Tesla Pays Back ATVM Loans... But Why?

Tesla Pays Back ATVM Loans... But Why?
The big announcement yesterday in the auto business was that Tesla was paying off its ATVM loan off early. I am puzzled by this, it se...

Telsa's Profit

Telsa's Profit
Tesla's profit this first quarter, $11 million, was due in part to income from selling EV credits in California to other automakers.  Te...

Another ATVM Borrower Fails

Another ATVM Borrower Fails
VPG, which designed (and actually built) a purpose-built vehicle for handicapped transportation, has shut down. The company ran out of...

Elio, stalled?

Elio, stalled?
It sounds like Elio Motors is having a hard time raising capital to fund development.  According to KTBS , Elio has not raised enough money...

Terrafugia's "Flying Cars"

Terrafugia's "Flying Cars"
Terrafugia, a company made up of MIT grads, has developed a "flying car", which is really an airplane that can be driven on roads ...

RIP, CODA

RIP, CODA
Not surprisingly, CODA is bankrupt. With it, one of the first street legal Chinese produced cars (the CODA glider came from Hafei, a re-badg...