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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.

Lotus boss Dany Bahar ousted

Dany Bahar, Lotus boss, suspended from his job Controversial Lotus boss Dany Bahar has been suspended from Lotus pending an enquiry in to his conduct. Since ex-Ferrari man Dany Bahar arrived at Lotus it’s all turned in to a bit of a soap opera. From announcing the creation of six new Lotus cars and plans to turn Lotus in to an East Anglian cross between Ferrari and Aston Martin, to the completely bizarre Lotus PR meltdown rant we saw recently, it’s not been quiet in Hethel since Dany Bahar arrived.

Jaguar’s Mike O’Driscoll calls it a day

Mike O'Driscoll, Jaguar's M.D., is to retire in march 2011. Jaguar’s Managing Director Mike O’Driscoll has been a Jaguar man for longer than he probably cares to remember. In fact he joined Jaguar Rover Triumph (as it then was) as long ago as 1975, when he was a young business student.