Skip to content

CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please consider our Risk Disclosure Notice and ensure that you fully understand the risks involved. CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please consider our Risk Disclosure Notice and ensure that you fully understand the risks involved.

Tesla Model 3 receives poor feedback for reliability in Consumer Reports survey

A US publication won't recommend Tesla's sedan to drivers.

Tesla logo after Consumer Reports won't recommend Tesla Source: Bloomberg

Tesla had a setback as its Model 3 car received poor feedback for reliability in Consumer Reports survey. The US publication noted that it can’t recommend the vehicle to drivers. The surprising news comes a month after the magazine put the sedan on its ‘customer satisfaction’ list. After the negative report, Tesla stock fell before slightly rising in the US stock market.

Why can’t Consumer Reports recommend Tesla?

Consumer Reports has written that it can’t recommend the Model 3 sedan after conducting a survey of Tesla customers in the magazine. They reported problems with the body trim coming loose and car window cracks. One participant in the survey also wrote that there were issues with the vehicle’s touch screen.

‘The touch screen would intermittently begin acting as if someone was touching it rapidly at many different points. This fault would cause music to play, volume to increase to maximum, and would rescale and pan the map in the navigation system,’ wrote one customer.

Jake Fisher, senior director of automotive testing at Consumer Reports, noted that Tesla failed a reliability test because of the numerous issues the carmaker’s customers reported.

‘Consumers expect their cars to last — and not be in the repair shop. That's why reliability is so important,’ said Jake Fisher, senior director of automotive testing at Consumer Reports.

Tesla responds to Consumer Reports

Tesla answered Consumer Reports’ criticism in a statement.

‘We take feedback from our customers very seriously and quickly implement improvements any time we hear about issues. The vast majority of these issues have already been corrected through design and manufacturing improvements, and we are already seeing a significant improvement in our field data,’ said a Tesla spokesperson in a statement.

Despite the controversy with the Model 3, the car was the bestselling luxury car of 2018 in the US and new vehicles just arrived in Europe. Tesla will have to make many changes to the Model 3 to meet Consumer Reports’ standards.

(Corrects headline and paragraphs 1 to show Tesla Model 3 has not been deemed unsafe, but received poor feedback for reliability in Consumer Reports survey)


The information on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG Bank S.A. accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer.

See your opportunity ?

Seize it now. Trade over 17 000 markets on our award-winning platform, with low spreads on indices, shares, commodities and more.

Live prices on most popular markets

  • Forex
  • Shares
  • Indices

Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.

You might be interested in…

Find out what charges your trades could incur with our transparent fee structure.

Discover why so many clients choose us, and what makes us a world-leading provider of CFDs.

Stay on top of upcoming market-moving events with our customisable economic calendar.