FIRST AIRED: May 22, 2018

Nice work! Enjoy the show!


You’re busy. We get it.

Stay on top of the news with our Editor’s Picks newsletter.

US Edition
Intl. Edition
Unsubscribe at any time. One click, it’s gone.

Thanks for signing up!

We've got more news

Get our editor’s daily email summary of what’s going on in the world.

US Edition
Intl. Edition
Replay Program
More Info

COMING UP:Share Opener Variant 3



>> Tesla isn't getting much love from Consumer Reports. On Monday, the publication many Americans rely on for product reviews criticized the Model 3 sedan, saying it was a thrill to drive, but that it had, quote, big flaws. Consumer Report criticized the long distance it took for the Model 3 to stop in an emergency braking test, and said the controls on a center touchscreen were hard to use.
Tesla says its own testing shows a much shorter braking distance than the magazine's results. But all this comes as Tesla deals with an increasing number of safety investigations involving crashes. Routers correspondent Alexandria Sage.>> This failure to recommend the Model 3 comes at a time of lots of scrutiny on Tesla.
They are facing more skepticism over their finances, they've had a spate of crashes, some of which were fatal, some were not, some involving fires. Also some involving their autopilot, semi autonomous function. So there's a lot of things going on at Tesla right now. There are a lot of moving parts.
And certainly the failure to get a recommendation from this very influential magazine, Consumer Reports, does not help.>> The slam from Consumer Report took the shine off of Tesla's shares that had risen over 4% on Monday morning, after a string of tweets by CEO Elon Musk showed the company was aiming to deliver more profitable additions of the model three.
Musk said a model three with all options except autopilot, would cost 78 grand, and that Tesla had to focus first on delivering those, rather than the basic model three, that costs $35,000. Tesla has been struggling with ramping up production of the Model 3, a car that's supposed to be its first mass-market vehicle and key to the company's profitability and future.