Click to enlarge the Tesla Roadster Sport
Here's Elon Musk, speaking in March (and just published in Car and Driver):
Even in the worst case of an Armageddon scenario, I'll personally refund people [their money] if need be.
While the U.S. federal government needs to step in and guarantee the warranties for GM and Chrysler vehicles should those companies enter bankruptcy, the loaded Musk (C&D calls him an "Internet zillionaire") is at least unofficially willing to give people interested in his company's electric cars one more reason to buy. No details are available yet about what, exactly, Musk means with all of this (a Tesla spokesperson declined to clarify), but this is slightly cool, no?
Another detail from the interview worth noting is that part of the money issues that became public earlier this year were caused by misrepresentations from a management team that has since left the company. The board thought the Roadster (which was selling for just over $90,000) cost $65,000 to make instead of the $140,000 it was estimated it was really costing the company to make the car a few years ago. Part of the solution was to reduce costs and to refine the car in order to offer the new Roadster Sport version at a higher price point.
[Source: Car and Driver via All Cars Electric]