Tesla (TSLA) weaker as Consumer Reports yanks recommendation for Tesla Model S - LA Times

(Updated - October 20, 2015 12:53 PM EDT)

Tesla (NASDAQ: TSLA) weaker as Consumer Reports yanks recommendation for Tesla Model S, according to the LA Times.

From the article:

Consumer Reports withdrew its recommendation for the Tesla Model S – a car the magazine has previously raved about – because of poor reliability for the sporty electric sedan.

The turnabout comes after the influential consumer magazine handed the luxury car a “worse-than-average” rating in its annual report on the predicted reliability of new vehicles issued Tuesday.

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