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Tesla Model S 90 Second Battery Swap Coming This Year (Demo Video)
Tesla Model S Car of the Year 2013. Photo Credit: Tesla Motors A packed house of hundreds of Tesla Model S owners this week watched Tesla Motors demonstrate the ability to restore an electric vehicle to a full charge in less than half the time it takes to refill a gas tank. "Swapping a depleted battery on a Model S sedan in just over 90 seconds, Tesla showed it’s possible for electric vehicles to get back on the road faster than their fossil-fuel counterparts," Forbes reports. "CEO Elon Musk said the company would make battery swapping available as soon as the end of 2013, starting in California, with the Boston-D.C.
Dissention In The Fed: St Louis Fed President Dissents From The Federal Reserve. Bernanke Is Making A Big Mistake
ST Louis Frderal Reserve President James Bullard stepped up late last night and spoke out on Ben Bernanke's decision to announce a timeline to discontinue QE. President Bullard stated he is not sure what Ben Bernanke thinking by Announcing asset purchase reduction based on a calander time line? Policy actions should be undertaken to meet policy objectives, not calendar objectives. ST.
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