Tesla Model S to Launch with Pricy “Signature Series”

Tesla has pinned a lot of hopes on the Model S, the all-electric sedan due out next year. The first 1,000 cars off the assembly line will be the “Signature Series” Model S, with 300 miles of range…and more.
Car companies often launch a new vehicl…

3 Tesla Model S plug-ins, 3 different prices starting in 2012

The Tesla Model S Sedan coming in 2012
Is Tesla the Porsche of electric cars?
By late summer next year Tesla will start selling the Model S sedan, when the automaker plans to sell up to 5,000 electric cars, increasing production up to 20,000 in 2013.
M…

U.S. May Open SPR as Oil Nears $107 a Barrel

Oil prices continued their upward trend, nearing $107 a barrel early Monday, and President Obama’s chief advisor said the administration is considering releasing some oil from the Strategic Petroleum Reserve to staunch soaring prices.