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Federal Loan to Electrify Sports Cars
livescience ^ | 24 June 2009

Posted on 06/26/2009 12:25:41 PM PDT by JoeProBono

Upstart electric car maker Tesla Motors will get a $465 million loan under a $25 billion program set up during the Bush administration as an offset to higher fuel standards. The program is aimed at helping automakers retool to produce more fuel-efficient or electric vehicles. Congress was slow to actually fund the program, however, so this week's announcement involves the first loans.

Tesla, which already makes an electric roadster, remains dwarfed by the competition. Ford will get $5.9 billion from the same program, and Nissan snagged $1.6 billion.

(Excerpt) Read more at livescience.com ...


TOPICS: Miscellaneous
KEYWORDS: federalloan; tesla

The Roadster Sport, an electric vehicle built by startup Tesla Motors, begins to redefine what electric cars might look like.


1 posted on 06/26/2009 12:25:44 PM PDT by JoeProBono
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To: JoeProBono
. .well, that's all very nice, but they are really coal burning cars, n'est pas?

All the cars we already have could be upgrade to double MPG by raising the fuel pressure so the dribble becomes a finer mist exposing each molecule of the best energy storage technology(gasoline) to proper combustion air making a bigger bang for the buck.

2 posted on 06/26/2009 12:31:22 PM PDT by norraad ("What light!">Blues Brothers)
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To: JoeProBono

Electric cars are going nowhere. They do NOTHING to reduce the alleged “greenhouse gases”, and until they can charge a battery in the time it takes to gas up a car, and go another 300 miles the concept is DOA. Plus, where would you recharge them? - Completely impractical unless you live in a blue-hair, white shoe, white belt retirement community to get from the golfcourse to the blue-plate early-bird special.


3 posted on 06/26/2009 12:31:33 PM PDT by SERKIT ("Blazing Saddles" explains it all.....)
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To: JoeProBono

80k price tag on the Tesla.

So, is this considered a subsidy or a “tax cut for the rich”?

You’ll never hear the MSM utter those words while Obama is in office.


4 posted on 06/26/2009 12:32:05 PM PDT by Rodney Dangerfield (Obama addressing the MSM - "Most of you covered me. All of you voted for me.")
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To: JoeProBono
In thisss cornerrrr: One bada$$ capacitor, enclosed in a sportscar body, capable of hitting 100 mpg in a matter of seconds.

And in this cornerrrrr,.....um...a Prius with a Ford sticker on it.

I know what I'D voter for!

5 posted on 06/26/2009 12:32:39 PM PDT by Othniel (Meddling in world affairs for 1/20 of a millenium......)
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To: All

Where is the electricity going to come from to power these cars?

California has electricity outages every summer.

Unless we build Nuclear plants, we won’t have the energy to even power these cars.


6 posted on 06/26/2009 12:38:47 PM PDT by Rodney Dangerfield (Obama addressing the MSM - "Most of you covered me. All of you voted for me.")
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To: Rodney Dangerfield

The logic is that they will be mostly plugged in at night when the grid is not under such a strain.


7 posted on 06/26/2009 12:47:30 PM PDT by BBell
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To: JoeProBono

Ummm, shouldn’t fuel effecient vehicles also hold more than 2 people? (since we’re paying for this)


8 posted on 06/26/2009 12:49:37 PM PDT by wolfcreek (KMTEXASA!)
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To: Othniel
One bada$$ capacitor, enclosed in a sportscar body

Unfortunately, the Tesla ESS (Energy Storage System) is composed of "several thousand consumer-grade lithium-ion cells".

In other words, it's one bada$$ battery.

http://www.teslamotors.com/design/under_the_skin.php
9 posted on 06/26/2009 12:52:27 PM PDT by chrisser
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To: JoeProBono
begins to redefine what electric cars might should look like.

Fixed

10 posted on 06/26/2009 1:20:13 PM PDT by Domandred (Hope is the first step on the road to disappointment.)
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To: JoeProBono
Model of Obama's new Eletric Car/Powered Road system


11 posted on 06/26/2009 2:09:25 PM PDT by tophat9000 ( We are "O" so f---ed)
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To: chrisser
Hm. My bad. I read somewhere (here on FR) that it was a big capacitor.

Maybe it's time to bring back the Leyden Jar....

12 posted on 06/26/2009 3:18:07 PM PDT by Othniel (Meddling in world affairs for 1/20 of a millenium......)
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