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Why Tesla will need more loans to make it through 2013

It's fun to bet against Elon Musk and Tesla - that's the best reason we can find for so many people doing it even though the man, his company and his cars are still here and still very popular. The latest name inscribed in the column labeled "Skeptical of Tesla" is John Shinal at Market Watch who, in year-end commentary on Tesla's financials, says that the "carmaker's financials are reminiscent of a dot-com's." He does not mean that in the good way.
To be fair, Shinal isn't exactly betting against Tesla, he's saying that if you check the bottom lines, the only thing keeping Tesla alive is the hundreds of millions in Federal Department of Energy loans it has received. Based on its filings, he says the company has less than six months of cash on hand, hasn't produced as many cars as it promised and had to lower its revenue forecast for 2012, has had a "year of net losses and negative operating cash flow," and was underwater by at least $37 million at the end of the third quarter.
But Shinal's not done there, summarizing Tesla as an operation with "a poor habit of failing to deliver to customers the cars it has promised them, while simultaneously raising the prices of those yet-undelivered cars," and "a lousy level of customer service." He says there are more damning things to be found in Tesla's SEC registration settlement from September, but we'll have to wait for his next column to find out what those are. The takeaway, in Shinal's opinion, is that even though Tesla will keep getting money from the government, that investors have no business dealing in Tesla stock.

Unplugged Performance reveals Koenigsegg-made carbon fiber parts

There are a number of Tesla models that rival Koenigsegg supercars in acceleration, and now the electrified American cars can have styling parts made by the Swedish supercar company. This is possible thanks to a collaboration between Tesla aftermarket parts company Unplugged Performance. Unplugged Performance makes a variety of parts for Tesla models, from performance items such as suspension and brakes to cosmetic parts like these Koenigsegg pieces. They are all carbon fiber exterior parts produced with the same materials and processes the Swedish car company uses for its own machines. The designs of the parts are from Unplugged, though. Most of them are spoilers for each Tesla model, some for either more downforce or less drag, but there are also special wide front fenders for the Model 3. Pricing varies depending on the product, from $1,745 for many of the spoilers to $8,845 for a pair of Model 3 fenders. The parts are available now, and Unplugged Performance hints at additional Koenigsegg-made parts coming in the future. Related Video:

Recharge Wrap-up: Renault Zoe driving video, BYD Buses in Campinas

A new video shows drivers how to get the most range out of the Renault Zoe. By managing one's driving style, as we all know, one can minimize energy consumption. The Zoe's Econometer and R-Link screen give feedback about the rate of consumption, which helps let the driver know that they should hold back in the throttle. The R-Link system shows the distribution of energy in real time. It also analyzes the driving route and gives feedback at the end of the session. The Zoe also has an Eco button that automatically limits consumption regardless of driving style. Pre-programming climate control can also help improve range. These are all features we're more or less familiar with, but see how they work in the Renault Zoe in the video above. Tesla has announced it will release its second quarter results on August 5. After the automaker releases its financial information on that day, it will hold a live question and answer conference call webcast to discuss those results and outlook at 5:30 Eastern. The second quarter ended June 30. Read more at MarketWatch. Campinas, Brazil will add 10 BYD electric buses to its fleet. It is the first city in Brazil to have a zero-emissions bus fleet. Campinas will be using BYD's 39-foot, four-door K9 battery electric bus, but the K11 articulated electric bus will also begin testing in the city soon. Campinas Mayor Jonas Donizete likes the electric buses because "they are very comfortable, almost noise-free, and great for the environment," and they will help reduce the city's air and noise pollution. BYD plans to open factories for electric buses and solar panels in Campinas over the next year, investing about $108.5 million from 2014 to 2017. Read more in the press release below. BYD to Deliver 10 Electric Buses to Campinas Public Transport Fleet 07/22/2015 (Campinas, Brazil): BYD do Brasil and Campinas City Administration announced this month, the addition of 10 battery-electric buses to the city's public transportation bus fleet. Campinas is a city in the interior of the state of Sao Paulo, Brazil, and will be the first in the country to have a fleet of fully electric, zero emission buses operating in its streets. The model chosen to integrate the fleet in Campinas is the BYD K9, a 12-meter, 4-door, low-floor urban bus, with universal accessibility for passengers with limited mobility.