• Apply

    Apply for the best low interest, and low interest business credit card offers available on the web.

    Apply
  • Learn

    Learn to navigate the credit card jungle and apply for the card that best suits your requirement.

    Learn
  • Process

    Merchants increase your sales 700%. Click here to accept credit cards.

    Process

Credit Card Blog

Credit Card Blog

Welcome to the CreditCardsMadeSimple.com financial news blog and more. This blog was started to keep our readers informed. The more knowledge we can bring to our readers, the better informed they will be when making other decisions. We hope that you find this information useful and look forward to all your questions and comments.

Monday, March 30, 2009

Silence is Golden!!

Silence is Golden!!

Silence is golden. That is what they about driving these brand new electric vehicles. Tesla Motors unveiled two electric cars this past week. The first one is a roadster with a zero to sixty of like 4 seconds. This car is incredibly quick. It tops out at limited 120 mph. Unfortunately the cost is about $109,000. The other that they are going to release is going to be a sedan vehicle at around $50,000. This vehicle is going to be very quick as well. The cars are said to go around 240 miles on a full charge and take about 4 hours to charge completely. These vehicles are expensive but will definitely give other car manufacturers a run for their money. The technology is only going to get cheaper.

Batteries will someday replace the need for gasoline in some of our future vehicles. These cars will become more economically viable to produce and will be able to go further distances. 240 miles could easily turn into 500 miles of range and charge times will drop from 4 hours to 4 minutes. These cars will not make any noise or emit any pollutants and ultimately reduce our need for oil.

Oil prices will continue to rise as emerging countries like China, India, and Russia continue to develop and consume more oil. Critics claim the only way to push this technology on consumers will be too tax gasoline more so than it already is. I think that electric vehicles will become more popular once they are produced at a reasonable cost and become practical to use. Gasoline stations can easily retrofit their stores with charging pods like they do with gasoline.

Lastly, it does not surprise me that Tesla Motors was the brain child of several top Silicon Valley players like Sergey Brin and Larry Paige. In recent years Silicon Valley has gone on to create viable wealth while Wall Street continues too destroy it. As a consumer, and driver of a gas guzzling four-wheel drive eight-cylinder gasoline chugging vehicle, I see a future in electric vehicles (especially if they can haul ass and drive as good as their gasoline counterparts).

Labels: , , , ,

Recent Credit Card Articles