Recession Squeezing Tesla Last fall Tesla Motors announced a planned investment of $250 million to build a 500-worker new production plant in San Jose, California, to make its upcoming ‘Model S’ electric sedan. But since then, economic conditions have deteriorated quite a bit and there’s a good chance that Tesla will be forced to look at other options.Read on for more details. From the San Jose Mercury News:The company failed to secure $100 million in venture financing for the factory in the fal