consumer reports

Tesla: 1st Profit in Years, Thanks to California Climate Credits

Tesla Motors Inc. reported this week that revenue nearly doubled in the latest quarter. The all-electric car company reported its first quarterly profit in over three years, thanks to cashing in $139 million of California tax credits.

Elon Musk (Haiko Jumne / AFP / Getty)

Tesla’s Sexy Model 3 Rolls on March 31

Tesla Motors will host a gala introduction of its sexy and mass-market affordable $35,000 Model 3 at its Hawthorne Design Center on the evening of March 31.

Tesla lady (Kevork Djansezian / Getty)

Tesla Crashes in Consumer Reports–and at DMV

Tesla stock plunged -10 percent on Tuesday in a double whammy of bad news as Consumer Reports pulled its “best car ever” designation, and the California Department of Motor Vehicles (DMV) said the company is illegally “bird dogging” to hype sales.

Tesla being towed to dealer.