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Tesla at the London motor show 2008

Tesla Roadster is at the London motor show, but not on a Tesla stand. Wander over to the Greener Driving Pavilion to see the electric sports car By Tim Pollard Motor Shows 24 July 2008 16:32 Green sports car maker Tesla made a guest appearance at the London motor show 2008 with one of its electric Elises in the Greener Driving Pavilion. What's new on Tesla's London motor show stand?

Tesla pays off its government loans

Tesla paid off the last of its $465 million government loans May 22, nine years ahead of schedule, thus outperforming most U.S. college graduates and the vast majority of American homeowners. Tesla used funds from a stock offering to finish the loan with a whopping bank transfer of $451.8 million Wednesday, pointing out that it was “…the only American car company to have fully repaid the government.” Apparently no one at Tesla was even born when Lee Iacocca paid off Chrysler's $1.2-billion government bailout ahead of schedule back in 1983.

Chevrolet Volt uses parts made from oil-collecting booms

General Motors is transforming about 100 miles of boom material used to soak up oil in the Gulf of Mexico into auto parts for the Chevrolet Volt. The oil-soaked plastic material collected off the Alabama and Louisiana coasts will keep more than 100,000 pounds of waste from the nation's landfills. The project is expected to make enough plastic to supply the first-year production of Volts with plastic parts for under the hood.