Following Tesla's announcement to purchase Riviera Tool LLC, investors bought the wrong stock, which had a similar name. Regulators had to step in and stop trading of the tool and die company's shares.
Many automakers have announced electric models with 200 miles or more range will arrive in their showrooms in the next couple years. Are any of these "Tesla beaters", or are they pretenders to the throne. Also, what's taken them so long to get with the battery-powered program?