Tesla Kicking WhiteStar Plans Into High Gear

Electric car enthusiasts are all but certain to be talking about Tesla Motors later today. The San Carlos-based company just scheduled an afternoon press conference with California Governor Arnold Schwarzenegger and California Treasurer Bill Lockyer to discuss “clean technology investment” in the state. A few hours ago, Katie Fehrenbacher at Earth2Tech speculated that the company could be gearing up to partly manufacture its WhiteStar sedan in California.

The San Francisco Chronicle later reported that the company has chosen the Bay Area to build a manufacturing plant for its new model.

Earlier this year, we blogged about the race to produce the world’s first electric car for the masses. It’s a topic (and market) that is already generating a significant amount of buzz and conversation in the blogosphere. Former SAP executive Shai Agassi is among a handful of Silicon Valley-based entrepreneurs working to bring one to market.

So, are electric cars a worthwhile investment? Let us know what you think in the comments section below.

Update: Greentech Media has more on today’s announcement.
Update II: TechCrunch has video of the event with Schwarzenegger.

1 Comment

  • The electric car is clearly the answer, however. Price points have there way in all economies, large corporations have ways to see things to go there way, but all good things do come to an end or should we say an new begining. It is not a simple process for hiers of the planet to give up their fortunes. There must be a way for this system in place to transfer its carbon powered systems into a greener more recycleable energy. The simple hybrid as we see now could soon become the beginings of a new vent into the next technology. It’s coming … invest in green technology.

    by Mr. Go Green Inc. / July 1, 2008

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