Thursday, February 18, 2010

Tesla Plane Crash

Just weeks ago Tesla filed for an initial public offering of up to $100 million. And so the small company was hit hard as three of it's employees were killed in a plane crash yesterday near Palo Alto, CALIFORNIA.

According to some sources the three employees were mid-level engineers. CEO Musk stated they were holding off on communicating the identities of the individuals until family members were informed.

It is always difficult when this happens to any company especially one posed for growth in electric vehicles.