Electric car maker Tesla Motors lost $49.8 million in the first quarter as it accelerated the development of its new crossover.
Dealerships across the country continue to take aim at Tesla Motors over their direct-to-consumer sales. Now Founder Elon Musk is firing back and getting some support from Bay Area, where poll results show support for the company’s model.
Could Apple be branching out into cars? Looking for the next big thing, the merger and acquisitions chief, Adrian Perica, met with Tesla’s CEO Elon Musk last spring, according to sources.