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Analyst predicts GM will buy Tesla in 2014

There's little question that Tesla has come at the automotive industry as an outsider. But will it last as an outsider for much longer? Not if you ask Yra Harris of Praxis Trading. According to USA Today, the veteran financial analyst recently predicted on CNBC that General Motors will try to buy Tesla in 2014.
It certainly wouldn't be the first time that GM acquired another automaker. It did just that when it purchased the rights to the Hummer brand from AM General in 1999 and completed its takeover of Saab the year after. But, of course, The General has since divested from both, shutting down its Pontiac and Saturn brands in the process. Daewoo and Oldsmobile are gone too, as is Geo. Chevrolet is to be withdrawn from Europe, and over the past few years, GM has sold its minority stake in Isuzu, Subaru, Suzuki and PSA Peugeot-Citroën as well.
Of course, none of these are dedicated electric carmakers like Tesla is, and the Volt may not be doing as well as Detroit had initially hoped. But does that mean it's ready to start expanding its brand portfolio again? With all due respect to Mr. Harris, somehow we doubt it - especially with Tesla currently enjoying sky-high market valuation. The company's market capitalization stands at over $18 billion - more than 100-plus times its earnings. That would make mounting a Tesla takeover a hugely risky and costly endeavor unless Wall Street tempers its stock value greatly.

Elon Musk to get spot on The Simpsons

It's hard to believe that The Simpsons is moving into its 26th season, but there's good news for auto enthusiasts, especially of the EV variety. The show's executive producer, Al Jean, confirmed on Twitter that Tesla Motors CEO Elon Musk would have a guest spot on the show in the upcoming season. Even better, it sounds like a pretty significant role.
Elon Musk in ep 1/11 and not a "kiss ass" celebrity guest star turn: Burns tries to kill him, and we reveal Musk's master password.

- Al Jean (@AlJean) July 29, 2014

How to get incredibly accurate information on your EV's charging power

One would think that paying about $300 to receive a bit of bad news about electric-vehicle charging would be counterproductive. But the fine folks at Teslarati believe that truth is beauty, and they're willing to pay a little extra for the straight dope. There are always losses when taking power from the grid and shoving it into an EV's battery pack. The question is how big are these losses. Teslarati calculated digital read-outs from the dashboard of their Tesla Model S all-electric sedan and found that Tesla builds in about a nine percent efficiency loss when it comes to recharging the car. But the blog thought the Tesla couldn't know exactly what was transpiring between the wall and the battery, so it footed the bill for about $300 to install a digital submetering unit from EKM Metering. With a little calculation, Teslarati was able to figure out after a couple of recharging rounds that the efficiency loss per recharge was closer to 15 percent than nine percent. That means that, instead of paying about 48 cents on the dollar relative to filling up an economy car (factoring in the AAA average price of $3.66 per gallon), Tesla owners are paying about 52 cents on the dollar. Not much compared to paying upwards towards $100,000 for the vehicle itself, but, hey, every cent counts, right? Get all of the details here. Featured Gallery Tesla Model S View 10 Photos News Source: Teslarati Green Tesla Electric recharging