The first
Sports Cars are considered to be (though the term would not be coined until after World War One) the 3 litre made in 1910 Vauxhall 20 hp (15 kW) and 27/80PS Austro-Daimler (designed by Ferdinand Porsche).
Despite reports to the contrary, Tesla Motors won't ask the U.S. Department of Energy for an additional Advanced Technology Vehicles Manufacturing (ATVM) loan, according to the automaker's chief executive officer.
Palo Alto-based Tesla has "significant" capital reserves and more than enough funds to develop its Model S sedan, CEO Elon Musk told reporters in Washington last Thursday. Apparently, Tesla's initial $465-million DoE loan is all the government money that's needed for now. Quoting Musk:
We don't need any additional DOE funding. We will not be applying for any.
For the record, Tesla admits it had been in the loan pre-application process, but did not submit a formal application to the DoE. Ricardo Reyes, Tesla's vice-president of communications, stated, "Tesla has no completed loan applications pending before the DoE." And now, with Musk's words, it seems no application will move from pre to pending status.
List of sports cars Musk: Tesla "will not be applying" for additional DOE loan A car may be a sporting automobile without being a sports car.
New sports cars Musk: Tesla "will not be applying" for additional DOE loan Performance modifications of regular, production cars, such as sport compacts, sports sedans, muscle cars, hot hatches and the like, generally are not considered sports cars, yet share traits common to sports cars. They are sometimes called "
Affordable Sports Cars Musk: Tesla "will not be applying" for additional DOE loan" for marketing purposes for increased advertising and promotional purposes. Performance cars of all configurations are grouped as Sports and Grand tourer cars or, occasionally, as performance
Cheap Sports Cars Musk: Tesla "will not be applying" for additional DOE loan.
