Report: Obama’s proposed budget calls for upping plug-in vehicle tax credit to $10,000

d3f1f obama with advisors Report: Obamas proposed budget calls for upping plug in vehicle tax credit to $10,000

As a candidate, Barack Obama promised to try and get a million plug-in vehicles on U.S. roads by 2015. In his State of the Union address in 2011, he repeated that number and proposed turning the $7,500 tax credit into a point-of-purchase rebate. That hasn’t yet happened, but in the President’s proposed budget that was released this week, Obama took another stab at promoting plug-ins: upping the maximum credit to $10,000.

To go along with pushing PHEVs, the budget calls for cutting more subsidies that Big Oil currently enjoys. Of course, the President’s political opponents quickly called the proposal nothing more than a “campaign document” that would divide America. Others are proposing that the PHEV tax credit be eliminated entirely.

Getting to a million plug-ins in four years will be tough. Last year, the top two plug-ins, the Chevrolet Volt and the Nissan Leaf, sold just 17,345 units, combined. Add in sales of the Tesla Roadster and the new Mitsubishi i, and that leaves 980,000 or so to go. Do you think an extra $2,500 off the price of the car – plus more models to choose from – will do the trick?

Obama’s proposed budget calls for upping plug-in vehicle tax credit to $10,000

    



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    Autoblog Podcast #269

    Chicago Auto Show recap, Tesla Model X, BMW M6, Toyota Prius C

    autoblog podcast logo

    Episode #269 of the Autoblog Podcast is here with Chris, Dan, and Autoblog Green’s Sebastian Blanco. Topics include a quick recap of the Chicago Auto Show, some chatter about the Tesla Model X and BMW M6, and we finish up with the Toyota Prius C. Your questions and comments power the end of the ‘cast, and for those of you who hung with us live on our UStream channel, thanks for taking the time. We’ve embedded our Q&A module after the jump for you to scroll through and follow along, too. Thanks for listening!

    Autoblog Podcast #269:

    In the Autoblog Garage
    2012 Honda CR-V
    2012 Dodge Durango Citadel
    2012 Toyota Camry Hybrid
    2012 Buick Verano

    Hosts: Dan Roth, Chris Shunk, Sebastian Blanco

    Runtime: 01:08:32

    Get the podcast
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    Email: Podcast at Autoblog dot com

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    Continue reading Autoblog Podcast #269

    Autoblog Podcast #269

        



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      Official: Tesla takes 500 Model X reservations worth $40M, Model S sales also spike

      tesla model x s

      If the prevailing opinion of a new design can be judged by initial sales, then the jury is in on the Tesla Model X. They like it. They really, really like it. From the time the electric crossover was driven out on stage at Tesla Design Studios late Thursday night/early Friday morning until Valentine’s Day four days later, the company says it has received over $40 million worth of reservation love.

      What that means is that over 500 people have plunked down a significant amount of cash – $5,000 for regular production version or $40,000 for a Signature package – to reserve a vehicle that won’t even begin serious production until 2014. Think about that for a moment. Nobody, except a lucky few employees, has even driven the X prototype. Hell, barely anyone has ever taken the wheel of the Model S, with which it shares its platform.

      While some of the orders did come from people switching their Model S reservation to the X, Tesla says sedan sales weren’t cannibalized. In fact, the company says, sales of the S saw a boost of 30 percent following the big event.

      Another indication of sentiment for publicly traded companies like Tesla Motors (TSLA) is its stock price. If you panicked and sold off shares a month ago when the price plunged 20 percent on news of the departure of a couple personnel, you may want to begin kicking yourself now. (Go ahead, we’ll wait.) From that $22.79 low, it has climbed to $33.17 (as of this writing). Now, we’re not financial experts, but that would seem to indicate that the market likes the company’s outlook.

      Make your way past the break to read the press release and, if you were unable to see the live presentation of the Model X on Tesla’s website, we have that official footage waiting there as well.

