Advocates for environmentally sustainable business are having a rough week. Two products beloved by the movement, the Tesla Motors Roadster, an all-electric vehicle, and PepsiCo Frito-Lay’s SunChips, the snacks sold in biodegradable bags, are suffering setbacks.
Bad news for treehugging gearheads this morning. Tesla had originally planned on opening a new facility in San Jose to build the Model S electric sports sedan, but the financing fell through. (Welcome to America, Tesla) So as it stands now, the company is going to redirect a $450 million government loan that was originally going to help build the facility into the general budget which will help… → Read More
During a demonstration run of a Tesla Roadster in Southern France, the driver (who was demoing it for the passenger) attempted to take a wet corner a bit too fast and ended up going off the road, smashing the front left and rear right quarters of the car. The passenger was thrown clear, luckily not through the windshield, but miraculously neither party was seriously injured. What is it about this… → Read More
When it was announced less than two years ago, many thought the Tesla Roadster was a hoax, or at best a vaporware concept that wouldn’t go anywhere. Thankfully, those skeptics have been proven wrong, with the Tesla in full production and the first lot sold out already. But what is it about the Tesla that makes it so unusual? Not only is it fully electric, making it one of the most green cars… → Read More