Tesla Motors Shaken Up, Laying Off

tjstork writes "Tesla Motors, the darling of technorati for its high performance electric car, may be about to go belly up. Venture capital is cut off, layoffs are under way, and construction plans are being stretched out. Elon Musk has ousted the CEO and taken the reins, blaming the global credit crunch."

Comments

Re:Credit crunch my butt

[d3ac0n]

I would repeat to you my question from my original post:

DID YOU PRE-ORDER ONE?

yes, or no?

If yes, then I will accept your somewhat heated rebuttal as coming from someone who has put their money where their mouth is. I would still disagree with you (Particularly on the point about the Big 3 automakers. They have been struggling under the weight of Unions and absurd Union pension plans for years, they are ripe for collapse.) But I would have respect for your opinion.

If not, then seriously, shut up. You can spout all the fancy performance numbers all you want, but it doesn't change the fact that the Tesla Roadster is an EXPENSIVE TOY for rich people. That is a major part of my point, although you attempt to flippantly write it off.

In order for EV's to really succeed, they MUST match or beat ALL the qualities of gas cars and trucks, INCLUDING the variable price points. In other words, a 25K EV sedan must have competitive performance, durability, flexibility, quality and appointment to a 25K gas sedan. This goes the same with all other types of vehicles. It has to be an apples-apples comparison. Otherwise it's a step DOWN for people to get into them. Most of the market isn't going to do that. Period.

As I said to another poster; I LIKE EV's. I WANT them to succeed. However I just don't think the tech is mature enough. I sincerely hope that it will become so within my lifetime, but for now the tech is JUST TOO NEW. it's not ready yet, and neither is the market. it's getting there though. Perhaps in another 10-20 years, maybe less , what with all the investment into the tech. But not now. Tesla's failure is evidence of an immature technology and an immature market.

It sucks, but it's the truth.