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Elon Musk says NYT story cost Tesla $100 million

Tesla CEO Elon Musk told Bloomberg TV on Monday that the recent negative New York Times review of the Model S sedan decreased the company's stock-market value by as much as $100 million. The NYT-Tesla saga began on Feb. 8 with reviewer John Broder recounting the tale of how he was stranded when the Model S didn't live up to its 300-mile claimed range.

Top Gear: Clarkson, Hammond & May sign for another 3 years

It’s been revealed that Jeremy Clarkson, Richard Hammond and James May have signed up for another 3 years of Top Gear. There may not be a new series of Top Gear on its way until 2013, but we now know that Top Gear as we know it – with Jeremy, Richard and James – is safe for another three years after the trio signed a new deal with the BBC, tying them in to Top Gear until 2016. So, despite the naysayers claiming Top Gear has had its day and will end soon, we can guarantee another three years of the nation’s (and the world’s) favourite car entertainment programme.

Jaguar Land Rover Heritage Parade in London for Queen’s Coronation Festival

Jaguar Land Rover drive their Royal Heritage cars down the Mall to celebrate the Coronation Festival Remarkably, considering 2012 was the 60th anniversary of the Queen coming to the throne and the celebratory events we had, we’ve heard very little about the 60th anniversary of the coronation. In fact, we’ve already passed the diamond anniversary of the Queen’s coronation (on 2nd June) without any huge fanfare but, for some reason, we have a ‘Coronation Festival’ from 11-17th July to celebrate the ‘Best of British’. But it seems Jaguar Land Rover couldn’t wait for the event to start properly, so they’ve jumped the gun and gone parading a selection of Jaguars and Land Rovers with Royal connections  round London this weekend.