Tesla Back in the Good Graces of Consumer Reports as Manufacturing Stabilizes
Tesla (NASDAQ: TSLA) and Consumer Reports are friends again. The love-hate relationship took a turn for the better after two of Tesla's electric vehicles landed on the group's recommendation list.
It marks an about-face for the consumer watchdog group, which has snubbed Tesla in the past, much to the disdain of CEO Elon Musk, who has used his Twitter feed to slam the group. Consumer Reports lost faith in the Model 3 in February due to what it said was too many reliability issues to ignore.
In its most recent annual survey, Consumer Reports said it is now recommending the Model 3 and Model S sedans because of improving reliability. "The Tesla Model 3 struggled last year as the company made frequent design changes and ramped up production to meet demand," Jake Fisher, senior director of auto testing at CR, said in a press release announcing the results of its annual survey. "But as the production stabilized, we have seen improvements to the reliability."
Source Fool.com
