News
Tesla trifecta dominates Consumer Reports’ list of most satisfying cars on the market
A consumer’s love for a vehicle is something truly valuable. Regardless of predicted reliability ratings or the amount of negative media coverage a carmaker receives, the loyalty of customers is something that simply cannot be matched. And in this sense, even an organization such as Consumer Reports, which tends to lean into the anti-Tesla narrative every so often, recently admitted that its list of most satisfying cars on the market is dominated by vehicles from the California-based EV maker.
Purchasing a car is one thing, but buying the same vehicle a second time is something that very few people do, at least unless they are completely satisfied with their purchase. This is something that Consumer Reports’ Annual Auto Survey sought to determine. The idea behind the magazine’s survey was simple: would car owners buy their current vehicles again if given the chance? The survey covers several aspects of the car ownership experience, from comfort, driving, and the intuitiveness of a vehicle’s electronics.
Jake Fisher, senior director of auto testing at Consumer Reports, highlighted the purpose of the Annual Auto Survey. “You want to know how owners like living with a car and how they feel about qualities and features after the initial excitement of a new car wears off,” Fisher said.
As per Consumer Reports’ 2021 Annual Auto Survey, the Tesla Model 3 is the most satisfying car in the United States right now. The all-electric midsize sedan is followed by the larger, gas-guzzling Kia Telluride, but the Tesla Model S is right at the ICE SUV’s heels in third place. The Tesla Model Y ranks as the fifth most satisfying car in the country, just ahead of the Mazda MX-5 Miata, a small sports car that is pretty much the definition of fun driving. This is quite an impressive result for Tesla, especially as Consumer Reports surveyed 27 brands in its recent Annual Auto Survey.
Whats is particularly interesting is the fact that Consumer Reports’ concerns about the Model 3, especially with regards to the vehicle’s infotainment system, seem to be a non-issue with the electric car’s owners. The “historic reliability concerns” that Tesla has according to the magazine also does not seem to bother the electric vehicle’s owners, either, especially as Consumer Reports’ reliability ratings for Tesla’s vehicles include rather unique factors such as paint, trim, and body panels.
Elon Musk, for his part, appears to be pleased with the results of Consumer Reports’ Annual Auto Survey, with the CEO giving the magazine a thumbs up on Twitter. Overall, the results of the magazine’s survey prove that Teslas are really a breed of vehicles unlike any other. The ownership experience they provide is just so unique; it’s almost difficult to compare them with traditional vehicles. It is, in a lot of ways, quite similar to how difficult it was to compare the first iPhone to the flagship Nokias back in the day.
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Investor's Corner
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
Tesla short seller Michael Burry, the subject of the film “The Big Short,” where he was portrayed by Steve Carell, has revealed he has opened a new bet against the stock.
In a new update to his Substack newsletter in a post titled “Trading Post June 30, 2026,” Burry revealed a new set of bets against Tesla, Caterpillar, NVIDIA, Applied Materials Inc., and the iShares Semiconductor ETF.
In regard to Tesla, Burry wrote:
“And finally I shorted Tesla at 416.22. Happy it jumped back to this level.”
This means Burry likely opened his new short position after the company’s recent rally on Wall Street, which saw Tesla shares sink in mid-May, only to recover to well over the $400 mark. Currently, shares trade at around $427.
The company saw a big Tuesday as shares climbed considerably, over 10 percent. The size of the Tesla short was not provided, nor did Burry give any information on the position’s structure, the number of shares, dollar value, or whether options were used in the short.
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Over the years, Burry has been one of the more vocal critics of Tesla, calling its share price “media inflated,” and saying it was “ridiculously overvalued” as recently as December.
The company has largely transitioned away from being known as an automotive company and instead is much more widely regarded as an AI play, mostly due to its Full Self-Driving efforts, Optimus robot development, and data collection related to both.
This has not pulled those skeptics away from being vocal about their distaste for how Tesla is valued, but there’s no denying that the company is a global force in many things, including sustainable energy, automotive, and AI.
Wedbush Securities is initiating stock coverage on SpaceX (NASDAQ: SPCX), marking the first comments on the company since it went public several weeks ago. Wedbush and its analyst handling coverage, Dan Ives, are widely bullish on fellow Musk company Tesla (NASDAQ: TSLA).
Ives wrote his first note initiating coverage of SpaceX shares on Wednesday with a $190 price target and an ‘Outperform’ rating. The firm believes the company is well positioned off of its IPO because of its wide array of projects, including AI compute power and infrastructure, connectivity projects, and launches.
“We view SpaceX as one of the most differentiated assets within the tech market with a strong footprint across its three core markets, with Starlink driving success with connectivity,” Ives wrote, “Starship launches leading to a demand flywheel and increasing deal flow for its Colossus clusters.”
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Wedbush leans heavily on Starlink, which they say is the “profitability driver given the strength of its recurring revenue base of ~12 million subscribers as of June 5th.” Ives believes Starlink is still in the “early innings” of penetrating the global telecommunications and broadband market, as it only holds less than a 1 percent share. However, this number is sure to increase over time.
It also highlights the importance of Starship, which it says is an “essential layer” of SpaceX’s overall success. SpaceX developing and displaying the ability to reuse rockets is a major cost and reliability advantage “as it reduces the necessary hardware launch costs while generating a feedback loop for future flights to improve their launch flight rate without accelerating capex spend.”
Finally, SpaceX’s recent AI/Compute projects are also very elementary, Ives writes. It is worth mentioning Wedbush said its $190 price target is derived from a valuation forecast that sees the company yielding roughly $2.48 trillion of implied enterprise value.
There are also some factors that Wedbush did not take into account with its initial coverage. The firm wrote in the note:
“We note that there is optional value coming from Starship’s accelerating scale towards sub-$200/kg unit economics, orbital data centers, and enterprise AI monetization as these factors could drive meaningful upside but these face major hurdles, so we do not take that into account with our valuation.”
SpaceX shares are down just over 2 percent today, trading at around $167 at the time of publication.
Tesla has expanded the footprint of a massive safety feature worldwide with a recent Software Update labeled as 2026.20.6. The expansion of the “Blind Spot Warning While Parked” feature represents the more widespread availability of the feature, which aims to prevent “dooring.”
Dooring is when a driver or passenger opens a car door into the path of an oncoming road user, usually a cyclist or motorcyclist. It is among the most common types of cycling accidents, the League of American Bicyclists says.
For this reason, Tesla created a feature that warns occupants not to open the door because an object is approaching. The feature will sound a chime, and it will also delay the opening of the door to prevent an incident.
The release notes state (via Not a Tesla App):
“If you attempt to open a door while an approaching object is detected in your blind spot (for example, a bicyclist approaching from behind) a chime sounds, and your door will not open upon initial button press. Wait a short time and press the button a second time to override the warning.”
Tesla initially rolled out this feature back in 2024 with the Model 3 “Highland.” However, it remained with the Model 3 exclusively for over a year; that was until Tesla added it to the Cybertruck this past Spring.
Now, it is making its way to the new Model Y, 2021 and newer Model S, and 2021 or newer Model X.
The prevention of dooring incidents could eliminate many injuries to cyclists, especially in an urban setting. Dooring accounts for 10-20 percent of bike-related crashes in major cities, and over 17,000 dooring-related incidents were treated in the U.S. over the course of a decade. These usually involve fractures, contusions, and head trauma.
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
SpaceX gets initial stock coverage from Tesla’s biggest bull
