Tesla Raises $226 Million in IPO, Stock Gains 40% on First Day

tesla-model-s

The first day of trading for the first American auto manufacturer to go public since Ford did in 1956 ended with a bang. After selling 13.3 million shares at 17 bucks a pop for a $226 million haul, Tesla’s stock surged steadily over the day to close up more than 40% at $23.89 per share. [...]

There is No Easy Way Off of Oil; It Will Require Sacrifice

gasprices

Over the decades, America has heard, time and again, that our dependence on oil is a problem both for the environment and national security. Presidents as far back as Dwight Eisenhower have made remarks about weening the country off of oil, but we still haven’t come up with the collective cajones to do so. There is a [...]

Report: Chevy Volt is More Straight Hybrid Than We Knew

HybridCars.com is claiming exclusive access to information that has, to this point, been left to the wild rumors of the internet: The Chevy Volt’s engine may actually directly power the car’s wheels during some kinds of driving. If this is true, it would be big news for a car and a company that, up ’til [...]

Will Walkable Neighborhoods Lead to More Walking?

suburb

It took mankind thousands of years to domesticate horses, and even after we had tamed the beasts, many people still relied upon their own two feet to travel where they needed. Armies of men marched thousands of miles to wage war, and many of the greatest explorers had nothing but their legs to take them [...]

Competition or Collaboration; How Can EV's Succeed?

voltplug

I was never much of an athlete growing up, but I loved the thrill of competition. And I have no problem admitting that my overall combined sports record probably has a lot more losses than wins on it. Yet I always felt competition drove me to work harder to get better… even if I lost [...]

T.25 City Car Unveiled By Gordon Murray

t25

For a while there, it seemed like there would be no limit on how big cars could get. Trucks and SUV’s had replaced minivans in most family garages, and it was starting to looking like we’d return to the old days where land yachts dominated the highways. Now though, car trends are tending to get [...]

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Fisker Misses Deadline, Won't Start Selling Karma Plug-in Hybrids Until 2011

Last September, when the US Department of Energy announced Fisker would be getting a half billion dollars in stimulus loans to bring their vision of a plug-in future to reality, both DOE and Fisker said that the company’s first electric car — the plug-in hybrid Karma supercar — would be hitting showrooms this summer. But [...]

Ford Mustang V6 Gets 48.5 MPG Around Bristol Race Track

Mustang 1000 Lap Challenge

For a long time, any Mustang other than the V8 was scoffed and/or laughed at, and with good reason. Having driven my 4-banger Mustang across country, I can attest that despite its phenomenal gas mileage, it struggles up hills, lacks any sort of “oomph” and it even sounds terrible. Ford has countered with a 305 [...]

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