Tesla Model S Sedan teased by Chief Designer

Update: Photo taken down by request of photographer.

Elon Musk wants his company to be the Apple of electric cars. Musk is even doing the whole jobs this returning to Tesla as CEO. Recently, while the company runs low on cash and as it starts laying off workers, Musk sat down with BusinessWeek for an interview and teased the electric automakers next project.

Musk, a software entrepreneur who made million with PayPal, had dreams of taking Tesla Motors public next year with $100 million in verbal commitments and federal loan guarantees for producing alternative fuel-source vehicles. But that was all put on hold when Goldman Sachs called up and said that investors were demanding tougher terms.

Musk, now CEO, stepped in and let go of 80 of 380 employees, started cutting costs, and postponed the Tesla’s second model known the Model S Sedan. Last month Tesla made headlines when it announced a $250 million Silicon Valley plant to produce the new Whitestar sedan that it will unveil next year.

The Model S Sedan was expected to enter production in 2010 and was/is going to be capable of 225 miles on a full charge. Tesla currently has 1,200 back orders for the $100,000 Tesla Roadster.

Note: That man in the picture is von Holzhausen, who quit his job as director of design at Mazda in August and joined Tesla as their chief designer.


Source: BusinessWeek (via AutoblogGreen)