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"content": "\u003cp>\u003cstrong>Update, Thursday 3:50 p.m.: \u003c/strong>The \u003ca href=\"http://www.bizjournals.com/sanjose/news/2015/07/09/exclusiveapple-signs-major-lease-in-north-san-jose.html?ana=twt\" target=\"_blank\" rel=\"noopener\">Silicon Valley Business Journal\u003c/a> has reported that Apple Inc. signed a major lease for space in San Jose. Citing unnamed sources, the business publication said the Cupertino-based company has reached an agreement to lease nearly 300,000 square feet in North San Jose. The deal, if confirmed, would mark Apple’s first major entry into San Jose in quite some time. Apple wouldn’t comment on the story.\u003c/p>\n\u003cp>\u003cem>This is Part 2 of two-part series looking at why San Jose, the third largest city in California, has faced fiscal problems while the tech boom is enriching the Silicon Valley communities around it. Read \u003ca href=\"http://ww2.kqed.org/news/2015/07/07/why-san-jose-is-barely-in-the-black-despite-the-tech-boom\" target=\"_blank\" rel=\"noopener\">Part 1 here\u003c/a>.\u003c/em>\u003c/p>\n\u003cp>San Jose, the self-described “Capitol of Silicon Valley,” is \u003ca href=\"http://ww2.kqed.org/news/2015/07/07/why-san-jose-is-barely-in-the-black-despite-the-tech-boom\" target=\"_blank\" rel=\"noopener\">barely in the black\u003c/a> after years of deep deficits and painful cutbacks. Why?\u003c/p>\n\u003cp>You could say San Jose didn’t have the luck to be home to one of the tech firms that blew up in this latest boom, like Google, headquartered in Mountain View, or Facebook, based in Menlo Park. But the longer the boom goes on, the more San Jose finally may be getting a piece of the economic action.\u003c/p>\n\u003cp>[contextly_sidebar id=”amQD6ZjYu8t2YRGCmpFryBtpOyytyVJQ”]\u003c/p>\n\u003cp>Consider the \u003ca href=\"http://www.wholefoodsmarket.com/stores/sanjose\" target=\"_blank\" rel=\"noopener\">Whole Foods\u003c/a> in downtown San Jose that opened last December. It’s got its own brewery, and it’s steps away from the \u003ca href=\"http://www.sapcenteratsanjose.com/about\" target=\"_blank\" rel=\"noopener\">SAP Center\u003c/a>, a massive arena home to the San Jose Sharks. On warm summer nights, the open-air tap room is packed with people like Oz Rosario and his wife Jaime.\u003c/p>\n\u003cp>[ad fullwidth]\u003c/p>\n\u003cp>“They did a tremendous job here,” says Oz Rosario between sips of beer. “It’s just a great ambiance to come and catch some of the city vibe of what’s going on here — the re-gentrification.”\u003c/p>\n\u003cp>The Rosarios came to San Jose two years ago because of his job in tech. He’s in product development at Verizon. They’ve got two kids under three years old. In many ways, they’re exactly the kind of affluent family Whole Foods expected to attract to this store when it signed the lease seven years ago.\u003c/p>\n\u003cp>Rob Twyman, regional president for Whole Foods Northern California, explains the calculation. “We want to be sure it’s a fairly densely populated area: high proportion of college grads proportionately, and that the site itself is strong in terms of its access, visibility and there’s an affinity for natural foods.”\u003c/p>\n\u003cp>According to the US Census, the median household income in San Jose is $81,829. Compare that to $75,604 in San Francisco. But San Jose lags other cities in the region in capitalizing on sales tax revenues. People shop regionally without regard for city borders. So while Whole Foods has stores in nearby small cities — Campbell and Los Gatos, and another coming soon in Santa Clara — San Jose has only two.\u003c/p>\n\u003cp>San Jose officials say this city of a million people serves as a bedroom community for the region. But in order to provide those residents with the city services they require, urban planners say San Jose needs to pull in more retail and corporate development.\u003c/p>\n\u003cp>Silicon Valley tech companies are the city’s natural target. To start with, the city is home to tech giants from previous tech booms.\u003c/p>\n\u003cp>“To be fair, Cisco Systems in North San Jose isn’t something to sneeze at,” says Paul Krutko, who was San Jose’s Chief Development Officer for eight years. “Adobe headquartering in San Jose is nothing to sneeze at. Ebay, Pay Pal. Two IBM research centers.”\u003c/p>\n\u003cp>But San Jose \u003ca href=\"http://ww2.kqed.org/news/2015/01/07/big-tech-changes-character-of-downtown-redwood-city\" target=\"_blank\" rel=\"noopener\">has been slower\u003c/a> to draw in tech companies from this latest boom, even though many of them have expanded across the region with multiple campuses.\u003c/p>\n\u003cp>That said, the very fact San Jose has lagged behind the rest of the region may now prove to be its saving grace. Much of the rest of Silicon Valley is tapped out for big spaces, and San Jose now seems relatively open and cheap by comparison.\u003c/p>\n\u003cfigure id=\"attachment_10584721\" class=\"wp-caption aligncenter\" style=\"max-width: 800px\">\u003ca href=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2015/07/RS15942_Silicon-Valley-Class-A-Asking-Rates-Q2-2015_aerial-qut.jpg\">\u003cimg loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-10584721\" src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2015/07/RS15942_Silicon-Valley-Class-A-Asking-Rates-Q2-2015_aerial-qut-800x518.jpg\" alt=\"Going shopping for Class A office space in Silicon Valley? There's a wide range of geographic options, and prices.\" width=\"800\" height=\"518\" srcset=\"https://cdn.kqed.org/wp-content/uploads/sites/10/2015/07/RS15942_Silicon-Valley-Class-A-Asking-Rates-Q2-2015_aerial-qut-800x518.jpg 800w, https://cdn.kqed.org/wp-content/uploads/sites/10/2015/07/RS15942_Silicon-Valley-Class-A-Asking-Rates-Q2-2015_aerial-qut-400x259.jpg 400w, https://cdn.kqed.org/wp-content/uploads/sites/10/2015/07/RS15942_Silicon-Valley-Class-A-Asking-Rates-Q2-2015_aerial-qut-1440x932.jpg 1440w, https://cdn.kqed.org/wp-content/uploads/sites/10/2015/07/RS15942_Silicon-Valley-Class-A-Asking-Rates-Q2-2015_aerial-qut-1180x763.jpg 1180w, https://cdn.kqed.org/wp-content/uploads/sites/10/2015/07/RS15942_Silicon-Valley-Class-A-Asking-Rates-Q2-2015_aerial-qut-960x621.jpg 960w, https://cdn.kqed.org/wp-content/uploads/sites/10/2015/07/RS15942_Silicon-Valley-Class-A-Asking-Rates-Q2-2015_aerial-qut.jpg 1920w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\">\u003c/a>\u003cfigcaption class=\"wp-caption-text\">Going shopping for Class A office space in Silicon Valley? There’s a wide range of geographic options, and prices. \u003ccite>(Courtesy of Clark Steele and Laura Tu, Newmark Cornish & Carey)\u003c/cite>\u003c/figcaption>\u003c/figure>\n\u003cp>At least one marquee firm that essentially sidestepped San Jose in the past is now reportedly \u003ca href=\"http://www.bizjournals.com/sanjose/news/2015/05/20/apple-contemplates-san-jose-expansion-hat-it-means.html\" target=\"_blank\" rel=\"noopener\">circling back\u003c/a> to sniff out big properties: Apple Inc. has been looking at two locations in San Jose for expansion, according to the Silicon Valley Business Journal. The Journal, citing unnamed real estate sources, also reported that Tesla Motors Inc. had looked at one of the same sites.\u003c/p>\n\u003cp>Apple and Tesla both declined to comment.\u003c/p>\n\u003cp>“I think San Jose has been able to attract a number of companies that couldn’t afford the rents in the higher priced areas,” says Joe Horwedel, a former planning director for San Jose.\u003c/p>\n\u003cp>According to \u003cspan class=\"Subhead2\">Kim Walesh, \u003c/span>Director of Economic Development for San Jose, some of the tech companies that have moved into the city in the last 18 months include:\u003c/p>\n\u003cul>\n\u003cli>ABB\u003c/li>\n\u003cli>Barracuda Networks\u003c/li>\n\u003cli>Dice\u003c/li>\n\u003cli>Datawise\u003c/li>\n\u003cli>Naprotek\u003c/li>\n\u003cli>Protein Simple\u003c/li>\n\u003cli>Quanta Cloud Technologies\u003c/li>\n\u003cli>Univision\u003c/li>\n\u003cli>Spiraledge\u003c/li>\n\u003cli>Vander-Bend\u003c/li>\n\u003cli>Verizon\u003c/li>\n\u003c/ul>\n\u003cp>There’s no telling whether Apple or Tesla will be added to the list, but news that they’re considering San Jose is gratifying to Horwedel because it suggests his 31 years spent preparing the way for development in San Jose have been worth it.\u003c/p>\n\u003cp>“We worked through a lot of traffic mitigation,” Horwedel says. “We worked through streamlining the approval process to go and be able to approve projects very quickly. So we set the table.”\u003c/p>\n\u003cfigure id=\"attachment_10593412\" class=\"wp-caption aligncenter\" style=\"max-width: 800px\">\u003ca href=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2015/07/RS15897_IMG_9728-qut.jpg\">\u003cimg loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-10593412\" src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2015/07/RS15897_IMG_9728-qut-800x600.jpg\" alt=\"From San Jose's perspective, too many tech buses head out of the city every work day. \" width=\"800\" height=\"600\" srcset=\"https://cdn.kqed.org/wp-content/uploads/sites/10/2015/07/RS15897_IMG_9728-qut-800x600.jpg 800w, https://cdn.kqed.org/wp-content/uploads/sites/10/2015/07/RS15897_IMG_9728-qut-400x300.jpg 400w, https://cdn.kqed.org/wp-content/uploads/sites/10/2015/07/RS15897_IMG_9728-qut-1440x1080.jpg 1440w, https://cdn.kqed.org/wp-content/uploads/sites/10/2015/07/RS15897_IMG_9728-qut-1180x885.jpg 1180w, https://cdn.kqed.org/wp-content/uploads/sites/10/2015/07/RS15897_IMG_9728-qut-960x720.jpg 960w, https://cdn.kqed.org/wp-content/uploads/sites/10/2015/07/RS15897_IMG_9728-qut.jpg 1920w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\">\u003c/a>\u003cfigcaption class=\"wp-caption-text\">From San Jose’s perspective, too many tech buses head out of the city every work day. \u003ccite>(Rachael Myrow/KQED)\u003c/cite>\u003c/figcaption>\u003c/figure>\n\u003cp>Paul Krutko, who was San Jose’s Chief Development Officer for eight years, agrees. “You have to do some of this work way in advance. Because if you aren’t prepared, if we didn’t do anything on the site [that Apple is examining], Apple [might say] ‘We’d like to locate there,’ and you don’t have the proper zoning, the entitlements, whatever, then they can’t develop it there. They’re going to go to another site.”\u003c/p>\n\u003cp class=\"x_MsoNormal\">A big table has been set. According to the mayor’s office, 10.3 million square feet of office and R&D space is in the pipeline in North San Jose alone, the neighborhood Apple is considering.\u003c/p>\n\u003cp>“We’ve been growing at a record clip for really the last two or three years in terms of jobs,” says Mayor Sam Liccardo. “What we’re seeing in terms of demand for sites from employers has been incredible.”\u003c/p>\n\u003cp>Santa Clara County Assessor Larry Stone says from the time he moved to Sunnyvale in 1970, “Everything historically has rolled from north to south: high tech companies, occupancies, vacancies, rents, roll from Palo Alto south to San Jose.”\u003c/p>\n\u003cp>He says it is important that San Jose takes advantage of the current boom to lock in new tech companies. That’s because while he doesn’t think this tech boom is a bubble, he says he’s seen enough economic busts to doubt that any boom lasts forever.\u003c/p>\n\u003cp>[ad floatright]\u003c/p>\n\u003cp>“Because our cycles tend to be steeper, there’s more pressure for cities to get with it before the inevitable downturn to come.”\u003c/p>\n\n",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003cp>\u003cstrong>Update, Thursday 3:50 p.m.: \u003c/strong>The \u003ca href=\"http://www.bizjournals.com/sanjose/news/2015/07/09/exclusiveapple-signs-major-lease-in-north-san-jose.html?ana=twt\" target=\"_blank\" rel=\"noopener\">Silicon Valley Business Journal\u003c/a> has reported that Apple Inc. signed a major lease for space in San Jose. Citing unnamed sources, the business publication said the Cupertino-based company has reached an agreement to lease nearly 300,000 square feet in North San Jose. The deal, if confirmed, would mark Apple’s first major entry into San Jose in quite some time. Apple wouldn’t comment on the story.\u003c/p>\n\u003cp>\u003cem>This is Part 2 of two-part series looking at why San Jose, the third largest city in California, has faced fiscal problems while the tech boom is enriching the Silicon Valley communities around it. Read \u003ca href=\"http://ww2.kqed.org/news/2015/07/07/why-san-jose-is-barely-in-the-black-despite-the-tech-boom\" target=\"_blank\" rel=\"noopener\">Part 1 here\u003c/a>.\u003c/em>\u003c/p>\n\u003cp>San Jose, the self-described “Capitol of Silicon Valley,” is \u003ca href=\"http://ww2.kqed.org/news/2015/07/07/why-san-jose-is-barely-in-the-black-despite-the-tech-boom\" target=\"_blank\" rel=\"noopener\">barely in the black\u003c/a> after years of deep deficits and painful cutbacks. Why?\u003c/p>\n\u003cp>You could say San Jose didn’t have the luck to be home to one of the tech firms that blew up in this latest boom, like Google, headquartered in Mountain View, or Facebook, based in Menlo Park. But the longer the boom goes on, the more San Jose finally may be getting a piece of the economic action.\u003c/p>\n\u003cp>\u003c/p>\u003cp>\u003c/p>\u003cp>\u003c/p>\n\u003cp>Consider the \u003ca href=\"http://www.wholefoodsmarket.com/stores/sanjose\" target=\"_blank\" rel=\"noopener\">Whole Foods\u003c/a> in downtown San Jose that opened last December. It’s got its own brewery, and it’s steps away from the \u003ca href=\"http://www.sapcenteratsanjose.com/about\" target=\"_blank\" rel=\"noopener\">SAP Center\u003c/a>, a massive arena home to the San Jose Sharks. On warm summer nights, the open-air tap room is packed with people like Oz Rosario and his wife Jaime.\u003c/p>\n\u003cp>\u003c/p>\u003c/div>",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003c/p>\n\u003cp>“They did a tremendous job here,” says Oz Rosario between sips of beer. “It’s just a great ambiance to come and catch some of the city vibe of what’s going on here — the re-gentrification.”\u003c/p>\n\u003cp>The Rosarios came to San Jose two years ago because of his job in tech. He’s in product development at Verizon. They’ve got two kids under three years old. In many ways, they’re exactly the kind of affluent family Whole Foods expected to attract to this store when it signed the lease seven years ago.\u003c/p>\n\u003cp>Rob Twyman, regional president for Whole Foods Northern California, explains the calculation. “We want to be sure it’s a fairly densely populated area: high proportion of college grads proportionately, and that the site itself is strong in terms of its access, visibility and there’s an affinity for natural foods.”\u003c/p>\n\u003cp>According to the US Census, the median household income in San Jose is $81,829. Compare that to $75,604 in San Francisco. But San Jose lags other cities in the region in capitalizing on sales tax revenues. People shop regionally without regard for city borders. So while Whole Foods has stores in nearby small cities — Campbell and Los Gatos, and another coming soon in Santa Clara — San Jose has only two.\u003c/p>\n\u003cp>San Jose officials say this city of a million people serves as a bedroom community for the region. But in order to provide those residents with the city services they require, urban planners say San Jose needs to pull in more retail and corporate development.\u003c/p>\n\u003cp>Silicon Valley tech companies are the city’s natural target. To start with, the city is home to tech giants from previous tech booms.\u003c/p>\n\u003cp>“To be fair, Cisco Systems in North San Jose isn’t something to sneeze at,” says Paul Krutko, who was San Jose’s Chief Development Officer for eight years. “Adobe headquartering in San Jose is nothing to sneeze at. Ebay, Pay Pal. Two IBM research centers.”\u003c/p>\n\u003cp>But San Jose \u003ca href=\"http://ww2.kqed.org/news/2015/01/07/big-tech-changes-character-of-downtown-redwood-city\" target=\"_blank\" rel=\"noopener\">has been slower\u003c/a> to draw in tech companies from this latest boom, even though many of them have expanded across the region with multiple campuses.