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All-electric automaker Tesla Motors posts first profit

Tesla Model S screenshot

Tesla Motors said Wednesday it posted its first-ever quarterly profit as the electric carmaker beat its own forecasts and surprised market analysts. The California-based firm said it earned a profit of $11 million in the first quarter as revenues rose 83 percent from the prior quarter to $562 million. “Tesla…

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Tesla promises free solar-powered travel with new ‘Supercharger’ tech

Tesla Motors' "Supercharger." Photo: Screenshot via UStream.

Electric car manufacturer Tesla Motors announced Monday that it will roll out a network of solar-powered charging stations across the United States over the next two years, enabling owners of the company’s all-electric “Model S” vehicles to “travel for free, forever, on pure sunlight.” Appearing at an unveiling event Monday…

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