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Tesla EV stores could be banned in New Jersey

New Jersey has become the third U.S. state to halt the sales of Tesla cars sold directly through Tesla from company-owned outlet stores. New Jersey follows in the steps of Arizona and Texas in implementing a rule that would ban Tesla from operating its stores, which are alleged to violate state dealer-franchise laws mandating vehicles sales through third-party dealerships.

Chris Forsberg leads Formula Drift season with victory at Long Beach

Last year, Chris Forsberg had the Formula Drift title slip out of his fingers. This year, he kicked off the 2014 season with a victory. Forsberg narrowly lost to Michael Essa in 2013's final round at Irwindale, who won -- on a technicality, despite blowing an engine.

Former Saab executives arrested in accounting-fraud probe

Three former Saab executives, including former CEO Jan-Aake Jonsson, were arrested Monday on suspicion of “grave attempts to complicate tax controls” during 2010 and 2011, according to a report from Bloomberg. The Swedish Economic Crime Authority's chief prosecutor, Olof Sahlgren, declined to give the names of the arrested, but Bloomberg confirmed in court documents that Jonsson, former chief financial officer Karl-Gustav Lindstroem and formal general counsel Kristina Geers were detained. “It's about accounting measures to complicate the control operations of the tax authority regarding the calculation of taxes and fees,” Sahlgren told Bloomberg.