\u003c/p>\n\u003cp>That said, the very fact San Jose has lagged behind the rest of the region may now prove to be its saving grace. Much of the rest of Silicon Valley is tapped out for big spaces, and San Jose now seems relatively open and cheap by comparison.\u003c/p>\n\u003cfigure id=\"attachment_10584721\" class=\"wp-caption aligncenter\" style=\"max-width: 800px\">\u003ca href=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2015/07/RS15942_Silicon-Valley-Class-A-Asking-Rates-Q2-2015_aerial-qut.jpg\">\u003cimg loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-10584721\" src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2015/07/RS15942_Silicon-Valley-Class-A-Asking-Rates-Q2-2015_aerial-qut-800x518.jpg\" alt=\"Going shopping for Class A office space in Silicon Valley? There's a wide range of geographic options, and prices.\" width=\"800\" height=\"518\" srcset=\"https://cdn.kqed.org/wp-content/uploads/sites/10/2015/07/RS15942_Silicon-Valley-Class-A-Asking-Rates-Q2-2015_aerial-qut-800x518.jpg 800w, https://cdn.kqed.org/wp-content/uploads/sites/10/2015/07/RS15942_Silicon-Valley-Class-A-Asking-Rates-Q2-2015_aerial-qut-400x259.jpg 400w, https://cdn.kqed.org/wp-content/uploads/sites/10/2015/07/RS15942_Silicon-Valley-Class-A-Asking-Rates-Q2-2015_aerial-qut-1440x932.jpg 1440w, https://cdn.kqed.org/wp-content/uploads/sites/10/2015/07/RS15942_Silicon-Valley-Class-A-Asking-Rates-Q2-2015_aerial-qut-1180x763.jpg 1180w, https://cdn.kqed.org/wp-content/uploads/sites/10/2015/07/RS15942_Silicon-Valley-Class-A-Asking-Rates-Q2-2015_aerial-qut-960x621.jpg 960w, https://cdn.kqed.org/wp-content/uploads/sites/10/2015/07/RS15942_Silicon-Valley-Class-A-Asking-Rates-Q2-2015_aerial-qut.jpg 1920w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\">\u003c/a>\u003cfigcaption class=\"wp-caption-text\">Going shopping for Class A office space in Silicon Valley? There’s a wide range of geographic options, and prices. \u003ccite>(Courtesy of Clark Steele and Laura Tu, Newmark Cornish & Carey)\u003c/cite>\u003c/figcaption>\u003c/figure>\n\u003cp>At least one marquee firm that essentially sidestepped San Jose in the past is now reportedly \u003ca href=\"http://www.bizjournals.com/sanjose/news/2015/05/20/apple-contemplates-san-jose-expansion-hat-it-means.html\" target=\"_blank\" rel=\"noopener\">circling back\u003c/a> to sniff out big properties: Apple Inc. has been looking at two locations in San Jose for expansion, according to the Silicon Valley Business Journal. The Journal, citing unnamed real estate sources, also reported that Tesla Motors Inc. had looked at one of the same sites.\u003c/p>\n\u003cp>Apple and Tesla both declined to comment.\u003c/p>\n\u003cp>“I think San Jose has been able to attract a number of companies that couldn’t afford the rents in the higher priced areas,” says Joe Horwedel, a former planning director for San Jose.\u003c/p>\n\u003cp>According to \u003cspan class=\"Subhead2\">Kim Walesh, \u003c/span>Director of Economic Development for San Jose, some of the tech companies that have moved into the city in the last 18 months include:\u003c/p>\n\u003cul>\n\u003cli>ABB\u003c/li>\n\u003cli>Barracuda Networks\u003c/li>\n\u003cli>Dice\u003c/li>\n\u003cli>Datawise\u003c/li>\n\u003cli>Naprotek\u003c/li>\n\u003cli>Protein Simple\u003c/li>\n\u003cli>Quanta Cloud Technologies\u003c/li>\n\u003cli>Univision\u003c/li>\n\u003cli>Spiraledge\u003c/li>\n\u003cli>Vander-Bend\u003c/li>\n\u003cli>Verizon\u003c/li>\n\u003c/ul>\n\u003cp>There’s no telling whether Apple or Tesla will be added to the list, but news that they’re considering San Jose is gratifying to Horwedel because it suggests his 31 years spent preparing the way for development in San Jose have been worth it.\u003c/p>\n\u003cp>“We worked through a lot of traffic mitigation,” Horwedel says. “We worked through streamlining the approval process to go and be able to approve projects very quickly. So we set the table.”\u003c/p>\n\u003cfigure id=\"attachment_10593412\" class=\"wp-caption aligncenter\" style=\"max-width: 800px\">\u003ca href=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2015/07/RS15897_IMG_9728-qut.jpg\">\u003cimg loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-10593412\" src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2015/07/RS15897_IMG_9728-qut-800x600.jpg\" alt=\"From San Jose's perspective, too many tech buses head out of the city every work day. \" width=\"800\" height=\"600\" srcset=\"https://cdn.kqed.org/wp-content/uploads/sites/10/2015/07/RS15897_IMG_9728-qut-800x600.jpg 800w, https://cdn.kqed.org/wp-content/uploads/sites/10/2015/07/RS15897_IMG_9728-qut-400x300.jpg 400w, https://cdn.kqed.org/wp-content/uploads/sites/10/2015/07/RS15897_IMG_9728-qut-1440x1080.jpg 1440w, https://cdn.kqed.org/wp-content/uploads/sites/10/2015/07/RS15897_IMG_9728-qut-1180x885.jpg 1180w, https://cdn.kqed.org/wp-content/uploads/sites/10/2015/07/RS15897_IMG_9728-qut-960x720.jpg 960w, https://cdn.kqed.org/wp-content/uploads/sites/10/2015/07/RS15897_IMG_9728-qut.jpg 1920w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\">\u003c/a>\u003cfigcaption class=\"wp-caption-text\">From San Jose’s perspective, too many tech buses head out of the city every work day. \u003ccite>(Rachael Myrow/KQED)\u003c/cite>\u003c/figcaption>\u003c/figure>\n\u003cp>Paul Krutko, who was San Jose’s Chief Development Officer for eight years, agrees. “You have to do some of this work way in advance. Because if you aren’t prepared, if we didn’t do anything on the site [that Apple is examining], Apple [might say] ‘We’d like to locate there,’ and you don’t have the proper zoning, the entitlements, whatever, then they can’t develop it there. They’re going to go to another site.”\u003c/p>\n\u003cp class=\"x_MsoNormal\">A big table has been set. According to the mayor’s office, 10.3 million square feet of office and R&D space is in the pipeline in North San Jose alone, the neighborhood Apple is considering.\u003c/p>\n\u003cp>“We’ve been growing at a record clip for really the last two or three years in terms of jobs,” says Mayor Sam Liccardo. “What we’re seeing in terms of demand for sites from employers has been incredible.”\u003c/p>\n\u003cp>Santa Clara County Assessor Larry Stone says from the time he moved to Sunnyvale in 1970, “Everything historically has rolled from north to south: high tech companies, occupancies, vacancies, rents, roll from Palo Alto south to San Jose.”\u003c/p>\n\u003cp>He says it is important that San Jose takes advantage of the current boom to lock in new tech companies. That’s because while he doesn’t think this tech boom is a bubble, he says he’s seen enough economic busts to doubt that any boom lasts forever.\u003c/p>\n\u003cp>\u003c/p>\u003c/div>",
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"disqusTitle": "Who Wants to Design a Hyperloop for Elon Musk?",
"title": "Who Wants to Design a Hyperloop for Elon Musk?",
"headTitle": "The California Report | KQED News",
"content": "\u003cp>It's been two years since Elon Musk of \u003ca href=\"http://www.teslamotors.com/\" target=\"_blank\">Tesla Motors \u003c/a>and \u003ca href=\"http://www.spacex.com/\" target=\"_blank\">SpaceX\u003c/a> fame unveiled his concept for a \u003ca href=\"http://www.spacex.com/hyperloop\" target=\"_blank\">Hyperloop\u003c/a>, a high-speed vacuum tube of sorts that would whisk travelers between Los Angeles and San Francisco at speeds up to 760 mph. Turns out he's hoping somebody else will come up with the blueprints -- and there are people game to do it, too.\u003c/p>\n\u003cp>Who would want to get knee-deep into development of open source –- i.e., free to the public -- plans for a company that has no intention of commercially developing the end product?\u003c/p>\n\u003cp>[soundcloud url=\"https://api.soundcloud.com/tracks/210927419\" params=\"color=ff5500&auto_play=false&hide_related=false&show_comments=true&show_user=true&show_reposts=false\" width=\"100%\" height=\"166\" iframe=\"true\" /] \u003c/p>\n\u003cp>The \u003ca href=\"http://www.spacex.com/sites/spacex/files/spacex_hyperloop_pod_competition.pdf\" target=\"_blank\">SpaceX Hyperloop Pod Competition\u003c/a> suggests an answer: the kind of people galvanized by the prospect of a modern-day moonshot, knowing the work could have practical applications well beyond the initial product.\u003c/p>\n\u003caside class=\"pullquote alignright\">A latter-day moonshot designed to move travelers from Los Angeles to San Francisco -- or the other way -- in half an hour.\u003c/aside>\n\u003cp>USC professor \u003ca href=\"http://gapp.usc.edu/about/faculty/geoff-spedding\" target=\"_blank\">Geoffrey Spedding\u003c/a> is putting a team together from multiple engineering disciplines. The aerospace and mechanical engineer says Silicon Valley has turned its creative attention from moving data around to moving mass.\u003c/p>\n\u003cp>[ad fullwidth]\u003c/p>\n\u003cp>\"Cars and, well, Hyperloops and unmanned air vehicles and all kinds of things like that, which, in my opinion, will spur a whole new, exciting revolution,\" Spedding says.\u003c/p>\n\u003cp>Teams will sign up in September, submit final designs in December and then present their ideas in person in January to a panel of university professors and engineers from SpaceX and Tesla. Then the contestants and their pods face off on a 1-mile test track somewhere near SpaceX headquarters in the Los Angeles suburb of Hawthorne. (How one is able to demonstrate high speeds on a 1-mile track is a big open question.) \u003c/p>\n\u003cp>The company may also build its own demonstration pod -- but it won't be eligible to win. It's \u003ca href=\"http://www.hollywoodreporter.com/gallery/inside-hyperloops-top-secret-la-802560/9-white-coats-abound\" target=\"_blank\">already developing\u003c/a> technology at its offices.\u003c/p>\n\u003cp>More details of the competition will be released in August. Texas A&M University will host the January design event, where teams will get feedback and companies can connect with the ones they want to sponsor.\u003c/p>\n\u003cp>https://www.youtube.com/watch?v=3ms3pHE9aCU\u003c/p>\n\u003cp>In recent months, a handful of independent startups \u003ca href=\"http://news.nationalgeographic.com/energy/2015/06/150602-Musk-sonic-hyperloop-gets-California-stretch/\" target=\"_blank\">have started\u003c/a> working on the project, including \u003ca href=\"http://hyperlooptech.com/\" target=\"_blank\">Hyperloop Technologies\u003c/a>, which has leased warehouse space in downtown Los Angeles.\u003c/p>\n\u003cp>Professor Spedding says he can see the obvious appeal of the competition for students, but companies ... not so much. Not when the ideas will all be open source. \"They’re not going to make any money if it’s all public property.\"\u003c/p>\n\u003cp>Maybe, maybe not. When he first introduced his Hyperloop design in 2013, Musk said he was \"\u003ca href=\"http://www.spacex.com/hyperloopalpha\" target=\"_blank\">disappointed\u003c/a>\" with \u003ca href=\"http://www.hsr.ca.gov/\" target=\"_blank\">California high-speed rail\u003c/a>. But that line is already under construction, and its survival arguably has more to do with politics than engineering -- even if it is not anticipated to reach speeds far beyond 200 miles an hour.\u003c/p>\n\u003cp>The political viability of an unsolicited alternative may be close to nil, but would-be inventors are betting the contest can expose them to potential investors and the media. After all, when Elon Musk muses, the rest of the world pays attention. It's also a compelling line of scientific inquiry.\u003c/p>\n\u003cp>Professor Spedding said he was initially skeptical of Musk's proposal, but then he read the position paper. \"He's thought about this from a fundamental point of view. I wouldn't say that I'm a born-again believer, but I think there's sufficient analysis already been done to merit further investigation.\"\u003c/p>\n\u003cp>\u003c/p>\n\u003cp>Spedding's not worried, just yet, about practical application in any sense other than engineering. \"If and only if the engineering makes sense, then we can start to think seriously about the other aspects. Nothing is going to work unless the engineering works.\"\u003c/p>\n\n",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003cp>It's been two years since Elon Musk of \u003ca href=\"http://www.teslamotors.com/\" target=\"_blank\">Tesla Motors \u003c/a>and \u003ca href=\"http://www.spacex.com/\" target=\"_blank\">SpaceX\u003c/a> fame unveiled his concept for a \u003ca href=\"http://www.spacex.com/hyperloop\" target=\"_blank\">Hyperloop\u003c/a>, a high-speed vacuum tube of sorts that would whisk travelers between Los Angeles and San Francisco at speeds up to 760 mph. Turns out he's hoping somebody else will come up with the blueprints -- and there are people game to do it, too.\u003c/p>\n\u003cp>Who would want to get knee-deep into development of open source –- i.e., free to the public -- plans for a company that has no intention of commercially developing the end product?\u003c/p>\n\u003cp>\u003c/p>\u003cp>\u003cdiv class='utils-parseShortcode-shortcodes-__shortcodes__shortcodeWrapper'>\n \u003ciframe width='100%' height='166'\n scrolling='no' frameborder='no'\n src='https://w.soundcloud.com/player/?url=https://api.soundcloud.com/tracks/210927419&visual=true&color=ff5500&auto_play=false&hide_related=false&show_comments=true&show_user=true&show_reposts=false'\n title='https://api.soundcloud.com/tracks/210927419'>\n \u003c/iframe>\n \u003c/div>\u003c/p>\u003cp> \u003c/p>\n\u003cp>The \u003ca href=\"http://www.spacex.com/sites/spacex/files/spacex_hyperloop_pod_competition.pdf\" target=\"_blank\">SpaceX Hyperloop Pod Competition\u003c/a> suggests an answer: the kind of people galvanized by the prospect of a modern-day moonshot, knowing the work could have practical applications well beyond the initial product.\u003c/p>\n\u003caside class=\"pullquote alignright\">A latter-day moonshot designed to move travelers from Los Angeles to San Francisco -- or the other way -- in half an hour.\u003c/aside>\n\u003cp>USC professor \u003ca href=\"http://gapp.usc.edu/about/faculty/geoff-spedding\" target=\"_blank\">Geoffrey Spedding\u003c/a> is putting a team together from multiple engineering disciplines. The aerospace and mechanical engineer says Silicon Valley has turned its creative attention from moving data around to moving mass.\u003c/p>\n\u003cp>\u003c/p>\u003c/div>",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003c/p>\n\u003cp>\"Cars and, well, Hyperloops and unmanned air vehicles and all kinds of things like that, which, in my opinion, will spur a whole new, exciting revolution,\" Spedding says.\u003c/p>\n\u003cp>Teams will sign up in September, submit final designs in December and then present their ideas in person in January to a panel of university professors and engineers from SpaceX and Tesla. Then the contestants and their pods face off on a 1-mile test track somewhere near SpaceX headquarters in the Los Angeles suburb of Hawthorne. (How one is able to demonstrate high speeds on a 1-mile track is a big open question.) \u003c/p>\n\u003cp>The company may also build its own demonstration pod -- but it won't be eligible to win. It's \u003ca href=\"http://www.hollywoodreporter.com/gallery/inside-hyperloops-top-secret-la-802560/9-white-coats-abound\" target=\"_blank\">already developing\u003c/a> technology at its offices.\u003c/p>\n\u003cp>More details of the competition will be released in August. Texas A&M University will host the January design event, where teams will get feedback and companies can connect with the ones they want to sponsor.\u003c/p>\u003c/p>\u003cp>\u003cspan class='utils-parseShortcode-shortcodes-__youtubeShortcode__embedYoutube'>\n \u003cspan class='utils-parseShortcode-shortcodes-__youtubeShortcode__embedYoutubeInside'>\n \u003ciframe\n loading='lazy'\n class='utils-parseShortcode-shortcodes-__youtubeShortcode__youtubePlayer'\n type='text/html'\n src='//www.youtube.com/embed/3ms3pHE9aCU'\n title='//www.youtube.com/embed/3ms3pHE9aCU'\n allowfullscreen='true'\n style='border:0;'>\u003c/iframe>\n \u003c/span>\n \u003c/span>\u003c/p>\u003cp>\u003cp>In recent months, a handful of independent startups \u003ca href=\"http://news.nationalgeographic.com/energy/2015/06/150602-Musk-sonic-hyperloop-gets-California-stretch/\" target=\"_blank\">have started\u003c/a> working on the project, including \u003ca href=\"http://hyperlooptech.com/\" target=\"_blank\">Hyperloop Technologies\u003c/a>, which has leased warehouse space in downtown Los Angeles.\u003c/p>\n\u003cp>Professor Spedding says he can see the obvious appeal of the competition for students, but companies ... not so much. Not when the ideas will all be open source. \"They’re not going to make any money if it’s all public property.\"\u003c/p>\n\u003cp>Maybe, maybe not. When he first introduced his Hyperloop design in 2013, Musk said he was \"\u003ca href=\"http://www.spacex.com/hyperloopalpha\" target=\"_blank\">disappointed\u003c/a>\" with \u003ca href=\"http://www.hsr.ca.gov/\" target=\"_blank\">California high-speed rail\u003c/a>. But that line is already under construction, and its survival arguably has more to do with politics than engineering -- even if it is not anticipated to reach speeds far beyond 200 miles an hour.\u003c/p>\n\u003cp>The political viability of an unsolicited alternative may be close to nil, but would-be inventors are betting the contest can expose them to potential investors and the media. After all, when Elon Musk muses, the rest of the world pays attention. It's also a compelling line of scientific inquiry.\u003c/p>\n\u003cp>Professor Spedding said he was initially skeptical of Musk's proposal, but then he read the position paper. \"He's thought about this from a fundamental point of view. I wouldn't say that I'm a born-again believer, but I think there's sufficient analysis already been done to merit further investigation.\"\u003c/p>\n\u003cp>\u003c/p>\n\u003cp>Spedding's not worried, just yet, about practical application in any sense other than engineering. \"If and only if the engineering makes sense, then we can start to think seriously about the other aspects. Nothing is going to work unless the engineering works.\"\u003c/p>\n\n\u003c/div>\u003c/p>",
