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Elon Musk unveils Hyperloop

Elon Musk has been teasing us with something called the Hyperloop for a while now, referring to some Goldbergian cross between a railgun and an air hockey table that would zoot us and scoot us from San Francisco to Los Angeles in a half-hour. Now, in a 57-page PDF available here or here, he's outlined just what Hyperloop could be. Bad news?

Dacia ‘Twingo’ planned as sub £5,000 entry-level Dacia

The current Ranault Twingo (pictured) looks set to live on as the new Dacia Twingo The new Renault Twingo – which shares its underpinnings with the next Smart – arrived at the Geneva Motor Show last week, and it looks an appealing and impressive city runaround. With 3-cylinder engines, rear wheel drive and decent looks, the Twingo looks to have a decent chance of making sensible sales this side of the Channel as the budget alternative to the next Smart Car, which will be basically the same under the skin. But those plans may go a bit awry if a report from Auto Bild is accurate, as Dacia appear to be preparing to take the current Twingo and turn it in to a budget offering for the Dacia range.

First 2015 retail Mustang goes for $300K

Compared to your typical Barrett-Jackson collector car auction price, $300,000 might not seem like too much--a 1967 Corvette went for $3.8 million. But with 100 percent of the proceeds going to the Juvenile Diabetes Research Foundation, $300,000 doesn't sound too shabby. On Saturday, the winning bidder ended up dishing out $300k for the first 2015 retail Ford Mustang GT, about 10 times the actual price.