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Elon Musk says NYT story cost Tesla $100 million
Mon, 25 Feb 2013Tesla 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.
Audi shows S3 Sportback (2013) – but is a used S3 a better buy?
Wed, 13 Feb 2013Here’s Audi’s S3 Sportback, the five-door version of the 296bhp Quattro hot hatch unveiled last year. The S3 Sportback takes 5sec flat to accelerate from 0 to 62mph, that’s one-tenth of a second quicker than Audi’s official figure for its three-door stablemate. That’s because the initial 5.1sec S3 time was only an estimate, and Audi’s subsequent tests have shown the three-door S3 actually dipping below five seconds in the 0-62mph sprint.
BMW releases X1 (2009): teaser pictures and video
Fri, 05 Jun 2009By Peter Adams First Official Pictures 05 June 2009 16:00 UPDATED: BMW has just released video of a partially disguised X1 testing in Majorca BMW has released four teaser shots of its forthcoming X1 on a Facebook page dedicated to the mini-SUV. The X1 won't be officially unveiled until the Frankfurt motor show in September 2009, but BMW has been cranking up the publicity machine for its new 4x4 since a concept X1 was shown at Paris last year. CAR's Georg Kacher drove a prototype X1 earlier this year (CAR, May 2009) and in the past few days BMW has also released official shots of the car clad in the company's infamous psychedelic disguise.