      Continue reading Tesla takes 500 Model X reservations worth $40M, Model S sales also spike

      Tesla takes 500 Model X reservations worth $40M, Model S sales also spike

          



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        Spy Shots: 2014 BMW i8 caught with its doors open

        2014 BMW i8

        Judging by the recent spate of i8 spy shots, BMW is cranking away on the plug-in supercar to make sure its primped and ready for its on-sale date in 2014.

        However, one thing appears to be missing: the glass panel that extends down past the coupe’s belt line. That same design element – which BMW billed as feature for urban driving – probably won’t make it to the i8’s little EV brother, the i3, either.

        But one element that appears to be making the leap from concept to production is the i8’s butterfly doors. We’ve seen them on both the original concept and the follow-up from last year, not to mention its cameo in the last Mission Impossible installment. Now we have photographic proof that the i8’s doors will flip up and out, similar to the Ferrari Enzo and past McLarens (both the F1 and SLR). And since the doors appear to open just passed the roof, BMW won’t have to resort to the same explosive charges Mercedes-Benz has to employ on the SLS AMG.

        2014 BMW i8 caught with its doors open

            



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          Submit your questions for Autoblog Podcast #269 LIVE

          Autoblog Podcast

          We record Episode #269 of the Autoblog Podcast tonight, and you can drop us your questions via our Q&A module below. We’re joined by Sebastian Blanco tonight, so now’s your chance to pepper us with those Green-focused questions and topics. Check out our discussion topics or chime in to help determine what else the crew chats about this evening. Subscribe to the Autoblog Podcast in iTunes if you haven’t already done so, and if you want to take it all in live, tune in to our UStream (audio only) channel at 10:00 PM Eastern tonight.

          Discussion Topics for Autoblog Podcast Episode #269

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          Voices Heard Media

          Submit your questions for Autoblog Podcast #269 LIVE

              



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            Official: Toyota to export Highlander from U.S. to Australia, Russia

            toyota highlander export

            Toyota is struggling with the rising yen, so much so that the automaker has been shifting vehicle production outside of Japan. That’s bad news for laborers in Japan, but it works out in favor of the American workforce in Princeton, Indiana.

            That’s because Toyota has announced that it will hire 400 more workers and spend $400 million to ramp up production of the popular Highlander. Toyota plans to ship off the extra production to buyers in countries like Russia and Australia. The plant expansion and additional jobs will enable the Princeton plant to crank out 50,000 additional Highlander models each year.

            Toyota plans to complete the upgrades to the Princeton facility by late 2013. Hit the jump to read over the Toyota press release.

            Continue reading Toyota to export Highlander from U.S. to Australia, Russia

            Toyota to export Highlander from U.S. to Australia, Russia

                



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              Followup: Key deadline arrives Saturday in Honda Civic Hybrid lawsuit

              619ba hondahybridsuit.c4869cd09f1d41138b5ecd4cb9d3dd53 opt Followup: Key deadline arrives Saturday in Honda Civic Hybrid lawsuit

              A California woman beat Honda in small-claims court last week, receiving nearly $10,000 in damages after getting lower-than-advertised fuel economy in her Civic Hybrid. Early next week, we may have a better idea of how many people intend to follow her lead.

              A key deadline arrives Saturday that affects all U.S. residents who bought a Civic Hybrid between 2003 and 2009. Those owners are considered part of a class-action lawsuit regarding the fuel-economy issue – unless they opt out of the case by Saturday.

              Owners who opt out will not be entitled to the expected settlement of up to $200 and a coupon off their next Honda purchase. But opting out preserves their right to go it alone in court, as Heather Peters did, and seek a more substantial payout.

              In order to opt out, owners must send a certified letter to the settlement administrator postmarked no later than tomorrow. More information can be found at hchsettlement.com.

              Automakers, legal experts and consumer-rights advocates are all keeping an eye on what happens in the class-action suit, both in terms of how the case is settled and how many people forgo a smaller settlement with the intent of filing individual cases.

