Saturday, October 25, 2008

Tesla Model S Sedan teased by Chief Designer


Elon Musk wants his company to be the Apple of electric cars. Musk is even doing the whole jobs this returning to Tesla as CEO. Recently, while the company runs low on cash and as it starts laying off workers, Musk sat down with BusinessWeek for an interview and teased the electric automakers next project.

Musk, a software entrepreneur who made million with PayPal, had dreams of taking Tesla Motors public next year with $100 million in verbal commitments and federal loan guarantees for producing alternative fuel-source vehicles. But that was all put on hold when Goldman Sachs called up and said that investors were demanding tougher terms. Read All



Other article:
Tesla Roadster Goes Into Production
Tesla Roadster

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