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Tesla planning car to take on Nissan LEAF – and maybe sell out to Apple

Elon Musk is buoyed by the success of the Tesla S and the seemingly inexorable rise in Tesla’s stock which has allowed Tesla to repay its government loans way ahead of schedule. Now Musk has been getting adventurous in an interview with Bloomberg where he’s stated that the next plan for Tesla is to build a smaller, more affordable electric car that can take on the Nissan LEAF. Musk plans to stay in control of Tesla until plans for a news small EV are complete, and said: With the Model S, you have a compelling car that’s too expensive for most people.

LA Motor Show: Subaru WRX gets downsized engine

SUBARU has revealed a production-ready version of the WRX concept first seen earlier this year. The latest edition of the performance saloon may not be coming to the UK at all, but Subaru has finally given the 268bhp machine the go-ahead for Japan and North America. A new 2.0-litre ‘boxer’ engine carries on the brand’s tradition, bringing with it the same low centre of gravity as the old 2.5-litre unit but with greater environmental credentials.

One-off 1990 Corvette ZR-1 Spyder saved from sinkhole; video shows extraction

You'll have to excuse the National Corvette Museum's timing -- museum staff are excited to report that a one-off 1990 Corvette ZR-1 Spyder has just been pulled from the sinkhole that opened up beneath the show floor in February, and they want you to know that this isn't some sort of cruel April 1 hoax. Don't believe us? Just watch the video below There hasn't been much headline-making news out of the Corvette museum since the 1 millionth Corvette built was saved from the sarlacc pit in early March, bringing the number of cars returned to ground level to five.