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Tesla shares dive after Consumer Reports yanks recommendation for Model S
LA Times ^ | 10-20-15 | Jerry Hirsch

Posted on 10/20/2015 1:44:53 PM PDT by dynachrome

Consumer Reports withdrew its recommendation for the Tesla Model S — a car the magazine previously raved about — because of poor reliability for the sporty electric sedan.

The turnabout comes after the influential consumer magazine handed the luxury car a “worse-than-average” rating in its annual report on the predicted reliability of new vehicles issued Tuesday.

The news sent Tesla Motors stock down as much as $23.77, more than 10%, to $204.33 in mid-day trading.

See the most-read stories this hour >> Consumer Reports surveyed 1,400 Model S owners “who chronicled an array of detailed and complicated maladies” with the drivetrain, power equipment, charging equipment and giant iPad-like center console. They also complained about body and sunroof squeaks, rattles and leaks.

“As the older vehicles are getting up on miles, we are seeing some where the electric motor needs to be replaced and the onboard charging system won’t charge the battery,” said Jake Fisher, Consumer Reports’ director of automotive testing. “On the newer vehicles, we are seeing problems such as the sunroof not operating properly. Door handles continue to be an issue.”

(Excerpt) Read more at latimes.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: consumerreports; delorean; edsel; efv; energy; tesla; tucker
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To: sparklite2

I’ve seen a couple of these on the road and thought it would be a neat trick to get one and swap out the electric for a ‘real’ engine. Maybe one of those weird cable or internet car shows would do it.


41 posted on 10/20/2015 5:16:32 PM PDT by PLMerite (The Revolution...will not be kind.)
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To: sparklite2
I'd still kill for a Tesla S.

Really? In gods name why? You must have a desperate need for some kind of ego support.

42 posted on 10/20/2015 5:17:03 PM PDT by hinckley buzzard
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To: hinckley buzzard

At 73, I’m not trying to impress anybody.
I’d love to have such a beautiful car.


43 posted on 10/20/2015 5:18:07 PM PDT by sparklite2 (All will become clear when it is too late to matter.)
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To: TalonDJ
If you say so. Looks ugly to me.

If you say so.


44 posted on 10/20/2015 6:31:31 PM PDT by Talisker (One who commands, must obey.)
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To: BatGuano
“Very foolish to buy a car that can only drive 285 miles before an 8 hour charge.”

That's the deal-killer for me with any current all-electric car, Tesla included. I can believe that it might have appeal as an urban commuter car but not for us as an every-day, all-purpose ride.

45 posted on 10/21/2015 10:24:42 AM PDT by riverdawg
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