(NEW YORK) — Tesla Motors just had a day that most companies can only dream of. Its Model S electric car scored a very rare near-perfect rating from Consumer Reports.
The rave came as Tesla turned its first ever profit: $11.2 million for the latest quarter. That came after a $90 million loss in the last three months of 2012.
Consumer Reports praised the Model S for its “pinpoint handling” and quiet, “beautifully-crafted” interior.
“The Tesla Model S is packed with technological innovation,” Jake Fisher, director of Automotive Testing for Consumer Reports, said in a statement. “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.”
The 99 out of 100 point score puts the $89,650 electric vehicle way ahead of other high-priced rivals.
Compared to Detroit’s big three, Tesla is a tiny niche player. But its sales are revving up.
Tesla starts delivering the Model S to Europe this summer and predicts global demand will hit 30,000 cars.
Copyright 2013 ABC News Radio
Julia Horowitz, CNN
Paul Menser, BizMojo Idaho