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Report: Tesla will begin selling used cars online

Jonathan MarinoMay 1, 2015, 23:37 IST

Tesla is reportedly looking to get into the used-car business.

The Wall St. Journal is reporting that Elon Musk's electric car company will begin selling used automobiles via its website.

"Like other luxury car makers, Tesla offers an extended, 4-year or 50,000-mile limited warranty on its used vehicles," the Journal reported.

It has been a big week for Tesla, about 14 hours prior to that news breaking, Musk announced Tesla Energy.

That will have the company producing a home battery, called Powerwall, which stores solar energy and lets customers save grid electricity to use during peak usage hours.

BusinessInsider will have more on this breaking story as the day continues; sources can contact us at jmarino@businessinsider.com with more.

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