As you have probably heard by now, Tesla Motors is suing widely popular BBC program Top Gear. Telsa claims that the episode of Top Gear featuring the Tesla Roadster misrepresented the car and "contained lies and misinformation about the Roadster’s performance, behaviour and reliability," according to Tesla's website on the subject. If Top Gear's test results are really fraudulent it could prove to be very good for Tesla's image as a successful automaker. Now, Morgan Stanley has predicted Tesla's stock to grow to $70- a 200% upside. As of 11:39 AM EST, Tesla (TSLA) stood at $28.30 per share. Morgan Stanley also goes on to predict that Tesla will become America's fourth big automaker behind GM, Ford, and Chrysler, citing the growing demand for electric vehicles amid rising oil prices. They also predict a market penetration of greater than 15% by 2025- with internal combustion engines remaining the majority seller. Considering the amount of EVs on the road today, this could be a monumental growth. Needless to say, the world's roads will look much different in the next 20 years than they do today.
Tesla vs Top Gear Website
Source: Street Insider
Pictured: Tesla Roadster. Image courtesy of Tesla Motors.
Thursday, March 31, 2011
Thursday, March 24, 2011
Hybrid Porsche 911?
Jalopnik reported today that someone had taken pictures of a possible hybrid Porsche 911 being tested in California. This would make sense as it seems Porsche is trying to incorporate Hybrid technology wherever it can to improve its fleet-wide fuel economy and emissions. According to the Jalopnik's source, the Porsche made no sound as it drove away, and had fake side vent stickers, which could be indicative of a gas-electric powertrain. For pictures of the suspected hybrid 911, check out Jalopnik's Gallery.
Source: Jalopnik
Pictured: Porsche 911 Turbo
Source: Jalopnik
Pictured: Porsche 911 Turbo
Wednesday, March 23, 2011
BMW 1 Series M Coupe MotoGP Safety Car
AutoNews has released some details about the BMW 1 Series M Coupe MotoGP safety car. It has more than a few performance upgrades over the stander 1M Coupe to make it more suitable for the track. The chassis has been lowered, and an adjustable rear spoiler from the M3 GTS has been added. The MotoGP safety car also gets the brakes from the M3 GTS, and BMW has removed the catalytic converters to allow for about 7-10 extra hp. The interior has also been redone with racing harnesses and a roll cage. Unfortunately for BMW fans these upgrades won't go into a production 1M CSL or 1M GTS variant, but will stay with the safety car. We can only dream.
Source: Bimmerpost via AutoNews
Pictured: BMW 1 Series M Coupe MotoGP Safety Car
For more wallpaper size images, follow this link.
Source: Bimmerpost via AutoNews
Pictured: BMW 1 Series M Coupe MotoGP Safety Car
For more wallpaper size images, follow this link.
Monday, March 14, 2011
Hawaii's Gas Prices Reach $4 per Gallon
Hawaii has the distinct honor of being the first state to reach the $4 per gallon mark ahead of this year's summer driving season. Some other cities have also reached the $4 mark, most of them being in California, however Hawaii is the first to reach a statewide average of $4 per gallon. Sales of small, fuel efficient cars are also rising with gas prices, something we have seen in the past. Prices are projected to reach $5 per gallon this summer.
Source: Los Angeles Times
Source: Los Angeles Times
Massive 9.0 Earthquake in Japan
On Friday of this past week, Japan was hit with a massive earthquake that measured 9.0 on the Richter scale. Their infrastructure has been severely damaged and many people are without food, water, electricity, or shelter. Our prayers are with those people suffering in Japan. Japanese authorities are now struggling to contain two nuclear reactors and prevent a potential meltdown.
Check out Jalopnik's great article on what's going on and how you can help.
Image source: Wikipedia
Check out Jalopnik's great article on what's going on and how you can help.
Image source: Wikipedia
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