Tesla Motors Changes

Published over 3 years ago

I'm sorry to learn that Tesla Motors, undoubtedly the most successful all-electric car company of the recent history, is laying off some employees, replacing their CEO, and closing their office near Detroit.

All is not bad though, Elon Musk of PayPal fame, is taking over as CEO. That is reassuring, and they are on track to be profitable in 6 or so months. Even though their product is fairly well insulated from the current economic woes troubling our world, not many people can escape the grasp of a failing stock market and banking system.

Source:

http://bits.blogs.nytimes.com/2008/10/15/tesla-motors-zaps-another-ceo-and-lays-off-staff/