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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.

Webinars: Perceived Quality in the Digital Design World

Car Design News hosted a new webinar with Icona Solutions yesterday, June 8th. Focusing on perceived quality in the digital design world, Icona Solutions' Dr John Maxfield explained how the company's aesthetica software – which enables design teams to gain early insight and resolve fit and finish issues – can improve perceived quality and craftsmanship. Hosted by Dr John Maxfield, Technical Director and Founder of Icona Solutions Ltd, the webinar demonstrates how aesthetica helps designers produce realistic images of real world products, including materials / color / finishes, with targets to allow early perceived quality reviews.

Electric cars to be powered by AA-style batteries

A NEW COMPANY is claiming its new design of battery could see future electric cars powered by batteries no bigger than the current AA size. LipraLoof Techologies Ltd, a new start-up, has teamed up with City Car Club to trial the new technology in its fleet of vehicles. The new batteries use a complex mix of metal hydrates to create a quad, or 4A battery, which produces far more power than a standard battery.