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Tesla: Factory on track for 2012 Model S launch

At Tesla Motors Inc.'s first annual shareholders meeting since going public last July, Tesla CEO Elon Musk provided a vision of using the full capacity of the former New United Motor Manufacturing Inc. plant it acquired from Toyota. He also discussed a string of electric vehicles and the possibility of a chain of company-owned charging stations and battery-swap facilities.

Cadillac releases second ELR teaser

Cadillac has released the second teaser image of the 2014 ELR electric vehicle ahead of its world debut next week in Detroit. The heavily-camouflaged ELR, which will be unveiled on 15 January, was photographed driving through the mountains of Southern California during development testing. The car will be a sporty two-door coupe that was previewed by the Converj concept, which made its debut at the 2009 North American International Auto Show (NAIAS).

Hottest 911 ever!

A few weeks back, we revealed spy shots of the next-gen Porsche 911 GT2. But now the Web is awash in reports from a Porsche dealer meeting in Germany where the company revealed the even-hotter GT2 RS. Reportedly pushing 620 hp from its turbocharged boxer-six engine, the track- and street-legal GT2 RS is said to be 200 pounds lighter than the GT2.