Energy Department 'bet' on Fisker Automotive ends in bankruptcy

By Ronnie Greene

An Energy Department program meant to spur development of electric cars faces another setback with Fisker Chapter 11 filing.

Excerpts from this story referencing "Tesla Motors":

"… and another California electric car maker backed by political powerhouses, Tesla Motors. Tesla paid off its $465 million U.S. loan nine years early, but Fisker’ …"

Energy Department auto loan program sputters

By Ronnie Greene

A $25 billion Department of Energy loan program has not closed a loan in two years amid the specter of Solyndra.

Excerpts from this story referencing "Energy":

"… z, the Loan Programs Office’s acting executive director. …"

"… Accountability Office report, rekindle questions over how effectively the Energy Department picks winners and losers for its lucrative green Energy portfol …"

"… yet $4.2 billion remains in that pool of money, the GAO report said. The Energy Department does not expect to issue any more loans under a program once pi …"

"… ilable under the ATVM loan program,” the GAO’s Frank Rusco wrote. The Energy Department told auditors it had seven ATVM applications on file, totaling …"

Republicans call for probe of Obama’s green car program

By Matthew Mosk, Brian Ross and Ronnie Greene

Representative calls for further investigation into Energy Dept. loans to electric car companies

Excerpts from this story referencing "Department of Energy":

"… jobs at a shuttered GM plant in Delaware. “Not a single dollar of the [Department of Energy] DoE loans has been, or will be, spent outside of America," a statement fr …"

Energy's risky $1 billion bet on two politically-connected electric car builders

By Ronnie Greene, Matthew Mosk and Brian Ross

Two politically connected firms get $1 billion in federal loans to build electric cars

Excerpts from this story referencing "Elon Musk":

"… as declined interview requests since February. Tesla’s founder and CEO, Elon Musk, is a hearty political contributor who has primarily backed Democrats, inc …"

Taxpayer billions could fall short in creating new jobs, more efficient cars

By Ronnie Greene and Matthew Mosk

Amid questions about whether the Obama administration played favorites with energy loans to green companies, a new audit uncovers lack of ov

Excerpts from this story referencing "Tesla Motors":

"… r Co. and Nissan North America, as well as cutting-edge electric carmakers Tesla Motors and Fisker Automotive, expand their fleets of fuel efficient autos.By help …"