Tesla Stock Enters Panic Mode after Consumer Watchdog Issues Scathing Report

tesla stock price consumer reports
tesla stock price consumer reports

Tesla has been on a tear in ramping up production of its Model 3. However, the automaker’s efforts may be in vain.

Model 3 buyers say they aren’t satisfied. Their unhappiness was reflected in an annual survey conducted by Consumer Reports. As a result, it said it could no longer recommend the vehicle that’s become Tesla’s flagship.

On the news, Tesla’s stock took a dive, as investors continue riding the roller coaster that comes hand in hand with being in Elon Musk’s passenger seat.

From Crème de la Crème To Plain Vanilla

Tesla Model 3
Tesla Model 3

Consumer Reports said it would no longer recommend the Tesla Model 3. | Source: Shutterstock

Read the full story on CCN.com.

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