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Stock impact report

Tesla's Musk admits the Model 3 has a braking issue and promises a fix [CNBC]

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: CNBC
Tesla's Chief Executive Officer Elon Musk admitted late on Monday there was a braking issue with the Model 3 sedan, pointed out by Consumer Reports , and said it can be fixed with a firmware update that the electric car maker will be rolling 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 wrote in a tweet. Elon Musk tweet Musk said that Consumer Reports had an early production car and would request them to test a newer model. Model 3 now has improved ride comfort, lower wind noise & many other small improvements, Musk wrote in another tweet. Elon Musk tweet Influential U.S. magazine Consumer Reports on Monday said it will not recommend the affordable Model 3, seen as key to Tesla's profitability, as it braked slower than a full-sized pickup truck. Consumer Reports criticized the Model 3 for having overly long sto Show less Read more
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