October 21, 2011 |
In 2006, when director Chris Paine released "Who Killed the Electric Car?" the story of GM's short-lived, battery-powered EV-1, the villains were many, but consumer apathy played its role. With "Revenge of the Electric Car," Paine's entertaining follow-up, top GM exec Bob Lutz gives much credit for the company's 180 to consumer outrage. Wall Street might want to take notice of how quickly tides can change. "Revenge" follows the three-way race between GM, Nissan and Silicon Valley rogues Tesla Motors to bring an electric model successfully to market by centering on the three biggest personalities involved: Lutz, Nissan head Carlos Ghosn and Elon Musk, the PayPal mogul behind Tesla who goosed GM into action with his sexy gas-free sports car. Invited "behind enemy lines" as narrator Tim Robbins intones, by GM themselves in 2007, the filmmakers gained access across the board by promising not to release the film until the cars hit showrooms in 2011.
CALIFORNIA | LOCAL
April 25, 2013 |
Should the state play a role in preventing obesity among its residents? State Sen. Bill Monning (D-Carmel) has introduced legislation that would levy a 1-cent-per-ounce tax on sweetened beverages, including sodas, as part of an effort to fight obesity among young people, The Times' Patrick McGreevy reported. The measure is meant to discourage people from consuming sweetened drinks, and the money collected would pay for a statewide childhood obesity prevention program through a Children's Health Promotion Fund.
May 10, 2013
Re "Tesla drives state credits to the bank," May 6 Tesla Motors is an example of an innovative, homegrown California industry. It is building ultra-clean cars and providing employment for 2,800 people in a formerly abandoned car factory. This success is not being subsidized by other car companies. Car manufacturers are not required to purchase credits (which Tesla can sell to its competitors), nor does the state's Air Resources Board establish a price. The credits are entirely an opportunity to provide additional flexibility to car manufacturers to comply with a program whose ultimate goal is to support the commercialization of cutting-edge clean technology vehicles, and ensure that we get as many of them as possible on our roads and highways as fast as possible.
April 19, 2013 |
Guests at the ASCAP Pop Music Awards in Hollywood on Wednesday were told that the dress code was "creative black tie. " That left a lot of fashion running room, and the musical crowd turned up in such attire as evening gowns and black jeans, Ellen Olivier of Society News L.A. reports. RaeLynn of "The Voice" wore a fun cocktail dress with corset by designers Ani & Ari. [Society News L.A.] Adidas, which helps sponsor the Boston Marathon, has unveiled a limited edition T-shirt that will be sold to benefit the One Fund Boston , established to help people affected by the bombings on Monday.
September 13, 2013 |
The gig: Lyndon Rive, 36, chief executive of SolarCity Corp., a company co-founded in 2006 with his older brother, Peter, that helped popularize a new direction in residential solar power development. The San Mateo, Calif., company installs solar panels for homes, businesses and government entities. But instead of selling the panels to the customer, SolarCity usually retains ownership of them and sells the electricity to the client. That cuts out much of the upfront cost involved with going solar.
July 9, 2013 |
Tesla Motors Inc., will join the Nasdaq 100 stock index beginning Monday to fill the spot of computer technology company Oracle Corp., which announced last month it would move to the New York Stock Exchange. Headed by Elon Musk, the billionaire also responsible for PayPal and SpaceX, Tesla manufactures high-end electric cars. The Palo Alto company's Model S sedan starts at $62,200 and can exceed $100,000 with modifications. The automaker reported selling 8,931 cars in the first half of 2013.
CALIFORNIA | LOCAL
April 24, 2013 |
Elon Musk quips that it's easier getting rockets into orbit than navigating his commute between home in Bel-Air and his Space Exploration Technologies factory in Hawthorne. "The 405 … varies from bad to horrendous," said Musk, who also co-founded PayPal and Tesla Motors. "It just seems people in Los Angeles are being tortured by this. … I don't know why they aren't marching in the streets. " The massive project to widen the 405 Freeway is not only causing traffic nightmares for motorists like Musk but has also been plagued by cost overruns and delays.
June 29, 2013 |
Tesla Motors' fight over direct sales went grass-roots earlier this month with the launch of a petition to allow straight-to-consumer transactions in all 50 states. The Palo Alto maker of high-end electric cars has been in a tussle with traditional dealers in several states over its standalone sales model. Dealers and their advocates say Tesla is breaking state laws that require automakers to sell cars through franchise dealerships. The petition from Telsa backers argues that state politicians should stay out of a simple transaction between willing buyers and sellers.
November 29, 2005 |
The maiden flight of a new rocket designed to slash the cost of sending satellites into orbit has been rescheduled for mid-December after the maiden launch was scrubbed Saturday because of technical glitches. Space Exploration Technologies Corp., also known as SpaceX, a fledgling El Segundo rocket maker founded by Silicon Valley entrepreneur Elon Musk, hopes to shake up the aerospace industry with its Falcon 1 rocket.
March 21, 2007 |
Falcon 1, a rocket built by El Segundo-based SpaceX, became the first privately funded spacecraft to achieve orbital height, reaching an altitude of 190 miles Tuesday before a control problem sent the vehicle hurtling back to Earth. The liquid oxygen-kerosene fueled rocket performed flawlessly for several minutes after its launch about 6:15 p.m. PDT from Kwajalein Atoll in the South Pacific. "Come on baby," a ground controller said as the 70-foot rocket rose from its pad.