Talk about Good Guy Elon Musk. The real-life Tony Stark on Friday announced that the Tesla Model S infinite mile warranty, which typically applied to the car’s battery pack, now also applies to the drive unit. Musk made the policy official following a somewhat harsh critique on the Model S by Consumer Reports, which said the car had developed glitches after about 15,733 miles of test driving.
The policy extends to any number of owners who have the car during the infinite mile eight year warranty, Musk explained, so you’re perfectly safe buying a used Model S, too. Even better, it also applies to all Model S cars that are already out there and not just to new buyers.
“If we truly believe that electric motors are fundamentally more reliable than gasoline engines, with far fewer moving parts and no oily residue or combustion byproducts to gum up the works, then our warranty policy should reflect that,” Musk explained. He also noted that investors will notice a “moderately negative” effect on earnings due to the needed increase in the money Tesla puts aside for warranties. “By doing the right thing for Tesla vehicle owners at this early stage of our company, I am confident that it will work out well in the long term.”