Tesla shares gain after Musk says he'll fix issue raised by Consumer Reports [MarketWatch]
Tesla, Inc. (TSLA)
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Source: MarketWatch
Tesla shares jump 1.1% premarket after Elon Musk says issue raised by Consumer Reports will be fixed shortly Tesla Inc. shares TSLA, +2.77% rose 1.1% in premarket trade Tuesday, after Chief Executive Elon Musk said a problem with the Model 3 that led Consumer Reports to deny the vehicle a recommendation will be fixed with a software release in a few days. "Looks like this can be fixed with a firmware update," Musk wrote in a late Monday tweet. "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." Consumer Reports said Monday that while ""there's plenty to like" about the Model 3, issues with the mass-market sedan's braking, touch-screen controls, and ride quality "hurt" the car's standings with Consumer Reports, the magazine said Monday. As a result, the Model 3 did not earn a Consumer Reports recommendation, the magazine said on its
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