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"disqusTitle": "Tesla Chooses Nevada for Massive New Battery Plant, Sources Say",
"title": "Tesla Chooses Nevada for Massive New Battery Plant, Sources Say",
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"content": "\u003cfigure id=\"attachment_143508\" class=\"wp-caption aligncenter\" style=\"max-width: 640px\">\u003ca href=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2014/07/176645523.jpg\">\u003cimg class=\"size-medium wp-image-143508\" src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2014/07/176645523-640x410.jpg\" alt=\"Vehicle charging stations at Tesla Motors plant in Fremont. (Justin Sullivan/Getty Images)\" width=\"640\" height=\"410\">\u003c/a>\u003cfigcaption class=\"wp-caption-text\">Vehicle charging stations at Tesla Motors plant in Fremont. (Justin Sullivan/Getty Images)\u003c/figcaption>\u003c/figure>\n\u003cp>RENO, Nevada — Tesla Motors has chosen Nevada as the site for a massive $5 billion factory that will pump out batteries for a new generation of less expensive electric cars, a person familiar with the company's plans said Wednesday.\u003c/p>\n\u003cp>The person, who spoke on condition of anonymity because no official announcement was made, said work soon will resume at an industrial park outside Reno. Nevada still must approve a package of incentives Tesla negotiated.\u003c/p>\n\u003cp>[Separately, \u003ca href=\"http://www.rgj.com/story/money/reno-rebirth/2014/09/03/tesla/15028515/\" target=\"_blank\">the Reno Gazette-Journal reports\u003c/a> that Nevada Gov. Brian Sandoval confirmed \"that he will make a major economic development announcement on Thursday and that Tesla executives will be in attendance.\" The paper said Sandoval is meeting with leaders of the Nevada Legislature to finalize \"what is expected to be a massive tax incentive package.\"]\u003c/p>\n\u003cp>A spokesman for Tesla, based in Palo Alto, California, said company representatives would be at the Capitol in Carson City for the announcement but offered no other details.\u003c/p>\n\u003cp>Four other states — California, Texas, Arizona and New Mexico — were vying for the project and the estimated 6,500 jobs it will bring.\u003c/p>\n\u003cp>[ad fullwidth]\u003c/p>\n\u003cp>Tesla needs what it calls the \"gigafactory\" to make cheaper batteries for its Model 3, a mass-market electric car the company hopes to sell by 2017 for around $35,000. Currently, Tesla offers only the Model S sedan, which starts at $70,000.\u003c/p>\n\u003cp>Tesla \u003ca href=\"http://ww2.kqed.org/news/2014/07/31/tesla-breaks-ground-on-potential-nevada-site-for-battery-factory/\" target=\"_blank\">has done site-preparation work \u003c/a>at the Reno Tahoe Industrial Center but had not publicly committed to building in Nevada, instead waiting as other states put together their best packages of economic incentives.\u003c/p>\n\u003cp>This spring, Tesla CEO Elon Musk announced that the company would take the extremely unusual step of spending millions to prepare sites in two states — or perhaps even three — before choosing a winner.\u003c/p>\n\u003cp>The person familiar with Tesla's plans told the Associated Press a second site still will be prepared, in case Nevada is unable to deliver the incentives it has promised — or possibly to build a second factory.\u003c/p>\n\u003cp>Sandoval has declined to discuss any incentives he has offered during negotiations with Tesla. Based on Musk's public statements of what he expects a winning bid would be worth, the incentive package likely will total at least $500 million. Sandoval would have to call a special session of the state Legislature to approve tax breaks, grants or other incentives of that magnitude.\u003c/p>\n\u003cp>Nevada's other advantages include low tax rates, plenty of sun and wind to generate \"green\" power, and relative proximity to Tesla's manufacturing plant in the San Francisco Bay Area. The industrial park 15 miles east of Reno also is near a deposit of lithium, an essential element to produce the battery cells.\u003c/p>\n\u003cp>Tesla will pay about half of the factory's cost. The other major investor is Panasonic, which will manufacture the lithium-ion battery cells and invest in equipment.\u003c/p>\n\u003cp>Lance Gilman, principal and director of the Reno Tahoe Industrial Center, said he had not been told of a final decision.\u003c/p>\n\u003cp>\"It would be the most exciting news of the century to me,\" he said.\u003c/p>\n\u003cp>At 167 square miles of high desert, the industrial park is the nation's largest — befitting of such a large factory. Tesla has said it would need about 10 million square feet.\u003c/p>\n\u003cp>Competition has been intense among the states, which have bid up their incentive packages in private negotiations with Tesla.\u003c/p>\n\u003cp>Some politicians in California, the state where Musk founded not just Tesla but PayPal and commercial space exploration firm SpaceX, made winning the gigafactory a point of pride.\u003c/p>\n\u003cp>\"Tesla is a California-born company that the state has invested heavily in, and we want it to succeed,\" Sen. Ted Gaines (R-Roseville) said in a written statement. \"It makes complete sense for it to expand right here, close to its headquarters, yet they are headed out of state.\"\u003c/p>\n\u003cp>He called Tesla's decision a \"clear indictment of our business climate.\"\u003c/p>\n\u003cp>California Gov. Jerry Brown had signaled he would work with Tesla to ease environmental review requirements that would have made building the plant in a few years impossible. Brook Taylor, a spokesman for Brown's economic development agency, said he could not immediately comment.\u003c/p>\n\u003cp>\u003c/p>\n\u003cp>\u003cem>\u003ca href=\"https://twitter.com/JWilliamsAP\" target=\"_blank\">Juliet Williams\u003c/a> in Sacramento contributed to this report. Pritchard reported from Los Angeles. \u003c/em>\u003c/p>\n\n",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003cfigure id=\"attachment_143508\" class=\"wp-caption aligncenter\" style=\"max-width: 640px\">\u003ca href=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2014/07/176645523.jpg\">\u003cimg class=\"size-medium wp-image-143508\" src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2014/07/176645523-640x410.jpg\" alt=\"Vehicle charging stations at Tesla Motors plant in Fremont. (Justin Sullivan/Getty Images)\" width=\"640\" height=\"410\">\u003c/a>\u003cfigcaption class=\"wp-caption-text\">Vehicle charging stations at Tesla Motors plant in Fremont. (Justin Sullivan/Getty Images)\u003c/figcaption>\u003c/figure>\n\u003cp>RENO, Nevada — Tesla Motors has chosen Nevada as the site for a massive $5 billion factory that will pump out batteries for a new generation of less expensive electric cars, a person familiar with the company's plans said Wednesday.\u003c/p>\n\u003cp>The person, who spoke on condition of anonymity because no official announcement was made, said work soon will resume at an industrial park outside Reno. Nevada still must approve a package of incentives Tesla negotiated.\u003c/p>\n\u003cp>[Separately, \u003ca href=\"http://www.rgj.com/story/money/reno-rebirth/2014/09/03/tesla/15028515/\" target=\"_blank\">the Reno Gazette-Journal reports\u003c/a> that Nevada Gov. Brian Sandoval confirmed \"that he will make a major economic development announcement on Thursday and that Tesla executives will be in attendance.\" The paper said Sandoval is meeting with leaders of the Nevada Legislature to finalize \"what is expected to be a massive tax incentive package.\"]\u003c/p>\n\u003cp>A spokesman for Tesla, based in Palo Alto, California, said company representatives would be at the Capitol in Carson City for the announcement but offered no other details.\u003c/p>\n\u003cp>Four other states — California, Texas, Arizona and New Mexico — were vying for the project and the estimated 6,500 jobs it will bring.\u003c/p>\n\u003cp>\u003c/p>\u003c/div>",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003c/p>\n\u003cp>Tesla needs what it calls the \"gigafactory\" to make cheaper batteries for its Model 3, a mass-market electric car the company hopes to sell by 2017 for around $35,000. Currently, Tesla offers only the Model S sedan, which starts at $70,000.\u003c/p>\n\u003cp>Tesla \u003ca href=\"http://ww2.kqed.org/news/2014/07/31/tesla-breaks-ground-on-potential-nevada-site-for-battery-factory/\" target=\"_blank\">has done site-preparation work \u003c/a>at the Reno Tahoe Industrial Center but had not publicly committed to building in Nevada, instead waiting as other states put together their best packages of economic incentives.\u003c/p>\n\u003cp>This spring, Tesla CEO Elon Musk announced that the company would take the extremely unusual step of spending millions to prepare sites in two states — or perhaps even three — before choosing a winner.\u003c/p>\n\u003cp>The person familiar with Tesla's plans told the Associated Press a second site still will be prepared, in case Nevada is unable to deliver the incentives it has promised — or possibly to build a second factory.\u003c/p>\n\u003cp>Sandoval has declined to discuss any incentives he has offered during negotiations with Tesla. Based on Musk's public statements of what he expects a winning bid would be worth, the incentive package likely will total at least $500 million. Sandoval would have to call a special session of the state Legislature to approve tax breaks, grants or other incentives of that magnitude.\u003c/p>\n\u003cp>Nevada's other advantages include low tax rates, plenty of sun and wind to generate \"green\" power, and relative proximity to Tesla's manufacturing plant in the San Francisco Bay Area. The industrial park 15 miles east of Reno also is near a deposit of lithium, an essential element to produce the battery cells.\u003c/p>\n\u003cp>Tesla will pay about half of the factory's cost. The other major investor is Panasonic, which will manufacture the lithium-ion battery cells and invest in equipment.\u003c/p>\n\u003cp>Lance Gilman, principal and director of the Reno Tahoe Industrial Center, said he had not been told of a final decision.\u003c/p>\n\u003cp>\"It would be the most exciting news of the century to me,\" he said.\u003c/p>\n\u003cp>At 167 square miles of high desert, the industrial park is the nation's largest — befitting of such a large factory. Tesla has said it would need about 10 million square feet.\u003c/p>\n\u003cp>Competition has been intense among the states, which have bid up their incentive packages in private negotiations with Tesla.\u003c/p>\n\u003cp>Some politicians in California, the state where Musk founded not just Tesla but PayPal and commercial space exploration firm SpaceX, made winning the gigafactory a point of pride.\u003c/p>\n\u003cp>\"Tesla is a California-born company that the state has invested heavily in, and we want it to succeed,\" Sen. Ted Gaines (R-Roseville) said in a written statement. \"It makes complete sense for it to expand right here, close to its headquarters, yet they are headed out of state.\"\u003c/p>\n\u003cp>He called Tesla's decision a \"clear indictment of our business climate.\"\u003c/p>\n\u003cp>California Gov. Jerry Brown had signaled he would work with Tesla to ease environmental review requirements that would have made building the plant in a few years impossible. Brook Taylor, a spokesman for Brown's economic development agency, said he could not immediately comment.\u003c/p>\n\u003cp>\u003c/p>\n\u003cp>\u003cem>\u003ca href=\"https://twitter.com/JWilliamsAP\" target=\"_blank\">Juliet Williams\u003c/a> in Sacramento contributed to this report. Pritchard reported from Los Angeles. \u003c/em>\u003c/p>\n\n\u003c/div>\u003c/p>",
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"content": "\u003cfigure id=\"attachment_138259\" class=\"wp-caption aligncenter\" style=\"max-width: 640px\">\u003cimg class=\"size-medium wp-image-138259\" src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2014/06/177205738-640x421.jpg\" alt=\"A Tesla car being assembled at the new Tesla Motors car factory in Tilburg, the Netherlands. (Guus Schoonewille/AFP/Getty Images)\" width=\"640\" height=\"421\">\u003cfigcaption class=\"wp-caption-text\">A Tesla electric vehicle being assembled at the Tesla Motors car factory in Tilburg, the Netherlands. (Guus Schoonewille/AFP/Getty Images)\u003c/figcaption>\u003c/figure>\n\u003cp>California has set a lofty goal for itself: putting 1.5 million zero-emission cars on the road by 2025.\u003c/p>\n\u003cp>But to reach that target, a lot more people are going to have to buy electric vehicles, which typically cost more and travel far shorter distances on a single charge than traditional cars do on a tank of gas. The state does have a rebate program to entice more Californians to go electric, but it has been underfunded and many of those subsidies are going to the state’s wealthiest residents. Now a bill working its way through the Legislature would establish a limit on income for those qualifying for an electric-vehicle rebate.\u003c/p>\n\u003cp>Jerry Hirsch is a reporter with the L.A. Times who wrote an extensive \u003ca href=\"http://www.latimes.com/business/autos/la-fi-hy-electric-car-rebates-20140807-story.html#page=1\" target=\"_blank\">story\u003c/a> on the issue Thursday. KQED's Tara Siler spoke with him yesterday. \u003ca href=\"https://soundcloud.com/kqed/states-electric-vehicle-subsidies-largely-going-to-wealthiest-residents\" target=\"_blank\">Listen here\u003c/a>:\u003c/p>\n\u003cp>\u003ciframe src=\"https://w.soundcloud.com/player/?url=https%3A//api.soundcloud.com/tracks/162192695&color=ff5500&auto_play=false&hide_related=false&show_comments=true&show_user=true&show_reposts=false\" width=\"100%\" height=\"166\" frameborder=\"no\" scrolling=\"no\">\u003c/iframe>\u003c/p>\n\u003cp>Hirsch said only roughly 150,000 zero-emission vehicles have been sold in the state to date, over many years. Nine times that amount would have to be sold in the next 11 years in order to meet the state's target.