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Elon Musk says NYT story cost Tesla $100 million

Tesla CEO Elon Musk told Bloomberg TV on Monday that the recent negative New York Times review of the Model S sedan decreased the company's stock-market value by as much as $100 million. The NYT-Tesla saga began on Feb. 8 with reviewer John Broder recounting the tale of how he was stranded when the Model S didn't live up to its 300-mile claimed range.

McLaren 650S Sprint revealed – debuts at Pebble Beach

The McLaren 650S Sprint arrives to hit the track The arrival of the McLaren 650S in February (and the end of the 12C, unless it’s being replaced by the McLaren 625C) meant, in all probability, that the various hardcore versions of the 12C would be replicated for the 650S. We’ve already has the new McLaren 650S GT3 at Goodwood this year, and now we get the car that fills the gap between the 650S and GT3 version for McLaren owners to take to the track – the McLaren 650S Sprint. The 650S Sprint – which we assume replaces the 12C Sprint – keeps the 650S’s 641bhp V8 but adds a hefty dose of track specific updates to make the Sprint more focused and with sharper responses.

New VW Golf GTI: Price from £25,845

Volkswagen has revealed that the 2013 Golf GTI MK 7 will cost from £25,845 – £195 up on the old GTI – with the GTi Performance from £26,825. For the first time you’ll get a choice of power levels for the GTI, with the regular GTI getting a 2.0 litre TSI with 217bhp and the GTI Performance coming with 227bhp, gets bigger brake discs and a limited slip diff. Performance from the regular GTI is 0-62mph in 6.5 seconds and a top speed of 152mph, whilst the GTI Performance cuts that time by 0.1 seconds with both versions offering 44.1mpg official consumption with the six-speed manual ‘box.