Tesla forecasts 2009 profit, despite recent hard knocks

Tesla forecasts 2009 profit, despite recent hard knocks

Electric vehicle maker Tesla Motors announced it will hit profitability by the second half of 2009. The statement was made in a recent company newsletter. Boosted by the $40 million in capital it raised from existing investors in December, the San Carlos, Calif.-based company said… Continue Reading

Roundup: Farber takes over at CNET, Mozilla’s new email subsidiary, Scribd iPaper, and more

Roundup: Farber takes over at CNET, Mozilla’s new email subsidiary, Scribd iPaper, and more

Here’s the latest action:
1) Dan Farber takes the helm at CNET
2) Mozilla launches email-focused subsidiary
3) Scribd creates iPaper, an Acrobat competitor
4) Hewlett-Packard has great first quarter
5) Tesla Motors pulls in another $40M
6) Verizon, AT&T unveil new unlimited wireless plans
7) Oligarchs, proletariat run amok in Silicon… Continue Reading