\u003c/p>\n\u003cp>[ad fullwidth]\u003c/p>\n\u003cp>California currently offers a $2,500 subsidy per electric vehicle, and the federal government also offers a $7,500 tax credit. There is currently a waiting list of 13,500 people who have filed for the rebate but have yet to receive it, because the Clean Vehicle Rebate Project ran out of funds this year. Hirsch said most of the rebates have gone to individuals who make more than $100,000 per year, which, he said, raises the question of whether taxpayers should be \"subsidizing wealthy people to purchases Teslas. .... Tesla's such a cool vehicle, maybe it would sell just as well to these affluent people without a rebate, and then the state can channel that money into providing rebates for, let's say, used electric vehicles or less expensive electric vehicles that low and middle-income people may be able to get into easier. \"\u003c/p>\n\u003cp>\u003c/p>\n\u003cp>To that end, \u003ca href=\"http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201320140SB1275\">SB1275\u003c/a> would instruct the California Air Resources Board to set a cap on income in order to qualify for the electric vehicle rebate; the exact cutoff would be determined by the board. The bill would also allow low-income households to bundle various types of incentives into purchasing an electric car, potentially bringing the cost of a vehicle down by thousands of dollars more.\u003c/p>\n\n",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003cfigure id=\"attachment_138259\" class=\"wp-caption aligncenter\" style=\"max-width: 640px\">\u003cimg class=\"size-medium wp-image-138259\" src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2014/06/177205738-640x421.jpg\" alt=\"A Tesla car being assembled at the new Tesla Motors car factory in Tilburg, the Netherlands. (Guus Schoonewille/AFP/Getty Images)\" width=\"640\" height=\"421\">\u003cfigcaption class=\"wp-caption-text\">A Tesla electric vehicle being assembled at the Tesla Motors car factory in Tilburg, the Netherlands. (Guus Schoonewille/AFP/Getty Images)\u003c/figcaption>\u003c/figure>\n\u003cp>California has set a lofty goal for itself: putting 1.5 million zero-emission cars on the road by 2025.\u003c/p>\n\u003cp>But to reach that target, a lot more people are going to have to buy electric vehicles, which typically cost more and travel far shorter distances on a single charge than traditional cars do on a tank of gas. The state does have a rebate program to entice more Californians to go electric, but it has been underfunded and many of those subsidies are going to the state’s wealthiest residents. Now a bill working its way through the Legislature would establish a limit on income for those qualifying for an electric-vehicle rebate.\u003c/p>\n\u003cp>Jerry Hirsch is a reporter with the L.A. Times who wrote an extensive \u003ca href=\"http://www.latimes.com/business/autos/la-fi-hy-electric-car-rebates-20140807-story.html#page=1\" target=\"_blank\">story\u003c/a> on the issue Thursday. KQED's Tara Siler spoke with him yesterday. \u003ca href=\"https://soundcloud.com/kqed/states-electric-vehicle-subsidies-largely-going-to-wealthiest-residents\" target=\"_blank\">Listen here\u003c/a>:\u003c/p>\n\u003cp>\u003ciframe src=\"https://w.soundcloud.com/player/?url=https%3A//api.soundcloud.com/tracks/162192695&color=ff5500&auto_play=false&hide_related=false&show_comments=true&show_user=true&show_reposts=false\" width=\"100%\" height=\"166\" frameborder=\"no\" scrolling=\"no\">\u003c/iframe>\u003c/p>\n\u003cp>Hirsch said only roughly 150,000 zero-emission vehicles have been sold in the state to date, over many years. Nine times that amount would have to be sold in the next 11 years in order to meet the state's target.\u003c/p>\n\u003cp>\u003c/p>\u003c/div>",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003c/p>\n\u003cp>California currently offers a $2,500 subsidy per electric vehicle, and the federal government also offers a $7,500 tax credit. There is currently a waiting list of 13,500 people who have filed for the rebate but have yet to receive it, because the Clean Vehicle Rebate Project ran out of funds this year. Hirsch said most of the rebates have gone to individuals who make more than $100,000 per year, which, he said, raises the question of whether taxpayers should be \"subsidizing wealthy people to purchases Teslas. .... Tesla's such a cool vehicle, maybe it would sell just as well to these affluent people without a rebate, and then the state can channel that money into providing rebates for, let's say, used electric vehicles or less expensive electric vehicles that low and middle-income people may be able to get into easier. \"\u003c/p>\n\u003cp>\u003c/p>\n\u003cp>To that end, \u003ca href=\"http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201320140SB1275\">SB1275\u003c/a> would instruct the California Air Resources Board to set a cap on income in order to qualify for the electric vehicle rebate; the exact cutoff would be determined by the board. The bill would also allow low-income households to bundle various types of incentives into purchasing an electric car, potentially bringing the cost of a vehicle down by thousands of dollars more.\u003c/p>\n\n\u003c/div>\u003c/p>",
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"content": "\u003cfigure id=\"attachment_143508\" class=\"wp-caption aligncenter\" style=\"max-width: 640px\">\u003ca href=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2014/07/176645523.jpg\">\u003cimg loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-143508\" src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2014/07/176645523-640x410.jpg\" alt=\"Vehicle charging stations at Tesla Motors plant in Fremont. (Justin Sullivan/Getty Images)\" width=\"640\" height=\"410\">\u003c/a>\u003cfigcaption class=\"wp-caption-text\">Vehicle charging stations at Tesla Motors plant in Fremont. (Justin Sullivan/Getty Images)\u003c/figcaption>\u003c/figure>\n\u003cp>From the “You Never Know When You Might Need a Nice Hole in the Ground” Department:\u003c/p>\n\u003cp>Palo Alto’s Tesla Motors has created a stir with two announcements today: First, it will \u003ca href=\"http://asia.nikkei.com/Business/Deals/With-Tesla-deal-Panasonic-sees-risk-and-reward\" target=\"_blank\" rel=\"noopener\">partner with Japan’s Panasonic\u003c/a> on battery production at its much anticipated Gigafactory. And second, it has broken ground on a Gigafactory site outside Reno.\u003c/p>\n\u003cp>Normally, news of a factory groundbreaking might suggest a factory will actually be built at the site where ground has been broken. But Tesla is quick to say that the Nevada site is only “potentially” the location of the $5 billion Gigafactory. That’s because the facility is still the focus of a bidding war among several states. Here’s how Tesla explains the situation in \u003ca href=\"http://ir.teslamotors.com/secfiling.cfm?filingID=1193125-14-289598&CIK=1318605\" target=\"_blank\" rel=\"noopener\"> its Form 8-K report on current activities released today\u003c/a>:\u003c/p>\n\u003cblockquote>\u003cp>Consistent with our strategy to identify and break ground on multiple sites, we continue to evaluate other locations in Arizona, California, New Mexico and Texas. The final site for the first Gigafactory will be determined in the next few months, once we have full visibility and agreement on the relevant incentives and processes for enabling the Gigafactory to be fully operational to meet the timing for Model 3. We see these concurrent efforts as prudent. This vehicle will be our third-generation product and will substantially broaden the addressable market for Tesla, helping to accelerate the transition towards sustainable transportation. Any potentially duplicative investments are minor compared to the revenue that could be lost if the launch of Model 3 were affected by any delays at our primary Gigafactory site.\u003c/p>\u003c/blockquote>\n\u003cp>Tesla’s statement doesn’t really help you visualize the scale of the Nevada site, on Interstate 80 about 25 miles east of downtown Reno. \u003ca href=\"http://www.rgj.com/story/money/business/2014/07/31/tesla-confirms-reno-is-a-finalist-for-gigafactory-site/13424581/\" target=\"_blank\" rel=\"noopener\">The Reno Gazette-Journal’s story on the development\u003c/a> does:\u003c/p>\n\u003cblockquote>\u003cp>Lance Gilman, the developer of the industrial center where Tesla is doing work, told the RGJ Thursday the project is one of the largest grading projects ever in the United States.\u003c/p>\n\u003cp>“We have finished a superpad to accommodate 5 million square feet,” Gilman said. “We moved several million cubic yards of material.”\u003c/p>\n\u003cp>He added Tesla is still working on other sites.\u003c/p>\n\u003cp>“Speed is critical to them. We finished this in 3 1/2 weeks,” he said. “There’s nowhere else in world you can get a project up as fast as here. Tesla can start pouring concrete next week if they desire.”\u003c/p>\n\u003cp>Gilman said reports of Tesla stopping work at the Northern Nevada industrial center are partially true.\u003c/p>\n\u003cp>“They have reached transition point that they’re going to add square feet,” he said.\u003c/p>\u003c/blockquote>\n\u003cp>The guy is saying they’ve excavated a 5-million-square-foot site? That’s roughly the size of 80 football fields. And they’ve moved “several million” cubic yards of material? Assuming conservatively they mean 3 million cubic yards, that would be the volume of 1,200 Olympic swimming pools.\u003c/p>\n\u003cp>[ad fullwidth]\u003c/p>\n\u003cp>But the numbers that really count are the ones attached to dollar signs. As part of its deal with Tesla, Panasonic is expected to invest about $1 billion, mostly in battery-making equipment at the new plant. Tesla has said it will spend up to $5 billion on the facility, which is expected to employ about 6,500 people. Wherever it’s built.\u003c/p>\n\u003cp>The magnitude of the investment, the jobs and the prestige that would go along with winning a high-profile competition for a cutting-edge manufacturing facility have fueled the competition for the plant. City officials in Tucson, Arizona, \u003ca href=\"http://tucson.com/business/local/tucson-to-tesla-motors-your-building-permit-is-ready/article_c705ad7a-10b2-579e-9b4c-35e03fd54676.html\" target=\"_blank\" rel=\"noopener\">have approved a building permit\u003c/a> for the plant without waiting for an application from the company.\u003c/p>\n\u003cp>\u003c/p>\n\u003cp>For its part, \u003ca href=\"http://www.mercurynews.com/business/ci_26126667/new-california-tax-credit-would-benefit-tesla-gigafactory\" target=\"_blank\" rel=\"noopener\">California has enacted a massive industrial tax credit\u003c/a> that apparently would benefit Tesla if it decides to build the Gigafactory here.\u003c/p>\n\n",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003cfigure id=\"attachment_143508\" class=\"wp-caption aligncenter\" style=\"max-width: 640px\">\u003ca href=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2014/07/176645523.jpg\">\u003cimg loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-143508\" src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2014/07/176645523-640x410.jpg\" alt=\"Vehicle charging stations at Tesla Motors plant in Fremont. (Justin Sullivan/Getty Images)\" width=\"640\" height=\"410\">\u003c/a>\u003cfigcaption class=\"wp-caption-text\">Vehicle charging stations at Tesla Motors plant in Fremont. (Justin Sullivan/Getty Images)\u003c/figcaption>\u003c/figure>\n\u003cp>From the “You Never Know When You Might Need a Nice Hole in the Ground” Department:\u003c/p>\n\u003cp>Palo Alto’s Tesla Motors has created a stir with two announcements today: First, it will \u003ca href=\"http://asia.nikkei.com/Business/Deals/With-Tesla-deal-Panasonic-sees-risk-and-reward\" target=\"_blank\" rel=\"noopener\">partner with Japan’s Panasonic\u003c/a> on battery production at its much anticipated Gigafactory. And second, it has broken ground on a Gigafactory site outside Reno.\u003c/p>\n\u003cp>Normally, news of a factory groundbreaking might suggest a factory will actually be built at the site where ground has been broken. But Tesla is quick to say that the Nevada site is only “potentially” the location of the $5 billion Gigafactory. That’s because the facility is still the focus of a bidding war among several states. Here’s how Tesla explains the situation in \u003ca href=\"http://ir.teslamotors.com/secfiling.cfm?filingID=1193125-14-289598&CIK=1318605\" target=\"_blank\" rel=\"noopener\"> its Form 8-K report on current activities released today\u003c/a>:\u003c/p>\n\u003cblockquote>\u003cp>Consistent with our strategy to identify and break ground on multiple sites, we continue to evaluate other locations in Arizona, California, New Mexico and Texas. The final site for the first Gigafactory will be determined in the next few months, once we have full visibility and agreement on the relevant incentives and processes for enabling the Gigafactory to be fully operational to meet the timing for Model 3. We see these concurrent efforts as prudent. This vehicle will be our third-generation product and will substantially broaden the addressable market for Tesla, helping to accelerate the transition towards sustainable transportation. Any potentially duplicative investments are minor compared to the revenue that could be lost if the launch of Model 3 were affected by any delays at our primary Gigafactory site.\u003c/p>\u003c/blockquote>\n\u003cp>Tesla’s statement doesn’t really help you visualize the scale of the Nevada site, on Interstate 80 about 25 miles east of downtown Reno. \u003ca href=\"http://www.rgj.com/story/money/business/2014/07/31/tesla-confirms-reno-is-a-finalist-for-gigafactory-site/13424581/\" target=\"_blank\" rel=\"noopener\">The Reno Gazette-Journal’s story on the development\u003c/a> does:\u003c/p>\n\u003cblockquote>\u003cp>Lance Gilman, the developer of the industrial center where Tesla is doing work, told the RGJ Thursday the project is one of the largest grading projects ever in the United States.\u003c/p>\n\u003cp>“We have finished a superpad to accommodate 5 million square feet,” Gilman said. “We moved several million cubic yards of material.”\u003c/p>\n\u003cp>He added Tesla is still working on other sites.\u003c/p>\n\u003cp>“Speed is critical to them. We finished this in 3 1/2 weeks,” he said. “There’s nowhere else in world you can get a project up as fast as here. Tesla can start pouring concrete next week if they desire.”\u003c/p>\n\u003cp>Gilman said reports of Tesla stopping work at the Northern Nevada industrial center are partially true.\u003c/p>\n\u003cp>“They have reached transition point that they’re going to add square feet,” he said.\u003c/p>\u003c/blockquote>\n\u003cp>The guy is saying they’ve excavated a 5-million-square-foot site? That’s roughly the size of 80 football fields. And they’ve moved “several million” cubic yards of material? Assuming conservatively they mean 3 million cubic yards, that would be the volume of 1,200 Olympic swimming pools.\u003c/p>\n\u003cp>\u003c/p>\u003c/div>",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003c/p>\n\u003cp>But the numbers that really count are the ones attached to dollar signs. As part of its deal with Tesla, Panasonic is expected to invest about $1 billion, mostly in battery-making equipment at the new plant. Tesla has said it will spend up to $5 billion on the facility, which is expected to employ about 6,500 people. Wherever it’s built.\u003c/p>\n\u003cp>The magnitude of the investment, the jobs and the prestige that would go along with winning a high-profile competition for a cutting-edge manufacturing facility have fueled the competition for the plant. City officials in Tucson, Arizona, \u003ca href=\"http://tucson.com/business/local/tucson-to-tesla-motors-your-building-permit-is-ready/article_c705ad7a-10b2-579e-9b4c-35e03fd54676.html\" target=\"_blank\" rel=\"noopener\">have approved a building permit\u003c/a> for the plant without waiting for an application from the company.\u003c/p>\n\u003cp>\u003c/p>\n\u003cp>For its part, \u003ca href=\"http://www.mercurynews.com/business/ci_26126667/new-california-tax-credit-would-benefit-tesla-gigafactory\" target=\"_blank\" rel=\"noopener\">California has enacted a massive industrial tax credit\u003c/a> that apparently would benefit Tesla if it decides to build the Gigafactory here.\u003c/p>\n\n\u003c/div>\u003c/p>",
