Tesla briefly tops GM as America’s most valuable automaker, amazing analysts

For a time on Monday, Tesla edged out GM in market capitalization to become the most valuable U.S. automaker, even though Tesla is on track to lose almost a billion dollars this year while GM is expected to make a $9 billion profit. The share prices for both car companies dipped today, putting GM ever … Continue reading Tesla briefly tops GM as America’s most valuable automaker, amazing analysts

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Tesla reports record production and deliveries as it closes in on more affordable Model 3

Tesla said it delivered more than 25,000 cars in the first quarter of the year, a record for the company and an increase of 69 percent over this time last year. Of those deliveries, which include only cars with completed paperwork that have been received by buyers, approximately 13,450 were the more than $70,000 Model … Continue reading Tesla reports record production and deliveries as it closes in on more affordable Model 3