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Financial Woes Plague Electric Automaker Tesla

Electric car maker Tesla Motors has been getting a lot of press over the past year as the automaker launched its gorgeous Tesla Roadster, an all-electric sports model that can go from zero to sixty mph in just 3.5 seconds. After numerous delays, a transmission swap out, and management changes, the Roadster finally went into production earlier this year.

Now, the California based automaker is finding itself struggling to survive, with fast dwindling reserves putting pressure on the company like nothing else to date. Yes, with just $ 9 million left in the bank, Tesla is struggling to survive even as demand for its $ 109,000 car far outstrips supply.

Even Wealthy People Are Holding Onto Their Money Tightly

Will Tesla be able to weather its current financial crisis? That remains to be seen given the worldwide slump in auto sales. Even wealthy people – the type of driver who can afford the Tesla Roadster – are carefully considering their purchases especially in light of the recent financial bloodbath on Wall Street that sent stock prices plummeting and tore through the portfolios of Americans of every financial stripe.

For its part, Tesla is reacting in several different ways. Elon Musk, the CEO of the company, is pouring ten to twenty million dollars of his own money into the company and has plans to lay off as many as 20% of the company's workforce. In addition, a satellite office in Michigan is being closed, moves that the company hopes will buy it some time as it searches for additional financial backing.

Production Delays Hammer Tesla's Bottom Line

According to Forbes magazine, Tesla has raised $ 147 million from investors so far, with some $ 55 million coming from Musk, the automaker's founder. Delays in shipping the Roadster have hurt the company's financial picture as only fifty cars have been shipped thus far. Production has finally been increased with Tesla saying that as many as ten Roadsters per week are now being assembled. A tiny amount, but then we're talking about a minuscule operation.

If Tesla can hang on for a few more months, additional help in the form of grants from the US Department of Energy and help from the State of California should begin to kick in. Moreover, with plans to build a midsize electric car at a new California factory within the next few years, the expanding Tesla franchise should attract additional investors to what many hope will be the biggest little electric car maker in the USA.

Source: http://ezinearticles.com/?Financial-Woes-Plague-Electric-Automaker-Tesla&id=1635432

Drifting for Beginners – How to Drift Your Car in 3 Easy Steps

Drifting is becoming more and more popular by the minute. Everywhere we see, on the street and in the stores, drifting is on fire. Ever since drifting busted out onto the mainstream with help from Hollywood movies and with the increase in drifting fans, the surge for wanting to learn how to drift, like they see in the movies has grown rapidly.

Sure drifting looks easy, just drive really fast and get your car sideways and smoke the rear tires. But as you’d know if you’ve already tried drifting, it isn’t as easy as they make it look on the big screen.

Here’s a short drifting lesson for beginners. The very basics of drifting. First, here’s what you need:

1. You need a car – preferably rear wheel drive.

2. It should be a manual car preferably. Automatics are harder to drift but not impossible.

3. You need to go practice in a wide open area where its legal and safe. Drift days are the place to go.

4. You’ll need some spare tires. Obviously.

Now, here’s what to do:

1. You want to practice doing circles or donuts in one spot on the donut pad or wide open flat area around a pilon / cone. DON’T go straight to the circuit trying to drift around corners on your first time attempting drift.

Do donuts to the right, then change and do circles to the left. Start with small circles and then get bigger.

2. Once you have mastered the donuts, you can start to use the handbrake and try some 180 degree spins. Set up 2 pilons about 100 feet apart and go up and back doing 180 handbrake turns.

You shouldn’t try to drift out of the turns yet, just get used to your handbrake and feeling of the slide of your car. Once you can get it nice and smooth, you can try drifting out of the slide.

NOTE: Keep the handbrake on for longer than a split second. Slide it right around with the handbrake until you’re facing the way you want to go then you can power out.

3. Keeping the 2 pilons where they are, you can now try figure-8 drifting around the pilons. Just like you we’re doing in the 180 degree spins, use your handbrake to slide it right around and then power out straight, lining yourself up for the other side of the pilon at the other end. Repeat and try to get close to the pilons with your ront bumper as you can – touching the clipping point – just like the pro drift drivers!

Try these beginners drifting tips before you hit the track and total your car. Just like any sports, practice makes perfect and the right training when learning how to drift will keep you and your car safe so you can live to drift another day.

