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Tesla’s cheap, $57,000, EV dependent on government aid

100th Roadster finally delivered Tesla will delay plans to build it’s new ,000 four door sedan if the government doesn’t give it 0 million in auto loans. If the government does deliver the money, Tesla hopes to build 20,000 sedans per year by 2011. While I have great respect for Elon Musk, I have a hard time [...] [...]

Bailouts just the beginning if CAFE increased

Everything as efficient as the Prius under new Congress? If you don’t believe in an automaker bailout, you ain’t seen nothing yet. Unless the economy quickly starts soaring, within the next few years, automakers could need as much as 0 billion according to recent Congressional testimony. And, even if the economy warms, but car buying stays slow, [...] [...]