Tesla Motors borrows $40 million
Monday, November 3rd, 2008Electric car maker Tesla Motors Inc., which had hoped to raise $100 million, but couldn’t, ended up borrowing $40 million to cover its costs. (EBAY)
Archive for November 3rd, 2008
Sam’s Club to sell sweet electric car package
Monday, November 3rd, 2008Sam’s Club selling an electric car may seem like an oddity (perhaps due to the perception that the retail giant largely caters to red-state midwesterners, a demographic that has largely disputed the validity of environmental concerns) but here it is nonetheless. The house that Walton built will be offering a $100,000 electric car package. And quite [...]
Tesla Motors Loses Arbitration Hearing To Fisker Over Stolen Model S Designs [Green Automaker Slap Fight]
Monday, November 3rd, 2008According to Fisker Automotive, the company has emerged the victor in a lawsuit that pitted the niche hybrid automaker against Tesla Motors, the niche electric car automaker. The original lawsuit,…
MDI Introduces The Airpod, A Futuristic, Air-Powered Death Trap
Monday, November 3rd, 2008
The MDI Airpod is a minuscule concept which mates a compressed air engine similar to the one that’ll go in the Tata Nano with wacky futuristic styling and a tiny footprint perfect for city dwellers…
Credit Crisis May Halt Pickins’ Largest Wind Farm in the World
Monday, November 3rd, 2008The credit crunch is not just hurting the banks and the real estate market. Even the billionaire and wind energy enthusiast, T. Boone Pickens is having trouble financing his high profile 4000 MW wind farm. The price tag on this Texas wind farm is a hefty $10 and $12 billion.
Tesla Motors secures $40 million in funding
Monday, November 3rd, 2008Cash-strapped Tesla raises convertible debt will be used to speed up manufacturing of the all-electric Roadster sports car and invest in powertrain business.
UAE challenges Iran with US-inspired confidence
Monday, November 3rd, 2008Emboldened by its close ties to the U.S., the United Arab Emirates is taking a more aggressive approach to challenging Iran over a territorial claim to three tiny Persian Gulf islands — even at the risk of antagonizing its powerful neighbor.
Conference brings solar power investors to Valley
Monday, November 3rd, 2008Companies looking at solar power as a possible investment opportunity got an update this month on the industry and what the Phoenix area is trying to do to lure more alternative energy developers to the region.
‘Nuclear monsters’ protest groundbreaking of the Leningrad Nuclear Power Plant 2
Monday, November 3rd, 2008ST. PETERSBURG – “Nuclear monsters” laid a faux foundation for the Leningrad Nuclear Power Plant 2 (LNPP 2) during a Bellona protest in central St. Petersburg a week after the ceremonial laying of the cornerstone for the actual plant’s first reactor in the town of Sosnovy Bor, 80 kilometres west of St. Petersburg, where the actual nuclear station will be built.