              Key deadline arrives Saturday in Honda Civic Hybrid lawsuit

                  



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                Video: There’s only one thing to do when the Nürburgring is covered in snow…

                Nurburgring in the Snow

                There’s something undeniably enthralling about watching a vehicle perform outside of its intended element. It’s why we love seeing semi tractors weaving their way around a road course and rally cars bashing down a rock-strewn desert path. It’s also why watching a Formula car dash around the snow-covered Nürburgring paints a big ol’ smile on our faces.

                When winter weather recently set in on Green Hell, Andy Gulden, the chief instructor for the Nürburgring Driving Academy went out to have a little fun. After a quick tire change, Gulden and the Formula racer were happy as could be flicking around the infamous track.

                Gulden doesn’t hold back on the accelerator as he tackles the course, either. Fortunately for us, he was kind enough to strap a few cameras to the car before he rolled out of the garage. The resulting video is a look at the Nürburgring as you’ve likely never seen it before. Hit the jump to check out the clip for yourself.

                Continue reading There’s only one thing to do when the Nürburgring is covered in snow…

                There’s only one thing to do when the Nürburgring is covered in snow…

                    



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                  First Drive: 2012 Toyota Prius C [w/video]

                  Baby Of The Family Will Play A Big Role

                  d6c69 13 2012 toyota prius c fd opt opt1 First Drive: 2012 Toyota Prius C [w/video]

                  Toyota’s new 2012 Prius C doesn’t look like a math problem, but that’s what it is.

                  Hidden behind its attractive hatchback body and Toyota Synergy Drive hybrid powertrain, the Prius C is just a bunch of numbers. Numbers like the car’s miles per gallon rating, its MSRP, how many can be produced and how many Toyota hopes to sell. Toyota ran these numbers through its “Do we build it?” formula, which is what caused the Prius C to come into being, but the good news is that this smallest of Prii adds up to more than what was put into it, and even introduces a bit of fun to the appliance-like Prius driving experience. Not much, mind you, but enough that its target audience – young people who want to buy the most efficient gas-powered vehicle on the market today – should take notice.

                  Here are some of the calculations that Toyota is making for its new Prius family. Instead of selling 136,463 “normal” Prius Liftbacks as it did last year (down from 140,928 in 2010), the Japanese automaker believes that three new models – the bigger V, the smaller C and the Plug-In version – will push cumulative Prius sales up to 220,000 in 2012 and then go up from there.

                  Last year, Toyota’s group vice president for U.S. sales, Bob Carter, said he expects the Prius to be the automaker’s number one nameplate by 2020. Sure, the Prius continues to sell well in green car circles and has been the best selling car in Japan for a year and a half, but for Carter’s statement to come true, the Prius family would have to outsell the almighty Camry. Think about that. Think about the ambition – and challenge – behind those words. This is the equation that the Prius C needs to solve.

                  Continue reading 2012 Toyota Prius C [w/video]

                  2012 Toyota Prius C [w/video]

                      



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                    Study: New vehicles 14% more fuel efficient than four years ago

                    Ford Capless Fuel Filler

                    It’s amazing what a little regulation can do for an industry. In the past four years, the fuel economy of new vehicles has improved by an average of 14 percent, according to a new study by the University of Michigan. This increase comes on the heels of big hikes in the Corporate Average Fuel Economy, which Congress raised in 2007 for the first time in decades. Since then, CAFE has been set at 34.1 miles per gallon by 2016, and a new proposal that’s pending would raise the fuel economy standard to 54.5 mpg by 2025.

                    The Michigan study showed that the average fuel efficiency of 2012 light-duty vehicles on the market was 21.5 mpg, up from 18.9 in 2008. Adjusted for the vehicles that are actually purchased, the number is even higher, with 2011 coming in at 22.5 mpg. Researchers say that shows that consumers are buying models with better fuel economy.

