Tesla Motors Inc (TSLA) Leads In Satisfaction. Consumer Reports Gives 98

Tesla Model S

Tesla Model S

In Consumer Reports Buyer Survey, Tesla Motors Inc (NASDAQ:TSLA) has passed the consumer’s satisfaction with flying colors, surpassing those of Porsche owners. This is the second consecutive year when Tesla’s Model S luxury electric Sedan has grabbed the first rank in the U.S. survey. Out of the 100 points, the company has attained a score of 98, which is one point down from its 99 mark last year. Porsche amassed an average 87 out of 100 across its all models.

The electric car maker’s Model S is clearly leading the race in customer satisfaction, which is encouraging for the company as it targets to sell 50,000 cars next year. Some of the consumer’s remarks while reviewing Tesla’s car is that the vehicle is comfortable, spacious and is fun to drive,  along with its low operating costs.

The survey this year will help solidify the brand image of Tesla Motors Inc (NASDAQ:TSLA), which has been in the market since last 11 years. Further, the four month long investigation by the U.S. regulators into the incidents of fires reported for Tesla’s Model S has concluded without a recall.  The company should be able to set its sails on increasing productions and roll out of its Model X.

Other Car Makers In The List

The Survey included 350,000 car models ranging from three to one year old and reviewed customer’s experience on the basis of comfort, styling, features, cargo space and maintenance. Other factors taken in account were fuel economy, driving dynamics, value and repair costs. The next three best cars are taking their ranks after Model S were all sports cards. General Motors Company (NYSE:GM)’s Chevrolet Corvette Stingray followed by Volkswagen AG’s Porsche Cayman and Boxster. On the basis of fuel, hybrid, electric and diesel-powered cars reigned over gas engines during the complete survey.

Viraj Shah

Viraj Shah has completed M.Com (Finance) and is currently pursuing his CFP. He tracks US markets along with other global markets like India very closely. He is very passionate about stocks, real estate, and technology. He also believes that money can always be made in the market.

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