Sadly, it looks like Tesla Motors is collapsing.

I knew that Martin Eberhard was ousted, but I just found out that a whole host of other key Tesla people have just been axed. Martin describes it as a ’stealth bloodbath’ in his post-tesla blog. In the comments, people are saying that the heart and soul of the company has been ripped out. This is really, really sad. I wished for a great electric car, and thought that Tesla was our savior, and would be the renegade that would break the electric barrier. I’m getting more and more skeptical — it seems like Tesla isn’t really keeping the EV vision alive.

Thankfully, Toyota seems to understand the market, and is making some really great cars. A recent announcement from their CEO said that they were planning on offering hybrid drivetrains in every car they sell, so one can still hope for a revolution, but this time from Japan, not from San Mateo. I’ve been always a bit put-off by the lack of an all-electric mode on the Prius, so my real hope is that in the next few years they finally give us what we’ve always wanted…

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