Tesla can't get funding, postpones plans to build new factory


Looks like Tesla's decision to jack up options pricing on the Roadster to make the company's financials more enticing to investors didn't necessarily pay off: the company failed to score the required $100m in private funding needed to start building that new factory and HQ in San Jose. The new plan is to request some $400m from the government's Advanced Technology Vehicle Manufacturing Program and spend it on both the planned facility and an advanced battery and powertrain lab -- which might mean Tesla would have to move elsewhere, since the ATVM requires the money to be spent rehabilitating an older factory. We'll see how this one plays out -- although we're still in love with the Roadster, Tesla itself always seems to be one stroke away from catastrophe.


[Via: Gearlog ]
[Tag: tesla, tesla motors, tesla roadster, TeslaMotors, TeslaRoadster ]

2009 Porsche Boxster S

Symptoms of a split personality usually call for a visit to the shrink. But at Porsche, vacillating between mid-engine and rear-engine convictions has proven healthy for the soul.Sixty years ago, when Dr. Ferdinand Porsche and his son Ferry collaborated on their first production model, the goal was to exploit lessons they had learned racing mid-engine Auto Unions. When that didn't pan out, the Porsche 356 arrived with a rear-engine layout that was subsequently passed on to the immortal 911. Then in 1953, Ferry was finally able to scratch his mid-engine itch in the 550 Spyder, Porsche's first racing car. That branch of the family tree still thrives in the RS Spyder that won last year's American Le Mans LMP2 championship.For its roadgoing models, Porsche uses trickle-down technology to feed its schizo habit. The new engine and PDK (Porsche Doppelkupplungsgetriebe) dual-clutch transmission recently introduced for the 911 arrive wrapped in modestly face-lifted Boxsters and Caymans this March. As a preview of coming attractions, Porsche offered us a few hot laps in one Boxster S around Willow Springs Raceway's tight Streets of Willow course.Consider this the second coming of the 987-series platform that Porsche introduced in 2005. While the body and the chassis are largely carryover, new lamps and fascias provide a fresh appearance and improved night visibility for the Boxster/Cayman quartet. Inside, the 911 dash and console upgrades play here nicely, albeit in a cost-conscious form.There are power and tech upgrades galore. Larger front brake rotors and a six-speed manual transmission are now standard. The seven-speed PDK automatic, which costs an extra $3420, gives two-pedal owners better control, improved acceleration, higher cruising mileage, and a launch mode for smoking the rear tires.The base Boxster and Cayman receive power and displacement bumps, while S-model engines clear the 300-hp hurdle for the first time thanks to direct fuel injection, a higher compression ratio, lighter moving parts, and reduced friction. The 3.4-liter flat six's redline has been raised to 7400 rpm.Willow provided an excellent refresher about why we love Boxsters old and new. They're light on their feet, impeccably balanced, and easy to drive to and through the limits of adhesion. Compared with their big brothers (911s), the steering is more communicative and the tail is less likely to pass you by when control is relinquished to Sir Isaac Newton. A new limited-slip differential working in conjunction with revised suspension calibrations enables heavier corner-exit throttle tromping without wobble or wheel spin.

[Via: Automobilemag ]
[Tag: ]

Stock Car Racer: Scott Speed - Speed Freak

NASCAR Sprint Cup drivers come in three basic flavors: You've got the good ol' boys, who never met a piece of syntax they couldn't mangle. You've got the corporate shills, who never met a product they couldn't hawk. And then there's Scott Speed, the open-wheel refugee with the name - and backstory - that's almost too good to be true.

[Via: Automobilemag ]
[Tag: ]

2008 Mitsubishi Lancer Evolution MR- Four Seasons Update - January 2009

Our 2008 Mitsubishi Lancer Evolution has logged 16,289 miles during its six months in the Automobile Magazine test fleet. Predictably, staffers spent some time lamenting the Evo's SST transmission and keep wishing for a six-speed manual (as we usually do when we have a test vehicle with a DSG-style transmission). But when the snow started falling, Marc Noordeloos found a few kind words; "I've finally found a driving environment where I like the EVO's dual-clutch gearbox; 'rallying' through the snow." The rapid shifts allow the engine to stay in the sweet spot of its powerband and allow a driver to concentrate on the road.Evos are supposed to be good for work and play, but Jason Cammisa found the Evo to be a less than desirable travel companion on a recent trek to Pittsburg; "highway cruising range (200 miles) is unacceptable, and it's made possible by horrendous, disgusting, and inexcusable fuel consumption." Jason recorded about 16.3 mpg and he was mostly cruising on the highway for 715 miles. We don't mind the ridiculous fuel consumption during extended bouts of drifting and playing on gravel roads, but it's almost laughable to think of taking the Evo on an extended trip with such a short range.Though the Evo has largely been trouble-free, we managed to damage a wheel and discovered a replacement for the stock wheel cost $950. Hey, Mitsubishi dealers have to make their money somewhere. There have also been reports of the radio/navigation unit not displaying anything for up to 15 minutes on extremely cold days. No other vehicles in our fleet had this problem with touch-screen displays.Nobody argues about the ride quality, handling, or wonderful Recaro seats, but the radio, fuel consumption, and small trunk make the Evo far from perfect. If you're in the mood for a spirited drive this is your car. Those looking to mix work with pleasure find the car to be too hardcore for everyday life and, ironically, a bit too soft when compared with the previous Evos if you really want to hammer on it. Check back at automobilemag.com next month to see what we do with the Evo and if our opinion of the car changes.

[Via: Automobilemag ]
[Tag: ]