Tesla to Go for “Brownfield” Instead for Tesla Model S Sedan
By Cuong Huynh • Feb 1st, 2009 • Category: Clean Car Talk Posts
According to the AFP, Tesla scrubbed its plan to build a facility in Silicon Valley to build its upcoming electric car called Tesla Model S in favor of a brownfield site. Brownfield sites are essentially already existing factories or plants no longer in use.
The “Model S” car is a five-passenger sedan run by a lithium-ion battery pack that is expected to power the car for about 240 miles (385 kilometers) per charge. The car has an estimated price of 60,000 dollars.
Since its 100-million-dollars venture capital deal could not materialize in this economic condition, Tesla is now competing with other car makers for low-interest loan money the US Department of Energy has available to fund development of “brownfield” sites.
By making this change in its manufacturing facility plan for building the Model S sedans, Tesla can ensure that it does not risk its position in receiving the loan.
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Cuong Huynh is a marketing communications consultant working in the San Diego area. Cuong is dedicated to helping individuals and companies maximize their presence on the Internet and efficiently take products and services to market through SEO and network marketing. Cuong also maintains a blog on Marketing at marketingautopsyblog.com. You can also find Cuong Huynh's profile on LinkedIn. For fun he maintains a blog on Vietnamese pho, soccer and do storyboards for movie and film projects. Follow Cuong on Twitter @CuongHuynh, @LovingPho, @CleanCarTalk, @BlockbusterFilm, @SoccerUSA.
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