tesla

5 Winners and Losers of the Week in Business

It's been an interesting week in the world of business, from BlackBerry losing another major client, to travel troubles on land and sea that will cost Tesla and Carnival some serious goodwill. Here's a rundown of this week's biggest wins and loses.

BP's Prediction: Your Old Car Is Almost Obsolete

When a major oil company predicts that the era of gas-powered cars is coming to an end soon, the rest of us might want pay attention. According to BP, you've got maybe 18 years left before your car is obsolete -- and probably a lot less than that.

3 Reasons Why You're Not Buying an Electric Car

The electric car has arrived, but odds are that there isn't one in your driveway. Several factors have gotten in the way of the eco-friendly automotive revolution, but at least now we can ask conspiracy theorists -- who argue that oil companies and the government are blocking plug-in cars from the road -- to leave the room and take their tinfoil hats with them. The electric car is here; drivers simply don't want them yet.

Hating These Stocks Can Be Hazardous to Your Wealth

If you think a stock will fall, you can still profit on it -- by shorting it: Just sell shares you've "borrowed," then buy them later, ideally at a lower price. But it can be risky. Here are 5 companies you might be tempted to bet that way against -- and shouldn't.

Will You Buy an Electric Car? Tesla Hopes So

Upstart automaker Tesla Motors confirmed this week that its groundbreaking Model S, an all-electric luxury-sports sedan, was on track to enter production by this summer. It already has pre-orders for more than 8,000. Is the moment coming soon when electric cars go mainstream?