Tesla Motors (TSLA +0.21%) is turning skeptics into believers, proving that you can make money selling nothing but electric cars. With its sights set on a 25% gross margin, the profits Tesla could rake in are mind-blowing for the auto industry. The Motley Fool's Erin Miller sat down with Fool.com contributor Travis Hoium to see what impresses him about Tesla right now.
Tesla Moves Into the Passing Lane
By Travis Hoium – May 21, 2013 at 2:02PM
NASDAQ: TSLA
Tesla
Market Cap
$1.5T
Today's Change
(0.21%) $0.99
Current Price
$461.54
Price as of October 29, 2025 at 3:58 PM ET
Maybe you can make money selling electric vehicles?
About the Author
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.