Ford passes Tesla in market cap: Wall Street warms to 116-year-old car maker, doubts Musk’s future

Ford's big gains after its first-quarter earnings led the 116-year-old automaker to pass the market capitalization of Elon Musk's struggling electric-car maker, Tesla. The value of Tesla shares has fallen roughly 30% this year. Energy BEST LOAN UPDATE: Fast Funding. … Read more…

Tesla is seeking $167 million in damages from the former employee Elon Musk accused of sabotage

Tesla's legal battle with ex-employee Martin Tripp is turning even more acrimonious. The electric vehicle maker is now seeking $ 167 million in damages from the former process engineer, Nevada case filings reveal.  Tech BEST DEAL UPDATE: Shop the latest … Read more…

Tesla outsold Mercedes-Benz in the US last quarter and might actually turn a profit before 2019

Despite all of the drama surrounding Elon Musk’s tussle with the SEC, and despite Tesla’s early troubles ramping up Model 3 production, the company has slowly but steadily improved production across its entire vehicular lineup. During the recent September quarter, … Read more…