PALO ALTO, California Oct 6 Silicon Valley
electric carmaker Tesla Motors (TSLA.O) is seeking to double
its engineering staff as it ramps up development of the new
lower-priced Model S sedan.
"We are growing very rapidly," said Jim Dunlay, Tesla's
vice president of powertrain hardware engineering. "We are
looking for key personnel in every area."
Tesla's engineering staff is likely to double in the next
six to nine months, Dunlay added.
The company is hiring in all departments including research
and development, manufacturing and manufacturing engineering.
Tesla currently has about 250 engineers, many of whom were
recruited from Detroit automakers, technology industry and some
even from Formula One racing companies.
Dunlay was speaking at a media event where the company
provided a tour inside its engineering and manufacturing
operations located in a 370,000 square foot facility in Palo
Tesla, currently known for its $109,000 Roadster, employs
about 800 employees worldwide.
The carmaker has had one of the few successful initial
public offerings this year, raising about $226 million in its
offering of 13.3 million shares, becoming the first U.S. car
company to go public since Ford Motor Co (F.N) in 1956.
The company has said the key milestone for the company this
year was to complete a prototype of the Model S that would be
about 80 percent to 90 percent close to the final production
During the tour, Tesla revealed that the battery pack for
the Model S, which is expected to be launched by 2012, will be
fitted in a large flat panel beneath the vehicle.
(Reporting by Poornima Gupta; editing by Carol Bishopric)