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"content": "\u003cfigure id=\"attachment_87069\" class=\"wp-caption alignnone\" style=\"max-width: 640px\">\u003ca href=\"http://ww2.kqed.org/news/2013/01/24/thinking-of-an-indie-electric-car-you-may-need-to-move-fast/tesla-model-s-and-roadster-tesla-motors/\" rel=\"attachment wp-att-87069\">\u003cimg class=\"size-full wp-image-87069\" src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2013/01/Tesla-Model-S-and-Roadster-tesla-motors-e1375909181462.jpg\" alt=\"Tesla says its Model S sedan drove earnings this quarter. (Tesla Motors)\" width=\"640\" height=\"427\">\u003c/a>\u003cfigcaption class=\"wp-caption-text\">Tesla's Model S sedan (Tesla Motors) \u003ccite>(Tesla Motors)\u003c/cite>\u003c/figcaption>\u003c/figure>\n\u003cp>Would-be \"Teslanaires\" are so convinced that \u003ca href=\"http://www.teslamotors.com/\">Tesla \u003c/a>is the next big growth stock that they're pouring their life savings into the company -- often against the advice of family, friends and financial advisers.\u003c/p>\n\u003cp>The \u003ca href=\"http://www.mercurynews.com/business/ci_23912622/how-teslanaires-made-fortunes-tesla-motors-stock\">Mercury News\u003c/a> reports that Elon Musk's company has attained a cultlike following not seen since the early days of Apple. Perhaps for good reason:\u003c/p>\n\u003cblockquote>\u003cp>The company's stock has skyrocketed nearly 300 percent this year thanks to a string of successes, from a rave review in Consumer Reports to better-than-expected sales of the all-electric Model S sedan and, this week, five-star safety ratings in federal crash tests. The Palo Alto-based electric-carmaker, whose stock closed Wednesday at $147.86 per share, now has a market cap of about $18 billion, and some analysts say shares could double again within the next three to four years as Detroit races to play catch-up.\u003c/p>\u003c/blockquote>\n\u003cp>The story talks to a number of Tesla investors who have reaped big rewards, such as Patrick Hop, a 22-year-old UC Berkeley student who poured his life savings -- $30,000 -- into Tesla in June 2012. Then the stock was trading at about $32 per share. When the stock hit $115 this July, Hop dumped his shares and invested in options on Tesla stock (high-risk bets on the stock's future performance). He estimates he's made about $250,000.\u003c/p>\n\u003cp>[ad fullwidth]\u003c/p>\u003cp>\u003c/p>\n",
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"content": "\u003cfigure id=\"attachment_87069\" class=\"wp-caption alignleft\" style=\"max-width: 300px\">\u003ca href=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2013/01/Tesla-Model-S-and-Roadster-tesla-motors.jpg\">\u003cimg class=\"size-medium wp-image-87069\" src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2013/01/Tesla-Model-S-and-Roadster-tesla-motors-300x200.jpg\" alt=\"Tesla says its Model S sedan drove earnings this quarter. (Tesla Motors)\" width=\"300\" height=\"200\">\u003c/a>\u003cfigcaption class=\"wp-caption-text\">Tesla says its Model S sedan drove earnings this quarter. (Tesla Motors) \u003ccite>(Tesla Motors)\u003c/cite>\u003c/figcaption>\u003c/figure>\n\u003cp>DETROIT (AP) — Electric car maker Tesla reported a narrower loss for the second quarter on Wednesday, sparking an after-hours rally in its stock.\u003c/p>\n\u003cp>The Palo Alto, Calif., company reported after the close of trading on Wall Street that it lost $30.5 million, or 26 cents per share, in the April-June period. That compares with a loss of $105.6 million, or $1 per share, a year earlier.\u003c/p>\n\u003cp>Excluding one-time items and lease accounting, Tesla Motors Inc. said it had a profit of 20 cents per share. The one-time items included a $16 million charge associated with the payoff of a $465 million loan from the U.S. Department of Energy. Tesla paid off the loan in May, nine years earlier than it was due.\u003c/p>\n\u003cp>On that basis, analysts had expected a loss of 19 cents per share, according to FactSet.\u003c/p>\n\u003cp>Revenue rose to $405.1 million from $26.6 million a year ago. That beat analysts' forecast of $386.9 million.\u003c/p>\n\u003cp>[ad fullwidth]\u003c/p>\n\u003cp>\"Our financial position and balance sheet have never been stronger,\" Tesla Chairman and CEO Elon Musk said in a letter to shareholders. \u003c!--more-->\u003c/p>\n\u003cp>Tesla's stock was up $17.61, or more than 13 percent, to $151.84 in extended trading.\u003c/p>\n\u003cp>Musk said the company ended the quarter with $750 million in cash. It recently used some of that money to buy 31 acres next to its Fremont, Calif., plant for future expansion. It also expects to accelerate development of its next vehicle, the Model X crossover, as well as a right-hand drive version of the Model S in the second half of this year. The Model X is expected to go on sale next year.\u003c/p>\n\u003cp>Tesla currently makes one car, the $70,000 Model S, which won Consumer Reports' top rating in July. The company delivered 5,150 Model S sedans in the quarter, surpassing its expectation for 4,500.\u003c/p>\n\u003cp>In a letter to shareholders, the company said it remains on track to deliver 21,000 cars worldwide this year. Tesla delivered the Model S to its first European customers this week.\u003c/p>\n\u003cp>The company said it opened seven new stores in the second quarter for a total of 41 locations worldwide, including 30 in North America. Tesla expects to open its first store in China later this year.\u003c/p>\n\u003cp>The company's shares are four times higher than they were at the start of this year. They jumped more than 74 percent in early May after the company reported its first-ever quarterly net profit in the first quarter. They rose again in late May after the company announced plans to expand its nationwide network of charging stations\u003c/p>\n\u003cp>\u003c/p>\n\u003cp>Tesla was founded in 2003 and went public in 2011 but has yet to turn an annual profit.\u003c/p>\n\n",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003cfigure id=\"attachment_87069\" class=\"wp-caption alignleft\" style=\"max-width: 300px\">\u003ca href=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2013/01/Tesla-Model-S-and-Roadster-tesla-motors.jpg\">\u003cimg class=\"size-medium wp-image-87069\" src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2013/01/Tesla-Model-S-and-Roadster-tesla-motors-300x200.jpg\" alt=\"Tesla says its Model S sedan drove earnings this quarter. (Tesla Motors)\" width=\"300\" height=\"200\">\u003c/a>\u003cfigcaption class=\"wp-caption-text\">Tesla says its Model S sedan drove earnings this quarter. (Tesla Motors) \u003ccite>(Tesla Motors)\u003c/cite>\u003c/figcaption>\u003c/figure>\n\u003cp>DETROIT (AP) — Electric car maker Tesla reported a narrower loss for the second quarter on Wednesday, sparking an after-hours rally in its stock.\u003c/p>\n\u003cp>The Palo Alto, Calif., company reported after the close of trading on Wall Street that it lost $30.5 million, or 26 cents per share, in the April-June period. That compares with a loss of $105.6 million, or $1 per share, a year earlier.\u003c/p>\n\u003cp>Excluding one-time items and lease accounting, Tesla Motors Inc. said it had a profit of 20 cents per share. The one-time items included a $16 million charge associated with the payoff of a $465 million loan from the U.S. Department of Energy. Tesla paid off the loan in May, nine years earlier than it was due.\u003c/p>\n\u003cp>On that basis, analysts had expected a loss of 19 cents per share, according to FactSet.\u003c/p>\n\u003cp>Revenue rose to $405.1 million from $26.6 million a year ago. That beat analysts' forecast of $386.9 million.\u003c/p>\n\u003cp>\u003c/p>\u003c/div>",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003c/p>\n\u003cp>\"Our financial position and balance sheet have never been stronger,\" Tesla Chairman and CEO Elon Musk said in a letter to shareholders. \u003c!--more-->\u003c/p>\n\u003cp>Tesla's stock was up $17.61, or more than 13 percent, to $151.84 in extended trading.\u003c/p>\n\u003cp>Musk said the company ended the quarter with $750 million in cash. It recently used some of that money to buy 31 acres next to its Fremont, Calif., plant for future expansion. It also expects to accelerate development of its next vehicle, the Model X crossover, as well as a right-hand drive version of the Model S in the second half of this year. The Model X is expected to go on sale next year.\u003c/p>\n\u003cp>Tesla currently makes one car, the $70,000 Model S, which won Consumer Reports' top rating in July. The company delivered 5,150 Model S sedans in the quarter, surpassing its expectation for 4,500.\u003c/p>\n\u003cp>In a letter to shareholders, the company said it remains on track to deliver 21,000 cars worldwide this year. Tesla delivered the Model S to its first European customers this week.\u003c/p>\n\u003cp>The company said it opened seven new stores in the second quarter for a total of 41 locations worldwide, including 30 in North America. Tesla expects to open its first store in China later this year.\u003c/p>\n\u003cp>The company's shares are four times higher than they were at the start of this year. They jumped more than 74 percent in early May after the company reported its first-ever quarterly net profit in the first quarter. They rose again in late May after the company announced plans to expand its nationwide network of charging stations\u003c/p>\n\u003cp>\u003c/p>\n\u003cp>Tesla was founded in 2003 and went public in 2011 but has yet to turn an annual profit.\u003c/p>\n\n\u003c/div>\u003c/p>",
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"content": "\u003cp>Tesla Motors Inc., the Palo Alto-based electric car maker, reported a loss of $90 million on revenues of $306 million in the fourth quarter of 2012, a result that fell short of analysts' predictions and caused the company's stock to drop in after-hours trading.\u003c/p>\n\u003cfigure id=\"attachment_87069\" class=\"wp-caption alignleft\" style=\"max-width: 300px\">\u003ca href=\"http://ww2.kqed.org/news/2013/01/24/thinking-of-an-indie-electric-car-you-may-need-to-move-fast/tesla-model-s-and-roadster-tesla-motors/\" rel=\"attachment wp-att-87069\">\u003cimg class=\"size-medium wp-image-87069 \" src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2013/01/Tesla-Model-S-and-Roadster-tesla-motors-300x200.jpg\" alt=\"Tesla Motors' Model S (right) is the second model it has released. The Roadster (left) was its first. (Tesla Motors)\" width=\"300\" height=\"200\">\u003c/a>\u003cfigcaption class=\"wp-caption-text\">Tesla Motors' Model S (right) is the second model it has released. The Roadster (left) was its first. (Tesla Motors) \u003ccite>(Tesla Motors)\u003c/cite>\u003c/figcaption>\u003c/figure>\n\u003cp>The company delivered about 2,400 Model S vehicles, it said in a \u003ca href=\"http://ir.teslamotors.com/secfiling.cfm?filingID=1193125-13-67177&CIK=1318605\">statement\u003c/a> posted on its website.\u003c/p>\n\u003cp>Tesla reported a non-GAAP (generally accepted accounting principles) net loss for the quarter just under $75 million, or $0.65 per share. Its GAAP net loss was $90 million, or $0.79 per share for the quarter. In a Thomson Reuters survey, analysts had predicted that the company would post $298 million in sales and a loss of 53 cents a share.\u003c/p>\n\u003caside class=\"pullquote alignleft\">We had to do some dumb things like fly tires from the Czech Republic. I kid you not. I wanted to punch myself in the face.\"\u003c/aside>\n\u003cp>Stock prices fell 3.26 percent in after hour trading in the first half hour after the 1 p.m. report.\u003c/p>\n\u003cp>But Tesla, which has always operated at a loss, said it expects to become profitable in a few months. Previously it had estimated that wouldn't happen until the end of the year.\u003c/p>\n\u003cp>[ad fullwidth]\u003c/p>\n\u003cp>\"We really have very high confidence that we’ll have a profitable first quarter,\" said CEO Elon Musk in a conference call. \"And I think that’s really a big deal. It took an enormous amount of blood, sweat and tears to get there, but we’re going to do it, and I’m really proud of that.\" \u003c!--more-->The company planned to deliver about 20,000 Model S units in 2013.\u003c/p>\n\u003cp>Ben Kallo, a senior analyst at Robert W. Baird, said his company would recommend buying the stock.\u003c/p>\n\u003cp>\"Overall I think it was positive,\" he said of the earnings report. In addition to the prediction of profitability, the company reached its production goals, and during the quarter, 6,000 people reserved the right to buy a car when one becomes available.\u003c/p>\n\u003cp>The company is controversial with serious questions about the demand for electric vehicles and the ability of a new car contender to muscle its way into an industry dominated by such large companies.\u003c/p>\n\u003cp>Over half the stock not held by insiders has been shorted by such pessimists, said Kallo. \"There are a lot of disbelievers.\"\u003c/p>\n\u003cp>Musk said the company is beginning to achieve economies of scale and develop a more reliable supply chain, efforts that have proved challenging until now. \"We had to do some dumb things like fly tires from the Czech Republic,\" he said. \"I kid you not. I wanted to punch myself in the face.\"\u003c/p>\n\u003cp>Earlier this month controversy swirled over a Feb. 8 \u003ca href=\"http://www.nytimes.com/2013/02/10/automobiles/stalled-on-the-ev-highway.html?pagewanted=1&_r=1&ref=automobiles\">account\u003c/a> by \u003cem>New York Times\u003c/em> reporter John M. Broder of a Model S test drive that ended with the car on a tow truck.\u003c/p>\n\u003cp>Musk protested, and an investigation by the Times' Public Editor Margaret Sullivan \u003ca href=\"http://ww2.kqed.org/news/2013/02/18/ny-times-public-editor-on-tesla-model-s-controversy-reporter-made-poor-driving-decisions-but-story-in-good-faith\">found\u003c/a> that Broder may not have perfectly followed instructions for operating the vehicle.\u003c/p>\n\u003cp>Demand for the Model S exceed supply, with 6,000 new cars already reserved by would-be buyers in the fourth quarter.\u003c/p>\n\u003cp>\u003c/p>\n\u003cp>\u003cspan style=\"font-size: xx-small\">\u003ca href=\"http://www.docstoc.com/docs/146302492/tesla\">tesla\u003c/a>\u003c/span>\u003cbr>\n\u003cobject id=\"_ds_146302492\" width=\"630\" height=\"550\" classid=\"d27cdb6e-ae6d-11cf-96b8-444553540000\" codebase=\"http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0\" name=\"_ds_146302492\">\u003cparam name=\"FlashVars\" value=\"doc_id=146302492&mem_id=128122&showrelated=1&showotherdocs=1&doc_type=pdf&allowdownload=1\">\u003cparam name=\"allowScriptAccess\" value=\"always\">\u003cparam name=\"wmode\" value=\"opaque\">\u003cparam name=\"allowFullScreen\" value=\"true\">\u003cparam name=\"src\" value=\"http://viewer.docstoc.com/\">\u003cparam name=\"flashvars\" value=\"doc_id=146302492&mem_id=128122&showrelated=1&showotherdocs=1&doc_type=pdf&allowdownload=1\">\u003cparam name=\"allowscriptaccess\" value=\"always\">\u003cparam name=\"allowfullscreen\" value=\"true\">\u003cembed width=\"630\" height=\"550\" type=\"application/x-shockwave-flash\" src=\"http://viewer.docstoc.com/\" flashvars=\"doc_id=146302492&mem_id=128122&showrelated=1&showotherdocs=1&doc_type=pdf&allowdownload=1\" wmode=\"opaque\" name=\"_ds_146302492\">\u003c/embed>\u003c/object>\u003cbr>\nvar docstoc_docid=\"146302492\";var docstoc_title=\"tesla\";var docstoc_urltitle=\"tesla\";\u003c/p>\n\n",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003cp>Tesla Motors Inc., the Palo Alto-based electric car maker, reported a loss of $90 million on revenues of $306 million in the fourth quarter of 2012, a result that fell short of analysts' predictions and caused the company's stock to drop in after-hours trading.\u003c/p>\n\u003cfigure id=\"attachment_87069\" class=\"wp-caption alignleft\" style=\"max-width: 300px\">\u003ca href=\"http://ww2.kqed.org/news/2013/01/24/thinking-of-an-indie-electric-car-you-may-need-to-move-fast/tesla-model-s-and-roadster-tesla-motors/\" rel=\"attachment wp-att-87069\">\u003cimg class=\"size-medium wp-image-87069 \" src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2013/01/Tesla-Model-S-and-Roadster-tesla-motors-300x200.jpg\" alt=\"Tesla Motors' Model S (right) is the second model it has released. The Roadster (left) was its first. (Tesla Motors)\" width=\"300\" height=\"200\">\u003c/a>\u003cfigcaption class=\"wp-caption-text\">Tesla Motors' Model S (right) is the second model it has released. The Roadster (left) was its first. (Tesla Motors) \u003ccite>(Tesla Motors)\u003c/cite>\u003c/figcaption>\u003c/figure>\n\u003cp>The company delivered about 2,400 Model S vehicles, it said in a \u003ca href=\"http://ir.teslamotors.com/secfiling.cfm?filingID=1193125-13-67177&CIK=1318605\">statement\u003c/a> posted on its website.