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Tesla Taps Chrysler Executive

Tesla Motors said Tuesday it has hired former Chrysler executive Mike Donoughe as its executive vice president of vehicle engineering and manufacturing. The move is designed to help the California-based electric-car maker take the next step in becoming a serious contender in the auto industry. Darryl Siry, a marketing executive with the company, said Tesla will rely on Mr. Donoughe's expertise as it readies a $60,000 electric sedan -- dubbed Model S -- for a late 2010 debut. Tesla started building $109,000 electric roadsters earlier this year, and hopes to significantly ramp up production of those models in coming months to meet relatively brisk demand. Mr. Donoughe was not immediately available for comment. He recently left Chrysler as part of a wider management shakeup that occurred after Cerberus Capital Management... [read full story]                    

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