Rabid investors are piling back into Tesla shares this morning following a flip-flop from Consumer Reports that now recommends the Model 3 after an over-the-air software update improved braking by almost 20 feet.
As Bloomberg reports, the influential magazine had refused to recommend the electric-car maker’s more-mainstream model after testing showed it took longer to stop than a Ford F-150 pickup. The new software pushed by Chief Executive Officer Elon Musk addressed variations in braking styles and environmental conditions, a company spokeswoman told Consumer Reports.
There’s just one thing… Tesla Bonds are being whacked with the ugly stick (and this is despite a massive bid for bonds overall)…
Just one more thing to ignore!! Like yet more auto-pilot crashes…
via RSS https://ift.tt/2xrMhfj Tyler Durden