Who remembers Webvan? Go ahead and raise your hands. Hmm, that's not a lot of hands. Well, Webvan was one of the biggest flameouts of the late-1990s dot-com bubble. After raising hundreds of millions of dollars in venture capital and an initial public offering, it spent even more building warehouses and buying delivery trucks to take internet orders for groceries and deliver them to customers homes at the time of their choosing. Unfortunately, Webvan had management with no experience in the grocery business and the project was a totally unsustainable business model.

Writing for the The Street, Eric Jackson says Tesla is doomed to the same fate. Jackson points at the risk factors section of the pre-IPO S-1 filing and highlights a number of items as indicators of the electric car company's likely failure. The lack of experienced auto industry executives in the company – highlighted by CEO Elon Musk as a plus as Tesla tries a new way of building cars – is something Jackson believes is a huge mistake.

Jackson also highlights the slowing sales of the Roadster and the uncertain timing of Model S production as potential pitfalls as revenues will stumble until volume deliveries of the new car start. Even then there is no guarantee that Tesla can build the Model S profitably.

While all of these are valid points, Jackson never makes any mention of Tesla's relationships with either Daimler or Toyota. It's certainly possible that neither of these deals will amount to anything significant, but Tesla does at least have some intellectual property that might be of value, and while it may or may not survive as a going concern, it will almost certainly at least get gobbled up by another automaker.

In other Tesla news, the carmaker has selected Dimensional Control Systems to provide engineering software tools for tolerance analysis as it proceeds with development of the Model S. Read more about this after the jump.

[Source: The Street, Dimensional Control Systems]

PRESS RELEASE

Tesla Motors Selects DCS Tolerance Analysis Solution in Mission to be First in Quality


Dimensional Control Systems, Inc. (DCS), provider of dimensional engineering software solutions and consulting services, today announced that Tesla Motors has selected 1DCS and 3DCS solutions to provide tolerance analysis as part of the company's commitment to lead the automotive industry in quality with the development of the Model S.

Troy, MI (PRWEB) August 17, 2010

Dimensional Control Systems, Inc. (DCS), provider of dimensional engineering software solutions and consulting services, today announced that Tesla Motors has selected 1DCS and 3DCS solutions to provide tolerance analysis as part of the company's commitment to lead the automotive industry in quality with the development of the Model S.

Tesla, the electric vehicle manufacturer based in Palo Alto, California, launched 1DCS and 3DCS in late spring. Tesla's design engineers are using 1DCS in the earliest stages of product development to explore hypothetical designs for rapid evaluation and iteration throughout development of the Model S. 3DCS will provide the tools to run precise tolerance analyses of the Model S design and the associated manufacturing process using the Functional Tolerancing and Analysis (FTA) process in CATIA.

"We are pushing the automotive and engineering limits at Tesla in our development of the Model S," said Tesla Motors Dimensional Engineering Manager Steve Bannasch. "To ensure our cars are first in quality, we must be the very best in fit and finish. DCS allows us to achieve our goals without adding unnecessary cost."

"Their solution is completely integrated with CATIA and provides the most flexibility of design," continued Bannasch. "The DCS team has clearly taken the time to research the differences between rigid and flexible materials and the impact they have on tolerances."

"With 3DCS, engineers view exactly how assemblies fit together and they optimize tolerances to better achieve their quality targets," said DCS Chief Operations Officer John Mathieson. "We are pleased that Tesla has partnered with DCS in our mutual commitment to quality by using our software so early in their design process. This is the most effective way to ensure Tesla vehicles will be the very best in the industry."

About Dimensional Control Systems
Dimensional Control Systems Inc. (DCS) is a world-class experienced provider of dimensional engineering software solutions and consulting services. Established in 1994, DCS is a privately held company with partners and customers around the world. Leading organizations like Airbus, BMW, Boeing, Chrysler, Daimler AG, Embraer, General Motors, Herman Miller, IBM, Lockheed Martin, Volkswagen, and many major tier-one and tier-two suppliers use DCS solutions to optimize product design and manufacturing processes, improve quality, and reduce program cost and timing. DCS's 3D tolerance analysis and quality assurance software applications fully support the entire product quality lifecycle.

For more information, see www.3dcs.com.

About Tesla Motors
Tesla's goal is to produce increasingly affordable electric cars to mainstream buyers – relentlessly driving down the cost of EVs. Palo Alto, California-based Tesla has delivered more than 1,200 Roadsters to customers in North America, Europe and Asia. Tesla designs, develops, manufactures and sells EVs and EV powertrain components. The Tesla Roadster accelerates faster than most sports cars yet produces no emissions
.


From Our Partners

You May Like
Links by Zergnet
Share This Photo X