electricity

Tesla alters financing following criticism

Last month Tesla said a new financing arrangement would make the Model S cost a mere $500 a month. Following critique in the press of Tesla's creative accounting, CEO Elon Musk announced revisions to the financing plan, now citing a net cost of $580 per month.

The two substantive changes to Tesla financing involve a revised resale value guarantee and longer term loans from partners Wells Fargo and U.S. Bank.

With the longer term loans, Tesla says the per-month cost of a Model S will be $580, taking into account the savings gained by running the car on … Read more

Crave Ep. 118: Memory foam chair expands when hot

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A Belgian artist has invented a memory foam chair that expands when heated up. Plus, we take a look at a $1,500 solar-powered scooter and try on the Predator Helmet. All that and more on this week's super-futuristic episode of Crave. … Read more

Tesla offers loaner cars, valet service

Tesla announced today that it would offer its high-end Model S Performance edition, with an 85 kilowatt-hour battery pack, and the Roadster as loaner cars for when owners' cars are being serviced. As Tesla sells cars directly to owners, the company, rather than a dealer, handles all service and loaner-car issues.

No matter what Model S version is in for service, owners will have their choice of the Model S Performance edition, which retails for $87,400, or one of the older Roadster models as a loaner car. Further, Tesla said it will let owners who would like to upgrade … Read more

Tesla plans big announcement that Model S owners 'will like'

There's the possibility that Tesla may be looking to make its luxury all-electric cars a tiny bit more affordable. The company's CEO Elon Musk tweeted Thursday that Tesla will announce some big news on Friday.

Announcement of new @teslamotors strategy tomorrow. Tesla owners will like this.

— Elon Musk (@elonmusk) April 25, 2013

While no further information is given, this tweet does offer some clues into what Musk may be suggesting. The fact that he mentioned it will be something "Tesla owners will like" harkens back to a similar tweet from last month.

After tweeting about an … Read more

Formula E electric-car race adds Los Angeles venue

Los Angeles, once known for its smog, has signed on with the all-new Formula E racing organization to host one of the worldwide series of 10 electric-car races, kicking off next year.

Los Angeles joins Miami; London; Rome; Beijing; Rio de Janeiro; Putrajaya, Malaysia; and Buenos Aires, Argentina, in hosting races in the series. Two more cities in the series have yet to be announced.

The Formula E organization demonstrated one of its electric race cars in Los Angeles on Monday.

Although Formula E intends the series to be open to competitive build teams, the organization has contracted Spark Racing … Read more

Solar Electric Scooter takes a shine to green transport

Electric scooters are being positioned as eco-friendly alternatives to traveling everywhere in your car. What could make an electric scooter even more green? How about a built-in solar panel? The Solar Electric Scooter does just what its name suggests: gives you a lift with an assist from the sun.

We've seen sleeker scooters (like the MUV-e) and weirder scooters (like the ZeitEco). The Solar Electric Scooter's claim to fame is right underfoot where the solar panel is built into the vehicle.… Read more

'Perfect' tortilla bowls at the touch of a button

Looks can be deceiving. The basic simplicity found in a tortilla in no way conveys its potential. Not until ingredients have been added does the humble tortilla reveal its genius. Whether they are folded or wrapped up, corn and flour tortillas can transform anything and everything into delicious tacos and burritos. Yet despite all this versatility, tortillas can do even more; it just takes a little prodding.

Coaxing new forms out of ingredients is nothing new, nor is it even new for tortillas. The Nostalgia Electrics TSM100 Tortilla Bowl Maker ($19.99) says that it lets you "make perfect … Read more

Detroit Electric launches SP:01: A Tesla rival

Little-known -- but storied-brand -- Detroit Electric has launched its electric alternative to the Tesla.

The SP:01 is a limited-edition, two-seat pure-electric sports car, according to the company's announcement today.

With its Lotus Elise-like design, the SP:01 boasts a top speed of 155 mph and goes from 0-62mph in 3.7 seconds.

Other marquee features of the SP:01:

Electric motor: rear-wheel-drive with a mid-mounted 200 bhp electric motor made in the USA. Body: carbon-fiber body, with a total weight of 1,070 kg (2,359 pounds). Driving range: With a power rating of 37 kWh, the … Read more

Nostalgia Electrics dishes out a double scoop of frozen treats

Decisions, decisions; life has enough of them. Sometimes, the best course of action is to opt not to choose. Take a hot summer day, for example. After a long hot day at the beach or the park, there comes a time to choose what the cool-down treat is to be. Naturally, having gone through a long day of decision making regarding which sandwiches to bring to the park or whether to barbecue at the beach, the finishing touch should be an easy one to make.

Just in time for the warm weather months, Nostalgia Electrics has released not one, but … Read more