Tesla’s board caved to the company co-founder’s demand, according to people familiar with the board’s decision. Two days later, the company and Mr. Musk settled with regulators.
A test drive shows the allure of the company’s mass-market electric car and limitations of its Autopilot system.
The manufacturers complain that they will soon be at a disadvantage — once they hit a sales mark that leaves their buyers without the benefit of a tax credit.
The political tide might seem unfavorable for electric cars and solar panels, but the new president may see them as part of a job-producing future.
Tesla Motors gets raves for its Model S, and Wall Street loves the company’s soaring stock. But it remains to be seen whether Tesla can meet its ambitious growth targets, which will mean actually selling the cars.