                    The biggest efficiency improvements over the past four years came from diesels, which jumped 9.8 mpg, likely as a result of more diesel passenger cars being offered. Hybrids, oddly enough, saw their average fuel economy drop by 3 mpg’s, no doubt because of a number of larger and thirstier hybrids hitting the market, like the Porsche Cayenne S Hybrid.

                    Click past the jump to read the full press release.

                    Continue reading New vehicles 14% more fuel efficient than four years ago

                    New vehicles 14% more fuel efficient than four years ago

                        



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                      Official: More on Tesla Model X crossover EV unveiled; set for late ‘13 launch

                      14c39 modelx20 Official: More on Tesla Model X crossover EV unveiled; set for late 13 launch

                      The all-electric Tesla Model X crossover was unveiled at a red-carpet, velvet-rope style event at the Tesla Design Studios in Hawthorne, CA tonight, with company co-founder Elon Musk confirming that the Model X will start production late next year and that full production is expected in 2013.

                      With luminaries such as California Gov. Jerry Brown in attendance and a post-announcement concert by Foster the People, Musk presented a CUV that, as rumored, has so-called “falcon-wing” doors that are similar to those of the old gull-wing vehicles but bend in the middle, allowing them to be opened in tight spaces while offering better access to the rear and third row of seats. Musk said the Model X, which is expected to be priced similar to the $57,500 Model S sedan set to debut this summer, can go from 0 to 60 miles per hour in 4.4 seconds, or 0.2 seconds quicker than a Porsche 911. The vehicle, which Musk says can seat “seven real adults,” actually has front and rear electric motors that instantaneously shift power from one to the other to maximize traction, Musk said. He added that the CUV’s turning radius was comparable to that of a Mini Cooper.

                      Musk, speaking to an enthusiastic crowd of about 1,000 people, touted the Model X as having, “more room than a minivan, more style than an SUV and more performance than a sports car.” Indeed, with no internal combustion engine, the vehicle has substantial rear cargo space behind the third row of seats as well as a “frunk” in front of the car (which provided the evening’s only glitch with a sticky latch. See video of that after the jump). Musk said that the “frunk” has the same storage space as the rear cargo area of an Audi Q7. Musk should know, since he owns one.

                      Musk also said Telsa will start deliveries of the Model S sedan – upon which the X is based – “no later than July” and will start taking online reservations for the Model X at noon Pacific time Friday. Tesla is expected to produce between 10,000 and 15,000 Model X units a year starting in 2014.

                      Continue reading More on Tesla Model X crossover EV unveiled; set for late ‘13 launch

                      More on Tesla Model X crossover EV unveiled; set for late ‘13 launch

                          



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                        Breaking: Tesla Model X revealed

                        tesla model x

                        Here it is, the Tesla Model X, the CUV prototype version of the Model S.

                        We’ll have more details live from California soon, but here’s what we know at the moment. The Model X can hit 0-60 in 4.4 seconds, will cost around the same as the Model S, and it has those cool “falcon” gullwing-like doors.

                        With the batteries housed in the same low skateboard as the S, the X has a lot of space. Since the CUV doesn’t need a combustion engine, there are actually two trunks: one in front and one in the back. This means, Elon Musk said at the unveiling today, that the Model X can fit seven people and their luggage. The X will also feature all-wheel drive and come with a range of battery options, but we knew this already. The X is heavier than the S and will therefore offer around 10 percent less range from the same 40-, 60- and 85-kWh battery packs that the S uses. It’s price will begin around $50k after tax credits, but will rise close to $90k with the largest battery pack and all the trimmings ordered.

                        Tesla will start taking reservations at noon PST February 10th (i.e., later today). Oh, and Tesla is going to offer a fourth model, to be revealed in around two years. More to come.

