Tesla Motors Inc. survived a cash crisis in 2008 and tomorrow delivers its first electric car designed and built solely in-house. Co-founder Elon Musk will soon learn if there’s enough Model S demand for Tesla to profit.
The criminal investigation that opened yesterday into General Motors Co.’s handling of an ignition flaw linked to 12 deaths adds to legal challenges that threaten to overshadow the company’s turnaround.
General Motors Co. chose not to use a more robust ignition-switch part in Chevrolet Cobalts and other small cars while they were being designed, a decision that may have led to deaths, safety advocates said.
Bobby Cerchione’s motivation for spending $95,000 four years ago on his second Dodge Viper was simple. He was worried about how much longer the car and company that built it, Chrysler LLC, might be around.