Thursday, September 27, 2012

‘Record’ Volt Sales?  Not Really -- GM Counts $159 Leases for an $89,000 Car | NewsBusters.org
And this lease scam appears to have been going on since the Volt’s November 2010 launch.
Tesla Motors warns it will miss sales expectations | Auto news | Detroit Free Press | freep.com
Tesla, which has lost $660 million in last 14 quarters, didn't back off previous projections that it would produce more than 20,000 Model S sedans in 2013 at a pace of about 400 per week.

In a filing with the Securities and Exchange Commission, Tesla said the U.S. Department of Energy agreed it could delay a third-quarter interest payment due on Tesla's $465-million federal loan. But Tesla agreed to accelerate future payments on the loan.
Marc Morano on FBN, 9/26/2012 - YouTube
[Watch Now: Climate Depot's Morano on Fox News on another Solyndra -- 'SoloPower' set to get $197 million fed loan guarantee: 'The more the plans fail the more the planners plan'

Morano: 'It's an ideology. It is based on fear of man-made global warming. They are saying: 'We need to get off carbon based energy, we need to do it fast.' That is why they are doing things that make no sense. The federal govt as a venture capitalist makes no sense...When the federal spigot turns off, the companies go belly up']

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