                        Tesla Model X revealed

                            



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                          Chicago: 1954 Mercury XM 800 Concept is retro-cool in execution, detail and design

                          1954 Mercury XM 800 Concept

                          The true jewels of most auto shows are often hidden, requiring a bit more legwork to find. During our third pass of the Chicago Auto Show, we stumbled upon a display from the Classic Car Club of America. Tucked away in a corner behind low aluminum railing, we found a stunning full-size two-door hardtop: the 1954 Mercury XM 800 Concept.

                          When it was first introduced at the 1954 Detroit Auto Show, the XM 800 made quite an impact. Mechanically speaking, it was fitted with a 312 cubic inch engine rated at 270 horsepower. A Ford-O-Matic automatic transmission, sending power to the rear wheels, was standard. Its design was noted for an expansive greenhouse offering passengers an almost 360-degree outside view. Benson Ford, running the Lincoln-Mercury Division at the time, pushed for the XM-800’s basic design to be added to the Mercury lineup. The plan to move forward was only extinguished because the automaker switched gears to work on Edsel.

                          The fiberglass XM 800 traveled extensively in 1954 and 1955, making appearances at most major car shows and special exhibitions (including the Chicago Auto Show). It even had a featured role in Hollywood, appearing in the 20th Century Fox production Woman’s World. In the late 1950s, the concept car was gifted to the University of Michigan’s Automotive Engineering Lab to be used for training and design inspiration. Ten years later, the Mercury ended up in storage outside a barn on a farm in central Michigan. Thankfully, the deteriorating concept car caught the eye of an enthusiast who purchased it and began a 20-year frame off, nut-and-bolt restoration.

                          Today, the 1954 Mercury XM 800 is considered to be one of the most significant concept cars ever produced. It recently sold at the RM Auction for $429,000. Check out the press release for its interesting history and our gallery for some beautiful design.

                          Continue reading 1954 Mercury XM 800 Concept is retro-cool in execution, detail and design

                          1954 Mercury XM 800 Concept is retro-cool in execution, detail and design

                              



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                            Official: 2013 Mitsubishi Outlander revealed, will debut in Geneva

                            2013 Mitsubishi Outlander

                            Remember when we said that the Mitsubishi Concept PX-MiEV II (worst name ever) shown in Tokyo was basically the next Mitsubishi Outlander? We weren’t lying. The 2013 Outlander will debut next month at the Geneva Motor Show, and Mitsubishi has released the first photo of the new crossover. What’s more, the fancy PX-MiEV II concept apparently wasn’t a vaporware showcase; Mitsubishi says that a plug-in hybrid version of the Outlander will join the roster later in 2012.

                            The Euro-spec Outlander launches this summer with 2.0-liter gas and 2.2-liter turbodiesel power, three seating rows, and an eco-driving coach feature designed to help drivers eke out the best possible fuel economy. Furthermore, the diesel version will offer an automatic start-stop feature to help maximize efficiency and minimize emissions.

                            Available driver aids include Forward Collision Mitigation, Lane Departure Warning, and Adaptive Cruise Control systems. There’s not much else to tell right now, other than that Russia gets the new Outlander first, followed by a global rollout that includes North America. Follow the jump to read the press release, and click the image above to see a larger version.

                            Continue reading 2013 Mitsubishi Outlander revealed, will debut in Geneva

                            2013 Mitsubishi Outlander revealed, will debut in Geneva

                                



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                              Official: Toyota prices 2012 Prius C under $19K*

                              Toyota Prius C

                              During the Detroit Auto Show, Toyota said the new Prius C would start at under $19,000. Today, we learn that this is like a lesson from Obi-Wan: what Toyota told us was true, from a certain point of view.

                              The base level Prius C One’s MSRP is indeed $18,950, but that doesn’t include a $760 destination charge, and you can easily spend north of $23,000 for the top-of-the-line Prius C Four. Still, that’s a raging deal for a car estimated to get a fuel economy rating of 53/46/50 miles per gallon (city/highway/combined) from the EPA. As Toyota is quick to point out, those numbers make the C the, “highest rated city fuel economy of any vehicle without a plug.”

