Five months ago, Tesla Motors appeared to be following in the footsteps of other American automakers. Lay-offs, a dearth of financing, and a spring recall of 70 percent of delivered Roadsters prompted speculation that Tesla might soon be the next casualty of the economic downturn. But Tesla proved just too cool to fail. In May, German automaker Daimler injected $50 million in the "we're this close to profitability we promise" EV maker for a 10 percent stake and a deal for Tesla to supply the batteries for the test series of Daimler's smart electric drive. And then in June, Uncle …
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Sara Barz is a writer based in Seattle.
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