Tesla reaches milestone with first $1B quarterly profit

The financial milestone announced Monday extended a two-year run of prosperity that has erased questions about Tesla’s long-term viability raised during its early years of losses and production problems.

California DMV places Tesla’s ‘Full Self-Driving’ under review

California’s DMV is reviewing whether Tesla is violating a state regulation by advertising its vehicles as being fully autonomous without meeting the legal definition of self-driving. The probe comes amid several high-profile crashes nationwide — including a fatal wreck in California — involving Autopilot in recent weeks.