                              As you might have surmised, there will be four trim levels for the Prius C and, unsurprisingly, some of the best features are only available on the upper ends. The Four, for example, is the only version that has fog lights and that can be optioned with 16-inch, eight-spoke alloy wheels (all others make due with 15-inchers). Also, neither the One, Two or Three can be equipped with an important cold-weather feature: heated front seats. At least things like automatic climate control, Bluetooth phone controls and remote keyless entry all come standard. The Prius C goes on sale in March. Full details in the press release after the break.

                              Continue reading Toyota prices 2012 Prius C under $19K*

                              Toyota prices 2012 Prius C under $19K*

                                  



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                                Chicago: Kia Track’ster concept is a self-contained 250-hp AWD track star

                                8731a kia trackster concept opt Chicago: Kia Trackster concept is a self contained 250 hp AWD track star

                                It’s not like we needed any more reason to like the Soul, but Kia went ahead and debuted the Track’ster concept at the 2012 Chicago Auto Show anyway. The Track’ster is a three-door, all-wheel-drive, 250-hp version of the cute and quirky urban Soul that we hope gets green lights all along its road to production. That’s wishful thinking, but follow along to find out why we want the Track’ster made so badly.

                                The Track’ster eschews a back seat in favor of a “fully integrated equipment tray and spare-tire well.”

                                To date, the Soul has been anything but a performance machine. The Track’ster changes that in a big way by eschewing not only a pair of doors, but also the back seat in favor of what Kia describes as a “fully integrated equipment tray and spare-tire well.” This tray is designed to house helmets, race suits, gloves, tools and all the accoutrement that goes with being a serious track rat.

                                The idea for the Track’ster is to run what your brung, so while the car itself carries everything you need to race, it also needs to move with enough hustle that you’re not embarrassed behind the wheel. To that end, Kia has fitted the concept with a turbocharged 2.0-liter four-cylinder producing 250 horsepower that gets dissected by a six-speed short throw manual transmission and further divided among all four 19-inch wheels by an all-wheel-drive system.

                                Despite the lack of rear doors, the Track’ster sports a wheelbase nearly an inch longer than the Soul and a 75.5-inch rear track that stretches nearly five inches wider. Likewise, its braking system is also extra strength with 14-inch Brembos clamped by six-piston calipers up front and 13.6-inch discs with four-piston calipers in back. Of course, the interior has also been done up for concept duty, but not so much that it’s outside the realm of possibility.

                                The Track’ster is one of those concepts that occupies a space just near enough reality that we believe it, or something like it, could be be produced if the proletariat buying regular old Souls screamed loudly enough. Let us just say, AHAHAHAHAHAHAHAHAHAHAHAHAHAH!

                                Continue reading Kia Track’ster concept is a self-contained 250-hp AWD track star

                                Kia Track’ster concept is a self-contained 250-hp AWD track star

                                    



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                                  Rumormill: Mercedes says no to hi-po diesels, may greenlight 911-fighter

                                  Mercedes-Benz emblem

                                  Mercedes-Benz has no interest in pursuing BMW down the diesel performance rabbit hole, according to Autocar. The publication spoke with Ola Kallenius, chairman of the board of management at Mercedes-Benz AMG, who said the company explored the idea of performance diesels in the past and found the concept too fraught with compromises to be worthwhile. Kallenius said gasoline engines have obvious advantages when it comes to weight, sound, agility and response. The AMG guru also pointed to the fact that the company’s modern performance engines have borrowed considerable diesel technology, including direct injection and turbocharging, to reach their current power and efficiency levels.

                                  In a separate report, Kallenius was quoted as saying it would be wise to grow the AMG brand after the success of the SLS AMG coupe and roadster. Rumors have indicated a machine capable of giving the Porsche 911 a run for its money around the world’s race tracks may be in the cards, but Kallenius said no final decision has been made about growing the performance arm’s ranks just yet. Still, the boss didn’t outright nix the idea, so there’s some glimmer of possibility there, however thin.

