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PHOTO CAPTION: Tesla Roadster on display at 2009 North American International Auto Show. Photo credit: EV World.com

Has the Electric Car's Time Finally Come?

Tesla points out that while there were lots of great ideas at the Detroit auto show, one it has electric cars in consumer hands.

Published: 01-Feb-2009

When Tesla Motors Inc. CEO Elon Musk announced at the Detroit Auto Show he had enough U. S. federal funding lined up to pay for "the debut of the affordable electric car," few of those in attendance believed the boast.

Two weeks later, Musk's timing looks perfect and his claim of up to $700 million US in funding more plausible. This could be Tesla's year, in light of U. S. President Barack Obama's announcement Monday that he will start a war on climate change that includes tighter limits on vehicle emissions, despite Detroit's pleas, and the forced weaning of U. S. consumers from their gasoline dependency.

Obama's announcement could make Tesla the right company at the right time.

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