• Tesla Motors CEO Elon Musk at Motor Trend 'Car of the Year' ceremony in New York City, Nov 2012

    Like any startup company, Tesla Motors has had crises where the electric-car maker came very close to financial collapse. One was in 2008, when its Roadster model was late in delivery and its two-speed transmission proved unable to handle the car's power. But a second crisis developed in late 2012 and early 2013, when sales of its Model S electric luxury sedan were much slower than expected. DON'T MISS: First 2012 Tesla Model S Delivered To Earliest Depositor Steve Jurvetson: Video (Jun 2012) As related by Bloomberg in an excerpt from an upcoming book, Elon Musk: Tesla, SpaceX, and the Quest...

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