Tesla unveils its Model X plug-in SUV with 'falcon wings'

LOS ANGELES (CNNMoney) -- Tesla Motors on Thursday unveiled a new SUV that the automaker plans to put into production by 2014.

The plug-in electric crossover is based on the same engineering as the Model S sedan, a car that's expected to go into full production this summer, but the Model X rides higher and has front-facing third row seats.

The most eye-catching feature, however is the "falcon wing" back door design. The doors open upwards and bend in the middle so they'll be able to function when parked in a tight space.

The doors also allow an adult to easily access the rear seats while standing up, making it easier to strap small children into booster seats, the company said. Tesla claims it is the largest door opening of any passenger vehicle.

The Model X is expected to be priced at around $60,000 to $100,000, about the same as the Model S.


Tesla unveils its Model X plug-in SUV with 'falcon wings' - Feb. 9, 2012

$1.5M Russian SUV Features Diamonds, Whale Penis Leather

Whale penis leather interior. That's all you really need to know about the $1.5 million Dartz Prombron Monaco Red Diamond Edition. Yes, the diamond-encrusted white gold gauges and gold-plated bulletproof windows are impressive, but seriously, whale penis leather interior.

The already bulletproof and wildly over-the-top 8.1 liter GM V8-powered Dartz Kombat T98 is getting a name change to Prombron and along with it will come a complete and brain-maimingly bourgeoisie upgrade with the Monaco Red Diamond Edition. The world's most expensive ultra-luxury SUV will debut at the 2010 Top Marques Monaco show.

Read the full story by Ben Wojdyla

1000s of GM Workers Get Company Cars & Gas

"General Motors continues to slash costs. But even as the company asks for more taxpayer loans, there's one perk GM refuses to give up: a company car and company-paid gas for about 8,000 white-collar employees.

Kleinbaum says it's one thing for a company to offer such a generous perk when it's making tons of money, but GM lost more than $30 billion last year. The company has already received more than $13 billion in taxpayer loans to avoid bankruptcy and is asking for up to $16 billion more.

GM insists its employees appreciate the impact of high fuel prices, but one current GM staffer interviewed for this story said the perk does blind some people. He recalled that when gas spiked last summer, a colleague complained.

It wasn't because of the cost. It was because he had to swipe his credit card twice to fill up the tank of his big SUV.

A former GM economist estimates that last year alone, the automaker spent nearly $12 million on fuel for its staff."

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