CA Grants Tesla $10M to Build Model X

[bonnie]

California regulators on Wednesday approved a $10 million grant to Tesla Motors to help manufacture its next electric car, the Model X sport utility vehicle.
Tesla will pony up $50 million to match the California Energy Commission grant, which will be used to expand manufacturing capacity at its factory in Fremont, Calif., and to purchase equipment to make components for the Model X.

California Grants Tesla $10 Million To Build The Model X Electric SUV - Forbes

(Way to go, Mike Taylor and Tesla!)

 

[AnOutsider]

So maybe this will help accelerate a bit

 

[bonnie]

Hope so! I would like to get by end of 2013 (like, say, on my birthday), but more likely it will be mid-2014 when I see my vehicle.

 

[PopSmith]

That would be great if this speeds up Model X development, even if it doesn't it's nice to see Tesla getting grants for their work.

 

[Doug_G]

$10 million is nice and all, but it's really pocket change in this context. This is more for PR than anything.

 

[mikevbf]

Hope so! I would like to get by end of 2013 (like, say, on my birthday), but more likely it will be mid-2014 when I see my vehicle.

The "Deliveries Begin in 2014" at the top of the Model X section of TM's site supports what you suspect.

 

[vfx]

Others too.

Tesla Motors getting $10M from California Energy Commission | Sustainable Business Oregon

Besides Tesla, the Bay Area Air Quality Management District will get $3 million for an electric taxi project along with Better Place Mobility Services Inc. Six taxis will use two charging stations, one at San Francisco International Airport and the other at San Jose's airport.
Scotts Valley-based Zero Motorcycles will get $1.8 million to expand its production of electric motorcycles. Zero competes with two Oregon electric motorcycle companies — Brammo Inc. of ashland and MotoCzysz of Portland.

 

[doug]

The Better Place stuff when here: Project Better Place

 

[dsm363]

Hope so! I would like to get by end of 2013 (like, say, on my birthday), but more likely it will be mid-2014 when I see my vehicle.

Sig 1 will probably be in 2013. All the rest will be in 2014 is my guess:smile: Hope you get your car at the end of next year. That would be great considering the wait.

 

[bonnie]

Sig 1 will probably be in 2013. All the rest will be in 2014 is my guess:smile: Hope you get your car at the end of next year. That would be great considering the wait.

Nah, they won't just do Sig 1 and not Sig 2!

 

[mikevbf]

Nah, they won't just do Sig 1 and not Sig 2!

Didn't I read somewhere that they would double the grant if TM could deliver the first 2 sigs before 2014 and triple it if they delivered by bonnie's bday?

 

[bonnie]

Didn't I read somewhere that they would double the grant if TM could deliver the first 2 sigs before 2014 and triple it if they delivered by bonnie's bday?

(My birthday is near the end of December, so tripling it should be easy to do.)

 

[tdelta1000]

The vote of confidence is good for Tesla Motors but my question is how will TM move forward with the Model X grant? I would like to see TM create a California edition of the X with special badging or color honoring California's commitment to the Model X and TM.

 

[Tommy]

The vote of confidence is good for Tesla Motors but my questions is how will TM move forward with the Model X grant? I would like to see TM create a California edition of the X with speacial badging or color honoring California's commitment to the Model X and TM.

Great idea; here's a picture of California's official flower the California Golden Poppy. Seen a few high end cars painted in this color.

 

[Tesla 940]

$10 million is nice and all, but it's really pocket change in this context.

As one of the minority of people in California that pays taxes - I wish the state had kept the money in our pocket instead of someone else's pocket. Early next month we vote on weather to increase taxes (only a temporary tax increase :scared because the state is "a little short".

 

[wycolo]

> be mid-2014 when I see my (ModelX). [bonnie1194]

ModelX . . so big . . hmmm . . Oh! I see it now, you can carry your Roadster around in the back. That does make sense.:smile:
--

 

[DrJohnM]

Bloomberg: Tesla Gets $10 Million California Grant for Electric SUV

From Bloomberg, 11 Oct 2012 22:11:22
Tesla Motors Inc. (TSLA), the maker of electric cars led by Elon Musk, received a $10 million grant from California to buy assembly equipment and add 500 workers to build a rechargeable sport-utility vehicle in the state.


Tesla Gets $10 Million California Grant for Electric SUV - Bloomberg