\u003c/p>\n\u003cp>Tesla reported a non-GAAP (generally accepted accounting principles) net loss for the quarter just under $75 million, or $0.65 per share. Its GAAP net loss was $90 million, or $0.79 per share for the quarter. In a Thomson Reuters survey, analysts had predicted that the company would post $298 million in sales and a loss of 53 cents a share.\u003c/p>\n\u003caside class=\"pullquote alignleft\">We had to do some dumb things like fly tires from the Czech Republic. I kid you not. I wanted to punch myself in the face.\"\u003c/aside>\n\u003cp>Stock prices fell 3.26 percent in after hour trading in the first half hour after the 1 p.m. report.\u003c/p>\n\u003cp>But Tesla, which has always operated at a loss, said it expects to become profitable in a few months. Previously it had estimated that wouldn't happen until the end of the year.\u003c/p>\n\u003cp>\u003c/p>\u003c/div>",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003c/p>\n\u003cp>\"We really have very high confidence that we’ll have a profitable first quarter,\" said CEO Elon Musk in a conference call. \"And I think that’s really a big deal. It took an enormous amount of blood, sweat and tears to get there, but we’re going to do it, and I’m really proud of that.\" \u003c!--more-->The company planned to deliver about 20,000 Model S units in 2013.\u003c/p>\n\u003cp>Ben Kallo, a senior analyst at Robert W. Baird, said his company would recommend buying the stock.\u003c/p>\n\u003cp>\"Overall I think it was positive,\" he said of the earnings report. In addition to the prediction of profitability, the company reached its production goals, and during the quarter, 6,000 people reserved the right to buy a car when one becomes available.\u003c/p>\n\u003cp>The company is controversial with serious questions about the demand for electric vehicles and the ability of a new car contender to muscle its way into an industry dominated by such large companies.\u003c/p>\n\u003cp>Over half the stock not held by insiders has been shorted by such pessimists, said Kallo. \"There are a lot of disbelievers.\"\u003c/p>\n\u003cp>Musk said the company is beginning to achieve economies of scale and develop a more reliable supply chain, efforts that have proved challenging until now. \"We had to do some dumb things like fly tires from the Czech Republic,\" he said. \"I kid you not. I wanted to punch myself in the face.\"\u003c/p>\n\u003cp>Earlier this month controversy swirled over a Feb. 8 \u003ca href=\"http://www.nytimes.com/2013/02/10/automobiles/stalled-on-the-ev-highway.html?pagewanted=1&_r=1&ref=automobiles\">account\u003c/a> by \u003cem>New York Times\u003c/em> reporter John M. Broder of a Model S test drive that ended with the car on a tow truck.\u003c/p>\n\u003cp>Musk protested, and an investigation by the Times' Public Editor Margaret Sullivan \u003ca href=\"http://ww2.kqed.org/news/2013/02/18/ny-times-public-editor-on-tesla-model-s-controversy-reporter-made-poor-driving-decisions-but-story-in-good-faith\">found\u003c/a> that Broder may not have perfectly followed instructions for operating the vehicle.\u003c/p>\n\u003cp>Demand for the Model S exceed supply, with 6,000 new cars already reserved by would-be buyers in the fourth quarter.\u003c/p>\n\u003cp>\u003c/p>\n\u003cp>\u003cspan style=\"font-size: xx-small\">\u003ca href=\"http://www.docstoc.com/docs/146302492/tesla\">tesla\u003c/a>\u003c/span>\u003cbr>\n\u003cobject id=\"_ds_146302492\" width=\"630\" height=\"550\" classid=\"d27cdb6e-ae6d-11cf-96b8-444553540000\" codebase=\"http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0\" name=\"_ds_146302492\">\u003cparam name=\"FlashVars\" value=\"doc_id=146302492&mem_id=128122&showrelated=1&showotherdocs=1&doc_type=pdf&allowdownload=1\">\u003cparam name=\"allowScriptAccess\" value=\"always\">\u003cparam name=\"wmode\" value=\"opaque\">\u003cparam name=\"allowFullScreen\" value=\"true\">\u003cparam name=\"src\" value=\"http://viewer.docstoc.com/\">\u003cparam name=\"flashvars\" value=\"doc_id=146302492&mem_id=128122&showrelated=1&showotherdocs=1&doc_type=pdf&allowdownload=1\">\u003cparam name=\"allowscriptaccess\" value=\"always\">\u003cparam name=\"allowfullscreen\" value=\"true\">\u003cembed width=\"630\" height=\"550\" type=\"application/x-shockwave-flash\" src=\"http://viewer.docstoc.com/\" flashvars=\"doc_id=146302492&mem_id=128122&showrelated=1&showotherdocs=1&doc_type=pdf&allowdownload=1\" wmode=\"opaque\" name=\"_ds_146302492\">\u003c/embed>\u003c/object>\u003cbr>\nvar docstoc_docid=\"146302492\";var docstoc_title=\"tesla\";var docstoc_urltitle=\"tesla\";\u003c/p>\n\n\u003c/div>\u003c/p>",
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"disqusTitle": "NY Times Public Editor on Tesla Model S Controversy: Some Poor Driving Decisions, But Story Written in Good Faith",
"title": "NY Times Public Editor on Tesla Model S Controversy: Some Poor Driving Decisions, But Story Written in Good Faith",
"headTitle": "News Fix | KQED News",
"content": "\u003cfigure id=\"attachment_89608\" class=\"wp-caption alignright\" style=\"max-width: 300px\">\u003ca href=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2013/02/model-s.jpg\">\u003cimg class=\"size-medium wp-image-89608\" src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2013/02/model-s-300x200.jpg\" alt=\"Tesla Model S\" width=\"300\" height=\"200\">\u003c/a>\u003cfigcaption class=\"wp-caption-text\">Tesla Model S\u003c/figcaption>\u003c/figure>\n\u003cp>New York Times public editor Margaret Sullivan, who is charged by the paper with independently investigating matters of its own journalistic integrity, has rendered her verdict in the matter of the now \u003cstrong>\u003ca href=\"http://www.nytimes.com/2013/02/10/automobiles/stalled-on-the-ev-highway.html?ref=automobiles&_r=0\" target=\"_blank\">infamous Tesla test drive\u003c/a>\u003c/strong> by the paper's environmental reporter, John Broder.\u003c/p>\n\u003cp>That account of an ill-fated cold-weather road trip in the company's \u003ca href=\"http://www.teslamotors.com/models\" target=\"_blank\">Model S \u003c/a>electric sedan featured a photo of the vehicle being hauled on the back of a flatbed truck after Broder ran into several charging problems, resulting in a rather unpleasant experience. The article then became the subject of an intense back and forth between Broder and Tesla CEO and Chairman Elon Musk, who accused him of having rigged the drive in order to justify the story he wanted ...\u003c/p>\n\u003cp> \u003c/p>\n\u003cp>https://twitter.com/elonmusk/statuses/301049593385340928\u003c/p>\n\u003cp> \u003c/p>\n\u003cp>[ad fullwidth]\u003c/p>\n\u003cp>Here is the crux of what the \u003cstrong>\u003ca href=\"publiceditor.blogs.nytimes.com/2013/02/18/problems-with-precision-and-judgment-but-not-integrity-in-tesla-test/\" target=\"_blank\">Times' public editor determined\u003c/a>\u003c/strong>, published today:\u003c/p>\n\u003cblockquote>\u003cp>I am convinced that [Broder] took on the test drive in good faith, and told the story as he experienced it.\u003c/p>\n\u003cp>Did he use good judgment along the way? Not especially. In particular, decisions he made at a crucial juncture – when he recharged the Model S in Norwich, Conn., a stop forced by the unexpected loss of charge overnight – were certainly instrumental in this saga’s high-drama ending.\u003c/p>\n\u003cp>In addition, Mr. Broder left himself open to valid criticism by taking what seem to be casual and imprecise notes along the journey, unaware that his every move was being monitored. A little red notebook in the front seat is no match for digitally recorded driving logs, which Mr. Musk has used, in the most damaging (and sometimes quite misleading) ways possible, as he defended his vehicle’s reputation.\u003c/p>\n\u003cp>I could recite chapter and verse of the test drive, the decisions made along the way, the cabin temperature of the car, the cruise control setting and so on. I don’t think that’s useful here.\u003c/p>\n\u003cp>People will go on contesting these points – and insisting that they know what they prove — and that’s understandable. In the matter of the Tesla Model S and its now infamous test drive, there is still plenty to argue about and few conclusions that are unassailable. \u003ca href=\"http://publiceditor.blogs.nytimes.com/2013/02/18/problems-with-precision-and-judgment-but-not-integrity-in-tesla-test/\" target=\"_blank\">Full article \u003c/a>\u003c/p>\u003c/blockquote>\n\u003cp>\u003c!--more-->If you're wondering whether the controversy is now over, well ... it just might be. \u003ca href=\"https://twitter.com/elonmusk/statuses/303585941304537090\" target=\"_blank\">Tweeted\u003c/a> today ...\u003c/p>\n\u003cp>https://twitter.com/elonmusk/status/303585941304537090\u003c/p>\n\u003cp>\u003c!--more-->To recount the spat, after the Times published Broder's story, Musk took umbrage both in an \u003ca href=\"http://video.cnbc.com/gallery/?video=3000147472&play=1\" target=\"_blank\">interview on CNBC\u003c/a> and in a \u003ca href=\"http://www.teslamotors.com/blog/most-peculiar-test-drive\" target=\"_blank\">blog post\u003c/a> in which he accused Broder of \"constructing a no-win scenario for any vehicle, electric or gasoline.\" Broder, Musk said, \"simply did not accurately capture what happened and worked very hard to force our car to stop running.\" Musk claimed Tesla's logs of Broder's trip contradicted the reporter's account of the steps he took to keep the car running, and that he acted \"expressly \u003cspan style=\"text-decoration: underline\">against\u003c/span> the advice of Tesla personnel and in obvious violation of common sense\" on the last part of the trip.\u003c/p>\n\u003cp>Musk also claimed that Broder was predisposed to write negatively about the vehicle, as he had displayed in his previous writing an \"outright disdain for electric cars.\"\u003c/p>\n\u003cp>\"When the facts didn’t suit his opinion,\" Musk wrote, \"he simply changed the facts.\"\u003c/p>\n\u003cp>In a \u003ca href=\"http://wheels.blogs.nytimes.com/2013/02/14/that-tesla-data-what-it-says-and-what-it-doesnt\">response\u003c/a>, Broder defended himself by saying, as he did in the original article, that he spoke numerous times during the trip to Tesla personnel in trying to solve the charging problems. He also rebutted or at least addressed point by point Musk's accusation that the car's logs contradicted Broder's account.\u003c/p>\n\u003cp>The Atlantic Wire also took Musk to task in a post analyzing his critique of the reporting. The title: \u003ca href=\"http://www.theatlanticwire.com/technology/2013/02/elon-musks-data-doesnt-back-his-claims-new-york-times-fakery/\" target=\"_blank\">Elon Musk's Data Doesn't Back Up His Claims of New York Times Fakery\u003c/a>. The conclusion:\"Broder may not have used Musk's car the way Musk would like, but Musk is, for now, overhyping his case for a breach of journalism ethics.\"\u003c/p>\n\u003cp>And Mashable's Chris Taylor put up a \u003ca href=\"http://mashable.com/2013/02/15/elon-musk-tesla-the-new-york-times/\" target=\"_blank\">post\u003c/a> on Friday called \"Why This Can't End Well For Tesla.\" Taylor's take:\u003c/p>\n\u003cblockquote>\u003cp>If the Model S only works if you drive below the speed limit between charging stations, if you have to charge it all the way every time, if you need to follow the advice of Tesla PR reps to the letter at every juncture — whether or not the writer did — then it is a car that is asking for a perfect human to operate it.\u003c/p>\u003c/blockquote>\n\u003cp>\u003c/p>\n\u003cp>\u003ca href=\"http://finance.yahoo.com/q/hp?s=TSLA+Historical+Prices\" target=\"_blank\">Tesla shares\u003c/a> finished off more than 3 percent today.\u003c/p>\n\n",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003cfigure id=\"attachment_89608\" class=\"wp-caption alignright\" style=\"max-width: 300px\">\u003ca href=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2013/02/model-s.jpg\">\u003cimg class=\"size-medium wp-image-89608\" src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2013/02/model-s-300x200.jpg\" alt=\"Tesla Model S\" width=\"300\" height=\"200\">\u003c/a>\u003cfigcaption class=\"wp-caption-text\">Tesla Model S\u003c/figcaption>\u003c/figure>\n\u003cp>New York Times public editor Margaret Sullivan, who is charged by the paper with independently investigating matters of its own journalistic integrity, has rendered her verdict in the matter of the now \u003cstrong>\u003ca href=\"http://www.nytimes.com/2013/02/10/automobiles/stalled-on-the-ev-highway.html?ref=automobiles&_r=0\" target=\"_blank\">infamous Tesla test drive\u003c/a>\u003c/strong> by the paper's environmental reporter, John Broder.\u003c/p>\n\u003cp>That account of an ill-fated cold-weather road trip in the company's \u003ca href=\"http://www.teslamotors.com/models\" target=\"_blank\">Model S \u003c/a>electric sedan featured a photo of the vehicle being hauled on the back of a flatbed truck after Broder ran into several charging problems, resulting in a rather unpleasant experience. The article then became the subject of an intense back and forth between Broder and Tesla CEO and Chairman Elon Musk, who accused him of having rigged the drive in order to justify the story he wanted ...\u003c/p>\n\u003cp> \u003c/p>\u003c/p>\u003c/div>",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003c/p>\n\u003cp>Here is the crux of what the \u003cstrong>\u003ca href=\"publiceditor.blogs.nytimes.com/2013/02/18/problems-with-precision-and-judgment-but-not-integrity-in-tesla-test/\" target=\"_blank\">Times' public editor determined\u003c/a>\u003c/strong>, published today:\u003c/p>\n\u003cblockquote>\u003cp>I am convinced that [Broder] took on the test drive in good faith, and told the story as he experienced it.\u003c/p>\n\u003cp>Did he use good judgment along the way? Not especially. In particular, decisions he made at a crucial juncture – when he recharged the Model S in Norwich, Conn., a stop forced by the unexpected loss of charge overnight – were certainly instrumental in this saga’s high-drama ending.\u003c/p>\n\u003cp>In addition, Mr. Broder left himself open to valid criticism by taking what seem to be casual and imprecise notes along the journey, unaware that his every move was being monitored. A little red notebook in the front seat is no match for digitally recorded driving logs, which Mr. Musk has used, in the most damaging (and sometimes quite misleading) ways possible, as he defended his vehicle’s reputation.\u003c/p>\n\u003cp>I could recite chapter and verse of the test drive, the decisions made along the way, the cabin temperature of the car, the cruise control setting and so on. I don’t think that’s useful here.\u003c/p>\n\u003cp>People will go on contesting these points – and insisting that they know what they prove — and that’s understandable. In the matter of the Tesla Model S and its now infamous test drive, there is still plenty to argue about and few conclusions that are unassailable. \u003ca href=\"http://publiceditor.blogs.nytimes.com/2013/02/18/problems-with-precision-and-judgment-but-not-integrity-in-tesla-test/\" target=\"_blank\">Full article \u003c/a>\u003c/p>\u003c/blockquote>\n\u003cp>\u003c!--more-->If you're wondering whether the controversy is now over, well ... it just might be. \u003ca href=\"https://twitter.com/elonmusk/statuses/303585941304537090\" target=\"_blank\">Tweeted\u003c/a> today ...\u003c/p>\u003c/p>\u003c/div>",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\n\u003cp>\u003c!--more-->To recount the spat, after the Times published Broder's story, Musk took umbrage both in an \u003ca href=\"http://video.cnbc.com/gallery/?video=3000147472&play=1\" target=\"_blank\">interview on CNBC\u003c/a> and in a \u003ca href=\"http://www.teslamotors.com/blog/most-peculiar-test-drive\" target=\"_blank\">blog post\u003c/a> in which he accused Broder of \"constructing a no-win scenario for any vehicle, electric or gasoline.\" Broder, Musk said, \"simply did not accurately capture what happened and worked very hard to force our car to stop running.\" Musk claimed Tesla's logs of Broder's trip contradicted the reporter's account of the steps he took to keep the car running, and that he acted \"expressly \u003cspan style=\"text-decoration: underline\">against\u003c/span> the advice of Tesla personnel and in obvious violation of common sense\" on the last part of the trip.\u003c/p>\n\u003cp>Musk also claimed that Broder was predisposed to write negatively about the vehicle, as he had displayed in his previous writing an \"outright disdain for electric cars.\"\u003c/p>\n\u003cp>\"When the facts didn’t suit his opinion,\" Musk wrote, \"he simply changed the facts.\"\u003c/p>\n\u003cp>In a \u003ca href=\"http://wheels.blogs.nytimes.com/2013/02/14/that-tesla-data-what-it-says-and-what-it-doesnt\">response\u003c/a>, Broder defended himself by saying, as he did in the original article, that he spoke numerous times during the trip to Tesla personnel in trying to solve the charging problems. He also rebutted or at least addressed point by point Musk's accusation that the car's logs contradicted Broder's account.\u003c/p>\n\u003cp>The Atlantic Wire also took Musk to task in a post analyzing his critique of the reporting. The title: \u003ca href=\"http://www.theatlanticwire.com/technology/2013/02/elon-musks-data-doesnt-back-his-claims-new-york-times-fakery/\" target=\"_blank\">Elon Musk's Data Doesn't Back Up His Claims of New York Times Fakery\u003c/a>. The conclusion:\"Broder may not have used Musk's car the way Musk would like, but Musk is, for now, overhyping his case for a breach of journalism ethics.\"\u003c/p>\n\u003cp>And Mashable's Chris Taylor put up a \u003ca href=\"http://mashable.com/2013/02/15/elon-musk-tesla-the-new-york-times/\" target=\"_blank\">post\u003c/a> on Friday called \"Why This Can't End Well For Tesla.\" Taylor's take:\u003c/p>\n\u003cblockquote>\u003cp>If the Model S only works if you drive below the speed limit between charging stations, if you have to charge it all the way every time, if you need to follow the advice of Tesla PR reps to the letter at every juncture — whether or not the writer did — then it is a car that is asking for a perfect human to operate it.\u003c/p>\u003c/blockquote>\n\u003cp>\u003c/p>\n\u003cp>\u003ca href=\"http://finance.yahoo.com/q/hp?s=TSLA+Historical+Prices\" target=\"_blank\">Tesla shares\u003c/a> finished off more than 3 percent today.\u003c/p>\n\n\u003c/div>\u003c/p>",
