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Tesla reveals prices for the Model S EV

Tesla Model S Price Revealed The Tesla Model S finally has a proper price attached to it, with the base model starting at $57,400 and the range topper coming in at $87,400. It’s easy to take the mickey out of Tesla and their promise of an electric car nirvana with the Model S. The prices Tesla has always quoted revolve round a four seat, four door luxury executive express coming in at a frankly unbelievable sub $50k.

New Volkswagen Golf GTI spec revealed: Gets 217bhp or 227bhp

Volkswagen has revealed the new 2013 Golf GTI Specs ahead of a Geneva showing. Gets 217bhp or an extra 10bhp with the Performance Package. As we already know, the new Golf GTI comes with a 2.0 litre TFSI engine good for 217bhp or, if you opt for the Performance Package, you can have an extra 10bhp – enough to cut the standard GTI’s 0-62mph (6.5s) by 0.1 seconds and add an ectra 3mph to the top speed (rises to 155mph).

Classic Ferrari becomes most expensive car ever sold in UK

This 1957 Ferrari 250 TR – or Testarossa – has just become the most expensive car ever sold in the UK outside of an auction. The exact figure paid is undisclosed, but is said to be in excess of the previous record-holder, a Ferrari 250 GTO that sold for £22.5 million in 2012. Yes folks, if you’ve got the cash, classic Ferraris are where it’s at in the investment world right now.