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The great Tesla bubble of 2013

Do I go too far out on a limb to suggest Tesla is the modern-day version of the Great Tulip Bubble of March 1637? Remember, that was when speculators drove prices of just-introduced tulip bulbs to astronomical heights. Some single bulbs cost more than 10 times an average working man's salary.

Mercedes AMG GT S hits the track in new HD video

The new Mercedes AMG GT S on track at Circuit of Americas The Mercedes AMG GT is the long-awaited replacement in the Mercedes range for the SLS AMG, but even though the new AMG GT (and GT S) offers performance almost the equivalent of the SLS, it’s price tag is a lot lower. In fact, at prices expected to start at around £100,000 – and an extra £10-15k for the GT S version – the new AMG GT is at least a third cheaper than the SLS, and aimed at cars like the Porsche 911 and Jaguar F-Type rather than the stratospheric supercars the SLS had in its sights. That also means Mercedes AMG are going to have to sell a chunk more GTs than they ever did SLS models, so you can expect more promos and more profile for the AMG GT than you’d ever have seen for the modest-run SLS – like the latest Mercedes has just released (below).

New app from Pirelli tracks biker's performance

Pirelli has launched an iPhone app for motorcyclists that tracks speed, lean angle, road routes and racetrack lap times. The results can be shared via social media. The app, named Diablo Super Biker, uses the phone's GPS and g meter to calculate and record the info.