It's Electric! Tesla Motors Shifts Into Profitability
A business can’t have a much better week than Tesla Motors'. The electric car maker posted its first-ever quarterly profit and received Consumer Reports’ best-ever score.
A business can’t have a much better week than Tesla Motors'. The electric car maker posted its first-ever quarterly profit and received Consumer Reports’ best-ever score.
"Iron Man 3" flew into theaters this week, but there's been a real-world Tony Stark toiling among us all along: Elon Musk. Here are a few of the uncanny resemblances.
2012 was the second most extreme weather year in U.S. history, and the corporate world is at last starting to realize that climate change could cost it a fortune.
Nobody can predict all the news that will move the markets in a given week, but here are a few things we do know will help shape the week ahead on Wall Street.
The SpaceX Dragon capsule returns to Earth with a full load from the International Space Station, splashing down in the Pacific five hours after leaving the orbiting lab.
It's been an interesting week in the world of business, from a smartphone pioneer losing another major client, to travel troubles on land and sea that have cost two companies some serious goodwill. Here's a rundown of this week's biggest wins and losses.
Forget transforming your living room: There are a dozen or so automakers at this year's Consumer Electronics Show in Las Vegas proposing new technologies to transform your car, from Bluetooth health-monitoring to self-driving vehicles.
Private spaceflight is in business: In a big success for SpaceX, its Dragon capsule arrived at the International Space Station on Friday, making the first commercial delivery into the cosmos.
On Saturday, Elon Musk's SpaceX will make the first ever attempt by a private company to launch a spaceship and dock it with the International Space Station. Are we looking at the more affordable future of space flight?
This month, 12 more billionaire families committed to donate at least half of their wealth to charity by taking the Giving Pledge. Here are introductions to some of the new signatories and their pet philanthropic projects.
On Sept. 29, 2011, the first module of a new space station blasted into orbit, initiating an era of space exploration different in one key respect: We didn't launch this station; China did. And while China's ascendance to space superpower confirms changes in the global economy, you shouldn't count the U.S. out of space just yet.
Tesla Motors, which went public with much fanfare last June, nearly tripled its losses for 2010 as it invested heavily to engineer and get ready for producing the Model S, its second offering and the first that targets a broader consumer market.
Tesla Motors' stock surged as much as 12% to $19 in its trading debut Tuesday, a day after the IPO priced at $17 a share. The luxury electric car manufacturer is the first U.S. automaker to go public in more than 50 years.
IPOs have been pretty tame so far this year, but here comes a much-buzzed-about offering from Tesla, featuring supersexy electric vehicles, like the Model S, and Elon Musk -- a CEO who's so far making far more headlines than cars.