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"content": "\u003cp>People flush with cash may be thinking of a new car in the new year, but for all-electric auto shoppers, it’s worth checking on the financial health of the manufacturers before buying. Rachael Myrow of KQED’s \u003ca href=\"http://www.californiareport.org/archive/R201301100850/b\">California Report\u003c/a> asked Wall Street Journal auto industry reporter Mike Ramsey about the impact and future of the growing all-electric market. Edited transcript…\u003c/p>\n\u003cfigure id=\"attachment_87069\" class=\"wp-caption alignleft\" style=\"max-width: 350px\">\u003ca href=\"http://ww2.kqed.org/news/2013/01/24/thinking-of-an-indie-electric-car-you-may-need-to-move-fast/tesla-model-s-and-roadster-tesla-motors/\" rel=\"attachment wp-att-87069\">\u003cimg loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-87069 \" src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2013/01/Tesla-Model-S-and-Roadster-tesla-motors.jpg\" alt=\"Tesla Motors' Model S (right) is the second model it has released. The Roadster (left) was its first. (Tesla Motors)\" width=\"350\" height=\"299\">\u003c/a>\u003cfigcaption class=\"wp-caption-text\">Tesla Motors’ Model S (right) is the second model it has released. The Roadster (left) was its first. (Tesla Motors) \u003ccite>(Tesla Motors)\u003c/cite>\u003c/figcaption>\u003c/figure>\n\u003cp>\u003cstrong>RACHAEL MYROW:\u003c/strong> Give us the lay of the land. What does the all-electric market look like in the U.S. today?\u003c/p>\n\u003cp>\u003cstrong>MIKE RAMSEY:\u003c/strong> \u003ca title=\"http://www.pikeresearch.com/\" href=\"http://www.pikeresearch.com/\">Pike Research\u003c/a>, which is a firm that kind of specializes in alternative transportation research, has come up with basically that there were 54,000 plug-in vehicles sold in the United States last year, out of about 14.5 million total. So you can see it’s a pretty small number.\u003c/p>\n\u003cp>That said, two years earlier there were virtually none sold. So there’s been a huge increase in the number of these vehicles sold, and they’re predicting that next year you might add about 20,000 more. And by 2020, they’ll sell about 370,000 plug-in vehicles in the United States.\u003c/p>\n\u003cp>By then you’re looking at having more than 1 million cars on the roads that are all-electric or partially electric that plug into the wall. While small and not really a huge part of the market, they’re clearly having an impact on the fleet. We’ll get to see if this is something that will be a fad or will truly be something that will take over and be a bigger part of our lives.\u003c!--more-->\u003c/p>\n\u003cp>[ad fullwidth]\u003c/p>\n\u003cp>\u003cstrong>RACHAEL MYROW:\u003c/strong> So nobody’s questioning the health of the big boys – Toyota, Nissan and so on – but there’s some question about the stand-alone electric manufacturers, particularly those based in California. You recently reported on \u003ca href=\"https://www.google.com/search?q=fisker\" target=\"_blank\" rel=\"noopener\">Fisker\u003c/a>, which is based in Anaheim.\u003c/p>\n\u003cp>\u003cstrong>\u003cstrong>MIKE RAMSEY\u003c/strong>:\u003c/strong> Yeah, Fisker is one of these companies that several years ago got started when there was a big upsurge in interest in electric vehicles. And I have to say I think that \u003ca href=\"http://www.teslamotors.com/\" target=\"_blank\" rel=\"noopener\">Tesla Motors\u003c/a> started the revolution of these small companies diving into starting electric vehicle programs, and a lot of that is because there were just simply no offerings from major manufacturers.\u003c/p>\n\u003cp>Tesla, to its credit, came in and said, “We’re going to do this.” They built prototypes, captured the imagination of a lot of people and were able to raise a lot of money. Then comes along Fisker, which is a company that was founded by Henrick Fisker, who was a well-known designer for BMW and Aston Martin.\u003c/p>\n\u003cp>And he designed beautiful vehicles, and he was able to also get a lot of financing from wealthy investors to start a company to make a beautiful plug-in hybrid model. And they were able to secure \u003ca title=\"http://www.whitehouse.gov/files/documents/Battery-and-Electric-Vehicle-Report-FINAL.pdf\" href=\"http://www.whitehouse.gov/files/documents/Battery-and-Electric-Vehicle-Report-FINAL.pdf\">$500 million in U.S. Department of Energy loans\u003c/a> to help finance the creation of a second vehicle called the Atlantic, which was going to be a less expensive sedan, as a follow-up to the current sports car, the Karma, which is on sale now.\u003c/p>\n\u003cp>But the problem that Fisker has had is that they just don’t have the quality, the execution. They rush them to get out, and people who are spending $100,000 on a vehicle do not want to have multiple \u003ca title=\"http://blogs.wsj.com/drivers-seat/2012/08/20/fisker-to-recall-karmas-after-fire/\" href=\"http://blogs.wsj.com/drivers-seat/2012/08/20/fisker-to-recall-karmas-after-fire/\">recalls\u003c/a> and the electronic systems fail. That’s what you get with a startup; you just don’t have the execution ability that a Toyota, a General Motors, a Nissan has.\u003c/p>\n\u003cp>\u003cstrong>\u003cstrong>RACHAEL MYROW\u003c/strong>:\u003c/strong> Tesla Motors, based in Palo Alto, is pretty tight now with Toyota.\u003c/p>\n\u003cp>\u003cstrong>\u003cstrong>MIKE RAMSEY\u003c/strong>:\u003c/strong> Toyota, a few years ago under Akio Toyoda, who’s the grandson of the founder, made an investment. He was so taken after visiting with Tesla with what they were doing and how they were doing it. When Toyota made the investment, it was a huge help to Tesla because it gave them credibility in the markets. It also gave them access to some of Toyota’s parts bin, which means they could buy parts at a reduced rate.\u003c/p>\n\u003cp>And it gave them a stream of income because the company was going to be supplying batteries for a Toyota Rav4. So, \u003ca title=\"http://science.kqed.org/quest/2012/02/10/clean-car-diaries-tesla-unveils-and-fisker-stops-production/\" href=\"http://science.kqed.org/quest/2012/02/10/clean-car-diaries-tesla-unveils-and-fisker-stops-production/\">Tesla has done much better than Fisker\u003c/a> in terms of producing cars that seem, so far, in the early days of its execution, to be much better, and they’ve gotten accolades and a lot of affirmation that they might be able to make it. That said, they’ve yet to produce a profit and are probably going to continue to incur losses for some time until they produce more vehicles.\u003c/p>\n\u003cp>\u003cstrong>\u003cstrong>RACHAEL MYROW\u003c/strong>:\u003c/strong> So is your read of the all-electric sector that the era of romantic businessmen and those who find them appealing is just over?\u003c/p>\n\u003cp>\u003c/p>\n\u003cp>\u003cstrong>\u003cstrong>MIKE RAMSEY\u003c/strong>:\u003c/strong> I hate to say over, but I think there are going to be far fewer of these small startups. I don’t know how you break into that unless you have technology that is way beyond what is currently existing. I don’t rule out the possibility that that may happen – someone really has a huge advance in battery technology, and they can come in and do something that others haven’t. But I suspect that you’re not going to see as many of these electric vehicle startups. It’s a unique moment in history that happened and you may not see it again.\u003c/p>\n\n",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003cp>People flush with cash may be thinking of a new car in the new year, but for all-electric auto shoppers, it’s worth checking on the financial health of the manufacturers before buying. Rachael Myrow of KQED’s \u003ca href=\"http://www.californiareport.org/archive/R201301100850/b\">California Report\u003c/a> asked Wall Street Journal auto industry reporter Mike Ramsey about the impact and future of the growing all-electric market. Edited transcript…\u003c/p>\n\u003cfigure id=\"attachment_87069\" class=\"wp-caption alignleft\" style=\"max-width: 350px\">\u003ca href=\"http://ww2.kqed.org/news/2013/01/24/thinking-of-an-indie-electric-car-you-may-need-to-move-fast/tesla-model-s-and-roadster-tesla-motors/\" rel=\"attachment wp-att-87069\">\u003cimg loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-87069 \" src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2013/01/Tesla-Model-S-and-Roadster-tesla-motors.jpg\" alt=\"Tesla Motors' Model S (right) is the second model it has released. The Roadster (left) was its first. (Tesla Motors)\" width=\"350\" height=\"299\">\u003c/a>\u003cfigcaption class=\"wp-caption-text\">Tesla Motors’ Model S (right) is the second model it has released. The Roadster (left) was its first. (Tesla Motors) \u003ccite>(Tesla Motors)\u003c/cite>\u003c/figcaption>\u003c/figure>\n\u003cp>\u003cstrong>RACHAEL MYROW:\u003c/strong> Give us the lay of the land. What does the all-electric market look like in the U.S. today?\u003c/p>\n\u003cp>\u003cstrong>MIKE RAMSEY:\u003c/strong> \u003ca title=\"http://www.pikeresearch.com/\" href=\"http://www.pikeresearch.com/\">Pike Research\u003c/a>, which is a firm that kind of specializes in alternative transportation research, has come up with basically that there were 54,000 plug-in vehicles sold in the United States last year, out of about 14.5 million total. So you can see it’s a pretty small number.\u003c/p>\n\u003cp>That said, two years earlier there were virtually none sold. So there’s been a huge increase in the number of these vehicles sold, and they’re predicting that next year you might add about 20,000 more. And by 2020, they’ll sell about 370,000 plug-in vehicles in the United States.\u003c/p>\n\u003cp>By then you’re looking at having more than 1 million cars on the roads that are all-electric or partially electric that plug into the wall. While small and not really a huge part of the market, they’re clearly having an impact on the fleet. We’ll get to see if this is something that will be a fad or will truly be something that will take over and be a bigger part of our lives.\u003c!--more-->\u003c/p>\n\u003cp>\u003c/p>\u003c/div>",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003c/p>\n\u003cp>\u003cstrong>RACHAEL MYROW:\u003c/strong> So nobody’s questioning the health of the big boys – Toyota, Nissan and so on – but there’s some question about the stand-alone electric manufacturers, particularly those based in California. You recently reported on \u003ca href=\"https://www.google.com/search?q=fisker\" target=\"_blank\" rel=\"noopener\">Fisker\u003c/a>, which is based in Anaheim.\u003c/p>\n\u003cp>\u003cstrong>\u003cstrong>MIKE RAMSEY\u003c/strong>:\u003c/strong> Yeah, Fisker is one of these companies that several years ago got started when there was a big upsurge in interest in electric vehicles. And I have to say I think that \u003ca href=\"http://www.teslamotors.com/\" target=\"_blank\" rel=\"noopener\">Tesla Motors\u003c/a> started the revolution of these small companies diving into starting electric vehicle programs, and a lot of that is because there were just simply no offerings from major manufacturers.\u003c/p>\n\u003cp>Tesla, to its credit, came in and said, “We’re going to do this.” They built prototypes, captured the imagination of a lot of people and were able to raise a lot of money. Then comes along Fisker, which is a company that was founded by Henrick Fisker, who was a well-known designer for BMW and Aston Martin.\u003c/p>\n\u003cp>And he designed beautiful vehicles, and he was able to also get a lot of financing from wealthy investors to start a company to make a beautiful plug-in hybrid model. And they were able to secure \u003ca title=\"http://www.whitehouse.gov/files/documents/Battery-and-Electric-Vehicle-Report-FINAL.pdf\" href=\"http://www.whitehouse.gov/files/documents/Battery-and-Electric-Vehicle-Report-FINAL.pdf\">$500 million in U.S. Department of Energy loans\u003c/a> to help finance the creation of a second vehicle called the Atlantic, which was going to be a less expensive sedan, as a follow-up to the current sports car, the Karma, which is on sale now.\u003c/p>\n\u003cp>But the problem that Fisker has had is that they just don’t have the quality, the execution. They rush them to get out, and people who are spending $100,000 on a vehicle do not want to have multiple \u003ca title=\"http://blogs.wsj.com/drivers-seat/2012/08/20/fisker-to-recall-karmas-after-fire/\" href=\"http://blogs.wsj.com/drivers-seat/2012/08/20/fisker-to-recall-karmas-after-fire/\">recalls\u003c/a> and the electronic systems fail. That’s what you get with a startup; you just don’t have the execution ability that a Toyota, a General Motors, a Nissan has.\u003c/p>\n\u003cp>\u003cstrong>\u003cstrong>RACHAEL MYROW\u003c/strong>:\u003c/strong> Tesla Motors, based in Palo Alto, is pretty tight now with Toyota.\u003c/p>\n\u003cp>\u003cstrong>\u003cstrong>MIKE RAMSEY\u003c/strong>:\u003c/strong> Toyota, a few years ago under Akio Toyoda, who’s the grandson of the founder, made an investment. He was so taken after visiting with Tesla with what they were doing and how they were doing it. When Toyota made the investment, it was a huge help to Tesla because it gave them credibility in the markets. It also gave them access to some of Toyota’s parts bin, which means they could buy parts at a reduced rate.\u003c/p>\n\u003cp>And it gave them a stream of income because the company was going to be supplying batteries for a Toyota Rav4. So, \u003ca title=\"http://science.kqed.org/quest/2012/02/10/clean-car-diaries-tesla-unveils-and-fisker-stops-production/\" href=\"http://science.kqed.org/quest/2012/02/10/clean-car-diaries-tesla-unveils-and-fisker-stops-production/\">Tesla has done much better than Fisker\u003c/a> in terms of producing cars that seem, so far, in the early days of its execution, to be much better, and they’ve gotten accolades and a lot of affirmation that they might be able to make it. That said, they’ve yet to produce a profit and are probably going to continue to incur losses for some time until they produce more vehicles.\u003c/p>\n\u003cp>\u003cstrong>\u003cstrong>RACHAEL MYROW\u003c/strong>:\u003c/strong> So is your read of the all-electric sector that the era of romantic businessmen and those who find them appealing is just over?\u003c/p>\n\u003cp>\u003c/p>\n\u003cp>\u003cstrong>\u003cstrong>MIKE RAMSEY\u003c/strong>:\u003c/strong> I hate to say over, but I think there are going to be far fewer of these small startups. I don’t know how you break into that unless you have technology that is way beyond what is currently existing. I don’t rule out the possibility that that may happen – someone really has a huge advance in battery technology, and they can come in and do something that others haven’t. But I suspect that you’re not going to see as many of these electric vehicle startups. It’s a unique moment in history that happened and you may not see it again.\u003c/p>\n\n\u003c/div>\u003c/p>",
