Money For Lunch – Consumer Reports Pulls Tesla Model 3 Endorsement

Consumer Reports Pulls Tesla Model 3 Endorsement

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Consumer Reports stopped recommending Tesla’s Model 3 over reliability issues, sending the electric carmaker’s shares falling on Thursday. Owners of the Model 3 have highlighted loose body trim and glass defects as problem areas. A magazine’s representative said there were also issues with the car’s electronics, which can be difficult to replace. Some analysts have raised concerns over declining quality of Model 3s as Tesla increased production, reports CNBC. Tesla says it fixed the “vast majority” of those issues.

But Tesla is not alone, the Chrysler 300, Dodge Charger, Acura RDX, BMW 5 Series and Volkswagen Tiguan also lost their recommendations.

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