
In Wall Street’s retelling of the biblical Book of Samuel, General Motors Co. is Goliath and electric car maker Tesla Motors Inc. is David, the would-be giant slayer.

In Wall Street’s retelling of the biblical Book of Samuel, General Motors Co. is Goliath and electric car maker Tesla Motors Inc. is David, the would-be giant slayer.

Tesla Motors Inc. said a fire in one of its vehicles on Tuesday was caused by a crash.

A U.S. alternative-vehicle loan program criticized by Republican lawmakers for financing two failed start-ups will resume marketing to industry groups and possible applicants, an Energy Department spokeswoman said.

Tesla Motors Inc. CEO Elon Musk said the U.S. electric-car maker intends to add factories in Europe and Asia, anticipating volume gains from a planned mass-market battery car.
Tesla Motors Inc. is likely to remain in focus on Monday after surging 41% this week, its best weekly performance since it went public in 2010.
The electric-car maker reported its first quarterly profit ever on Wednesday, helping the stock soar to record levels.