Tuesday, August 5, 2008

Tesla: Looking To Be The Electric Edsel; Steals Ford CFO, Mazda Designer

There are times when a new start-up will try to lure talent from other companies in order to bring some experience to the table. Most of the time this is a good plan. Then, on the other hand, you have Tesla.

Slowly and surely, Tesla Motors, based in Silicon Valley, are digging themselves an early grave. In the early stages, the company was showing lots of promise. They were building a product people wanted and were willing to pay a premium for. Then, things started taking a bit more of a corporate turn.

Today, word has it that Telsa has lured over a former CFO from Ford and a designer from Mazda. What is wrong with this picture? Well, Ford hasn't made a dime in the past century or so, and even though Mazda cars do look good, they aren't really brilliant (unless you are talking about the Furai).

[Source: Jalopnik]