Michael Kanellos
Why is Tesla putting its sedan factory in California? There are ten million reasons.
The incentives provided by the State of California to the car company come to about $10 million dollars, state Treasurer Bill Lockyer told me. Most of the incentives come in the form of tax holidays. (I had to duck under some black [...]
Michael Kanellos
Tesla Motors chairman Elon Musk is serious about getting beyond sports cars.
At a press conference with California Governor Arnold Schwarzenegger, Tesla co-founder and chairman Elon Musk said the company has an ongoing program to produce an all-electric car that will cost under $30,000. It probably take “four years at most” to get such a car [...]
Eric Wesoff
Scenario 1: Let’s say you’re a newly funded silicon solar startup and want to experiment in the wafer manufacturing process. You go to your VC investors and ask them for $25M to buy and install a small silicon wafer production line.
Scenario 2: Let’s say you’re a process development engineer at an existing, up and running [...]
Michael Kanellos
Tesla Motors will later today announce a “significant development” in their plans for a four-door passenger sedan, and the special guest is Arnold Schwarzenegger.
That could mean that Tesla will manufacture a significant portion of the car in California. Tesla, like a lot of green tech companies, has shopped around its plans for a factory to [...]
Daniel Englander
The second quarter sucked. For a lot of reasons. If you were a VC, it’s more than likely you woke up once or twice in a cold sweat wondering if those lignin-to-hydrogen and supercapacitor companies you funded were really the best place to put $80 million. And maybe for a brief moment this Saturday morning, [...]
Michael Kanellos
First, Applied Materials made it easier for individuals to get into the solar business by offering to build them ready-to-run factories.
Now, SVTC Technologies, at one time a division of Cypress Semiconductor, is getting into the act. The company, which offers research and design services for chip makers, will now offer prototyping and research services for [...]