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Tag Archives: cars

S&P slaps junk bond rating on Tesla debt

We are all for innovation. We are all for non-gasoline vehicles which are ready for the market. The Toyota Prius is a great example of a car which makes sense from a business perspective.

Tesla is not as clear cut. I’ve looked at the Tesla S first hand and it is an impressive auto. 0-60 in 4 seconds with no gear shifts is pretty cool. The price relative to other cars with similar levels of performance is competitive.

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Tesla Still Relies on the Taxpayer

Much has been made of Tesla’s repayment of its DOE loan. There has been much crowing. Finally a DOE loan which didn’t implode into a black hole. And we are very happy that the loan has been paid back, and ahead of schedule.

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