In the midst of the ongoing global financial crisis, electric-vehicle maker Tesla Motors Inc. is buckling down, appointing a new CEO, reducing headcount and focusing on its core operations. The auto maker began production earlier this year of its $109,000 Lotus Elise-based Roadster EV and plans to roll out a less-expensive electric luxury sedan known as the Model S. However, due to the belt-tightening, the introduction of the Model S is being pushed backed about six months to mid-2011, ...
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