"Consumer Reports" Now Recommends Tesla's Model 3 and Model S

In a reversal of a previous decision not to recommend Tesla's (NASDAQ: TSLA) Model 3 and Model S to buyers, Consumer Reports (CR) is now saying the two models have regained a recommendation from the magazine. CR cited "improved reliability" based on responses to an annual survey of vehicle owners.

News of improved reliability comes at a good time for Tesla. The electric-car company is aiming to deliver a record 104,500 vehicles or more this quarter. A recommendation from CR could help boost demand for the company's Model 3 and Model S during the period.

Model 3. Image source: Tesla.

Continue reading


Source Fool.com