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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.

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 Chevrolet is to be withdrawn from Europe, and over the past few years, GM has sold its minority stake in Isuzu, Subaru, Suzuki and PSA Peugeot-Citroën as well.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.

Tesla breaks 28-year-old monthly sales record in Norway

Someone may want to try to translate "Gigafactory this!" into Norwegian. Tesla Motors just set the all-time monthly sales record for a single model in Norway, The Wall Street Journal says, citing Norwegian transportation officials. And that's for any type of model, gas-powered or not. The California-based electric-vehicle maker, which is planning a massive Gigafactory battery plant in the US as it prepares to unveil a lower-priced model, sold 1,493 Model S sedans in Norway last month. The sales total more than doubled the No. 2 selling Volkswagen Golf (624 units) and beat a 28-year-old monthly sales record set by the Ford Sierra (1,454 vehicles). And March marked the second straight month an electric vehicle took Norway's best-selling crown, which was won by Nissan for its Leaf in February. That's heady stuff, and it gets headier when you factor in Norway's population of only about 5.1 million people. That means that on a per-capita basis, that'd be like Tesla selling about 94,000 Model S vehicles in a month in the US. By comparison, Ford sold "only" about 71,000 of its best-selling F-Series trucks last month. With cheap and abundant hydroelectric power, Norway heaps lots of incentives for its EV buyers, including perks such as free parking, an extensive recharging network, use of bus lanes and free ferries and road tolls. With EV subsidies tallied at about $8,000 per vehicle, the country reportedly may reach its limit of providing incentives for 50,000 EVs by mid-2015, or about two-and-a-half years ahead of schedule. And for that, Norwegians, blame Tesla.