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GM Is Dead. Long Live Tesla!

Rich Smith (TMF Ditty)
May 21, 2010

Could Tesla Motors replace General Motors as the standard-bearer of American automaking? Yesterday evening, Tesla established its first small beachhead on GM's turf.

Tesla is many things: The brainchild of PayPal founder Elon Musk. One of his two hobbies since selling out to eBay (Nasdaq: EBAY  ) , the other being commercial space pioneer SpaceX. An automotive start-up that's attracted investors as diverse as Google (Nasdaq: GOOG  ) founders Sergei Brin and Larry Page and old-guard automaker Daimler (NYSE: