TRAGEDY : Tesla Motors might be going belly up

[TheCoxwain]

http://www.mercurynews.com/cars/ci_10727401

Tesla Motors announces layoffs; Musk to assume CEO post

"These are extraordinary times,'' Musk wrote. "The global financial system has gone through the worst crisis since the Great Depression, and the effects are only beginning to wind their way through every facet of the economy. It's not an understatement to say that nearly every business will be impacted by what has unfolded in the past weeks, and this is true for Silicon Valley as well.''


______________________


I was hoping this car would really catch on

[groovedaddy]

1. What's this doing in GD:P??? n.t

[TheCoxwain]

3. I thought I was in GD ... Moderator .. could you move this thread?

[Phred42]

2. The Oil Companies get them - or Detroit?

[Historic NY]

4. Blaming credit crunch...its got to be more than that.

[TheCoxwain]

5. You think some one killed the electric car again?

[yourguide]

6. They are beautiful cars but waaaaaaaaaaaay too expensive.

They are for the high end luxury class.

[ramapo]

8. Cheaper gas too

I bet the Prius waiting lists are shrinking fast

[ladjf]

7. I'm afraid that they are the victims of a "Perfect Storm" of poor

economic conditions. nt

[uponit7771]

9. Yeap, their financials were solid...they are being bought by big oil and the Bush DOT is doin a job

...on them too