Car News: Tesla Motors Inc (TSLA) Model S On Top, New General Motors Company (GM) MPV Enjoy, and Ford Motor Company (F) Focus ST

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…the resulting light surpasses the maximum limit allowed by the law. The excessive light can temporarily blind drivers of oncoming vehicles and thus seriously increase the risk of an accident.

Tesla (TSLA) Earnings Triples Expectations, Stock Rockets (Cabot Wealth Advisory)
Tesla Motors Inc (NASDAQ:TSLA) delivered its first-ever quarterly profit late Wednesday reporting EPS minus items of 12 cents, triple Wall Street’s expectations, and raising some guidance metrics, Investor’s Business Daily reported. The stock roared 25% in after-hours trading, following the Q1 report. Its shares already were up 65% in 2013. The company said its Q1 gross margin soared to 17% from just 8% in Q4. Tesla expects to exceed its prior target of delivering 20,000 vehicles this year by about 1,000, Musk said in the letter. That was a key point analysts were watching, along with Tesla Motors Inc (NASDAQ:TSLA)’s gross profit margin guidance.

General Motors signs Climate Declaration (Bizcommunity.com)
General Motors Company (NYSE:GM) is the first automaker among 40 major US companies to sign a “Climate Declaration”, collectively asserting that responding to climate change is good business. The campaign is organised by sustainable business advocacy group Ceres and its Business for Innovative Climate & Energy Policy, or BICEP, coalition. GM’s participation was recently announced at the Ceres Conference in San Francisco. Signers of the declaration are calling for policymakers to address climate change by promoting clean energy, boosting efficiency and limiting carbon emissions – strategies General Motors Company (NYSE:GM) employs within its operations as it seeks to reduce the environmental impact of manufacturing.

Mulally reiterates to Ford shareholders his plan to lead company through 2014 (Automotive News)
Ford Motor Company (NYSE:F) CEO Alan Mulally reiterated the company’s plan that he continue leading the automaker through at least 2014. “We’ve said at least through 2014, but I always listen to my chairman,” Mulally, 67, said today after the company’s annual meeting here. Ford Motor Company (NYSE:F) said 69 people attended the meeting. Executive Chairman Bill Ford joked with reporters: “I thought it was 2020? Or wasn’t it 2025? He’s got a long run.”

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