Orders and annual revenue up for Palo Alto-based Tesla
Tesla (NASDAQ: TSLA) plans to release its new Model S sedan later this year, and if its quarterly returns are any indication, investors are excited about the debut.
Tesla (NASDAQ: TSLA) plans to release its new Model S sedan later this year, and if its quarterly returns are any indication, investors are excited about the debut.
Electric cars require heavy duty batteries that will need to be replaced in a car’s lifespan, but with battery recycling programs, electric vehicles are still a greener choice than gas-fueled ones.
Palo Alto based electric car manufacturer, Tesla Motors posted better than expected earnings bolstered by greater revenues and increasing activity in their powertrain business with Toyota and Daimler AG.