Tesla Motors Posts 1st Quarterly Profit in its 10-Year History

The electric car maker, Tesla Motors, has made the first profit in its 10-year history as sales of its all-electric Model S sedan surpassed those of GM’s Chevrolet Volt and Nissan’s LEAF. Tesla Motors said it made $15m (GAAP profit: $11 million) in the first three months of the year, thanks to sales of its […]