TESLA EXPECTS PROFIT AS CAR DELIVERIES PICK UP#

TESLA MOTORS INC. the Silicon Valley Auto Maker said it would report a first-quarter profit, sending the luxary electric-maker's shares surging 16% on Monday. The Palo Alto, California maker of $70,000 vehicles lifted its forecast for the quarter after delivering more Model S electric vehicles. Tesla has a backlog of 15,000 orders and books revenue for the vehicles as soon as they are shipped to customers. In 4 p. m. NASDAQ Stock Market trading reported TESLA finished up $6.04 at $43.93. It is reported that TESLA vehicles are being seen more and more throughout the San Francisco Bay area streets and highways. TESLA's business model unlike FORD, GENERAL MOTORS, and CHRYSLER place a store in a Mall with very little if any inventory. The TESLA customer basically builds his car from scratch in the store and the vehicle is shipped out after built. TESLA MOTORS operate state of the art stores however, old school car dealerships have tried to slow them down in their expansion citing out of date State Motor Vehicle Codes requiring dealerships to have a minimum of several thousand square foot of space for inventory storage. The older dealerships of yesterday do not seem to get the message that the days of carrying a million dollar inventory and paying interest on vehicles that are not selling is coming to an end.

CARS.COM PICKS BEST CAR DEALS

Latest News Cars.com Picks Best Deals The editors at Cars.com released their list of the top 10 used cars that they recommend for shoppers who are looking to spend around $10,000. With a used car market that is sparser than it used to be, car shoppers have fewer options to choose from and higher prices to pay, but the Cars.com experts compiled a list of 10 used cars that will help shoppers get the best bang for their buck around the $10,000 price point. The winners are: 2006 Ford Escape: Ford's first generation crossover had trucklike styling but car-based underpinnings, and the driving experience combined handling and ride comfort in a way that few car-based crossovers of the Escape's era could match. 2008 Ford Focus: The Focus comes with safety features like side curtain airbags and also Bluetooth and USB/iPod integration, both of which were ahead of the curve for 2008. The car's sharp handling distinguished it from many rivals, and it is offered in three body styles, providing an option for everyone. 2007 Ford Freestyle: This budget-friendly family hauler comes with spacious seating for seven passengers and impressive cargo storage. 2007 Ford Fusion: A responsive V-6 engine option and decent handling chops distinguished Ford's midsize family car. So did trunk room, which remains spacious even by today's family-car standards. 2006 Honda Civic: The beloved eighth-generation Civic's interior quality, fuel efficiency and overall drivability impressed so much that they still hold up today. 2006 Hyundai Azera: A full-size sedan with upscale features, a big engine and big backseats, the Azera packed a comfortable ride. 2007 Hyundai Sonata: A family sedan with roominess, safety features and value in spades. Years later, a used example should still suit any shopper well. Find one with the optional 3.3-liter V-6 for muscular passing power. 2008 Kia Optima: A cousin to the Hyundai Sonata, the Optima had more available luxury features, but less styling and a smaller engine. However, a roomy backseat and decent standard safety features round out a car whose successor won Cars.com's Best of 2011 award. 2008 Nissan Versa: Nissan's unexpectedly roomy Versa slips into tight city parking spots like any proper subcompact should. A responsive transmission combined with a larger four-cylinder engine than most competitors' provides impressive power. 2007 Scion tC: Strengths included rich cabin materials and a responsive four-cylinder engine; look for the available five-speed manual for more fun.