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Tesla Roadster 2.5 breaks cover

Perhaps feeling a bit of chutzpah after a wildly successful stock offering this week, Tesla is demonstrating on Thursday that it still has an eye toward product, revealing the updated Tesla Roadster. And it's available for order now. Called the Roadster 2.5, the car features minor enhancements, including a new front fascia with different diffuser vents (the change is actually apparent) and new rear diffuser.

Ford debuts another Australian hot rod

Ford's Australian-based Performance Vehicles operation has unveiled its fastest car to date—the Falcon-based FPV GT R-spec. To be assembled at Ford Performance Vehicle's headquarters on the outskirts of Melbourne, the rear-wheel drive GT R-spec packs the same engine as the earlier GT335, a supercharged 5.0-liter V8 producing 449 hp and 420 lb-ft of torque. But, a range of chassis modifications, including a retuned suspension, wider 19-inch rear wheels and tires and new launch control system are claimed to provide the greater off-the-line speed than any previous model from Ford's Australian outpost.

Camaro Z/28 Indy 500 pace car revealed by Chevrolet

Chevrolet has taken the wraps off the pace car for the 98th running of the Indianapolis 500: It'll be the 2014 Chevrolet Camaro Z/28. Veteran race car driver Dario Franchitti will be piloting the Camaro Z/28 around the track on race day, May 25. 2014 will mark the eighth time that a Camaro has been chosen as the official pace car for the race, with 1967 being the first time that a Camaro has lead the pack around the course.