Tesla's Consumer Reports Downgrade Is A Reminder That Tesla Is Actually An Auto Stock - News Summed Up

Tesla's Consumer Reports Downgrade Is A Reminder That Tesla Is Actually An Auto Stock


Tesla makes cars. Tesla management was reminded of this today, with Consumer Reports' decision to lower its ratings on Tesla's Model S and Model X. The genesis of this was Tesla's failure to provide models made since October 2016 with automated emergency braking (AEB.) AEB is a fairly basic technology, and, in fact will be required in all cars sold in the U.S. by 2022. Tesla responded to today's CR article by issuing a statement that the software upgrades would be pushed out beginning April 27th.


Source: Forbes April 26, 2017 20:37 UTC



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