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Tesla Briefly Touches New All-Time High

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Shares of Tesla Motors (NASDAQ: TSLA) briefly traded at an all-time high of $265.64 Wednesday, even after Tuesday's negative Consumer Reports article stating that Tesla's highly-rated Model S had numerous problems.

Some of the issues according to the Consumer Reports article:

  • The touch screen control froze twice
  • The driver's door and the windows opened unexpectedly
  • Heat shields had to be installed after Tesla found a possible risk of fire

This comes a year after Consumer Reports gave the Tesla Model S the highest ranking it had ever given.

Shares of Tesla have pulled back, trading recently at $261.17.

Posted-In: News Movers


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