Lotus deal to bridge Tesla Roadster production gap

Newswire

* Extends deal with Lotus for Roadster 'gliders' * Draws down on DOE loan SAN FRANCISCO, March 29 (Reuters) - Electric carmaker Tesla Motors has extended its agreement with British automaker Lotus to help bridge a gap in the production and sales of its only car, the Roadster. Tesla, which registered for an initial public offering worth $100 million in January, is facing a year or more of a shutdown of production of the sports car after 2011, due to tooling changes at an unnamed ...

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