Energy and Global Warming News for June 30: Tesla shares soar on first day of trading; GE buys into Idaho wind farm; Raser, Hyundai to develop electric trucks

Tesla shares soar 40% on first day of trading

On their first trading day, shares of Tesla Motor Co.  rocketed $6.89, or 40.5%, to $23.89. The gain was all the more impressive because it came as the overall stock market plummeted

The Dow Jones industrial average slumped 268.22 points, or 2.7%, to 9,870.30.

Most analysts said the electric car company's strong debut was to be expected, though many also cautioned that Palo Alto-based Tesla has a long way to go before becoming profitable and stable...