Pages

Showing posts with label Tesla. Show all posts
Showing posts with label Tesla. Show all posts

Wednesday, March 6, 2013

Tesla Suit Against Top Gear Thrown Out Again

A U.K. court dismissed a libel lawsuit from Tesla against the BBC show �Top Gear,� Bloomberg reports.

The case had been thrown out  before. Tesla appealed.

In the show, Jeremy Clarkson said the car would only run for 55 miles on a full battery. Tesla said he lied, and that the breakdown was scripted.

Three judges dismissed the appeal today, saying they were not persuaded that “the case which Tesla seeks to make has any real prospect of success.”


This post was made using the Auto Blogging Software from WebMagnates.org This line will not appear when posts are made after activating the software to full version.

Sunday, March 3, 2013

Tesla expects to pay back government loans by 2017

Tesla Motors, the maker of the Model S pure-electric sedan, says it plans to pay back government loans well ahead of schedule.

Tesla CEO Elon Musk revealed in an interview with Bloomberg that the California-based automaker is planning to pay back its government loans in five years or less, well ahead of its scheduled 10-year pay back period. Tesla received $465 million from the Energy Department's clean energy initiative.

Tesla made its first payment on its government loan, to the tune of $13 million, last December. Tesla, which expects to post a slight profit this quarter, hopes to be government debt-free by 2017.

Although the Energy Department has been criticized for making bad loans in recent years, such as a $528 million federal grant to now-bankrupt solar panel maker Solyndra, Musk says the agency should be commended for success stories like Tesla. However, the DOE's track record in the automotive sector is far from sterling. Federally funded electric vehicle battery maker A123 was recently sold to a Chinese company and plug-in car maker Fisker, propped by nearly $200 million in government loans, is barley clinging to life.


This post was made using the Auto Blogging Software from WebMagnates.org This line will not appear when posts are made after activating the software to full version.

Tuesday, February 26, 2013

Never Mind The Bollocks, Here’s The Tesla Model S

If Elon Musk is still smarting about how much damage the New York Times has done to Tesla, the fledgling automaker can take umbrage in the fact that the positive reviews are still pouring in.

For example, take a look at this glowing write-up on the Model S from Road & Track’s Jason Cammisa. Although the Tesla’s door handles receive a vigorous and thorough critical assessment, its other flaws are glossed over or simply omitted from consideration. After praising the Model S for  its remarkable driving dynamics, amazing powertrain and homegrown pedigree, Cammisa gets to the real meat of the EV issue – and promptly sidesteps it all.

Set aside the discussion as to whether EVs are actually feasible 
given our overtaxed power grid, and whether our electricity-generating power plants are any more environmentally friendly than a really efficient gasoline engine. Ignore, for a moment, that we don’t know how the Model S will age or how reliable it will be a decade on. Time will answer all of these, as well as the question of whether Tesla itself can stay solvent long enough to survive into maturity. We set them aside with the knowledge that the Tesla S means these discussions will finally be worth having. The Model S is the car that proves that the EV isn’t just viable, but truly desirable.

In my opinion, the above paragraph represents a pulled punch with respect to the real issues surrounding Tesla and EVs. It’s fine to evaluate the performance, aesthetics and build quality of the Model S as one would with any other car, especially in a road test. But 0-60 times and lateral g’s are a small part of the picture here. If EVs do not contribute to a net reduction in carbon emissions, why bother with a powertrain that offers significant compromises over an ICE equivalent? If Tesla cannot keep itself afloat, or if the car will turn into a 4000-lb paperweight in a decade, is buying a Model S a prudent decision? Despite leaving these critical questions unanswered, Cammisa somehow asserts that EVs are in fact “viable” and that these discussions are “…will finally be worth having”.

My question is, why aren’t we having them already, in influential publications like Road & Track? Despite what Cammisa says, we don’t have to wait for time to pass before we know the answers. A bit of intellectual labor can give us a picture of how things will play out. Furthermore a publication like R&T has both the budget and freedom from the daily grind of the blogosphere news cycle to delve into these matters.

Sure, there are a number of agenda-driven entities that propagate bad information and do little to enhance the discourse, but isn’t journalism all about sifting through bad information to find the truth? I’ve been down this road before; when the “scandal” regarding the Tesla Roadster and “bricked” batteries came out early in 2012, TTAC was among the first to call bullshit on the claims of the plaintiffs. The exercise illuminated why doing the “hard work” was so important. This is an era where hearsay can quickly become fact – a dangerous prospect given how much bad information is already floating around out there. The onus is on us as journalists to, well, do our jobs and find out the truth – whether it’s getting to the bottom of a malicious smear campaign against a fledgling startup, or determining the viability of pure EVs outside of the normal “car guy” parameters of going fast and looking cool.