*By Jacqueline Corba*
Consumer Reports magazine [does not recommend](https://www.consumerreports.org/hybrids-evs/tesla-model-3-review-falls-short-of-consumer-reports-recommendation/) Tesla's Model 3, saying the mass-market electric car has big flaws in its braking system. But the magazine's director of automotive testing told Cheddar he would re-evaluate the car after Tesla makes upgrades.
In the magazine's test, it took a Model 3 going 60 miles an hour 152 feet to stop ー 20 feet longer than other cars in its class. "That's not going to help you prevent a crash if you really need to slam on the brakes," said Consumer Reports' director of automotive testing Jake Fisher. "We were very surprised when we saw the distance out of the Model 3."
Fisher said he personally spoke to Tesla's CEO, Elon Musk, on Tuesday night. Musk told him Tesla was looking to put out a fix as soon as the weekend.
Tesla has the ability to re-calibrate its braking system through its software and send updates to cars already on the road.
"If we get the update on our car we are absolutely going to retest that vehicle," said Fisher. "If it really shortens those distances this car very well can be recommended after we do that."
When asked how often Consumer Reports changes its recommendation, Fisher said the magazine is regularly testing and re-testing cars.
For full interview, [click here](https://cheddar.com/videos/consumer-reports-faults-brakes-on-teslas-model-3).
The plans would include nearly 20,000 homes initially for 50,000 residents and could grow to 400,000 people.
In an annual assessment of global inequalities, Oxfam International said the first trillionaire could emerge within the next decade — as the anti-poverty organization pointed to the growing wealth gap that skyrocketed globally during the pandemic.
The Biden administration proposed a cost drop for overdrawing bank accounts, which it says could particularly relieve Americans living paycheck to paycheck.
With thousands of layoffs in tech and beyond, how workers can keep their skills sharp, plus reasons to be hopeful when looking at the job market.
Taking a look at investment strategy as the new year gets into full swing.
Americans stepped up their spending in December more than expected, closing out the holiday season and the year on an upbeat tone. The Commerce Department said retail sales rose 0.6% in December compared with a November’s 0.3% increase.
A New York architect charged in a string of slayings known as the Gilgo Beach killings was accused in a 25-year-old Connecticut woman's death.
Uber purchased Drizly in a cash-and-stock deal for $1.1 billion in 2021. The drink delivery app will shut down in March, according to Uber.
After Donald Trump's victory at the Iowa caucus, Nikki Haley and DeSantis continue their campaigns as New Hampshire's primary looms.
Christine Short, VP of Research at Wall Street Horizon, shares insights on small and big banks earnings, a fresh round of layoffs in the tech world, and what to expect from upcoming rate decisions.
