Drive Wire: Tesla Model S Downgraded by Consumer Reports

Transcript:

Bad news for Tesla…Consumer Reports has downgraded the Tesla Model S just months after giving the electric super-sedan its highest rating ever. The magazine changed its reliability rating for the Tesla from average to below average, sending Tesla’s stock price down approximately $10 a share. Apparently issues reported with the car include alignment, drivetrain problems on the first run of cars, and brake-disc warping. The good news for Tesla: 97 percent of owners say they’d buy another one.