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’ …"

Two DOE electric car loans, two different paths

By Ronnie Greene

As Fisker Automotive struggles to stay afloat, Tesla Motors pays off its Energy Department loan.

Excerpts from this story referencing "Fisker Automotive":

"… wing boards to showrooms. But this week, the fortunes of Tesla Motors and Fisker Automotive took sharply divergent turns. On Wednesday, the Energy Department announc …"

"… citing Fisker’s loan. Yet reality collided with those projections, and Fisker Automotive has not come close to meeting its goals. The company began drawing down o …"

"… another recipient of DOE funding — stopped manufacturing batteries. “Fisker Automotive had to cease production of the Karma,” Fisker said. “We explored optio …"

"… t he told the committee the company’s technology earned honors, and said Fisker Automotive “still has the potential to build on these achievements” if it can sec …"

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 "Tesla Motors":

"… form factories to build fuel-efficient vehicles, and cutting-edge upstarts Tesla Motors and Fisker Automotive develop electric cars and plug-in hybrids. A smaller …"

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 "observer":

"… DOE’s bet carries risks for taxpayers, triggering concern from industry observers and government auditors.  Fisker is more than a year behind rolling …"

"… artner and is certainly politically connected in general,” said industry observer Sexton. “Whether that played a role or not is up to the DOE to explain. …"

"… g the Model S, and any such delays could be significant.” Industry observers say Tesla’s grand plan to launch the Model S is fraught with challenges …"

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 …"

Green bundler with the golden touch

By Ronnie Greene and Matthew Mosk

Investor Steve Westly straddles the worlds of venture capital, presidential fundraising and government advising

Excerpts from this story referencing "Chief Technology Officer":

"… een energy policy.” The next day, Oct. 27, Westly spent 30 minutes with Chief Technology Officer Aneesh Chopra, whose duties include job creation. Chopra said he had met W …"

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 "Jay Carney":

"… have been hired to start prepping the Delaware facility. Press Secretary Jay Carney told ABC News White House Correspondent Jake Tapper Friday that the funds …"