It seems Sergio Marchionne either didn’t get the memo, or won’t play along. He’s right up there explaining that his company loses $14,000 on each electric 500e they sell
Category Archives: Electric vehicles
The Tesla electric car is a darling of the Rich and Yuppie enviro crowd who want to believe it’s a “green” vehicle and want to show off their tree hugging credentials. Of course the truth ain’t quite that simple, but that’s a discussion for another day.
That being said, it seems to have run afoul of political business as usual in… New Jersey. Continue reading
These stories of all electric cars raise some questions, but note that the Tesla driver whose car burned up said he would buy another one in a minute. Gotta love these enviros.
Hybrid sports car maker Fisker Automotive owes the DOE — that’s us taxpayers — $192 million but no one wants to buy the troubled company. It hasn’t built a car in over a year, according to Reuters, but has gone through $529 million in government funds. And that’s just one example of the government’s Advanced Technology Vehicles Manufacturing loan program…. Continue reading
Terry McAuliffe’s promise of one million cars annually gets scaled back to 30,000 — at least his form exceeded its quota for federal investigations? Continue reading