To quote Larry Kudlow: Free market capitalism is the best path to prosperity! Matters of business and free enterprise are discussed on this blog. Included are company press releases, 3rd party news articles and videos, articles and videos pertaining to small business, and white collar crime.
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Friday, October 28, 2016
Tesla is Innovative - But Is It Reliable? (Watch)
Innovation and reliability don’t always go hand in hand – at least not for Tesla. The automotive company ranked 25 out of 29 in Consumer Reports’ latest reliability survey, which is a known standard in the industry.
Of course, the car company is known for being more innovative and cutting edge than many others in the industry. But some of its innovative features, like falcon wing doors, were sources of reliability problems. And then there are the well-documented issues with the company’s autopilot feature, which is still being tested. So this survey isn’t likely to do anything to calm people’s concerns.