Tesla Laying Off Employees and Delaying All-Electric Sedan

Electric car start-up in Silicon Valley said Wednesday that it would lay off employees and delay production of its second car, the Model S, until 2011.

1 minute read

October 18, 2008, 9:00 AM PDT

By rbregoff

"Tesla, the poster child for the Valley's push into "clean technology," has had a particularly difficult year, with previous layoffs, executive turnover and production delays for its first car, a $109,000 all-electric roadster, as well as the Model S sedan."

"The Model S, which is intended to travel 200 miles on a single charge of its lithium-ion battery pack, is expected to sell for around $60,000. It's introduction will now be delayed from 2010 to mid-2011, six months after General Motors is expected to offer its electric Chevrolet Volt.

In September, Tesla announced that it would lease 89 acres in San Jose to build a headquarters and factory."

Thanks to rob bregoff

FULL STORY: Tesla Says It Will Lay Off Employees and Delay Its All-Electric Sedan Until 2011

Thursday, October 16, 2008 in The New York Times

Environment Technology Transportation California Google Automobile Industry Silicon Valley Electric Cars View More

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching. Mary G., Urban Planner

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching.

Mary G., Urban Planner

Get top-rated, practical training

Start Learning

Advertise with us

Urban Design for Planners 1: Software Tools

This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.