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The Internet

Submission + - End of Amazon Associates in California? (techcrunch.com)

Un pobre guey writes: The Amazon Associates Program, wherein average folks set up websites to promote Amazon.com sales for a small cut of sales, will end this September unless California desists from its plan to charge sales tax on purchases from Amazon.com originating from Californian-owned websites. Will this be the death knell of sales tax-free internet shopping?
Businesses

Tesla Nabs $465M Government Loan To Build Model S 505

SignalFreq writes "Tesla Motors, based in San Carlos, California, was approved yesterday for $465M in loans from the Department of Energy's Advanced Technology Vehicles Manufacturing program. Tesla plans to use $365M of the money to finance a manufacturing facility for the Model S (review, Letterman video) and $100M for a powertrain manufacturing plant in the SF Bay Area. 'Tesla will use the ATVM loan precisely the way that Congress intended — as the capital needed to build sustainable transport,' said Tesla CEO and Product Architect Elon Musk. Tesla expects the Model S to ship in late 2011 and the base cost to be $57,400 ($49,900 after a federal tax credit). Ford received $5.9B and Nissan received $1.6B under the same program."

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