Whatever else it is, the Tesla is an expensive sports car. They plan on building 20k/year and selling Ooo them for $100,000 each.
In 2009, GM sold just 14k Corvettes at ~$70,000 each. That includes alot of people upgrading from older styles.
How is Tesla going to develop the capital to design and tool up for upgraded models every few years?
I predict they will sell about 15k total over a few years and then fold up. I also predict quality problems due to UAW assembly.
Imagine if the UAW assembled your iPod.
The Tesla S is a five-passenger sedan, projected to start at $50K.