Tesla Motors Earns First Quarterly Profit Ever

Tesla Motors has been operating for about 10 years without turning a profit, out of the sheer determination from its founder Elon Musk. But finally, Tesla has earned its first quarterly profit ever, and going forward the outlook for Tesla looks bright.

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Nissan: We’ll Sell 1.5 Million Zero-Emission Vehicles By 2016

Is it fair to say at this point that Nissan is all-in on electric vehicles? It seems more and more like the Japanese automaker is banking heavily on EV’s, and yesterday Nissan announced that by 2016 it plans to sell 1.5 million zero-emissions hybrids and electric vehicles by 2016 with its French partner, Renault.

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