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Musk improves Tesla Model S and battery service

Tesla is making changes to the Model S sedan's battery warranty and service contract. Company CEO Elon Musk detailed the changes to reporters on Friday via a conference call and Web press conference. First, the company is building a fleet of top-of-the-line Model S loaners for their customers.

Toyota recalls 2.5 million vehicles for fire risk

Toyota is recalling 2.5 million vehicles in the U.S. over a power window switch that could catch fire. The company says the switch may have a “notchy” or “sticky” feel.

How Fisker fell apart

At last week's politically charged congressional hearing on the troubles of Fisker Automotive, Rep. Jim Jordan, R-Ohio, said that the company had "no business acumen" and that "taxpayers have effectively subsidized luxury novelty vehicles for the likes of Justin Bieber, Leonardo DiCaprio and Al Gore." Ouch. Republicans eager to score points against President Obama had a field day last week with Fisker.