And by crap loads, I mean $465 million of our precious dollars. The loan from the federal government is part of a larger series of loans totaling $8 billion for new fuel-efficient vehicle research. Tesla plans to use the coin to develop the new Model S and the car’s battery packs, and if you think [...]

I. Popular Mechanics tested a perforated vinyl vehicle wrap that’s supposed to improve gas mileage. The fuel economy miracle cure is called Fastskinz and employs hundreds of five millimeter-diameter holes to improve airflow. What’d they find out? It doesn’t work. [Autoblog]

It’s only been two weeks since Tesla pulled the sheets off of its Model S, but the company has already taken 711 orders for the four-door ‘lectric. We hear a special Slurpee Edition Model S is in the works to celebrate. In all seriousness, that number of pre-orders is pretty amazing considering just how long [...]

I. Photos of the new Tesla Model S hit the web today. They were apparently leaked by a Tesla employee and the company has already verified their authenticity. Say what you will about electrics, but this thing is downright attractive. [Source: Autoweek]

Shoulda maybe seen this one coming. Autoblog Sam’s been all over it from the start, but now brand new CEO Elon Musk has posted a blog. In it he discusses how the new economic realities of the past few weeks are forcing changes at the electric car company. First of all, they are laying some [...]

Contrary to earlier sentiments from the land of Tesla, Elon Musk (head honcho in those parts), has said that the all-electric company would consider cranking out an SUV based on the Model S platform. Just a short while back, a voice from Tesla marketing said no way no how to the idea of a high-riding [...]

Thanks to buckets and buckets of private cash and a barge worth of loan guarantees from Uncle Sam, Tesla has its eyes on building a new production facility in San Jose, California. And what do they plan to produce there, you ask? Definitely not SUV’s. More like a $60,000, four-door sedan. According to Autoblog, the [...]