Garmin 20' Extension Cable F/transducer W/idpart# 010-10716-00 on 2040-parts.com

Tesla pays off its government loans

Tesla paid off the last of its $465 million government loans May 22, nine years ahead of schedule, thus outperforming most U.S. college graduates and the vast majority of American homeowners. Tesla used funds from a stock offering to finish the loan with a whopping bank transfer of $451.8 million Wednesday, pointing out that it was “…the only American car company to have fully repaid the government.” Apparently no one at Tesla was even born when Lee Iacocca paid off Chrysler's $1.2-billion government bailout ahead of schedule back in 1983.

Porsche 918 Spyder laps Nurburgring in under 7 minutes

The Porsche 918 Spyder (pictured) laps the Nurburgring in under 7 minutes When the McLaren P1 was first revealed, Ron Dennis told us it would lap the Nurburgring in under 7 minutes. But it seems the best the McLaren P1 has managed so far is a 7:04, so it’s no surprise McLaren hasn’t officially declared its time as they probably knew it wasn’t enough, but also knew that Porsche has managed to take the new 918 Spyder round the ‘Ring in just 6:57s. That 6:57 by the Porsche 918 Spyder isn’t quite as quick as the Radical, but as the Radical has only single type approval, Porsche are justifiably claiming the 918 Spyder’s time as the quickest by a proper production car, beating the previous record of 7:11s set by the Gumpert Apollo.

Novitec Alfa Romeo 8C Spider adds boost for a sensuous 600 hp

Novitec has laid hands on the near-perfect Alfa Romeo 8C to create the 8C Spider Kompressor, a car the tuner claims is the “most powerful street-legal Alfa Romeo of all time.” Heady words, but they're nicely backed up by a supercharged version of the 4.7-liter Alfa V8 cranking out 600 hp and 434 lb-ft of torque. That's up from approximately 450 hp and 346 lb-ft on a stock Alfa Romeo 8C Competizione. Tweaks supporting the force-fed mill include a water-to-air intercooler, custom injectors and revised fuel and ignition mapping, plus a variable stainless-steel exhaust system.