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Hack A Tesla, Win $10,000

In the world of computers, competitions that challenge so-called "white hat" hackers are fairly common. Break into this system in X minutes and we'll give you Y dollars. Rarely, though, does this world cross over with the realm of automobiles. At the 2014 SyScan Conference, which runs from July 16 to 17 in Beijing, hackers have the chance to win $10,000, provided they can break into the systems of a Tesla Model S. According to BidnessETC, in order to win, a successful hack will need to remotely access the 17-inch touchscreen display (shown above) that dominates the Model S cabin in order to surf the Internet and access the vehicle's controls. While we're not computer experts, it seems like a tall order. The Model S may maintain a constant data signal via its driver's cellphone, but it seems unlikely that Tesla hasn't installed a comprehensive security system to prevent electronic tampering. Tesla, for what it's worth, has no part in the competition. It will be interesting to see if there are any successful attempts. As Forbes mentions, hackers have been successful in gaining access to more conventional automobiles, although those attempts were under the watchful supervision of DARPA researchers. Of course, we'll find out just how potent the company's security efforts are when the conference kicks off next week.

And now for a different sort of Tesla Model S review...

Our friends at Kelley Blue Book have taken an unflinching look at the Tesla Model S in a new video. The crew originally planned to pack up and whip the electric sedan all the way to Las Vegas from Los Angeles, but got sidelined by a flat tire. The ensuing detour to a Tesla service center resulted in a day of hopping from charge point to charge point and a number of close calls on the range front. Confronted with cold temperatures, a desire to make time and some serious topography, the Model S pulled up short on projected range but never left the guys stranded.
The team eventually makes it to Vegas and discovers the aggravation of trying to charge the car with anything other than the company's supercharger stations. The return trip goes quite a bit better, however, and KBB starts to figure out what makes the Model S so special. We won't ruin the end for you. You can check out the full clip below.

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.