Source: http://ezinearticles.com/?Drifting-for-Beginners—How-to-Drift-Your-Car-in-3-Easy-Steps&id=835929

Automotive Sales Training Prospecting Ideas

It’s important to keep your prospecting techniques as up to date as the vehicles you sell. The advent of the internet was one thing, but with advances in technology, keeping in contact with prospects has never been easier. The question is are you taking advantage of these updates? Are you blogging? Texting? Do you use email to communicate with your prospects?

Automotive Sales Training Tip One: Using Email Efficiently Most of you probably ask prospects for their email address, but how many of you actually use it? Have you added it to your mass email database? Email is one of the most effective communication tools you have for reaching prospects. 1. Utilize the mass email tool to send out blasts about promotional events. As you network and speak with prospects, obtain their email address and permission to send them emails, and then add them to your blast list. This is a great way to cut out the tedious task of old fashioned mass mailings. 2. In the past the only way to set an appointment to meet with a prospect was to call them. This can be time consuming and lead to lost sales. Instead, send out a quick email suggesting a time to meet. It’s a quick and effective way to appointment set. 3. Never forget to say thank you to a prospect. You know how valuable their time is, so send out a quick email with a short note and attach additional information as needed.

Car Sales Training Tip Two: Reminders via Text Instead of making tedious follow-up calls to remind prospects of an upcoming meeting, send out a quick text. Most of your prospects will appreciate the unobtrusive reminder. You can also use text messages to let prospects know about promotional events.

Automotive Sales Training Tip Two: Using Website Effectively A good website that is geared to your targeted clientele and effectively designed to generate excitement is an excellent way to generate prospects. By including contact links, a dealerships website can really make a difference in the number of prospects. Encourage your management team to design a really effective website.

Automotive Sales Training Tip Three: Using Blogs Expertly If you become an expert business blogger, with a link on your dealership website, you will be able to not only inform prospects about promotional events but you can also let them know what kind of salesperson you are. Sales is all about trust and it is easy to start building that trust through blogging.

Keep your communication efforts with prospects as current as the new cars on your lot. Use email, websites, texts and blogs to keep prospects informed of promotional activities as well as communicate with them. Technology makes communicating with prospect effortless.

Source: http://ezinearticles.com/?Automotive-Sales-Training-Prospecting-Ideas&id=2367908

History of the Modern Day Automobile

Unlike most ­inventions, the automobile was not an instant creation by an ingenious inventor; however there are certain landmark moments in the history of the modern day automobile. An estimated 100,000 patents are said to have created the car as we know it. Leonardo Da Vinci and Isaac Newton are credited with drawing up the first theoretical plans for a motor vehicle. Nicolas Joseph Cugnot was a French engineer and mechanic, in 1769 he invented the very first self-propelled road vehicle using a steam engine. The French Army used the vehicle to move artillery. This was followed by Nicolas with the design of a tricycle with the ability to carry four passengers and powered by a steam engine. Interestingly enough Cugnot is also the first person to be involved in a motor vehicle accident as he drove one of the vehicles into a stone wall in 1771.

There is debate as to whether the steam powered road vehicles of Nicolas Joseph Cugnot can be categorized as automobiles. People who accept the notion call him the first inventor of the automobile. The design was further improved by Onesiphore Pecqeur in France. In the U.S. Oliver Evans received the patent for a steam-powered land vehicle. A road carriage powered by steam was built in Richard Trevithick in Great Britain in 1801. Steam powered vehicles became relatively popular and many improvements were made to the original designs.

However, the steam engine design proved to be very popular for locomotives but it added too much weight to the road vehicles, which proved to be a major hassle. Although the exact year is uncertain, somewhere between 1832 and 1839 Robert Anderson of Scotland is said to have created the first electric carriage. The Electrical engines had flaws as well; they proved to be heavy, slow and expensive. Additionally, their batteries needed to be recharged frequently. Due to these problems, both the steam powered engines and the electrical engines were abandoned for gas-powered vehicles.

