Thursday, November 6, 2008

Funds infusion for electric-car company

The Christian Science Monitor's Horizons blog writes about the funding infusion of $40 million into the Tesla electric-car company.

Tesla didn't disclose the investors but hope the money will keep their eco-friendly cars in business.
"The new funding will accelerate production of the Roadster (pictured above), a sporty all-electric and heart-throb for alt-energy proponents. While there’s huge interest in the $109,000 car, Tesla has only been able to deliver on about 50 of the 1,200 orders."
Read the full story: Tesla hopes its cars can electrify industry

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