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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.

UK has 'highest car running costs'

THE UK is the most expensive country in the world for running a car, according to a new survey. Comparing the cost of fuel, insurance, road tax and MOT, on average it costs the UK motorist £3,453 a year, which is £1,000 more than in the USA and Australia, £1,825 than Japan and a full £2,000 more than in China. The survey, conducted by Webuyanycar.com, compared the cost of motoring in 21 countries on five continents, and revealed that on many fronts the UK motorist is paying more than anyone else.

Korean Grand Prix (2012) RESULT

With the Red Bull of Mark Webber on pole and Sebastian Vettel alongside, could Vettel take the lead in the driver’s championship in Korea? Last year, Sebastian Vettel took the win in Seoul, and this year it’s a second place on the grid for Vettel as he strives to overtake Alonso in the race for the drivers’ championship, with Mark Webber sitting on pole. After Vettel’s display in Japan in the last race, and a clear edge over the rest of the fields in qualifying in Korea, it was no surprise to see the Red Bulls go clear from the start, with Vettel getting the jump on Webber and heading off in to the sunset for a clear win – despite a few tyre traumas near the end – with Webber riding shotgun for a solid second place.