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PALO ALTO, Calif.— Electric car maker Tesla Motors says it has extended the drive-unit warranty for its Model S sedan to make it good for eight years and unlimited miles. Tesla CEO Elon Musk said in a blog posting Friday that the move reflects the company's belief that electric motors are more reliable than gasoline engines.
Aug 15- Electric carmaker Tesla Motors Inc said on Friday it had boosted warranty coverage on its Model S sedan, a week after an influential U.S. consumer magazine highlighted problems with the $70,000- plus vehicle. It purchased the car in January 2013 for $89,650.
Aug 15- Electric carmaker Tesla Motors Inc said the drive unit warranty for its Model S sedan has been increased to match that of the battery pack and will now be covered for eight years and "infinite" miles. The company also said the warranty extension will have a "moderately negative" effect on its earnings in the short term.
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