Tesla reveals prices for the Model S EV

Tesla Model S Price Revealed The Tesla Model S finally has a proper price attached to it, with the base model starting at $57,400 and the range topper coming in at $87,400. It’s easy to take the mickey out of Tesla and their promise of an electric car nirvana with the Model S. The prices Tesla has always quoted revolve round a four seat, four door luxury executive express coming in at a frankly unbelievable sub $50k.

House narrowly passes scaled-back 'cash-for-clunkers' bill

The U.S. House on Tuesday narrowly passed a scaled-back version of a bill that would give consumers cash vouchers of between $3,500 and $4,500 if they trade in their cars for newer, more fuel-efficient vehicles. The $1 billion cash-for-guzzlers proposal, modeled after successful programs in Germany and other European countries, is part of a $106 billion supplemental spending measure designed mostly to fund the wars in Iraq and Afghanistan.

BMW wants to sell 1,000 of its fire-breathing hybrids in the U.S.

It's literally a grand strategy: BMW is aiming to sell 1,000 of its new hybrids based on the 7-series and the X6 in their first year in the United States. The two hybrids will be revealed in production trim at the Frankfurt auto show this month. They use eco-technology to boost fuel economy and performance.