Originally posted by Sava
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CA built Tesla Model S is 2nd best selling luxury car in the nation.
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Originally posted by Felch View PostWith all the DLC they're bound to crap out, this is really the best option. By Christmas they'll probably being selling CoH 2 with fifty bucks worth of DLC for 29.99 or so.
SubsidiesTo us, it is the BEAST.
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What if Tesla cars were on Steam? I would buy them in two years during Christmas sale at 75% off.Socrates: "Good is That at which all things aim, If one knows what the good is, one will always do what is good." Brian: "Romanes eunt domus"
GW 2013: "and juistin bieber is gay with me and we have 10 kids we live in u.s.a in the white house with obama"
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Originally posted by regexcellent View PostSo, Texas, Florida, and Illinois, numbers 2, 4, and 5 (soon to be 2, 3, and 5) most populous states, aren't big markets? The South is the most heavily populated region of the US, too."Just puttin on the foil" - Jeff Hanson
“In a democracy, I realize you don’t need to talk to the top leader to know how the country feels. When I go to a dictatorship, I only have to talk to one person and that’s the dictator, because he speaks for all the people.†- Jimmy Carter
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Tesla Motors shares hit a record high Tuesday morning, reaching almost $53 a share in NASDAQ trading before leveling off slightly to about $51 as of late this afternoon Eastern time. Tesla touched $52.92 shortly after the markets opened on Tuesday. Shares for the company, which went public at $17 a share in June 2010, have jumped more than 50 percent during the past year.
The California-based maker of the all-electric Model S said earlier this month that Q1 was its first ever quarter in the black, noting that it beat sales targets. That news followed up Tesla chief Elon Musk's proclamation that it would pay back its US Department Energy loan in roughly half of the ten-year timeframe previously set. Musk has been vocal and optimistic about his company's future, which lead to an excited Tweet about an upcoming announcement, a Tweet that might get him in trouble with the SEC.
Musk isn't the only one who sees good things in Tesla's future. Last week, Time Magazine named Musk one of the 100 most influential people in the world. On Monday, Seeking Alpha went as far as to say Tesla shares could hit $144 in the "near mid term," especially as short sellers who expected the stock to fall are forced to cover their losses. Motley Fool took a more measured approach, saying that factors such as Tesla's cash position, its ability to sell cars to those other than early adopters and the prospect of increased EV competition from larger automakers will determine whether the stock surge is justified.Try http://wordforge.net/index.php for discussion and debate.
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Tesla CEO Elon Musk talked a bit about his goals for expanded service options in his interview with us earlier this month, and he's today detailed some of those options that the company is ready to roll out. That includes one perk that's been mentioned previously: the ability to get a Model S loaner to tide you over when you have to turn your car in for service. What's more, that loaner will be a top-of-the-line Model S regardless of the car you turn in (there's a fleet of 85 to start with, each with valet service to your location), and customers in "most markets" can also opt to get a Tesla Roadster as a loaner if they'd prefer to try out something sportier. Musk further explains that customers can even choose to keep that loaner car if they like it better, and simply pay the difference. Beyond that, Tesla is now making annual checkups entirely optional, meaning that your warranty will still be valid for the full term even if you never take your car in. And rounding things out is what Tesla describes as an "unconditional warranty" on Model S batteries, which will let owners get a factory reconditioned unit as a replacement even in the case of user error. You can find the full details on the new options in Musk's blog post announcing the news linked below.
This is an interesting development. Tesla has improved its warranty to include "unconditional coverage" of batteries even in the event of user error. So if 5 years from now the car needs a new battery then not only will Tesla give you a free reconditioned battery but they'll also give you a free top of the line Tesla as a loaner car while the work is being done. Even if you only bought the base model.Try http://wordforge.net/index.php for discussion and debate.
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Try http://wordforge.net/index.php for discussion and debate.
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Tesla repaid government loans a decade early.
The taxpayer no longer has to worry about Tesla Motors.
Tesla, the electric carmaker, on Wednesday paid off a $465 million loan that the Energy Department made in 2010. The repayment is a lift to the Obama administration, whose clean-energy loan programs faced criticism after the collapse of Solyndra, the solar panel maker. The company, using money it raised last week in the markets, is repaying the government nine years before its loan was due.
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“Today’s repayment is the latest indication that the Energy Department’s portfolio of more than 30 loans is delivering big results for the American economy while costing far less than anticipated,” Ernest Moniz, the energy secretary, said in a statement.
Tesla’s payment will be the latest source of excitement to its supporters. But whether Tesla remains a good advertisement for government aid partly depends on how the company now performs. Should Tesla falter badly, it will only highlight the risks of lending to experimental companies.
Electric car enthusiasts have rushed to buy its main product, the Model S, a high-priced luxury sedan. Tesla also has plenty of fans in the markets, where investors who have piled into the company’s shares, in the belief that Tesla will find plenty of buyers for its cars.
Elon Musk, who co-founded and leads Tesla, issued a statement thanking the Energy Department, Congress and taxpayers for the loan. “I hope we did you proud,” he said.
After the demise of Solyndra in 2011, government efforts to subsidize clean-energy companies came in for special scrutiny. Mitt Romney included Tesla in a batch of companies he called “losers” during last year’s presidential contest.
Tesla’s exit from the government loan may now refresh the debate over how much support to give young, clean-energy firms.
“Tesla is repaying early and it’s a great vindication,” said Greg Kats, president of Capital-E, a firm that invests in clean-energy companies. “Tesla has really helped push the Big Three automakers down the energy efficiency track.”The company, using money it raised last week in the markets, is repaying the government nine years before its loan was due.
What do the haters say now?Try http://wordforge.net/index.php for discussion and debate.
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Originally posted by Dinner View PostWhat do the haters say now?I make no bones about my moral support for [terrorist] organizations. - chegitz guevara
For those who aspire to live in a high cost, high tax, big government place, our nation and the world offers plenty of options. Vermont, Canada and Venezuela all offer you the opportunity to live in the socialist, big government paradise you long for. –Senator Rubio
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Loans to encourage new businesses make sense to me.Try http://wordforge.net/index.php for discussion and debate.
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Originally posted by Dinner View PostLoans to encourage new businesses make sense to me.I make no bones about my moral support for [terrorist] organizations. - chegitz guevara
For those who aspire to live in a high cost, high tax, big government place, our nation and the world offers plenty of options. Vermont, Canada and Venezuela all offer you the opportunity to live in the socialist, big government paradise you long for. –Senator Rubio
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Originally posted by Dinner View PostLoans to encourage new businesses make sense to me."I have never killed a man, but I have read many obituaries with great pleasure." - Clarence Darrow
"I didn't attend the funeral, but I sent a nice letter saying I approved of it." - Mark Twain
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