It was announced today that Tesla Motors has paid off it’s government loan in full. “Tesla Motors, just cut the government a $451.8 million check, which means that Tesla has paid off its entire Department of Energy loan plus interest. “Following this payment, Tesla (TSLA) will be the only American car company to have fully repaid the government,” the company boasted (emphasis Tesla’s).”
It was also recently announced that they made a profit. “The loan repayment follows a number of recent announcements from Musk, including Tesla’s first-ever profit, a higher-than-expected sales forecast, a $1 billion fund raising round, and its Model S sedan earning the highest auto test ratings ever from Consumer Reports.” The BloombergBusinessweek article is here.
With a starting price of $62,400 after a $7,500 Federal Tax Credit I don’t think I will be buying one anytime soon. But it shows that an electric cars are coming. Pricing can be found here.
In my search for climate change information it seems that it’s getting easy to find bad news and hard to find good news. This post and future ones will try to find the good. So what is the good news?
People and small business are innovating.
More kids just “might” start getting taught about climate change.
The military has begun a transition to efficient and renewable energy. Did you know that our military is the largest single consumer of energy and oil on the planet?
The United States’ carbon emissions from energy production have actually gone down. Mostly due to the recession.
Renewable Energy is on the rise.
Solar energy is creating jobs.
Public transportation is on the rise. It’s probably all because of me:)
So there you have some good news. I feel better now. Will continue to search for more.