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Shake-up at Tesla; a dozen UK orders

By Tim Pollard Motor Industry 16 October 2008 11:22 Electric car start-up Tesla is restructuring its US operation and laying off around 100 staff, as the credit crunch continues to make life difficult for car companies big and small. It’s now on its fourth CEO in 12 months, as founder Elon Musk takes over from Ze’ev Drori. In an announcement on the chief exec’s blog, Tesla Motors said it would be ‘cash-flow positive’ within six to nine months – but only by increasing production and cutting operating costs.

Smart Forspeed Concept reveled

Smart Forspeed Concept - and the electric bike and scooter that will make production You’ve got to wonder if Smart is just a game for Mercedes. A bit like Maybach, except they keep churning out endless cars and concepts and editions and sales seem to go nowhere, instead of the Maybach way of keeping the same cars for a decade – and sales go nowhere. Last year in the UK Smart sales were down nearly 9% at a time you would expect sales of eco-focused small cars to boom.

Rise in illegal 'clocking'

MORE ‘CLOCKED’ cars are on the UK’s roads now after a rise in 2013 of cars with discrepancies in their recorded mileages. Experts say this signals a worrying trend of more dishonest car sellers ‘clocking’, or falsifying, a car’s mileage to make more money when the sell it. There had been a drop in the number of recorded incidences of clocking.