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Ludacris' Restored Acura Legend Presented at SEMA | Autoblog Minute

As Acura prepared for the 2015 SEMA show, the trade show for automotive aftermarket professionals and enthusiasts, they had a chance to take on a unique project: Restoring a damaged ?93 Acura Legend owned by Ludacris. Autoblog's Eddie Sabatini reports on this edition of Autoblog Minute, with an original interview with Ludacris. Acura Tesla Autonomous Vehicles Autoblog Minute Videos Original Video Acura Legend ludicrous mode legend

Wall Street still irrationally exuberant over Tesla shares

In a world where electric cars are far from the norm, it seems odd to us laypeople that you can't buy a share of Tesla stock (ticker symbol TSLA) for less than $230. But a research note issued Monday from Goldman Sach's respected team of auto industry analysts (seen in PDF form in our gallery) has added fuel to the irrational exuberance fire, guaranteeing that Tesla's stocks should hover at these seemingly unreasonable prices for some time.
Goldman Sachs analyst Patrick Archambault compared Tesla CEO Elon Musk to Apple's Steve Jobs, saying the Model S is a lot like the iPhone. The major difference is that it will take a lot longer for Tesla's electric cars to make a sizable dent in the auto industry, Archambault said, than it took for the iPhone to take over the smart phone world. If Tesla rolls out a non-luxury car in the next few years as is rumored, Archambault predicts the company could be selling 500,000 electric cars a year by 2022 or 2023. Based on those projections, the Goldman Sachs analysts says a fair price for Tesla's stock right now is about $200 a share.
Which, in the upside-down world of Wall Street, means the current share price of around $238 is nearly $40 overvalued. But that hasn't stopped traders from pushing up the price of Tesla's stock today between $3 and $4 a share. Over at Oilprice.com (subscription), contributor Martin Tiller on Friday was already sounding the alarm bells, saying Tesla share's are overpriced, despite the promising technology.

In China, Tesla Model S is missing one basic feature

There were questions about the nav system in the Tesla Model S when the vehicle launched in the US, and there are still people who don't like it. But here's the thing: the US version at least has a nav system. With the luxury electric vehicle now available in China, drivers are discovering that the car is shipping without a working navigation system at all.
As China EV blogger Alysha Webb reports, Tesla's explanation for the lack of a nav system is that "Google maps are not supported." At least the company is working on an alternative map database for the land where Google doesn't work right. We've confirmed with Tesla PR in the US that Webb's report contains an official Tesla response, which includes the following:
Currently there isn't a navigation system in Chinese Model S as Google maps are not supported in the country. However, teams are currently working on a solution with Chinese text and voice recognition. We plan to introduce navigation to Chinese cars later this year (as already communicated to our customers). Once it's available, maps will be pushed to customers' vehicles through software updates.