Review of the Tesla Model S sedan

Tesla Model S sedanVisit the corporate site here. Tesla Model S sedan The Model S powertrain features a liquid-cooled, floor-mounted battery pack and a single-speed gearbox, delivering effortless acceleration, responsive handling and quiet simplicity — no fancy clutchwork or gear-shifting required. Model S costs about $4 to fully charge – a bargain even when gasoline is $1 per gallon. You can listen to Pandora Radio or consult Google Maps... [Read More...]

US to loan $5.9 bln to Ford, $1.6 bln to Nissan, $465mln to Telsa

As reported earlier today on doubleclutch.ca The US government confirmed that it will loan 5.9 billion dollars to Ford Motor Co. and 1.6 billion dollars to Japanese automaker Nissan to invest in improving the fuel economy of their US-built vehicles. The loans are the first awarded out of a 25-billion-dollar program to help automakers meet upcoming fuel efficiency standards, Energy Secretary Steven Chu said at a press conference. “I’m... [Read More...]

Reports surfacing that Ford, Nissan to tap U.S. factory retool loans

The Energy Department is beginning to lend money from a $25 billion loan program to develop fuel-efficient cars. Ford Motor Company, Nissan Motor Company and Tesla Motors are slated to get the first round of loans. U.S. Energy Secretary Steven Chu is planning an announcement today in Michigan, the paper said, citing government officials familiar with the matter to help auto makers retool factories for advanced-technology vehicles, the Wall Street... [Read More...]