Tesla Angling for Department of Energy Loan to Launch New Electric Sedan

Lest you think that only the union auto workers, retirees, and executives want to reach in to the kitty for some tax money, you may also get to subsidize such hard luck cases as Sergei Brin and Larry Page. They are the founders of Google and early investors in Tesla Motors.

According to an article in e-week, production of the all-electric Model S sedan prototype hinges on whether the Department of Energy will provide a 350 million dollar loan to kick start production.

audi r8 supercar driving experience

(Photo by Josh Davis-Fort Worth, TX. All rights reserved. Used with permission.)

Elon Musk, the CEO of Tesla Motors, is a founder of Paypal, so you can see that Tesla executives are also the sort of hard luck cases seen in the early parts of Slumdog Millionaire.

How about you cats develop the electric car with your own money? Just a thought.

If the world can’t wait to be green and you’re so convinced that everyone will want a Model S for $49,000, why not produce it without putting the government on the hook? Certainly $350 million is pocket change for Brin and Page, and 350 million doesn’t amount to a sparrow fart in the cosmic scheme of current bailouts, but–on principle–I don’t like it.

Speaking of money, Fort Worth exotic car photographer Josh Davis sent me a few money shots of Friday’s 2000 Horsepower Tour held by DFW Drive Your Dream. Participants drove five supercars back-to-back in what must have been a fun day of motoring. So far as I know, no taxpayer money was used in staging the event. I wouldn’t turn down a ticket to a day of driving supercars, but driving the Audi R8 and Ferrari 360 top my list of desirable six figure rides.

Should you wish to enjoy a little top down high octane fun, visit http://www.dfwdriveyourdream.com and find out how you can drive a Ferrari 360, Lamborghini Gallardo, Audi R8, Dodge Viper, and Porsche 911 all in one day! It looks like a Bentley GTC was substituted for the 911 on Friday’s tour…

Post by SE friendly content writer Eric Anderson. Opinions expressed are soley his own. Eric’s recent writing prjects include content for a Wesley Chapel, FL mortgage broker website and a Dallas car storage website.

About Eric

Wesley Chapel, FL resident and exotic car enthusiast!
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