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Tesla Motors Performs the CEO Shuffle

Tesla Motors CEO Martin EberhardTesla recently promoted Michael Marks as their new CEO to replace Martin Eberhard. As the driving force for the start-up do not look for Eberhard to be departing. His new position will be as President of Technology with the fresh auto maker; thus allowing Eberhard to continue to focus on the cars and innovations at Tesla. Marks will now be in charge of the day to day business of running the growing company.

Michael Marks is no stranger to the company nor to running a big business. He was the former CEO of Flextronics, a $19billion dollar company, before becoming a contributing investor with Tesla. Even so, Marks role as the CEO is a temporary move as a search for a permanent replacement gets under way.
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Tesla Roadster survives delay and will still reach buyers this year

Tunnel BnW Wide

Tesla Motors has announced that despite a last minute vendor change that created a delay in the production of the Tesla Roadster they still expect to release their first production cars this year.

Tesla is facing what Preston Tucker endured when he attempted to introduce a new innovative approach to car building in the late 1940’s, except without the law suit and with far deeper financial backing. Delays and concessions can kill a good design, but it seems clear that Tesla is sticking to its guns to produce just the car they intended.



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