


Company says it doesn't care about quarterly profitability











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By Beenthere on 11/10/2010 2:56:49 PM , Rating: 0
I'll bet the execs at Tesla are being paid well... with my tax dollars. Bama boy didn't send me no bailout check or EV development financial incentives. Bama boy sent me the bill to pay for this crap.

By Motley on 11/10/2010 4:02:26 PM , Rating: 2
Of course it's shortsighted people like you who when the oil either dries up, the arab nations get pissed at us and the price of gas goes up to $30 a gallon, you'll be the first in line asking why the government didn't see this coming and do something about it.

By Cerin218 on 11/10/2010 4:25:46 PM , Rating: 5
So when are we going to get the power infrastructure that will allow all of us to drive a car that gets at best 40-80 miles on a charge? Will it be fun to make a 600 mile trip that will cause you to have to stop and charge your car 10 times? Will your employer let you recharge at work? Oil is going to be around for a long time. You people keep whining about it running out when I have yet to see that. It's great that someone is looking for alternatives, but there isn't ANY three sources combined that could replace the easy of use, portability, or energy potential of oil. Period. Battery technology simply ISN'T there to make a feasible EV vehicle. When 10-15K of the cost of you are is the battery, and you don't even own it, you rent it, that is not economically feasible. 40K after gov credit? Funny that the Department of Energy was created to get us off of oil and all they have managed to do in 30 years is waste money. But Big Brother gov will save us right?

By mcnabney on 11/10/2010 5:17:40 PM , Rating: 1
I kind of envisioned quick-charging stations at every McDonalds. Drive four hours, stop for 45 minutes to refill your stomach and car.

Most charging would always be done overnight. We have plenty of excess capacity then.

Also, the downward crawl from peak global oil production will take a hundred years or more, the benefit from detaching ourselves from the oil market is the freedom it gives the country. The freedom to not send a few hundred billion of our accumulated wealth overseas (or over the border) every year. The freedom to tell the Middle East to F-Off.

By Spuke on 11/10/2010 6:38:13 PM , Rating: 3
Until everyone starts recharging at night. LOL!

By kmmatney on 11/10/2010 6:41:32 PM , Rating: 4
I think the people who buy electric cars are more the Starbucks type, rather than the McDonalds type...

By Cerin218 on 11/10/2010 4:28:52 PM , Rating: 2
We don't have electric cars because the market forces in this country have decided that we don't need an electric car. If there was demand for it, then you would see people producing it. It's a fad now like it always has been. Same reason that the hybrids haven't killed the conventional engine.



By priusone on 11/10/2010 11:31:49 PM , Rating: 3
Shortsighted people who want to drill in Alaska and put oil rigs along Oregon and Washington. Nah, let's sit out latte's and keep feeding money to the middle east. And while we are doing that, let's not tap our tremendous mineral wealth and instead buy our rare earth material from China. And while we are at it, let's just let the forests burn, which releases and incredable amount of carbo into the atmosphere instead of putting tens of thousands of Americans to work logging. Yup, we sure are short sighted.

On another note, it would be interesting to see train and airline companies team up to ship your vehicle and then fly you to certain locations, so you can have your rig for vacation.

By FITCamaro on 11/11/2010 9:34:25 AM , Rating: 2
No it'll be people like me who say "I told you so" when talking about developing our own energy reserves. As well as our own mining.

You idiots all push for electric cars even though we don't have any real mining going on to provide the materials to build them. We have lots of oil. We're not using it. We don't have lots of lithium and other rare materials for building batteries. But you don't seem to mind this. Somehow buying 20% of our oil from Arab nations is bad but buying nearly 100% of our batteries/materials to make batteries from China is good?

And completely left out of the equation is developing real bio-fuels. That gets a few stray million opposed to the billions allocated for electric vehicle development.

By tng on 11/11/2010 10:00:01 AM , Rating: 2
I agree here. The real tragedy is that most Americans believe that the US has no oil reserves left. Wrong, oil companies just figured out that it is cheaper to import and refine Middle East oil than to refine oil from almost anywhere here in the US (mainly because of the sulfur content of the oil itself).

Face it, the politicians in DC will put money into anything that makes them feel good about themselves, while not paying any attention to what would really help because it is not popular. They have become extensions of Hollywood.

Not one of them wants to clear all of the EPA hurdles that a business would have to leap for a new refinery to be built, new oil wells to be tapped or new mines to be opened for rare earth minerals. Doing so would mean that they would be criticized by a small percentage of people out there who are very vocal, even though it would help the country as a whole.

By FITCamaro on 11/11/2010 12:45:48 PM , Rating: 2
Its not even that the companies realized its cheaper elsewhere. It's that they're not allowed to do it here. Millions of acres of land have been banned by the government for oil and gas exploration. Notably the tar sands in the midwest.

It's also all but impossible to build a refinery in the US. Oil companies would love to refine more oil here but they can't. So instead they have to build refineries elsewhere and then import refined fuels which is far more expensive. Which drives up the cost of energy in the US.

