Well played Tesla Motors
Tesla Repays Department of Energy Loan Nine Years Early...with interest! They're claiming to be the first American car company to have fully repaid the government...if so, well played!
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Well done as they are amoung the most sought after high end electric cars...
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Imagine how much money there would be if every country and business paid back their gov loans.Comment
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Good for them!
Tesla as an electric car company makes me chuckle. Named for the father of alternating current, they are making DC powered cars. I guess calling them Edison cars didn't sound as cool.
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Tesla hasn't experienced overwhelming success. I'm guessing new investors who wanted a bigger piece of the action figured out they'd have to pay off the Gov't. first.Comment
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It uses an AC motor.Originally posted by Gummi Bear View PostGood for them!
Tesla as an electric car company makes me chuckle. Named for the father of alternating current, they are making DC powered cars. I guess calling them Edison cars didn't sound as cool.
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Dont know were you get that from....I see them daily in Dallas and even a few running around Weatherford....a few people here on TBH own them if I remember right.Originally posted by AJ the TP Guru View Post
Not everyone can afford a 70,000 electric car, but if I rmember right it comes with a 7500 federal rebate too..Comment
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Californians like them; rest of the country not so much. They sold 20k cars all last year.Originally posted by Tuffbroadhead View Post
They've had one profitable quarter in their five year existence.
Even their CEO acknowledges that the price hurts them. (CEO Elon Musk has noted the affordability problem and said he hopes to create a mass-market Tesla, but that it is still three or four years away.)
Fact is, that same CEO may be the best thing they've got going for them so far as Wall St. is concerned - at least so says the online car seller, Edmunds: "Wall Street was enamored with the cult of personality."Comment
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Through the first quarter this year, Tesla out sold Mercedes, BMW, and Audi combined! They are a very nice car. When they get more public plug in spots and increase the mileage a little, I'm buying one.Comment
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I've seen some on the highways here, but I don't see enough of them to think they're selling great. They do have great body styling. It's always a surprise to see one in a parking lot and see it drive by silently.The DOE's $465 million loan, received in 2010, allowed Tesla to open its plant in Fremont, California, and build the Model S electric car, which recently received a near-perfect score from Consumer Reports magazine and starts at $70,000 before a federal tax credit.
Read more: http://www.businessinsider.com/tesla...#ixzz2U9BF613e
The factory is the "old" NUMMI plant which built GM (originally) and Toyota Corollas and Tacomas until it closed in 2010. I drive past it to go to my #2 choice archery store.
And yes, there are deer and pigs in the mountains to the east behind the plant, but more interesting is the Tule Elk population has grown large enough that there is 1 elk tag available in my county per year. No public accessible land (either private or state parks) but I put in for it every year picking up another elk preference point to get drawn 'someday'.
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Holy cow, I assumed a DC, it makes more sense.Originally posted by 41Chevy View PostIt uses an AC motor.
Why would they convert to a polyphase AC motor? That's wacky!
I've put in a handful of industrial drive systems in manufacturing facilities, and they often have DC motors in them, they have a fast response, and are easier to actuate than AC counterparts.
The smallest AC controlled vehicle application I had even heard of was in earth moving trucks and stuff like that, where there is basically an on board generator powering AC motors with planetaries at the wheels. Trains have used them for a long time this way too.
Learn something new every day.Last edited by Gummi Bear; 05-23-2013, 02:09 PM.Comment
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