If you're going to think of it in those terms, even a petrol powered school bus is a "hand-out"... Since a brand new diesel-powered school bus can cost around $100K, and the school district will spend that amount (over its lifetime) for maintenance.
The scientific consensus for AGW/climate change was pretty darn clear even before Al Gore's movie: He just made it more popular. The only people making it controversial are the old school energy companies and everyone associated with it.
different then their implementation?
Now many home improvements can be a DYI project, but wiring a 240V-50A line is NOT one of those things.
Because Texas law states that auto dealerships must be independently owned and operated from the auto manufacturer-- (a dealer franchise just has an agreement to sell a particular car... but they still have no ties to the manufacturer.)
Ms Pacman used a 8K cartridge, while the original Pac Mac was a 4K cart. I would still say it's a challenge to program a full pacman port within 4096 bytes of ROM.. with only 128 bytes of RAM at your disposal.
When considered against the cars the Model S is competing with-- Porsche Panamera; BMW M5, Audi A7 (all of which are $70K+ cars)... it's absolutely affordable.
Tesla is planning a higher volume, lower priced car code named "BlueStar", which is to be similar in size as a BMW 3-series and should start around $35K, but it's going to take a few years for them to tool up the production scale.
Tesla and Nissan uses lithum-ion batteries... the same used in a laptops and smartphones. No nickel is used for it's production.. and it's fully recyclable.
I think the perfect storm for electric cars to take over is 5 years from now, when gas approaches $6 to $8 a gallon while electric hovers around $1/gal equivalent. If auto manufacturers ramp up production on a compact electric sedan and sell them for around $25K, people won't be buying them because it's a novelty, they'll be buying it because a gas vehicles will be far too expensive for typical day-to-day use.
First off: They have 2 car models: the first was the Tesla Roadster (which was based on a Lotus Elise) which was a testbed for their engineering. The Model S is designed from the ground up as an electric car.
Currently they're only using about 20% of their manufacturing plant to build the Model S and plan to expand it for faster production of a lower priced car. That will also take huge capital costs, but the success of the Model S should reassure outside investors who passed on Tesla the first time around.
I'm not sure how it's outclassed. It accelerates 0-60 in around 4 seconds which is faster then most high-end sport sedans you can get for around $100K, and it's made for urban and suburban folks that typically drive less then 250 miles a day (which is a vast majority of people) while seating 5 adults+2 kids.
Musk put up $70M of his own money, as had to bust his ass to gather up financing from many others friends and investors, since traditional investors stayed away from his companies since they were brand new and had no track record.
Meanwhile, the US bailed out a LOT of very established banks/mortgage/insurance/autos manufacturers, and each of them got WAY more money then a paltry $465M, and much of it was not a loan.
They've already paid one year of the loan--- and now they're doing well enough to pay it back in an accelerated rate within 4 more years (rather then 9 more years). I still don't get how that's hard to comprehend.
The headline "Tesla Motors To Pay Off Government Loan 5 Years Early" is a statement of intent, not something that already happened. How is that a lie?
They didn't have to bribe anyone. The Model S is a highly acclaimed car from everyone else's perspective:
- Automobile Magazine's 2013 Car of the Year
- Motor Trend 2013 Car of the Year.
- Popular Science's Auto Grand Award Winner Best of What's New list 2012.
- Time Magazine Best 25 Inventions of the Year 2012 award.
- Yahoo! Autos 2013 Car of the Year.
- CNET Tech Car of the Year for 2012
- Green Car Reports' Best Car To Buy 2013
- 2013 AutoGuide.com Reader’s Choice Car of the Year
- Natural Resources Canada 2013 EcoENERGY for Vehicles Awards in the full-size category
Not bad for a car company that didn't exist 10 years ago