I would say yes. It seems a lot more responsive and better at managing the attitude of the car than the ones I have experienced in VW's and Bimmers. Tesla says this is because there is a lot less inertia in the drive train to fight.
I don't have stability control experience with any other makes so I can't compare them. I had heard last year or the year before that BMW had the most advanced system in the world but I never vetted the article I read.