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AutoNation CEO: Tesla Might be 'One of the Great Ponzi Schemes of All Time'

The head of the U.S.'s largest car-dealership chain called Tesla Inc.'s market value "inexplicable," a day after investors pushed the Silicon Valley auto maker ahead of General Motors Co.  Tesla "is either one of the great Ponzi schemes of all time" or will eventually work out for investors, said AutoNation Inc. Chief Executive Mike Jackson during an interview at a New York automotive event held by J.D. Power and the National Automobile Dealers Association on Tuesday.

AutoNation CEO: Tesla Might be 'One of the Great Ponzi Schemes of All Time'

The head of the U.S.'s largest car-dealership chain called Tesla Inc.'s market value "inexplicable," a day after investors pushed the Silicon Valley auto maker ahead of General Motors Co.  Tesla "is either one of the great Ponzi schemes of all time" or will eventually work out for investors, said AutoNation Inc. Chief Executive Mike Jackson during an interview at a New York automotive event held by J.D. Power and the National Automobile Dealers Association on Tuesday.

Nissan Unleashes ‘Copzilla,’ a Cop Car With Race Car Speeds

The Fox Business Network’s Jeff Flock got a first look at Nissan’s tricked out GT-R, designed to help police departments catch the bad guys, and even had the opportunity to take it for a test drive. Officially called the Police Pursuit #23, the car is also known by its nickname, Copzilla.

Nissan Unleashes ‘Copzilla,’ a Cop Car With Race Car Speeds

The Fox Business Network’s Jeff Flock got a first look at Nissan’s tricked out GT-R, designed to help police departments catch the bad guys, and even had the opportunity to take it for a test drive. Officially called the Police Pursuit #23, the car is also known by its nickname, Copzilla.