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Tesla Model S outsells luxury competition

As if Tesla needed any more good news this month, first-quarter sales are in and the electric Model S outsold the Mercedes S-class, Audi A8 and BMW 7-series, according to “CNN Money.” In the first three months of 2013, Tesla sold 4,750 sedans while Mercedes sold 3,077 of the S-class, BMW sold 2,338 of the 7-series and Audi sent 1,462 A8s out of the dealership. The Model S does have its sticker price going for it. The base model can be had for $69,900 -- possibly less with tax incentives -- while the cheapest S-class goes for $93,255, the 7-series for $74,525 and the A8 for $73,095.

Shelby American considers bringing back rent-a-racer Mustangs

Shelby American is considering resurrecting its “rent-a-racer” program that offers upgraded Mustang GTs for enthusiast-oriented consumers, AutoWeek has learned. Likely timed to mark the storied company's 50th anniversary, the program could launch as early as next spring. The cars would be offered in two traditional configurations: black and gold and white and gold.

GM launches Corvette ads on television

WITH VIDEO -- The first work from Goodby, Silverstein & Partners' new client, General Motors' Chevrolet, is out, and it's a testosterone-filled, 45-second TV spot for the 2011 Corvette. The ad, which aired for the first time Tuesday night on ESPN, marks GM's return to TV advertising for the Corvette after a five-year absence. Titled "Still Building Rockets," the commercial shows footage of rocket scientists juxtaposed with snapshots of GM plant workers building a Corvette.