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Tesla rolls out Model S hatchback, plans late 2011 start

Amidst thumping techno and inside his own rocket factory, Tesla founder and CEO Elon Musk pulled the cover off his much-anticipated second car onThursday. The Model S five-door hatchback will go into production in late 2011 at a rate of 20,000 per year. Prices will start at $49,900 for the base model, a price that assumes the $7,500 current Federal tax credit available.

Ferrari 458 Italia – in the flesh

New Ferrari 458 Italia out testing And today we’ve had drop in to our inbox a picture of a 458 Italia in the flesh, which gives far more idea of perspective than the artfully-lit studio shots Ferrari released. It’s no real surprise that 458s are running around, with the official reveal only a matter of weeks away at the Frankfurt Motor Show. And Ferrari hasn’t gone to huge lengths to disguise this car – just some black and white paintwork.

Spied: Mercedes-Benz SLC AMG? UPDATED

LATEST UPDATE Mercedes-Benz’s AMG performance car off-shoot has kicked off public road tests of its eagerly awaited new sportscar, which is planned to go on sale in North America in early 2015. Smaller and more affordable than the existing SLS AMG, which the new two door liftback will indirectly replace in the German car maker’s line-up, the new car is planned to compete directly with the Porsche 911, both on price and performance. The coupe model, caught here exiting AMG’s engineering headquarters on the outskirts of Stuttgart in Germany yesterday in the first round of durability testing, will proceed a convertible version of the front-engined, rear-wheel drive sportscar due out in 2016, with an expected price tag of around $100,000 in the US.