Inside Tesla's enormous battery factory Goldman Sachs thinks it's time to pull the plug on Tesla's stock. David Tamberrino, an analyst at the influential Wall Street investment bank, downgraded Tesla's stock to a "sell" rating on Monday morning. It's pretty rare for analysts to be that negative about a high-profile company.
First drive in $2M super car Italian supercar manufacturer Pagani doesn't make very many cars and the ones it does make are very, very expensive. At next month's Geneva Motor Show Pagani will unveil it's next new model, the Pagani Huayra Roadster. Only 100 will be made and each will cost at least $2.4 million. Or, rather, they did cost that much. They've all already been sold. The Huayra Roadster is more than simply a convertible version of the hard-roofed Pagani Huayra you may already be familiar with. That car could be had for a mere $1.4 million. Named after an Andean wind god, the Pagani Huayra Roadster, like the hard-top version is made almost entirely from lightweight, but expensive, carbon fiber. Pagani's founder, Horacio Pagani, had been an in-house carbon fiber expert at nearby Lamborghini before leaving to start his own company. The Huayra Roadster will have two different roofs. One is a removable mostly clear carbon-fiber top that resembles a g..
Bentley makes its first electric car The British ultra-luxury automaker Bentley unveiled an electric concept car. But will anyone want it? Tesla has proven that people will pay over $100,000 for an electric car. But what about $300,000? Or $400,000? That's what Bentley aims to find out with a new concept unveiled this week at the Geneva Motor Show. The Bentley EXP 12 Speed 6e is Bentley's first take on an electric car. The car's whole purpose is to start discussions with Bentley customers about wether they might ever be interested in an electric Bentley, said Christophe Georges, Bentley's director of product and marketing. The concept car will travel to car shows like this one and to events like the Pebble Beach Concours d'Elegance, where extraordinarily wealthy car buyers gather. Bentley can then talk to them about what they might want in an all-electric Bentley. Related: McLaren unveils 710 hp supercar The car has a unique white paint, called pearle..