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Tesla uses stock, note sale to repay government
Tesla Motors, which makes a highly acclaimed $70,000 electric car, has paid off a startup loan from the U.S. government nine years early. The Palo Alto, Calif., company said it wired in a $451.8 million payment to the government on Wednesday. The money, coupled with two prior payments, paid off ...
Does France have right plan to revive its economy?
The man charged with reviving France's shrinking economy and attracting businesses to invest here is gaining a reputation for doing the opposite. As the country's first-ever minister for industrial renewal, Arnaud Montebourg has told the world's largest steelmaker it is not welcome in France; exchanged angry letters with the head ...
Neb. students compete with electric car designs
High school teams from Elkhorn and Wayne have won scholarships with their electric car designs. Those two schools prevailed in the finals of the annual Power Drive competition. Elkhorn won the standard class because their vehicle won the most points for endurance, design and documentation. Elkhorn's vehicle completed 42 laps ...
Tesla Model S gets Consumer Reports' top score
The Tesla Motors Inc. Model S electric car has tied an older Lexus for the highest score ever recorded in Consumer Reports magazine's automotive testing. The Model S, which starts at $62,400 after a federal tax credit, scored 99 points on a scale of 100 in the magazine's battery of ...
Solar plane lands in Ariz., 1st leg of major trip
Alone in the single-seat cockpit and high above the American Southwest, pilot Bertrand Piccard could hear only his plane's gear box and the quiet whine of four electric motors. No noisy jet engines. He's flying Solar Impulse, considered the world's most advanced sun-powered plane. Piccard piloted the craft for 20 ...
Drilling is new focus for clean energy investors
A decade ago, large investors in so-called clean technology had a straightforward goal: finance companies that would help eliminate the world's dependence on oil, natural gas and coal. But as profits from wind, solar, biofuels and other alternatives consistently fell short of expectations — and as the fossil fuel business ...
Clean technology investors shift focus to drilling
A decade ago, large investors in so-called clean technology had a straightforward goal: finance companies that would help eliminate the world's dependence on oil, natural gas and coal. But as profits from wind, solar, biofuels and other alternatives consistently fell short of expectations — and as the fossil fuel business ...
Electric car maker CODA files for Chapter 11
Electric car maker CODA Holdings Inc. filed for bankruptcy protection Wednesday after selling just 100 cars and said it plans to quit the auto business altogether. The Los Angeles-based parent of CODA Automotive filed for Chapter 11 bankruptcy protection in federal court in Delaware. A consortium of debtors plans to ...
GM says Chevy Spark EV can go 82 miles per charge
General Motors said Wednesday that the battery-powered version of its Chevrolet Spark mini-car can travel up to 82 miles on a single charge, putting it among the leaders in mass-market electric vehicles sold in the U.S. The Spark EV also gets the equivalent of 119 miles per gallon in testing ...
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