Tesla’s Model S Bet Now Worth $8 Billion
Tesla just announced it made money in the first quarter of 2013 — $11 million on sales of $562 million, a turnaround in profit/loss of $100 million year-over-year — for the first time in its 10-year history. The resulting surge in its stock price, reports Bloomberg, meant that Tesla’s market cap exceeded that of Fiat/Chrysler. Continue reading Tesla’s Model S Bet Now Worth $8 Billion