Is there a risk to the battery or just reduced power due to the cold? We've heard about how the heat can damage batteries (referring to stories about the Leaf) but I'm wondering if drawing power from an excessively cold battery is harmful. My guess is that the car is managing it as best it can in the extreme cold.
No danger of harm. That's why the car limits regen power in the cold (because these batteries don't like to charge when they're cold), and if it gets cold enough it will also limit the acceleration power. The car takes care of itself.