During the early 1900s, the electrical cars had great sales in the United States but by the 1920s, a much better system of roads was built and people needed automobiles that could travel for a long range. After crude oil was discovered in Texas the price of gasoline was reduced father heralding the dawn of gas powered vehicles. Probably, the biggest factor in the popularity of gas powered cars was Henry Ford and his ability to mass produce internal combustion engines. Mass production of these vehicles also made them widely affordable and hence popular. Figures show that whereas a gasoline car could be bought at $650 in 1912, an electric roadster would cost around $1,750. Electric cars all but vanished by 1935 but during the 1960s and 1970s there was major concern regarding the exhaust emissions from internal combustion engines hence there was a need for alternative fueled vehicles. Electric cars were revived partially for utility based jobs for example the United States Postal Service in 1975 bought 350 electric delivery jeeps which were to be used in a test program. Currently, a lot of work and research is being put into manufacturing electric cars as a viable alternative.

Source: http://ezinearticles.com/?History-of-the-Modern-Day-Automobile&id=2055029

Compare and Contrast the Anxiety Disorder That Afflicted Freud and Tesla

Sigmund Freud (1856-1939)

Freud developed and taught psychoanalysis, which is a form of psychotherapy. Psychoanalysis is associated with the couch, the note pad and the silent listener. Contrary to popular belief, Freud was not the father of psychiatry. Sigmund Freud suffered from Panic Disorder at the time when he wrote his famous papers on anxiety neurosis. He had symptoms of an Anxiety Disorder and worried a great deal about his ‘spells’. He had many medical evaluations for them. Nothing of a serious medical nature could be found wrong with him. He was told that his symptoms were ‘nervous’ in origin. Freud was not satisfied with what he was told. In his quest for a fuller explanation, he searched for a psychological cause. He built an elaborate model based on psychology of the mind and the role of internal conflicts in causing and maintaining anxiety. This model has preoccupied everyone studying anxiety for most of the century.

Nikola Tesla (1856-1943)

Tesla was a genius and perhaps the greatest inventor the world has ever known. He invented a device to harness alternating electrical current, radio, fluorescent lighting, the bladeless turbine, developed the fundamentals of robotics, computers and missile science. Many of the “modern conveniences of life” are a result of Tesla’s inventions.

At 5 years of age, following death of his older brother, he developed many phobias and compulsions and in general became a “perfectionist” – subjecting himself to iron discipline in order to excel. He was also plagued by panic attack – like symptoms; strong flashes of light that marred the sight of real objects and “shooting flames” through the body. The intensity seemed to increase as he got older.

“This caused me great discomfort and anxiety”, said Tesla, “none of the students of psychology or physiology whom I have consulted could ever explain satisfactorily these phenomena …”

Source: http://ezinearticles.com/?Compare-and-Contrast-the-Anxiety-Disorder-That-Afflicted-Freud-and-Tesla&id=496826

A History of Excalibur Cars

The History of Excalibur Cars

The Excalibur car is a beautiful example of a retro classic vehicle featuring an inspired design based on the 1920’s Mercedes Benz SS with a little modern engineering and American flair. The result is a little ostentatious and an unlikely weekday runabout however the vehicle has found itself a niche within the outer limits of luxury limousines. The car has gained a cult following world wide as a wedding car in white or the perfect vessel for anyone who wants to make a splash!

Automobile designer, Brook Steven’s was fascinated by the classic era of automotive design. This passion was what fueled his Gatsby-esque creations and eventually lead the design of the what would later become the Excalibur as a concept car for Studebaker in 1963. The concept car was exhibited at several car shows in the US and turned a lot of heads. The fuss about this unique car soon turned into orders from wealthy patrons around the world and so the Excalibur was born. The Excalibur was factory built and underwent several major revisions in its early years which greatly improved performance and reliability especially with regards to the chassis that was required for such a long automobile – eventually acquired from General Motors. Each year the Excalibur factory only made about sixty to eighty vehicles which has added to their rarity and collectibility today. The cars most commonly ordered and produced were the 2-door Roadster however Excalibur also made a 4-door saloon the ‘Phaeton’ which has become a very successful luxury car, used in films such as 101 Dalmatians and as the flagship of the limo fleet for Caesar’s Palace in Las Vegas.

After a run of only 3200 cars the company finally ceased production in 1990, having finally achieved perfection in the Series V Excalibur, the most luxurious yet. The company still runs in a limited capacity supplying parts, manuals and information to the contemporary owners of Excalibur cars.

