Rarely do potential industry changers come along like Tesla Motors, with a stock gain of 1,459% at its Feb. 26 high and a story that is playing out on a Howard Hughesian scale. “You only build value in a company if you’re doing hard work to solve tough problems,” Tesla (TSLA) CEO Elon Musk told IBD in 2012. The luxury electric-car maker pulls in as the most recent innovator on IBD’s 30th anniversary list of 30 transformative companies and
Information technology professionals these days talk more about clouds than do meteorologists. But in the IT world, clouds refer to cloud computing, where resources are accessed over the Internet and paid for as a service. The Internet cloud is turning enterprise computing on its head, letting new players rise up and forcing incumbent tech companies to adapt. That makes it a pretty good bet to end up as one of the key technologies of the next 30
Apple is the poster child for successful corporate turnarounds. The famed computer maker was nearly bankrupt when co-founder Steve Jobs returned in 1997 and reshaped the company. Known for its easy-to-use personal computers, Apple expanded into other elegantly designed, groundbreaking consumer-electronics products and services that delighted fans worldwide, sparking huge product categories such as smartphones and tablets. Many observers point to