(Hope this isn't a repost, as I got logged off and no response when I logged back in for two times, so I had to retype this thing!)
Jalopnik: Tesla WhiteStar RIP?
The post says that it had some insider information about Tesla cutting ties with WhiteStar contractors. I have a feeling it might just be referring to the recent firings instead, because if I remember correctly some of the people working of the WhiteStar were fired. Keeping in mind this is just a rumor, if it is referring to actual contractors and it's true, then that is quite worrying news for the WhiteStar.
"a regular Jalopnik commenter with deep Metro Detroit engineering ties is telling us that the company is laying off contractors and carving "WhiteStar" on a gravestone. Things also look grim for their Rochester Hills Technical Center."
Link:Industry News: Tesla WhiteStar RIP?
Jalopnik: Tesla's Elon Musk Pledges to "Eat His Hat"
Talks about a section in the Jan/Feb issue of the Stanford alumni magazine, and skepticism if Tesla will be profitable.
Here's the section they quoted:
"[Tesla's] brash ambitions make some industry observers scoff. "I wouldn't call it Tesla Motors yet. I would call it the Tesla prototype company," says James Hall, vice president of industry consulting firm AutoPacific, in Southfield, Mich. "My concern is that there are people in charge who don't have a realistic view of the car industry."
Hall estimates Tesla will need 30 to 40 years to turn a profit and $700 million immediately to successfully develop and mass produce a lower-priced model. Traditional automakers typically spend between $500 million and $1 billion to put out a new car--and that's without building a company from scratch first.
Musk calls Hall's thinking generic and con­ventional. "I will eat my hat if we spend anything close to $700 million on our model-2 car," he says."
Link: Industry News: Tesla's Elon Musk Pledges to "Eat His Hat"
Sidenote:
Comments on the WhiteStar post referred to an article at CNET about the recent firings. So I thought it warranted a post. It's from Jan 11 though.
Tesla denies layoffs, but fires 10 percent of staff
Link:Tesla denies layoffs, but fires 10 percent of staff | Green Tech blog - CNET News.com
Jalopnik: Tesla WhiteStar RIP?
The post says that it had some insider information about Tesla cutting ties with WhiteStar contractors. I have a feeling it might just be referring to the recent firings instead, because if I remember correctly some of the people working of the WhiteStar were fired. Keeping in mind this is just a rumor, if it is referring to actual contractors and it's true, then that is quite worrying news for the WhiteStar.
"a regular Jalopnik commenter with deep Metro Detroit engineering ties is telling us that the company is laying off contractors and carving "WhiteStar" on a gravestone. Things also look grim for their Rochester Hills Technical Center."
Link:Industry News: Tesla WhiteStar RIP?
Jalopnik: Tesla's Elon Musk Pledges to "Eat His Hat"
Talks about a section in the Jan/Feb issue of the Stanford alumni magazine, and skepticism if Tesla will be profitable.
Here's the section they quoted:
"[Tesla's] brash ambitions make some industry observers scoff. "I wouldn't call it Tesla Motors yet. I would call it the Tesla prototype company," says James Hall, vice president of industry consulting firm AutoPacific, in Southfield, Mich. "My concern is that there are people in charge who don't have a realistic view of the car industry."
Hall estimates Tesla will need 30 to 40 years to turn a profit and $700 million immediately to successfully develop and mass produce a lower-priced model. Traditional automakers typically spend between $500 million and $1 billion to put out a new car--and that's without building a company from scratch first.
Musk calls Hall's thinking generic and con­ventional. "I will eat my hat if we spend anything close to $700 million on our model-2 car," he says."
Link: Industry News: Tesla's Elon Musk Pledges to "Eat His Hat"
Sidenote:
Comments on the WhiteStar post referred to an article at CNET about the recent firings. So I thought it warranted a post. It's from Jan 11 though.
Tesla denies layoffs, but fires 10 percent of staff
Link:Tesla denies layoffs, but fires 10 percent of staff | Green Tech blog - CNET News.com
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