As of yesterday, no American car company had gone public since Henry Ford put his family business on the on the U.S. stock exchange back in 1956. Today, Tesla Motors (TSLA) — in an IPO — sold over 13.3 million shares of stock on the NASDAQ exchange totaling $226.1 million. The all-electric car maker’s mission is simply to “sell high performance, super efficient electric cars.” Tesla uses some pretty impressive technology to manage, store and harness the electric charge stored in...

If you thought breaking up over a text message was in bad taste, try empathizing with the Tesla employees who were just laid off… via a blog post! That’s right, 90% of the Tesla team in Metro Detroit were let go, but someone assigned to break the news didn’t have the guts to tell them. Instead, the employees found out through their own site that they were finished. What’s to become of the remaining 10%? Those who aren’t notified of their termination today (via a bulletin board at...