Consumer Reports: Tesla Owners Love Their Model S

by Christopher Freeburn | November 21, 2013 11:37 am

Consumer Reports: Tesla Owners Love Their Model S

tesla model s 630 300x236 Consumer Reports: Tesla Owners Love Their Model S[1]Tesla Motors (TSLA[2]) has received a vote of confidence from its customers[3].

On Thursday, Consumer Reports said that Tesla’s Model S luxury electric car had received the highest owner satisfaction score of any other vehicle in its survey and the highest score of any vehicle in a number of years. The Model S garnered a score of 99 out of a possible 100, CNN Money notes.

The Model S was named Motor Trends’ “Car of the Year”[4] for 2013.

Tesla has seen its stock price stumble in recent weeks after reports of three Model S fires in the U.S. and Mexico[5]. No injuries were reported in any of the incidents.

Federal regulators have launched a probe of the vehicle[6]. Tesla insists that its electric cars are less prone to fires compared to traditional gasoline-powered vehicles.

Shares of Tesla rose more than 1% in Thursday morning trading.

Endnotes:
  1. [Image]: http://investorplace.com/wp-content/uploads/2011/08/tesla_model_s_630.jpg
  2. TSLA: http://studio-5.financialcontent.com/investplace/quote?Symbol=TSLA
  3. received a vote of confidence from its customers: http://money.cnn.com/2013/11/21/autos/tesla-consumer-reports/
  4. Motor Trends’ “Car of the Year”: http://investorplace.com/2012/11/motor-trend-reveals-2013-car-of-the-year/
  5. after reports of three Model S fires in the U.S. and Mexico: http://investorplace.com/2013/11/third-tesla-fire-singes-tsla-stock/#.UouL8ZG1Kf0
  6. have launched a probe of the vehicle: http://investorplace.com/2013/11/tsla/#.Uo41YZG1Kf0

Source URL: http://investorplace.com/2013/11/consumer-reports-tesla-owners-love-model-s/
Short URL: http://invstplc.com/1nv5BKr