article thumbnail

Tesla shareholder sells home to load up on stock, and it’s already paying off

Teslarati

“It was just too cheap to ignore. “I ordered a Model S in 2011 and took delivery in 2013. Still, I’m starting to look for something to build and do with my time, so I’m exploring areas such as machine learning, finance, and philosophy in addition to my ongoing Tesla research. I try to stay physically fit.

Tesla 140
article thumbnail

Opinion: The End Of An Era: Is The US Petrodollar Under Threat?

Green Car Congress

Having that status would allow China cheap access to world capital markets and cheaper transaction costs on international trade, not to mention increased clout as an economic power commensurate with its rising proportion of world commerce. The company was also seeking financing for a gas project in Russia despite Western sanctions. “It

Russia 225
article thumbnail

AlixPartners study finds post-crisis auto industry facing new set of challenges; sales projected below historical levels for foreseeable future

Green Car Congress

The AlixPartners 2011 Automotive Outlook finds that while automakers and suppliers have seen profits bounce back—North American original equipment manufacturers (OEMs) posted $12.5 million units in 2011 and only 13.6 pickup sales for 2011 are estimated to reach only 1.7 billion in 2010 profit on a net margin of 4.6%

article thumbnail

ADB draft report says 3B Asians could become affluent by 2050; significant challenges

Green Car Congress

Fast-growing economies like the People’s Republic of China (PRC), India, Indonesia, and Viet Nam cannot afford to fall into the middle income trap when seeking to move from resource-driven growth that is dependent on cheap labor and capital to growth based on high productivity and innovation, the report cautions.

Asia 186
article thumbnail

IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Green Car Congress

The International Energy Agency (IEA) last week launched the 2011 edition of the World Energy Outlook (WEO), the current edition of its annual flagship publication assessing the threats and opportunities facing the global energy system out to 2035. —WEO 2011. —WEO 2011. Click to enlarge.

Oil 247
article thumbnail

Perspective: Drive Star Conversion Program Could Cut US Oil Use in Half by 2020

Green Car Congress

And oil only seems cheap. Retrofitters can partner with energy service companies to finance those costs, backed by federal loan guarantees. But let’s realize: defending our nation is never cheap. After our one-year test, in summer 2011, we’ll be ready to create a powerful new US conversion industry.

Oil 252
article thumbnail

China and the Electric Car | Autos | Smart Spending | Mainstreet

Tony Karrer Delicious EVdriven

market in 2011, along with a plug-in hybrid model, the F6DM. How to Buy it Cheap Treasury Launches Auto Supply Program Would You Drive GM's PUMA? automakers in their own market. Consumer Reports: Most Reliable Used Cars Auto Auctions: What You Need to Know Car Lease Up?

Auto 30