Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Tesla Motors Inc (TSLA)’s Model S Comes With A Happiness Guarantee

Tesla Motors Inc (NASDAQ:TSLA)’s price has dived almost 9.2% for the past month, reaching a value close to $224.8 per share, and almost half as much for the current trading day. CNBC said that this comes on the back of the fact that many states, Michigan being most recent, have adopted a so-called ‘anti-Tesla’ law that bans the sales of the electric vehicles in the borders of the state. Tesla Motors Inc (NASDAQ:TSLA) riposted through offering customers a 5 minute purchase experience through their website and a happiness guarantee.

Tesla Motors Inc (NASDAQ:TSLA)

“They are stressing you don’t need to go to a dealership or what people would perceive to be a dealership or a gallery. You can do it even if your state does not allow you to have Tesla sold to you directly in that state,” informed Phil LeBeau.

The car manufacturer is still working miracles in terms of growth as Tesla Motors Inc (NASDAQ:TSLA)’s up some 47.3% year to date. So, to address fears of dissatisfaction related to the experience of driving an electronic car, the company offers the happiness guarantee program that aims at offering customers a prolonged test-drive to get accustomed to the Model S.

“Essentially, the happiness guarantee is that if you lease a Model S and within the first 3 months you’re not happy for any reason at all, you can return it to Tesla no questions asked. One catch, you cannot return it simply to turn around and lease another model,” said Phil LeBeau.

Tesla Motors Inc (NASDAQ:TSLA) also has to present the results of its Gigafactory, the company’s $5 billion investment, that is supposed to power 500,000 vehicles. Also, on November 5th Tesla Motors Inc (NASDAQ:TSLA) is going to present its earnings release and this could shed more light into how Elon Musk’s business is faring.

Disclosure: none

Warren Buffett and BillionairesFree Report: Warren Buffett and 12 Billionaires Are Crazy About These 7 Stocks

Let Warren Buffett, David Einhorn, George Soros, and David Tepper WORK FOR YOU. If you want to beat the low cost index funds by an average of 6 percentage points per year look no further than Warren Buffett’s stock picks. That’s the margin Buffett’s stock picks outperformed the market since 2008. In this free report, Insider Monkey’s market beating research team identified 7 stocks Warren Buffett and 12 other billionaires are crazy about. CLICK HERE NOW for all the details.