Tesla Briefly Touches New All-Time High
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.
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.