Tesla's Model S Receives "Above Average" Reliability Rating
![Tesla's Model S Receives "Above Average" Reliability Rating](https://g.foolcdn.com/editorial/images/460046/tsla-stock-model-s.png "Tesla's Model S Receives "Above Average" Reliability Rating")
Consumer Reports' rollercoaster rating changes on electric-car maker Tesla's (NASDAQ: TSLA) vehicle reliability continued on Thursday. The consumer reporting agency raised its reliability rating for the company's Model S sedan from average to above average. The rating change follows a change in 2015 when CR lowered the Model S's rating from average to below average. More recently, CR had rated the Model S's reliability as average.
Marking Tesla's first above-average reliability designation for any of its models, the rating bodes well for Tesla's upcoming Model 3, CR said.
Model S. Image source: Tesla.
Source: Fool.com
Tesla Inc Stock
€269.85
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Currently there is a rather positive sentiment for Tesla Inc with 104 Buy predictions and 38 Sell predictions.
As a result the target price of 410 € shows a very positive potential of 51.94% compared to the current price of 269.85 € for Tesla Inc.