                                  Mercedes says no to hi-po diesels, may greenlight 911-fighter

                                      



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                                    Video: Cadillac ATS earns GM another Most Watched Ad Ever title

                                    3736a 2013 cadillac ats 016 opt Video: Cadillac ATS earns GM another Most Watched Ad Ever title

                                    When spending big dollars on a Super Bowl ad buy, companies would do themselves well to remember that the successful spots aren’t just the ones being talked about the next day. The ads that more eyeballs actually saw while watching the game were also worth their weight in focus groups.

                                    For the second year in a row, General Motors is claiming that it aired the most watched ad during the most watched event in U.S. TV history. We are speaking of the 30-second spot entitled “Green Hell” featuring the Cadillac ATS that aired during the game’s most tense moments, right after the official two-minute warning was reached. The time was 9:37 PM EST and, according to analysis by Kantar Media, more people were watching NBC’s broadcast at that time than any other.

                                    And since this year’s Super Bowl was again viewed by another record audience – 111.3 million viewers in the U.S., not to mention over a billion worldwide – the ATS ad therefore becomes the most watched advertisement on television in U.S. history.

                                    We said this is the second time that GM has claimed this crown. The first was with last year’s Camaro commercial called “Miss Evelyn.” To see the two most watched spots in U.S. television history back-to-back, just follow the jump.

                                    Continue reading Cadillac ATS earns GM another Most Watched Ad Ever title

                                    Cadillac ATS earns GM another Most Watched Ad Ever title

                                        



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                                      Report: Fisker lays off employees, halts production while renegotiating DOE loans

                                      fisker karma

                                      This isn’t good. The Associated Press is reporting that Fisker Automotive has stopped production of the Fisker Karma and laid off 26 Delaware employees and 40 contractors in California. The carmaker is reportedly looking to conserve cash while attempting to renegotiate loans granted by the Department of Energy.

                                      Fisker originally signed on for a $529 million loan, of which only $193 million has been received. Fisker reportedly cannot get at the remaining funds, which are earmarked for the delayed Nina project, because the automaker failed to meet Karma sales targets that were a condition of the loan. A few days ago, Fisker lowered its sales expectations for the $100,000 Karma to a still very lofty 10,000 units in 2012.

                                      Fisker spokesman Roger Ormisher told the AP that the automaker is hoping for a speedy resolution to its cash crunch. We hope so too, or Fisker could be in a heap of trouble.

                                      Fisker lays off employees, halts production while renegotiating DOE loans

                                          



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                                        Tesla Model X to have … "falcon" doors?

                                        Tesla Model X silhouette with falcon asking,

                                        If you’ve been following the story of the soon-to-be-revealed Tesla Model X, you’re likely aware that the all-electric crossover is said to be quicker than a Porsche 911, offer more interior space than an Audi Q7 and come with all-wheel drive (at least as an option). Also, if the teaser image is any indication, it should be pretty svelte.

                                        What you might not know is that the feature likely to garner the most initial attention are its unique doors. Specifically, “falcon” doors. While we suspect front passengers will gain entrance to the vehicle in the traditional way, the rear portals will be decidedly different. CEO Elon Musk intimated as much when he recently tweeted, “The most interesting view of the Model X is really with the doors open.”

                                        So, what are falcon doors? Having seen photos of the Model X, Theo O’Neill of Wunderlich Securities explains that they “lift up and fold – like the wing of a bird,” pivoting from the top. Apparently, this will help the Model X achieve its “functionality of a minivan” mandate, allowing easy access to attend to child car seats and such.

                                        Though we can really only begin to decide whether this configuration is a stroke of genius or too clever by half after the official reveal on February 9 at 8:00PM, we suspect some of you might already be forming opinions. Feel free to share with the rest of the class in the comments.

                                        Tesla Model X to have … “falcon” doors?

                                            



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