Subscription Center
Oct 16, 2008 | 1
.jpg)
Chrysler, Ford and GM are busy using up the $25-billion jump-start they received last month and their economic outlook is far from rosy. But it is the upstarts—in specific, electric car company Tesla Motors—facing the roughest road because they don't have the track record for access to cheap cash.
As the credit markets have seized up, Tesla has been forced to restructure and has entered a "critical phase" financially, according to a company blog post. Tesla will be abandoning Detroit and digging in at its new corporate HQ in San Jose as well as laying off an unspecified number of its 250 employees. Its primary financial backer, Elon Musk—whose SpaceX rocket finally took flight, successfully putting a payload into orbit—will also return to the helm of the company, shifting current CEO Ze'ev Drori to the board of directors. He had been in the job for a little less than a year.
See what we're tweeting about
TetZoo Just discovered @paleotaissa's #blog Núcleo de Estudos em Paleontologia e Anatomia http://t.co/XLNwJezXof #Rio #pterosaur symposium & more
kahoakes Reset your brain before work this morning with "Sleep" by @tychogirl #astropoetry http://t.co/HpEeUVaXBv
Dhunterauthor Nuevo Verdad: Apologies for Neglecting You, My Darlings. I’ll Make Up For It – With Geology! And Zombies!: I k... http://t.co/qvcQlHqLsr
Deadline: Jun 29 2013
Reward: $7,000 USD
The Seeker for this Challenge desires proposals for chemical methods that could rapidly degrade a dilute aqueous solution
Deadline: Jul 15 2013
Reward: $5,000 USD
SciBX: Science-Business eXchange, a joint publication from the makers
Powered By: 
YES! Send me a free issue of Scientific American with no obligation to continue the subscription. If I like it, I will be billed for the one-year subscription.
