Tesla makes first appearance in Consumer Reports' top 10 reliability rankings [Los Angeles Times (CA)]
Toyota Motor Corporation (TM)
US:NYSE Investor Relations:
toyota-global.com/investors
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Source: Los Angeles Times
Thanks to improvement in its build quality and what the magazine called a “standout” electric drive system, Tesla rose to ninth in reliability out of 26 brands tested, up from 17th last year. Back in 2022, Tesla's reliability ranked 27th out of 28 brands. The gains come despite ongoing issues with its electrically controlled doors – a technology that has proliferated across the automotive industry. A Bloomberg investigation found hundreds of consumer complaints to US regulators about the door systems, with Tesla accounting for the largest share. Tesla has been criticized for not updating the designs of its cars, putting pressure on sales, which are on track to fall for the second straight year. But that aging lineup actually is working in Tesla's favor when it comes to reliability because it continues to build its cars better, according to Consumer Reports. The only Tesla with below-average reliability is its newest model — the Cybertruck. “With Tesla, it's not that they've s
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