Tesla Wants to Build an Electric Supercar

Elon Musk is not one to shy away from bold statements, recently going on the record to call the Fisker Karma overpriced and mediocre. The savvy entrepreneur and CEO of Tesla says he now hopes to build an electric supercar. In a recent Web chat, Musk disclosed that the...

Gumpert Applies for Provisional Insolvency

German supercar maker Gumpert has filed for provisional insolvency, stating that its expected sales volume in China couldn’t be realized. The decade-old company has struggled trying to emerge in China’s affluent market, and will now hope to get investors so that it...