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Jay Leno burns rubber in Tesla Model S

Jay Leno has a pretty big soft spot for alternative-fuel vehicles. From his steam-powered relics to his beloved Chevrolet Volt, the comedian's automotive interests are nothing if not varied. In the latest episode of Jay Leno's Garage, Tesla Chief Designer Franz von Holzhausen stops by the Big Dog Garage to show off his company's new Model S. Jay gets a closer look at the five-door EV's interesting touchscreen controls, expansive moonroof and yes, even the third-row jump seats, before taking to the road. The clip explains why Tesla eschewed the chunky standardized EV charger for a more svelte unit and how the company managed to serve up impressive aerodynamics without sacrificing styling.
Leno takes the time to whir the Model S around the greater Los Angeles area before hopping on the freeway for a quick spin. This particular model features the largest battery pack available, which gives the Model S a total range of around 300 miles. Check out the clip below for a closer look.

Why Tesla will need more loans to make it through 2013

It's fun to bet against Elon Musk and Tesla - that's the best reason we can find for so many people doing it even though the man, his company and his cars are still here and still very popular. The latest name inscribed in the column labeled "Skeptical of Tesla" is John Shinal at Market Watch who, in year-end commentary on Tesla's financials, says that the "carmaker's financials are reminiscent of a dot-com's." He does not mean that in the good way.
To be fair, Shinal isn't exactly betting against Tesla, he's saying that if you check the bottom lines, the only thing keeping Tesla alive is the hundreds of millions in Federal Department of Energy loans it has received. Based on its filings, he says the company has less than six months of cash on hand, hasn't produced as many cars as it promised and had to lower its revenue forecast for 2012, has had a "year of net losses and negative operating cash flow," and was underwater by at least $37 million at the end of the third quarter.
But Shinal's not done there, summarizing Tesla as an operation with "a poor habit of failing to deliver to customers the cars it has promised them, while simultaneously raising the prices of those yet-undelivered cars," and "a lousy level of customer service." He says there are more damning things to be found in Tesla's SEC registration settlement from September, but we'll have to wait for his next column to find out what those are. The takeaway, in Shinal's opinion, is that even though Tesla will keep getting money from the government, that investors have no business dealing in Tesla stock.

Recharge Wrap-up: Georgia gets E15, new PSA EVs will be cheaper and offer more range

What would it be like to test drive a gasoline-powered car in an EV-dominated world? A post by Tibor Blomhall at Tesla Club Sweden gives a glimpse into this alternate universe. The review begins by noticing the pushiness of the dealer at the "repair shop" that sells the car, which is cause for suspicion - a clear nod to Tesla's lack of such franchise dealerships. Of course, the author mentions the noise, vibration and the smell of the exhaust. He notes the inefficiency of the idling vehicle and its less-than-smooth operation, particularly when it comes to changing gears. The one plus: refueling is quick. The downsides, though, are that the fuel is toxic, dangerous and expensive, and you can't refuel at home. "Imagine if you could charge your electric car only at the power companies' most expensive fast chargers - and nowhere else!" Read more at Tesla Club Sweden. Georgia's first E15 station opens Friday, May 8. The Gulf Quick Stop Food Store at 855 S Cobb Drive SE in Marietta, Georgia will offer the 88-octane E15 ethanol blend. Two other Gulf locations in Madison and Greensboro will also offer E15 in Georgia. Customers at the Marietta location can enjoy "Happy Hour" pricing from 4 to 5 pm on May 8, and festivities include music, a concert ticket giveaway, face painting and a moon walk. State officials will be present for the celebration. Read more at Domestic Fuel. PSA/Peugeot-Citroen says its second-generation EVs will be less expensive and offer more range (surprise). The company is also planning to launch a plug-in hybrid in 2019 using the company's EMP2 platform, shared by the Peugeot 308 and Citroen C4 Picasso. "PSA will make pure electric cars from the bottom of the market upwards based on the new platform by the end of the decade," says a PSA spokesman. As for the plug-in hybrid, PSA CEO Carlos Tavares says, "We have completed the architectural aspects and are currently deciding on the battery technology." Read more from Automotive News Europe. Related Gallery 2014 Peugeot 308: Frankfurt 2013 View 23 Photos News Source: Domestic Fuel, Automotive News Europe, Tesla Club SwedenImage Credit: Citroen Green Tesla Citroen Peugeot Alternative Fuels Ethanol Electric recharge wrapup