The Challenging Ride of Tesla Motors
November 19th, 2008 |
Posted by admin
Tesla Motors has been developing high-performance electric cars for sale. It has already attracted the attention of heavy weights like PayPal co-founder Elon Musk, who is its main backer, and Google co-founders Larry Page and Sergey Brin. Tesla Motors has raised $186 million until now.
It has produced the Tesla Roadster, which is a plug in electric car with a range of 356 kilometers. It can accelerate from 0 to 100 km/h within four seconds. What’s more, it costs just three cents per mile and has a top speed of 201km/h. The first 100 models that came out of the factories sold out within 3 weeks. There are hundreds more in the waiting list.
All of the above make it seem quite rosy. But Tesla Motors has had to face tough times. Earlier this year Fisker Automative was on the firing line of Tesla Motors. Fisker had been earlier appointed by Tesla Motors for designing its saloon model. Tesla Motors alleged that Fisker Automative had stolen confidential information including design ideas. However an arbitrator ruled against Tesla Motors. Following this incident, one of its suppliers filed a lawsuit against Tesla Motors alleging that they did not pay. Recently it was rumored that Tesla Motors would not be able to deliver cars for which it had already accepted deposits. The company has also had to layoff employees working in its assembly operations at UK. But the company is moving ahead bravely and is expected to produce great stuff in the long run.
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