Tesla admits Model 3 braking problems, but promises an easy fix
After a negative review, Elon Musk tweets that earlier models were tested, which have since been improved, but acknowledges the need for ‘further refinement’
Bengaluru — Tesla CEO Elon Musk has sought to play down a report identifying "big flaws" in its Model 3 sedan, admitting there is a braking issue with the vehicle but saying it will be fixed with a software update within days. Responding to a review by influential US magazine Consumer Reports, which stopped short of recommending the car, Musk said in a round of tweets late on Monday that the magazine’s tests — which used two separately sourced vehicles — had been of older versions of the car that had already been improved. The issue, which ate into gains for Tesla shares on Monday, come at a time when Tesla is dealing with reports of crashes involving its vehicles, and growing scepticism over its finances. Tesla stock, down about $100 since last September, gained about 1% on Tuesday, having finished almost 3% higher on Monday, helped by an easing of trade tensions with Chinam which may aid its plans to produce there. "With further refinement, we can improve braking distance beyond i...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.