More Trouble At Tesla?

by Jason Wilk on November 1, 2008

  • Tesla CEO, Elon Musk, confirmed to Reurters yesterday in an interview that the company only has $9 million in the bank (Valleywag)
  • Beyond their venture money, Tesla is allowed to use the down payments (between $5K-60K) put down by the 1,200 customers who pre-ordered the car as long as 2 years ago.
  • Tesla has only delivered 50 cars to date.
  • I think the formula goes like this: New Car Company + Electric + Failing Big Car Corps + Gas Companies + Bribery + Bullying = You don’t have a chance.

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