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Elon Musk (Scott Olson / Getty)

Tesla Posts Loss, Devours Cash — But Promises Model 3 Soon

Tesla stock plunged in after-hours trading Wednesday as the all-electric car maker dropped by over 5 percent following revelations that it spent $622.4 million in the last 90 days in an all-out effort to launch its Model 3 sedan.

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STUDY: Obama’s Dismal Economic Recovery Draws Mexican Nationals Back Home

A drawn out Great Recession in the U.S. over the course of Barack Obama’s Presidency is prompting businesses to outsource operations to Mexico and contributes more to Mexicans leaving America than arriving, according to a new Pew Research study. If Pew estimates are accurate,