Tesla Technophilia and Little Miss Marker’s View

Tesla, Inc. is suddenly in deep trouble, with both its cars and its stock market valuation. Elon Musk has expanded far beyond the original Tesla Motors, created by two talented electrical engineers in the 1990s. They were eventually shoved aside by Musk, although they were responsible for putting Tesla on the map with the pretty ‘Roadster’ sports car, its design and construction drawing partly on the small but expert English Lotus company, while the Americans provided the electric motor and  associated components. But Musk, their largest investor, soon began to build a far larger operation, not just making cars, but working on steadily improving lithium batteries and other high tech products, growing in the last four years to over 37,000 employees (see the fascinating account, ‘The Making of Tesla; Invention, Betrayal, and the Birth of the Roadster’, Drake Baer, Business Insider, 11.11.14). But the firm, facing many technical and financial problems throughout its history, has been hit hard since the fatal and fiery crash of one of its cars testing the self-driving ‘autopilot’ last May, and Musk is now dealing with other failures, including a giant recall.

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