Tesla
Tesla IPO?
Sources are saying electric carmaker Tesla Motors plans to file for an initial public stock offering in the near future, though the company has declined to comment. An IPO by Tesla, which makes the $109,000 Roadster (right), would be the first among the crop of electric car companies that have sprung up in recent years.
--Associated Press
Audi
Green winner
Green Car Journal named Audi's 2010 A3 TDI the "Green Car of the Year" at the Los Angeles Auto Show last week, marking the second consecutive year a clean-diesel vehicle has won the prize. The A3 TDI gets 42 mpg on the highway -- 50 percent better fuel efficiency than a gasoline powered A3.
--Associated Press
6 Comments
By Blue Swan on December 14, 2009 10:50 AM
Telsa is going to be another pump and dump scenario.
Battery cars don't work, but sleazy city governments such as that of Seattle have been co-opted to promote them as if they were workable and are using tax payer money to build useless "charging stations".
The Obama Administration through intent, or ignorance, is also party to this fraud.
By Kobe on December 14, 2009 6:32 PM
Batteries in vehicles only last about 5 years, then you have to replace them.
Replacing them not only causes destruction because of battery leaks and what not in the environment, it also COST ALOT OF MONEY. Making the TRUE value of a vehicle higher than one thought. While using the conventional motor and gas saves money. SOMETHING CONSUMERS only look forward to.
By Brendan on December 15, 2009 3:37 PM
Sure but battery powered cars have fewer moving parts, implying that repairs will be a lot less. They are also quite practical for short distance drives. Not to mention the fact that centralized power generation and distribution is way more efficient than dispersing thousands of gasoline engines. I'd like to see some serious numbers before I call battery power a bad deal.
By Matthew on December 15, 2009 11:20 PM
Let's do a little analysis of the prior comment:
"Battery cars don't work..." Hmm. Batteries work. Cars with them go. They do physical work. Its always good to start with a completely baseless statement.
"sleazy city governments such as that of Seattle". Throw in a little name calling and a location which connotes all that which you despise...
"co-opted to promote them as if they were workable" Hmm thrown in a politically charged word implying naivete, corruptness and deceit - which always scores points when you're referring to government.
"using tax payer money" ... and throw in a one size fits all complaint about government that sure to score bonus points (but not as much as 'stealing tax payer money').
"to build useless "charging stations"..." Useless. unless you actually use them for an electric car. Just as a bus is useless to someone who drives a car or a hospital is useless to someone who is healthy.
"The Obama Administration through intent, or ignorance, is also party to this fraud"... Now lets change the subject entirely. No wait. That was the entire thesis - Its all Obama's fault!
And there you have it. Another insightful, thought provoking commentary.
By Fred on December 16, 2009 3:17 PM
Why won't the car manufacturers go back to basic A to B transportation? I drive a 1986 Honda CRX Hf. It's carburated, has manual steering, manual locks, mirrors etc. I amd still getting 50mpg on a 23 year old car. Do people REALLY need GPS for a commuter car? Maybe if they get lost going to work they do. The problem I see with all-electric cars is that they need lead batteries and the harm it does to the environment when the demand for more lead to make more batteries for more all-electric cars. We really just need to get back to basics in producing better fuel economy in our cars.
By John McD on December 21, 2009 4:27 PM
"The Obama Administration through intent, or ignorance, is also party to this fraud."
W said America needs to invest in alternatives to gasoline. Are you saying W was lying?