Founded in 2003 and headquartered in Palo Alto, CA., Tesla Motors, Inc. (NASDAQ : TSLA) designs, manufactures, and sells high-performance electric cars : the Model S sedan and the Model X sport utility vehicle (SUV). In addition to developing its own vehicles, Tesla Motors sells stationary energy storage products in the United States, China, Norway, and internationally. The sales are done through a network of Tesla stores and galleries, as well as through Internet.
Tesla has gone public as of June 29, 2010 and has a current market cap of $32 billion.
Despite the somewhat encouraging numbers, Tesla (TSLA) investors have punished the stock. TSLA is currently down more than 14% year-over-year, compared with
For over three years now, Tesla Motors ( TSLA ) stock has been on a steady climb. Though it has hit some significant lows, the overall trend has been a rise
It goes without saying, that the report will have large implications not only for Tesla as a company, but also for other automakers, who either have similar
The short interest in Yahoo! Inc. (YHOO) stock for the period that ended June 30 was 35.4 million shares, a decline of 2 percent from the June 15 settlement to date