Tesla Says It Will Lay Off Employees and Delay Its All-Electric Sedan Until 2011 - NYTimes.com

Too bad, the Tesla seemed like such a good idea... guess trickle down wasn't going to work in this case.

http://www.nytimes.com/2008/10/16/technology/start-ups/16tesla.html?_r=1&th&emc=th&oref=slogin