Tesla Tops Consumer Reports Customer Satisfaction Survey Again

From StockNews.com: Tesla Motors Inc (NASDAQ:TSLA) once again dominated Consumer Reports’ customer satisfaction list for 2016, indicating that the auto brand’s quality is second to none.

From Consumer Reports:

Our survey revealed that the Tesla, Porsche, Audi, and Subaru brands remained in the top four spots, again this year. Some other brands were on the move. Lincoln climbed from 21st place last year to 12th this year, and Hyundai shot up to 13th from 24th, based on the strength of new and recently redesigned models.

Survey data indicated that 91% of Tesla owners said they would buy a Tesla vehicle again. The next closest satisfaction number was held by Porsche at 84%, then Audi and Subaru at 77% and 76%, respectively.

The two bottom satisfaction spots were held by Fiat (53%) and Nissan (58%), indicating that those brands could be suffering from widespread issues among their current car owners.

Consumer Reports notes that “Model satisfaction is determined by the percentage of owners who responded “definitely yes” to the question of whether they would buy the same vehicle if they had it to do all over again.”

Despite the glowing reviews from its customers, Tesla shares fell $0.39 (-0.19%) to $208.06 in premarket trading Friday. Year-to-date, TSLA has fallen -13.15%, versus a +10.55% gain in the benchmark S&P 500 index during the same period.

TSLA currently has a StockNews.com POWR Rating of C (Neutral), and is Ranked #19 of 24 stocks in the Auto & Vehicle Manufacturers category.

This article is brought to you courtesy of StockNews.com.

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