Saturday, November 29, 2008

Tesla Motors - Its's not just the economy, stupid! - Tom's Blog

Tesla Motors - Its's not just the economy, stupid! - Tom's Blog: "* Work to be cash-flow positive within six to nine months.
* Ramp up the delivery rate for pre-sold Roadsters.
* Build revenue from powertrain sales to other car companies.
* Musk will replace Ze'ev Drori as CEO.
* Drori will remain as vice-chairman of the board.
* Scale back Model S work until their assembly site passes the environmental review.
* Delay the production target for the Model S by six months.
* Finance Model S production primarily with a low-interest DOE loan.
* Implement a modest reduction in near-term headcount.
* Survive the economic turmoil on Musk's dime for as long as it takes."

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