The Tesla Model S now has another strong endorsement. Product-review publication Consumer Reports gave the electric car 99 out of 100 possible points -- a rating matched by only one other car in Consumer Reports' history, the 2007 Lexus LS460L.
The Tesla Model S received the ringing endorsement from Consumer Reports because, "It accelerates, handles and brakes like a sports car, it has the ride and quietness of a luxury car and is far more energy efficient than the best hybrid cars," automotive testing director Jake Fisher said in a statement. The publication called the Model S "the most practical" electric car on sale today, compared its handling to that of Porsche models, and said it is the quietest car CR has tested since the aforementioned Lexus LS460L.
Nonetheless, CR dinged the Tesla for its high price, long charging times, and low rear-seat headroom. The publication also warned that Tesla doesn't yet have a proven track record of building high volumes of cars, and because so few have been sold, CR doesn't yet have enough reliability data to give the Model S its coveted "Recommended" label.CR's test car is apparently averaging between 180 and 225 miles per charge; the EPA says versions with the 85-kWh battery pack have a driving range of about 265 miles.
This is just the latest in a long line of endorsements for the Tesla Model S electric car, the brainchild of entrepreneur Elon Musk. We named it our 2013 Automobile of the Year, and Motor Trend selected it as its 2013 Car of the Year.
The glowing review comes on the heels of news that Tesla posted its first profitable quarter to date, with a profit of about $11 million in the first quarter of 2013. The company said it had built 5000 units of the Model S in the first quarter, putting it on track to meet its goal of building (and, hopefully, selling) 20,000 cars this year. This news caused Tesla's stock price to surge; as of writing, according to Tesla data, it was trading for $68, up from a closing price of $55.79 yesterday.
Sources: Consumer Reports, Tesla