While $25 billion in low-cost federal loans keeps General Motors, Ford and Chrysler churning out SUVs through the econalypse, the wheels are coming off cleantech car company Tesla Motors. Without access to the same sorts of loans given its Detroit colleagues, the country’s leading electric car maker is delaying production of its Model S sedan, sacking an unspecified number of employees and shuttering two offices.
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I would say it’s great. According to one of the car magazines, either Car & Driver or AutoWeek, it’s apparently the best kind of mid-speed acceleration of any car they ever tested. So that’s perfect for when you’re driving on the highway and you want to make a lane change or something like that. It’s [...]
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When Tesla Motors co-founder Martin Eberhard stepped down from the CEO spot earlier this year to concentrate on technology and development, it was apparently his first step toward the door he was just shown. Seems Eberhard’s been ousted from the company, or as Tesla euphemistically puts it: “transitioned from the board of directors and executive [...]
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With the establishment of the Google Lunar X Prize, Google’s 2004 Copernicus Center announcement seems less April Fool’s Day hoax, more company aspiration. At Wired NextFest in Los Angeles yesterday, Google said it will award up to $30 million in prize money to anyone able to land a privately funded spacecraft on the moon.
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