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... "This is an investment in our clean energy future that will create jobs and reduce our dependence on foreign oil, said Secretary Chu. It will help build a customer base and begin laying the foundation for American leadership in the growing electric vehicles industry. This is part of a sustained effort to develop and commercialize technologies that will be broadly deployed throughout the American auto industry. Tesla’s planned Model S will consume no gasoline and will not produce any tailpipe emissions. " ...Via Dept of Energy: 465 Million Dollar Loan to Tesla Motors
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... "The billions in government funding being allocated globally in clean technology have begun emboldening private capital, which has in turn helped propel clean technology to the leading venture investment sector, now eclipsing biotech and IT, said Dallas Kachan, Managing Director, Cleantech Group. The two largest venture deals (Solyndra and Tesla Motors) and the largest IPO (A123Systems) this quarter were all recipients of U.S. government funding. ... " ...Via The Cleantech Group: 2009 Clean technology venture investment
... "Solar City, a Silicon Valley neighbor of Tesla, has installed a whole corridor full of charging stations between the Bay Area and LA. " ...Via NBC Bay Area: Electric Car
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Tesla Motors announced plans to build its second car model, the Moedl S (no doubt for Sedan) in California. Their first model, a two seat roadster, made headlines for amazing performance from an all electric car.
" ... Tesla ... plans to build a $250 million facility to manufacture a zero-emission luxury sedan in the heart of Silicon Valley. ... The factory – expected to achieve gold certification from U.S. Green Building Council Leadership in Energy and Environmental Design (LEED) ..."
"Model S is Tesla’s zero-emission, five-passenger luxury sedan powered by a lithium-ion battery pack. ... expected to ... get about 240 miles per charge with exceptional performance. The first sedans will likely roll off the assembly line in late 2010."
Via: Tesla Motors Link
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