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Bernstein Analyst Highlights His Tesla Experience: 'I am not sure whether I will ever purchase another vehicle again from Tesla'

Stock Markets Sep 30, 2022 08:20AM ET
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© Reuters. Bernstein Analyst Highlights His Tesla (TSLA) Experience: 'I am not sure whether I will ever purchase another vehicle again from Tesla'
 
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By Michael Elkins

Shares of Tesla Inc (NASDAQ:TSLA) are up 0.41% in pre-market trading Friday, ahead of the electric vehicle company’s AI day and 3Q earnings release.

A senior analyst at Bernstein wrote a note detailing his personal experience with the automaker. He highlights several issues with Tesla’s execution of delivery and customer service.

The analyst wrote in the note: “My family took delivery of a Tesla Long Range Model Y in September. It was our third Tesla (we leased a Model X from 2016-2019, and a Model 3 from 2019 to 2022). Our ordering and delivery experience marked a new low in our customer experience with any auto company, and the experience so negatively shaped my sentiment of the company that I am not sure whether I will ever purchase another vehicle again from Tesla. Commentary from other Tesla owners in various online forums and user groups, as well as our friends' experiences with Tesla, reaffirm that our experience was not altogether unusual.”

The analyst waited 11 months from the time the vehicle was ordered until the car was finally delivered. The order took place in September 2021. The delivery date was initially targeted for January 2022. According to him, the delivery times moved every few weeks. The vehicle was finally delivered in September 2022 – one full year later.

“We had to extend a lease on our existing Model 3 because we couldn't get any visibility on when we might get the car,” he wrote. Tesla owner groups report that delivery changes appear completely spurious and have occurred up to the day of scheduled delivery.

The analyst also highlighted failures with the company’s customer service. “Most notably, nearly every step of the Tesla ordering and delivery experience felt completely impersonal and unpredictable, with no ability to connect with a Tesla representative.”

Almost all communication with the company was through text messaging. Moreover, the text line was manned by various people, so there was no continuity and - at times - conflicting statements made.

“The upshot was that no one really took ownership for my Tesla experience, and as a result, no one appeared to care whether I had a satisfactory experience with the company or not.”

A customer in the Model 3 Owners' Group posted: “Dear Elon… Your cars are incredibly well thought out and set a new benchmark for thinking outside the box. Your manufacturing is absolutely brilliant. Your supercharging network and function is 10 years ahead of what anyone else might come up with. But services is a big concern… you won't need plants that can produce 2 million cars a year if the word gets out that your service and support is going downhill.”

Bernstein Analyst Highlights His Tesla Experience: 'I am not sure whether I will ever purchase another vehicle again from Tesla'
 

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Comments (6)
Дима Бобков
Дима Бобков Oct 02, 2022 2:55PM ET
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hello, hello.
Vidyasagar Deshpande
Vidyasagar Deshpande Oct 02, 2022 2:28PM ET
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I rented tesla y for 1 month . It makes too much noise inside.? My family doesn’t want ti buy because of noise
Katie Belle
Katie Belle Oct 01, 2022 8:51PM ET
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their solar support isn't great either
Steven Angelo
Steven Angelo Oct 01, 2022 8:51PM ET
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I have Tesla solar. What has your experience been like and what problems have you had?
Mike Dough
Mike Dough Sep 30, 2022 10:50AM ET
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And how low of a price did you pay for it?? Stop complaining like a lil baby and look at the bright sides. The cup is half full!!! Also, I am sure your family (maybe NOT you) will buy a Tesla again!!!!!!!
Serge Besson
Serge Besson Sep 30, 2022 10:50AM ET
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stop complaining like a lil baby...?R u Working för Tesla....
Ricardo Diogo
Rcd72 Sep 30, 2022 10:50AM ET
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Elon bot?
DJ Chan
DJ Chan Sep 30, 2022 10:38AM ET
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Delay in auto delivery by all brands-commonplace. Thanks, Biden
Majahonda Sikari
Majahonda Sikari Sep 30, 2022 10:11AM ET
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This sounds a summary of issues that were acknowledged by Elon and promised to improve it. Sure, some ppl like and others don't.
 
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