Four years ago, when Barack Obama delivered an inaugural address in the middle of the country’s worst recession in seven decades, more than 1 million supporters braved frigid weather to hear his first words as president.
It looks like a scene from a classic Western: A taciturn gunslinger drifts into town and gets into a bar fight. He’s arrested by the sheriff and is about to be taken away when a cattle baron shows up, accuses him of theft and threatens to take the law into his own hands.
Tesla Motors Inc., the electric-car maker run by entrepreneur Elon Musk, unveiled a battery-powered sport-utility vehicle with “gull-wing” doors that will go on sale next year after the Model S sedan’s debut.
Elon Musk, chief executive officer of Space Exploration Technologies Corp., wants the private rocket-launch business to have an initial public offering in 2013, the entrepreneur’s third such sale in about three years.