BUSINESS
04/13/2008 05:12 am ET Updated May 25, 2011

Electric Car Makers Facing Numerous Production Hurdles

On an overcast Friday in February, about 100 people gathered behind Tesla Motors Inc. headquarters, awaiting the future of transportation. A truck pulled up with a trailer, which disgorged a sleek black electric sports car that promises to change the world as much as the Model T did a century ago.

The crowd toasted with champagne as Elon Musk, Tesla's chairman, climbed a staircase and made a triumphant speech. "This is the culmination of an enormous amount of work," he said.

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