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Tesla deathwatch?

Fox News is reporting that the big three auto manufacturers are not the only ones asking for a bailout. Tesla Motors is seeking a piece of that $25-billion auto-loan pie. The $400 million they are asking for would primarily be used for two projects; most likely finishing production of the Tesla Roadster and to start production of their cheaper, four-door electric sedan. If Tesla closed down it would not have near the widespread impact like the big three would, but Congress may want to give it a helping hand since its environmentally friendly vehicles are now seen as the future.

[via Truth About Cars]

 

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Posted by: Benjamin Greene
Posted on: 11/21/2008 at 4:57 AM
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Categories: Tesla
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