On the fly News and insights, exclusive to thefly.com

TSLA

Tesla

$301.63 /

-0.88 (-0.29%)

12:43
02/21/19
02/21
12:43
02/21/19
12:43

Tesla falls after Consumer Reports pulls recommendation on Model 3

Consumer Reports said it can no longer recommend the newest Tesla, the Model 3 electric sedan, "because members say they've identified a number of problems with their cars, including issues with its body hardware, as well as paint and trim." Consumer Reports calls the Model 3 a "critical car" for Tesla, noting it represents the automaker's first attempt at a true mass-market electric vehicle. The Model 3 rollout was "plagued by numerous production delays and extraordinarily long wait times for customers who put down orders more than a year before delivery," Consumer Reports added. Shares of Tesla are down $4.10 to $298.46 after the report. Reference Link

  • 21

    Feb

  • 25

    Feb

  • 18

    Mar

  • 19

    Mar

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.