The good news is that the current owner of the Excalibur Cars factory has not ruled out the possibility of a new line of cars. In fact as recently as 2011 there has been talk of a modernised Excalibur of similar design. These plans are subject to financial backing and for now the company is devoted to creating parts to keep the existing Excalibur’s on the road, even going as far as to plan renovation kits to replace what could be considered the dated and worn interior of some of the older models still in circulation.

Source: http://ezinearticles.com/?A-History-of-Excalibur-Cars&id=6983642

Famous Cars of the 70’s

Looking back, the 70’s were a decade of changing tastes, especially in the automotive industry where new directions were taken. The advent of the compact family car and the development of the muscle car in the USA are just some of the contributing factors as to why the 1970’s have become memorable years. From the Datsun 240Z through to the Ford Mustang, many of the cars that were born during the decade are still fresh in our memories. Let’s cast our minds back to the best of the 70’s…

Datsun 240Z
Originally sold in Japan as the Nissan Fairlady Z, the Datsun 240Z was the in the first generation of sporty cars with 2 seats produced by Nissan between 1969 and 1978. The 240Z offered a variation in engine sizes, a 2.0L, 2.4L, 2.6L and a 2.8L. Named number two on the list of Top Sports cars of the 1970’s by Sports Car International in 2004, the 240Z was one of the most appealing Japanese cars ever produced.

Pontiac Firebird
Built between 1967 and 2002 by the Pontiac division of General Motors, the Firebird was introduced the same year as its cousin, the Chevrolet Camaro. Primarily, the Firebird was powered by a Pontiac V8 engine up until 1977, but was built using several different engines from the GM division until 1982 when Pontiac engines were dropped in favour of other units.

Ford Mustang
Production of the Ford Mustang started in 1964 and still continues today. The Mustang began production in Dearborn, Michigan on March 9, 1964 and was first introduced to the public at the World’s Fair in New York on April 17 that same year. Ford’s third oldest nameplate in production next to the F-Series Pickup Truck line, the Mustang has undergone several transformations to its current fifth generation.

For many of us, the above mentioned cars are all but a dream. But classic cars can become a reality if you know where to look! Even cars made in the 70s can be roadworthy today; but an MOT is essential, alongside your tax disc, license, and car insurance. Once your car is ready to go, you are free to roam the roads in style.

Source: http://ezinearticles.com/?Famous-Cars-of-the-70s&id=5197396

Tesla Toys for Christmas

Have you got a budding scientist in the family? Maybe you have a husband who loves to disappear into the garage or his workshop and does not come out for hours. Or a son, grandson or nephew who is interested in science and what it can create. And we do not want to be sexist here, so give the girls a chance too. Here you will find out about the perfect unusual Christmas present for your favorite genius, Tesla toys!

Well, think about this as the ultimate present. Build your own Magnetic Energy Generator. It will not only be a really fun experience, but you could also benefit from free electricity once it is built.

The recipient will be following in the footsteps of a truly amazing man, Nikola Tesla. He was a Croatian born in 1856. His father was a pastor and expected his son to follow in his footsteps, but his mother realized she had a very gifted son and encouraged him to go to university. He loved it and worked hard, keeping all his inventions stored in his head for future use. Nikola had a dream of going to America and by 1900 he was living in New York.

They were exciting times for budding inventors and he soon became known for his inventions. His dream was to supply free electricity to everyone and it was possible, but that idea did not go down well with the financial world. 'Free' is not a word used in the money world. They withdrew funding and so Nikola had to stop his dream and invent to earn a living.

But, he left his dream for others to follow and over the years it has become a reality. Now, it is possible for almost any one to build one.

* Simple to build with easily accessible parts.

* Does not take up much room.

* No fumes so completely environmentally friendly.

This really would be a most unusual Christmas Present, and not one that ends up only good for one day. Maybe you have the next Tesla in your family, just waiting to create and invent. Also, did you know that Tesla was known as the "Father Christmas of Electricity" so how perfect is that ?!

Source: http://ezinearticles.com/?Tesla-Toys-for-Christmas&id=5451240

Auto Dealer Fraud – Used Car Or New Car

You can protect your money and yourself by avoiding any car dealer scams. Check the basic factors before purchasing a car:

* The price

* Warranty

* Mileage

Buyers with a low budget have to buy a used car. That is a good opportunity for them. Some of the new cars are available by the same price, but they haven’t such options like – AC, stereo etc. As for the warranty, usually the new cars have warranty of about three to ten years maximum. Companies like Hyundai, Daimler Chrysler and others offer maximum ten years of warranty for their new cars. New car buyers have the chance of a different range of colors or car features, which used cars, may not have.

