The electric vehicle startup had a string of terrible news, capped by the abrupt departure of its CEO. Its troubles are raising questions about the startups that have entered the auto industry.
A ton of new vehicle start-ups are trying to follow in Tesla's footsteps but a battle between one electric pickup maker and a short seller shows how the heavily hyped industry is also a risky one.
Automakers hope Americans will be willing to switch to battery-powered vehicles, for their trucks' sakes, as they race to bring the first electric pickup to market.
