Tesla boss Musk rants at press on Twitter

Tesla boss Musk rants at press on Twitter

"If Tesla can update the brakes over the air - an industry first - we'd be happy to retest our Model 3", Consumer Reports' director of automotive testing, Jake Fisher, told Reuters on Tuesday.

The issue, which ate into gains for Tesla shares on Monday, came at a time when Tesla is dealing with reports of crashes involving its vehicles and growing scepticism over its finances.

It will cost US$78,000, more than double the US$35,000 base-model starting price discussed into the run-up before the electric car's deliveries started previous year.

"With further refinement, we can improve braking distance beyond initial specs. Tesla won't stop until Model 3 has better braking than any remotely comparable auto", Musk wrote in exchanges with other twitter users.

"Also Consumer Reports has an early production vehicle. Will request that they test current production", he wrote. The company continues to target a weekly production rate of 5,000 Model 3 sedans by the end of the second quarter, despite starting the quarter at a rate of just 2,000 vehicles.

Shipping a minimum-cost Model 3 right away "would cause Tesla to lose money and die", Musk said on Twitter. CR tested two vehicles in total and was only able to hit the 130-foot mark once, on the first test of one auto.

Musk also claimed that the site would flag "propaganda botnets".

"The CR braking result is inconsistent with other reviewers, but might indicate that some Model 3s have longer braking distances than others", he said.

Now, on the one hand, we're glad to see Elon following up on the issue and pledging to address it immediately.

According to a prior Tweet from Musk, production of the dual-motor AWD and performance-variant Model 3 cars will begin in July.

With this said, the effort doesn't seem to be going anywhere, which the UAW attributes to Tesla allegedly impeding attempts to promote the unionization effort at their factory.

On Wednesday, Baird analyst Ben Kallo said in a research note that he believes most of the negative reports on Tesla have been "immaterial" and that the company should make significant progress in producing the Model 3.

Related Articles