Dealers like you to think they are acting in your best interest, but they are more concerned on how more extra features they can make you want. You need to be careful of several non needed extras. You must make yourself aware of the common dealer traps and tricks they use.

When you decide to buy a used car, your need to make a wise dealer choice. Used car dealers have gained a rather shady reputation over the years. They are often portrayed as lazy, dishonest and not very good at conducting business.Never buy a car of your dream based only on the image or on your personal feelings. Be practical and sensible. Identify a model that suits your needs. Do not buy a vehicle just because the dealer offered it.Good dealers allow you to take your time to look through the cars.

Source: http://ezinearticles.com/?Auto-Dealer-Fraud—Used-Car-Or-New-Car&id=4349460

How to Make a Turn Safely in an Automobile

Many collisions are caused by drivers who, through ignorance or negligence, fail to make right or left turns correctly. There are certain steps which all drivers should take before making turns:

1. Decide on the place you intend to turn before you reach it. It is dangerous to decide at the last second to make a turn.

2. Check your mirrors and your blind spot for other vehicles before you change lanes.

3. You should give a signal well ahead of your turning point in order to give ample warning to others. If using a hand signal, hold it until you are close enough to the intersection so that pedestrians and other drivers are aware of your intention to turn. Do not hold the hand signal while making your turn, however; you need both hands on the wheel.

4. Move into the proper lane as soon as possible. The faster the traffic is moving, the sooner you should get into the proper lane for your turn.

5. Make turns at low speed, keeping your car under complete control.

6. Make your turn as soon as traffic conditions permit. Do not keep the traffic behind you waiting unnecessarily.

7. If you are stopped in an intersection to make a left turn, and waiting for approaching traffic to clear, do not turn the steering wheel to the left until you are sure you can complete the turn. With the wheels turned to the left, your car could be pushed into the path of approaching traffic if struck from the rear.

8. Make your turns correctly as shown in the following pages. This will be easy if you are in the proper lane and proceeding slowly enough at the time you begin to turn.

9. Complete your turn into the proper lane .

Right Turn Approach

Before making a right turn, the automobile should be in the right hand lane and parallel to the curb. The distance from the curb to the side of the automobile should be three feet. At this point your speed should be less than 10 miles per hour. If you are driving a manual transmission car, you should be in second gear.

Well before you reach the intersection, signal your turn and move to the right hand lane when the way is clear. Look ahead, and to the left and right, before starting to make your turn. Keep your car three feet from the curb as you make the turn. Watch for pedestrians, who have the right of way.

As the car slowly rolls out across the crosswalk lines, you must judge when to begin the right turn. This is the most difficult part of the turn. Each corner is slightly different; you must assess the degree of sharpness and turn accordingly. A good general rule is, begin turning hand over hand as front wheels reach the point where the curb turns. If you start too soon, the rear wheels will strike or climb the curb. If you start turning too late, the car will swing wide and be in the wrong lane as you complete the turn.

Left Turn Approach

The law states that in order to make a left turn, the driver must begin from the 'most left' legal position on the roadway. In some cases it is necessary to make a lane change before turning left.

Mirror check, shoulder check, signal left and, if the way is clear, enter the proper lane. Watch for pedestrians.

Well before you reach the intersection, slow down to less than 10 miles per hour and again signal your intention to turn left. Look behind for traffic and move as close to the center line as possible (that is, the line separating your lane from the nearest lane of oncoming traffic). Look ahead to the left and right before starting to make the turn. Wait until all oncoming traffic is clear of the intersection. Cars making a left hand turn must surrender the right of way to oncoming traffic going straight through the intersection.

In some cities, left turns are simplified by curving yellow lines on the road, which act as guides. Where these do not exist, enter the intersection to the right of the center point. Leave the intersection by passing to the right of, and as close as practicable to, the center line of the highway being entered.

When you are heading straight again, accelerate gently to regain speed. Be careful if you accelerate while you are still turning – the car may skid, causing you to lose control.

Source: http://ezinearticles.com/?How-to-Make-a-Turn-Safely-in-an-Automobile&id=4235477