Attila Dimedici writes “Tesla has announced that their business model has failed. Their basic idea was to sell a boutique electric car to fund the development of a regular consumer electric car. With this announcement they are saying that they did not sell enough of the Roadster to make producing it profitable. If that is the case, it is only a matter of time until Tesla closes its doors. I thought their approach was the most likely to create a successful fully electric car. Although it is possible that the technology they have developed will allow the existing car companies to develop successful fully electric cars, it is a shame that Tesla has failed to become a successful car manufacturer.”
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Tesla Will Discontinue the Roadster