by David Heyerman on February 4, 2010

- Tesla Motors announced last week that they’ve filed plans for their Initial Public Offering.
- They are seeking to raise $100 million through the IPO.
- To date, Tesla has raised $240 million from investors and VC’s as well as a $465 million loan from the DOE.
by David Heyerman on December 4, 2009

- Hey all! Sorry we’ve been out for a while, it’s been a hectic few months for both Jason and I. That being said, I figured I’d atleast catch you up on what’s been going on in the world of green over the last month or so. Here we go:
- DOE: Steven Chu just announced $620 million in additional stimulus funds for Smart Grid Projects. He does think, however, that we’re falling behind in the global clean energy race, citing the example that China’s spending $9 billion a month on clean energy.
- Warren Buffet claimed that all cars will be electric by 2030…oh, no kidding Warren? …take your electric car…by 2030, I’ll be dippin’ in something powered by some form of this.
- A123 Systems: Recently released their first earnings report as a public company.
- Tesla: Speaking of electric cars, Tesla says they’re 99.9% done finding the place where they’ll manufacture the Model S. Also, there’s been some recent hype about their impending IPO.
- GM: Even though they just reported a $1.2 billion loss, it looks like the Volt is still a go, what with the announcement that California will be the first to launch it.
- Fisker: Same ish, different company…Fisker has delayed it’s Karma launch to September 2010….can’t say that wasn’t expected.
- Vectrix: Hey, they’re recovering from the recent bankruptsy. Great!
- Longyuan Power Group Corp: Asia’s largest wind energy generator is planning a huge IPO in a few days that’s expected to raise $2.2 billion.
by David Heyerman on September 18, 2009

- EV startup darling, Tesla Motors, coming straight off a $465 million loan from the DOE, has managed to bring in an additional $82.5 million in private equity financing from London-based Fjord Capital Management.
- Although Tesla CEO, Elon Musk, confirmed that they weren’t looking for money, the investment, he explained will go towards an international build out of Tesla retail stores, mostly in European countries.
by David Heyerman on June 23, 2009

- It’s offical, the Department of Energy has approved loans for Ford, Tesla, and Nissan.
- Ford received $5.9 billion, Nissan got $1.6 billion, and Tesla received $465 million.
- Ford will be using the money to bring “13 more fuel efficient models” to market, while Nissan has the ambitious goal of 100,000 EV’s produced by 2012.
- Tesla, as my readers know, will be using the majority of the loan to finance their new Model S production facility. …I might just have to jump on that reserve list now.
- This is huge for the cleantech auto. Stay tuned for more DOE and the Advanced Technology Vehicles Manufacturing program (ATVMP) announcements as they’ve still got right around $17 billion to reward.
by David Heyerman on June 10, 2009
- So, for a while now, my next (dream) car has been the Fisker Karma, but this new video that just dropped with Tesla Model S designer, Franz von Holzhausen, might just be the game changer for me. Watch this….the potential makes my heart beat.