Electric vehicle-maker Tesla bled nearly $75 million in the third-quarter of 2014, almost double what it lost during the same period last year.
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Tesla’s Model S sedan scored an unprecedented “99 out of 100” from Consumer Reports last year, but the glowing endorsement from this influential publication could turn out to be short lived. Sources indicate the reliability of this car may have taken a slide.
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Tesla saw its stock price jump nearly 14 percent this morning to a record high.
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Amidst the ongoing investigation on the Tesla Model S fires, the National Highway Traffic Safety Administration (NHTSA) has granted the model year 2014 Model S with its five-star safety rating.
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