Tesla Model S Holding Value Despite Reliability Issue

By | October 21, 2015

Scalper1 News

Reliability woes but strong resale value? Sounds like a classic car in the making alright. The $70,000-plus Tesla Motors (TSLA) electric Model S sedan, highly lauded for its performance but recently dinged on reliability issues — both by Consumer Reports — appears to be holding its value better than conventionally fueled luxury car rivals. Tesla stock slid 1.4% to 210.09 Wednesday after plunging 6.6% Tuesday, when the magazine gave the Model S a Scalper1 News

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