Not sure this is big news for the Model S, but it sure makes me worry about the future designs (Model X, Blue Star, etc.) and the long term viability of the company if this was caused by internal strife. Carmaker Tesla Falls After Executives Leave - Bloomberg Lots of discussion and more links to other articles and quotes from Elon (who says this is not a big deal) at the teslamotorsclub.com site: Tesla Loses Two Model S Executives Before Sedan Makes Debut
“The uncertainty around Model S is now much diminished, as anyone who has seen the beta vehicles and toured the factory will appreciate,” Elon Musk, Tesla’s chief executive officer and biggest shareholder, said yesterday in an e-mailed statement. “There is no question in my mind that we will start delivering vehicles in July, if not sooner.” Heh. I hate Elon.
Biz Break: As iPad 3 production reportedly begins, Apple gets serious about workplace conditions; plus, a bad day for Tesla - San Jose Mercury News Yea - I don't know about the sources different from the one I read, but I'm hoping the 20% stock value loss is just a knee jerk reaction based on similar start up history patterns. I'm hoping this is not a barometer foretelling things to come.
Rats..Sinking ship? I hope I'm wrong but my gut feel from the start has been that Tesla's model S isn't producible in their quantities for their projected price.
When I'm in the SF Bay Area's reality distortion field, the S seems completely viable. But when I leave, it doesn't quite seem to be.
I laugh when people think they're going to make a killing investing in a company that makes a great product (like Tesla, in this case) and then get upset every time some news item causes the stock to drop. I own a few shares of Tesla because I like my Roadster and it's fun to own a piece of the company. I bought a few shares of Toyota for the same reason some years back. My Toyota shares are down 17%. I still like the idea that I own a piece of the company. But I would never invest a significant amount of money in any individual stock issue. The big players understand the markets better than we do, get important news before we do, and have access to means of trading much more quickly than we do. You'd have better luck gambling in Vegas than speculating on the stock market. I'm optimistic about Tesla. But it's still a high risk venture, whether you're counting on long-term growth or hoping to profit by trading on the daily ups and downs.
I am a fan of Peter Rawlinson. I love the way he gets into the EV design and explains it like an engineering porn. [ame=http://www.youtube.com/watch?v=g-E31ExpWEo]Tesla Model S - Technicals - YouTube[/ame]
