Monday, May 13, 2013

Tesla shares sizzle, but is it a tech stock? - USA Today

Then there's Tesla. In 2008, when the Tesla Roadster came out, I watched it with mixed feelings: some in my neighbourhood ended up on flatbeds, but I smiled as I saw Roadsters smoothly (and silently) outrun a Porsche when the traffic light turned green.

Former Republican presidential candidate Mitt Romney lumped Tesla in with other green energy "losers" like Solyndra. Just last month Sarah Palin used that label for Tesla, too, when she took to Facebook (FB) to criticize the Obama administration for

Already have a portfolio? Log In. By Sue Chang and Saumya Vaishampayan, MarketWatch. SAN FRANCISCO (MarketWatch) — Tesla Motors Inc. remained in high gear on Monday, continuing its extraordinary rally on the back of its first quarterly profit.

Selling Teslas to wealthy people today may be the best way to get electric cars to everyone tomorrow.

In fact, in the first quarter of this year, more people bought a Tesla Model S than bought any of the similarly priced gasoline-powered cars from the top three German luxury brands, according to data from LMC Automotive. About 4,750 buyers bought a

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Tesla shares sizzle, but is it a tech stock? - USA Today

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