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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.

GM's No. 2 PR executive leaves to join United Airlines

Tony Cervone, a top spokesman for General Motors as it battled bankruptcy rumors and won U.S. rescue loans, is leaving the automaker. Cervone, 46, will join UAL Corp., parent of United Airlines, as chief communications officer and senior vice president, United said in a statement on Wednesday.

Koenigsegg One:1 to debut at 2014 Geneva Motor Show

The extreme Koenigsegg One:1 (pictured) will debut at the 2014 Geneva Motor SHow At the end of 2012 we exclusively revealed the first details of the Koenigsegg One:1, an extreme take on the Agera R and being built in very small numbers. Then, in September last year, we were able to flesh out what the Koenigsegg One:1 would offer after Koenigsegg revealed more details – and it is impressive. The One:1 will come with 1,400 HP and weigh in at just 1400 KG, and that weight includes all fluids and even the weight of an average driver.