Layoffs, CEO Change And More Delays @ Tesla

by Jason Wilk on October 19, 2008

  • Electric car “maker” Tesla has announced chairman and investor Elon Musk has taken over as CEO.
  • The move comes as they begin to roll out modest layoffs and try to turn the company profitable in the next 6-9 months.
  • Musk is confident in their powertrain sales to other manufacturers which will turn the company profitable. As for their electric car, well who knows when it will actually be available for a consumer purchase.
  • Tesla says their Model S (their first widely available car) will be delayed anywhere from six months or until mid-2011
  • It just seems like this project has taken way too long now for everything to seem legitimate. I’m waiting for the blog post that says they are going to to make Teslas into hybrids or they wont be available indefinitely. This all sounds far too reminiscent of the film Who Killed The Electric Car

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