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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.

Detroit Electric moves production to Holland

Detroit Electric is going ahead with production of its Lotus-based sports car in the lovely Detroit suburb of…Holland. Unfortunately it's not the coastal city in the western part of Michigan, but the one in northern Europe. The facility will begin production in the fourth quarter of this year, according to the Detroit News.

Your Fisker Karma is ready, Mr Di Caprio

The firts Fisker Karma is off to Leonardo di Caprio - without the leggy passenger The Fisker Karma has been on its way for what seems a very long time. But finally, Henrik Fisker’s eponymous company is delivering what it’s been promising, and the first recipient later this month of the Karma will be Leonardo di Caprio. Henrik Fisker has a few more famous faces in his 3,000 order bank including Al Gore (former vice President and the man with the disingenuous climate-change campaign to his credit) and Colin Powell (best know for the Gulf war and being the only man called Colin who can’t pronounce his own name).