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"disqusTitle": "A.M. Splash: Netflix Fights Hostile Takeover; Fewer Inmates Eligible for Transfer; 800,000 in Bay Area Have Voted; Tesla Says It's On Track",
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"content": "\u003cul>\n\u003cli>\u003ca href=\"http://www.baycitizen.org/prisons/story/fewer-prison-inmates-eligible-transfer/\">Fewer prison inmates eligible for transfer to county jails\u003c/a> (The Bay Citizen)\u003cbr>\n\u003cblockquote>\u003cp>As California struggles to meet a court-ordered reduction of its prison population, newly released figures show corrections officials overstated the number of low-level offenders eligible to be diverted to local jurisdictions as part of Gov. Jerry Brown's public safety realignment plan. At issue are inmates who were being sent to state prisons for parole and other technical violations and became eligible to serve their sentences in county jails after Oct. 1, 2011.\u003c/p>\u003c/blockquote>\n\u003c/li>\u003cli>\u003ca href=\"http://www.sfgate.com/business/technology/article/Netflix-moves-to-block-a-hostile-takeover-4009144.php\">Netflix moves to block a hostile takeover\u003c/a> (SF Chronicle)\u003cbr>\n\u003cblockquote>\u003cp> Less than a week after activist investor Carl Icahn announced a 10 percent stake in Netflix, the online video company is moving to protect itself against hostile takeovers. The Los Gatos, Calif., company said Monday that it has adopted a shareholder rights plan. Icahn disclosed his stake in Netflix Wednesday.\n\u003c/p>\u003c/blockquote>\n\u003c/li>\n\u003cli>\u003ca href=\"http://www.mercurynews.com/business/ci_21931692/tesla-ceo-elon-musk-says-company-past-point\">Tesla CEO Elon Musk says company 'past the point of high risk' despite larger losses\u003c/a> (SJ Mercury News)\u003cbr>\n\u003cblockquote>\u003cp>Tesla Motors posted a wider quarterly loss Monday as the car company ramps up production of the all-electric Model S sedan. However, the company assured Wall Street that it remains on track to deliver 2,500 to 3,000 vehicles in the fourth quarter and maintained its 2012 revenue outlook of between $400 and $440 million. Tesla posted a third-quarter loss of $110.8 million, or $1.05 a share, compared with a loss of $105.6 million and $1 a share in the second quarter.\u003c/p>\u003c/blockquote>\n\u003c/li>\n\u003cli>\u003ca href=\"http://www.marinij.com/ci_21931490/election-2012-more-than-800-000-bay-area\">Election 2012: More than 800,000 Bay Area residents have already voted\u003c/a> (Bay Area News Group)\u003cbr>\n\u003cblockquote>\u003cp>Election Day may be just hours away, but more than 800,000 Bay Area voters won't be showing up at the polls Tuesday: They have already voted, as Californians in record numbers are trading the ballot box for the mailbox. It's as if the entire city of San Francisco held the election early. Polling places will be open from 7 a.m. to 8 p.m. Tuesday, and in this presidential election year, they may still be mobbed -- especially considering California now has a record 18.2 million registered voters, up by more than 940,000 from this time four years ago.\u003c/p>\u003c/blockquote>\n\u003c/li>\n\n\u003cli>\u003ca href=\"http://www.insidebayarea.com/oakland-tribune/ci_21929875/oakland-brunner-says-she-will-sue-opponent-city\">Oakland: Brunner says she will sue opponent in city attorney's race for libel over last-minute mailer \u003c/a> (Oakland Tribune)\u003cbr>\n\u003cblockquote>\u003cp>The Oakland city attorney's race took a surprise turn Sunday when council member Jane Brunner, who has long been on the offensive against her opponent, Barbara Parker, announced that she will sue Parker for libel over a last-minute mailer. Parker's campaign piece, which arrived in mailboxes Friday, stated that Brunner \"has been suspended from practicing law by California State Bar.\" Brunner, who joined the bar in 1988, lost her eligibility to practice law in July, 1995, for not taking required continuing education classes. She regained it in January 1997.\u003c/p>\u003c/blockquote>\n\u003c/li>\n\u003cli>\u003ca href=\"http://www.sfgate.com/bayarea/matier-ross/article/Muni-insurance-won-t-replace-torched-bus-4008033.php\">Muni insurance won't replace torched bus\u003c/a> (SF Chronicle)\u003cbr>\n\u003cblockquote>\u003cp>Turns out San Francisco's insurance policy doesn't cover torching of buses - which is why Muni is on the hook for replacing that $700,000 coach that went up in a fireball during the vandalism after the Giants' World Series win. To add insult, the city had just spent $300,000 refurbishing the bus last year.\u003c/p>\u003c/blockquote>\n\u003c/li>\n\u003cli>\u003ca href=\"http://www.sfgate.com/business/technology/article/Apple-sells-3M-iPads-after-Mini-launch-4009275.php\">Apple sells 3M iPads after Mini launch\u003c/a> (SF Chronicle)\u003cbr>\n\u003cblockquote>\u003cp> Apple says it sold 3 million iPads of all kinds in the first three days it sold the new Mini model. Apple started selling the Mini on Friday, starting at $329. It's a third smaller than the full-size iPad. The sales figure compares with 1.5 million iPads sold in the first three days after Apple launched the third-generation iPad in March and cut the price of the iPad 2.\u003c/p>\u003c/blockquote>\n\u003c/li>\n\u003cli>\u003ca href=\"http://www.mercurynews.com/bay-area-news/ci_21928108/san-jose-police-academy-will-buoy-depleted-ranks\">San Jose police academy will buoy depleted ranks\u003c/a> (SJ Mercury News)\u003cbr>\n\u003cblockquote>\u003cp>Times have been tough for a police force depleted by budget cuts, retirements and departures. But with 44 cadets going through the paces of the San Jose Police Department's first academy in nearly three years, department veterans are glad to see some relief coming. The new recruits are expected be on the street by July at the earliest.\u003c/p>\u003c/blockquote>\n\u003c/li>\n\u003cli>\u003ca href=\"http://www.mercurynews.com/bay-area-news/ci_21931890/hot-weather-could-set-bay-area-records-rain\">Hot weather could set Bay Area records; rain on the way later in the week\u003c/a> (SJ Mercury News)\u003cbr>\n\u003cblockquote>\u003cp>Most of the Bay Area is expected to see record-setting temperatures today, including Redwood City (expected high of 84, previous high 81) and Oakland (81 at the airport, previous high of 78). Other coastal locations are expected to see temperatures approaching 90 degrees. Santa Cruz is predicted to see a high of 89 today, which would fall 1 degree short of the record set in 1976. A temperature of 88 degrees is predicted in Gilroy, which would fall short of the record 89 in 2010. The summer conditions are as much as 20 degrees higher than normal for this time of year, according to the weather service.\u003c/p>\u003c/blockquote>\n\u003c/li>\n\u003cli>\u003ca href=\"http://www.pressdemocrat.com/article/20121104/ARTICLES/121109814/1350?Title=Charter-schools-surge-in-Sonoma-County-\">Charter schools growing in Sonoma County\u003c/a> (Santa Rosa Press Democrat)\u003cbr>\n\u003cblockquote>\u003cp>Sonoma County is at the forefront of the charter school movement in California with 11 new schools opening this year, second only to massive Los Angeles County Unified with its nearly 660,000 students. Nearly a quarter -- 23 percent -- of Sonoma County's 70,700 kindergarten-through-12th graders are enrolled in charter schools. Just two years ago, 13 percent of Sonoma County students were in charter schools. Today, there are 56 campuses working under 51 state-issued charters. Fifteen years ago, there were two charter schools in the county.\u003c/p>\u003c/blockquote>\n\u003c/li>\n\u003cli>\n\u003c/ul>\n\u003cp>[ad fullwidth]\u003c/p>\u003cp>\u003c/p>\n",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003cul>\n\u003cli>\u003ca href=\"http://www.baycitizen.org/prisons/story/fewer-prison-inmates-eligible-transfer/\">Fewer prison inmates eligible for transfer to county jails\u003c/a> (The Bay Citizen)\u003cbr>\n\u003cblockquote>\u003cp>As California struggles to meet a court-ordered reduction of its prison population, newly released figures show corrections officials overstated the number of low-level offenders eligible to be diverted to local jurisdictions as part of Gov. Jerry Brown's public safety realignment plan. At issue are inmates who were being sent to state prisons for parole and other technical violations and became eligible to serve their sentences in county jails after Oct. 1, 2011.\u003c/p>\u003c/blockquote>\n\u003c/li>\u003cli>\u003ca href=\"http://www.sfgate.com/business/technology/article/Netflix-moves-to-block-a-hostile-takeover-4009144.php\">Netflix moves to block a hostile takeover\u003c/a> (SF Chronicle)\u003cbr>\n\u003cblockquote>\u003cp> Less than a week after activist investor Carl Icahn announced a 10 percent stake in Netflix, the online video company is moving to protect itself against hostile takeovers. The Los Gatos, Calif., company said Monday that it has adopted a shareholder rights plan. Icahn disclosed his stake in Netflix Wednesday.\n\u003c/p>\u003c/blockquote>\n\u003c/li>\n\u003cli>\u003ca href=\"http://www.mercurynews.com/business/ci_21931692/tesla-ceo-elon-musk-says-company-past-point\">Tesla CEO Elon Musk says company 'past the point of high risk' despite larger losses\u003c/a> (SJ Mercury News)\u003cbr>\n\u003cblockquote>\u003cp>Tesla Motors posted a wider quarterly loss Monday as the car company ramps up production of the all-electric Model S sedan. However, the company assured Wall Street that it remains on track to deliver 2,500 to 3,000 vehicles in the fourth quarter and maintained its 2012 revenue outlook of between $400 and $440 million. Tesla posted a third-quarter loss of $110.8 million, or $1.05 a share, compared with a loss of $105.6 million and $1 a share in the second quarter.\u003c/p>\u003c/blockquote>\n\u003c/li>\n\u003cli>\u003ca href=\"http://www.marinij.com/ci_21931490/election-2012-more-than-800-000-bay-area\">Election 2012: More than 800,000 Bay Area residents have already voted\u003c/a> (Bay Area News Group)\u003cbr>\n\u003cblockquote>\u003cp>Election Day may be just hours away, but more than 800,000 Bay Area voters won't be showing up at the polls Tuesday: They have already voted, as Californians in record numbers are trading the ballot box for the mailbox. It's as if the entire city of San Francisco held the election early. Polling places will be open from 7 a.m. to 8 p.m. Tuesday, and in this presidential election year, they may still be mobbed -- especially considering California now has a record 18.2 million registered voters, up by more than 940,000 from this time four years ago.\u003c/p>\u003c/blockquote>\n\u003c/li>\n\n\u003cli>\u003ca href=\"http://www.insidebayarea.com/oakland-tribune/ci_21929875/oakland-brunner-says-she-will-sue-opponent-city\">Oakland: Brunner says she will sue opponent in city attorney's race for libel over last-minute mailer \u003c/a> (Oakland Tribune)\u003cbr>\n\u003cblockquote>\u003cp>The Oakland city attorney's race took a surprise turn Sunday when council member Jane Brunner, who has long been on the offensive against her opponent, Barbara Parker, announced that she will sue Parker for libel over a last-minute mailer. Parker's campaign piece, which arrived in mailboxes Friday, stated that Brunner \"has been suspended from practicing law by California State Bar.\" Brunner, who joined the bar in 1988, lost her eligibility to practice law in July, 1995, for not taking required continuing education classes. She regained it in January 1997.\u003c/p>\u003c/blockquote>\n\u003c/li>\n\u003cli>\u003ca href=\"http://www.sfgate.com/bayarea/matier-ross/article/Muni-insurance-won-t-replace-torched-bus-4008033.php\">Muni insurance won't replace torched bus\u003c/a> (SF Chronicle)\u003cbr>\n\u003cblockquote>\u003cp>Turns out San Francisco's insurance policy doesn't cover torching of buses - which is why Muni is on the hook for replacing that $700,000 coach that went up in a fireball during the vandalism after the Giants' World Series win. To add insult, the city had just spent $300,000 refurbishing the bus last year.\u003c/p>\u003c/blockquote>\n\u003c/li>\n\u003cli>\u003ca href=\"http://www.sfgate.com/business/technology/article/Apple-sells-3M-iPads-after-Mini-launch-4009275.php\">Apple sells 3M iPads after Mini launch\u003c/a> (SF Chronicle)\u003cbr>\n\u003cblockquote>\u003cp> Apple says it sold 3 million iPads of all kinds in the first three days it sold the new Mini model. Apple started selling the Mini on Friday, starting at $329. It's a third smaller than the full-size iPad. The sales figure compares with 1.5 million iPads sold in the first three days after Apple launched the third-generation iPad in March and cut the price of the iPad 2.\u003c/p>\u003c/blockquote>\n\u003c/li>\n\u003cli>\u003ca href=\"http://www.mercurynews.com/bay-area-news/ci_21928108/san-jose-police-academy-will-buoy-depleted-ranks\">San Jose police academy will buoy depleted ranks\u003c/a> (SJ Mercury News)\u003cbr>\n\u003cblockquote>\u003cp>Times have been tough for a police force depleted by budget cuts, retirements and departures. But with 44 cadets going through the paces of the San Jose Police Department's first academy in nearly three years, department veterans are glad to see some relief coming. The new recruits are expected be on the street by July at the earliest.\u003c/p>\u003c/blockquote>\n\u003c/li>\n\u003cli>\u003ca href=\"http://www.mercurynews.com/bay-area-news/ci_21931890/hot-weather-could-set-bay-area-records-rain\">Hot weather could set Bay Area records; rain on the way later in the week\u003c/a> (SJ Mercury News)\u003cbr>\n\u003cblockquote>\u003cp>Most of the Bay Area is expected to see record-setting temperatures today, including Redwood City (expected high of 84, previous high 81) and Oakland (81 at the airport, previous high of 78). Other coastal locations are expected to see temperatures approaching 90 degrees. Santa Cruz is predicted to see a high of 89 today, which would fall 1 degree short of the record set in 1976. A temperature of 88 degrees is predicted in Gilroy, which would fall short of the record 89 in 2010. 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Fifteen years ago, there were two charter schools in the county.\u003c/p>\u003c/blockquote>\n\u003c/li>\n\u003cli>\n\u003c/ul>\n\u003cp>\u003c/p>\u003c/div>",
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"info": "Possible is hosted by entrepreneur Reid Hoffman and writer Aria Finger. Together in Possible, Hoffman and Finger lead enlightening discussions about building a brighter collective future. The show features interviews with visionary guests like Trevor Noah, Sam Altman and Janette Sadik-Khan. Possible paints an optimistic portrait of the world we can create through science, policy, business, art and our shared humanity. It asks: What if everything goes right for once? How can we get there? Each episode also includes a short fiction story generated by advanced AI GPT-4, serving as a thought-provoking springboard to speculate how humanity could leverage technology for good.",
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"soldout": {
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