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Ohio Senate strips anti-Tesla amendment from bill

Tesla's strategy to sell cars, such as the Model S, through manufacturer-owned retail stores has rubbed traditional franchise auto dealerships the wrong way. The battle between Tesla and the Ohio Auto Dealers Association heated up quickly over the past week because a proposed amendment to an Ohio road-maintenance worker safety bill (Senate Bill 137) threatened to ban Tesla stores in Ohio. The automaker asked for help from its supporters to fight the amendment, and on Tuesday all 12 members of the Ohio senate passed the bill without it, Transport Evolved reports.
After the vote, Tesla sent out an e-mail to its supporters thanking them for their help, which you can read below:
Dear Tesla Advocate,

Tesla: Earnings still down, but rate of Model S production way up

According to its Third Quarter 2012 Shareholder Letter, Tesla "is now at over 200 cars per week or 10,000 cars per year, which is at the critical threshold needed for Tesla to generate positive operating cash flow."
That's an important milestone to be sure, but the news is actually even better; Tesla expects to ramp Model S production up to 400 cars per week (20,000 units/year) by December of 2012, and says it will deliver 2,500 to 3,000 units in the fourth quarter of 2012. That's lower than the previous target of 5,000 in 2012, but it's more an issue of delayed achievement rather than missing the mark altogether.
All of that production bodes well for the future, but as of today, the automaker has yet to earn real money. Revenue for the third quarter of 2012 was $50 million, equating to a net loss of about $110 million after expenses were tallied. The stock market likes the numbers, with TSLA shares rising 8.9 percent on Monday after the report was released.

Tesla Model S successfully hacked by Zhejiang University team

The $10,000 prize for successfully hacking a Tesla Model S has been claimed. A team from Zhejiang University in China claimed victory at the Symposium on Security for Asia Network (SyScan360) event in Beijing by exploiting a "flow design flaw," whatever that means, to gain access to vital systems including the door locks, horn and window controls, while the vehicle was moving.
The group that was able to hack a Tesla reported its findings to the electric car automaker, so this security breach will hopefully be fixed in short order. The event was welcomed by Tesla, which said it "[supported] the idea of providing an environment in which responsible security researchers can help identify potential vulnerabilities."
Last year, potential security pitfalls of high-tech electric and hybrid cars came to light when the US Defense Department's Defense Advanced Research Projects Agency (better known as DARPA) successfully hacked into hybrids from Ford and Toyota. Questions about the security of the Tesla Model S have been raised before. If you're wondering why all this might be such a big deal, we suggest you watch this.