Tesla Motors A Good Sign for the Future of Electric & Hybrid Cars

A couple months ago Rambling Web noted that Porsche was breaking the mold for hybrid cars by developing a true hybrid super car - Porsche 918 Spyder Hybrid Blows Up Stereotypes. Yet the major question was whether the 918 Spyder would sell.

Well Tesla Motors, taking a different tact, is showing the an upscale electric car can sell quite well. According to 'Wall Streets Cheat Sheet,' Tesla's Model S is actually outselling BMW and Mercedes the competing cars in its class.

This is great news for the future of electric and hybrid cars.  It shows that as the quality of these cars increases that demand will likely increase too.  As 'Wall Streets Cheat Sheet' notes the success of the Model S opens the door for a more affordable model in the future.

Tesla’s Model S Is Shaming BMW and Mercedes

While Tesla faced huge criticisms about the Model S being too expensive, which would result in a stagnancy of demand, it appears the concerns were unfounded, and that the demand is leading the segment. Given the company’s limitations as a start-up with a product that has yet to become mainstream, these figures are especially impressive.

Moreover, the Model S was never meant to be an affordable, mass market car; the company was never aiming to build the next GM Chevy (NYSE:GM) Volt or Nissan Leaf. The Model S was designed from the ground up as a luxury car, meant to compete with the likes of the 7 Series and A8.

The company’s business model suggests that as electric cars become more accepted, and concerns over range anxiety and other problems subside, the high cost of electric car technology will slope downward. And when that happens, Tesla will be ready and waiting with an entry-level, ballpark $30,000 model to market to the masses.

Tesla Motors

Interesting Links for the Day

Here's an assortment of blog postings to peruse today...

Wildlife at Pawtuckaway Lake in Nottingham, NH

Gabriel Gomez Running for Senate in MA

Lovely Animal and Safari Video Photography

Boston Bruins Crowd Sings the National Anthem

Three Students Charged In Connection with Boston Marathon Bombings

Boston news stations had all day coverage yesterday of the arrest of three students charged with covering up evidence in the Boston Marathon Bombing case.

From The Guardian - Boston bombing: Dzhokhar Tsarnaev's college friends charged with cover-up

Three teenage college friends of Dzhokhar Tsarnaev, the surviving Boston Marathon bombing suspect, were charged on Wednesday with covering up evidence in an attempt to obstruct the investigation into the attack, which killed three people and injured more than 260.

Two Kazakh students and a third man, a US citizen, all 19, are alleged to have disposed of Tsarnaev's laptop and a backpack containing fireworks in the frenzied hours after the names of the two Boston bombing suspects were made public.

Dias Kadyrbayev and Azamat Tazhayakov, both from Kazakhstan, and Robel Phillipos, a US citizen, appeared before a federal judge in a brief court hearing in Boston on Wednesday afternoon. Kadyrbayev and Tazhayakov were charged with conspiring to obstruct justice, which carries a maximum sentence of five years in jail and a fine of $250,000. Phillipos was charged with making false statements to federal investigators, which carries a maximum sentence of eight years and a fine of $250,000.

Senate Special Election Underway in Massachusetts

RePost from The Independent Blogger: Surprise in Massachusetts Special Election

An upcoming election to watch started with an upset in the Republican Primary last night. Massachusetts Senate seat special election Republican candidate is Gabriel Gomez. He will face off against long time Democrat Congressman Ed Markey.

From the National Review Gomez’s Upset Victory Shakes Up Mass. Senate Race

Massachusetts voters will fill Secretary of State John Kerry’s Senate seat on June 25. The choices couldn’t be more of a contrast. Democrat Ed Markey is a 66-year-old liberal who was first elected to Congress in 1976, when eight-track tapes were the rage. Republican Gabriel Gomez, is a 47-year-old with an MBA from Harvard, who is the son of Columbian immigrants and a former Navy SEAL. He raised $1.2 million in yesterday’s GOP primary, which enabled him to buy TV ads that led to an upset 51 percent to 36 percent victory over Michael Sullivan, a conservative former district attorney.

Massachusetts is a deeply blue state but surprises can happen in elections that don’t feature presidential levels of voter turnout. Four of the last six governors have been Republicans, and in 2010 Scott Brown shook the political world with his upset special-election victory. He went on to lose his reelection bid in 2012, as Barack Obama swept the state.