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Stock impact report

Elon Musk admits Tesla Model 3 has braking problems [CBS News]

Tesla, Inc. (TSLA) 
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Company Research Source: CBS News
Elon Musk admits Tesla Model 3 has braking problems Tesla CEO Elon Musk admitted in a tweet that the Model 3 has braking problems, a flaw Consumer Reports highlighted in a Monday review. Musk vowed to fix the issue, which the influential magazine said included long stopping distances . Consumer Reports tests cars for the distance they require to come to a stop when the driver hits the brakes at 60 miles per hour. The Model 3 required 152 feet, which CR said was "far worse than any contemporary car we've tested." Musk tweeted that the problem could be fixed "in a few days." "Looks like this can be fixed with a firmware update," he tweeted. "Will be rolling that out in a few days. With further refinement, we can improve braking distance beyond initial specs. Tesla won't stop until Model 3 has better braking than any remotely comparable car." Musk added that Consumer Reports "has an early production car. Model 3 now has improved ride comfort, lower wind noise & many other small improve Show less Read more
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