Tesla Troubles: Model S Could Be Delayed, Elon Musk Is Out of Cash

 

Is Tesla Motors in trouble? Earlier this month, Tesla surprised us all with news that the startup is teaming up with Toyota to work on electric vehicles. As part of the deal, we learned, Toyota will also buy $50
million of Tesla's common stock once the company's IPO is complete, and Tesla will buy Toyota and GM's out-of-commission California auto plant, NUMMI. But according to Tesla's recently filed revised S1 form (PDF), all may not be well in Elon Musk's EV empire.

The filing reveals...