Tuesday, May 22, 2018

Tesla Model 3 fails to get Consumer Reports nod due to 'big flaws'

By Vibhuti Sharma and Sonam Rai (Reuters) - Influential U.S. magazine Consumer Reports will not recommend Tesla Inc's Model 3 sedan, saying on Monday it braked slower than a full-sized pickup truck, taking the shine off a day of gains for shares in Elon Musk's electric car company. Musk had driven shares in Tesla as much as 4 percent higher with weekend tweets showing the Silicon Valley company was aiming initially to deliver higher-priced, more profitable fully-loaded editions of the Model 3

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