Tesla Motors Inc News
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Elon Musk was fresh off the sale of PayPal and starting another business, commercial rocket service Space Exploration Technologies Corp., when he met kindred spirit JB Straubel. Their shared belief that consumer electronics advances could be applied to more earthly modes of transport is a cornerstone of Tesla Motors Inc.
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Tesla Motors Inc.’s first quarterly profit, led by a surge in deliveries of the electric-car maker’s Model S, got an added bump from sales of California and U.S. environmental credits that generated 15 percent of revenue.
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The world’s 200 richest people added $17.5 billion to their aggregate wealth this week as U.S. jobless claims fell to a five-year low, bolstering optimism in the economy.
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Tesla Motors Inc., the maker of electric cars run by billionaire Elon Musk, rose 11 percent after an analyst said that investors who’d expected the stock to decline had to buy it.
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Tesla Motors Inc., the maker of electric cars run by billionaire Elon Musk, surged 24 percent after posting a first profit, beating estimates and earning a top evaluation for its Model S sedan from Consumer Reports.
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Tesla Motors Inc.’s electric Model S, Motor Trend’s 2013 “Car of the Year,” received the highest rating from Consumer Reports in an evaluation of the luxury sedan that led first-quarter North American plug-in car sales.
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The shutdown of a wheelchair-van maker financed by U.S. taxpayers is adding to congressional criticism of clean-energy lending by President Barack Obama’s administration that’s been a target since the 2011 bankruptcy of solar-panel maker Solyndra LLC.
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Elon Musk, the California billionaire who leads Tesla Motors Inc., said the electric-car maker is considering adding driverless technology to its vehicles and discussing the prospects for such systems with Google Inc.
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Tesla Motors Inc., the maker of electric cars led by billionaire Elon Musk, is adjusting a lease-style financing plan for its Model S sedan to address criticisms made when it was unveiled last month.
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Cardiovascular Systems Inc., a medical-device maker that a news report said is part of a probe of corporate insider investment vehicles, said it got requests for information from the U.S. government and is complying.
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