whoever moved it may have pulled it out too far, causing this. In any event, those screws should have been tight. Thankfully this is a bizarre, rare issue. Glad this worked out ok for you....but it is indeed a scare!
Frank
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Florida licensed Home Inspector #HI688. (352) 250-7818
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