Tesla Posts Net Profit for Fifth Straight Quarter

DETROIT — Tesla charged through a summertime auto industry sales slump in the U.S. to post stronger-than-expected net earnings for the third quarter. The electric car and solar panel maker said Wednesday that it made $331 million, or 27 cents per share, for...

Tesla Sales Surge as Global Demand Picks Up Speed

Tesla's third-quarter sales jumped 44% as global demand for its electric vehicles outpaced that of most other automakers. The company reported Friday that it had delivered 139,000 SUVs and sedans from July t...
File Photo of Tesla rear deck

Tesla Announces Plans To Sell up To $5B in New Stock Shares

DETROIT — A day after its 5-for-1 stock split took effect, Tesla announced plans Tuesday to sell up to $5 billion worth of common shares. The electric car and solar panel maker said in a filing with securities regulators that it intends to sell up to 10.03 ...