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If Tesla Model 3 is successful, Sergio Marchionne will copy it

Fiat Chrysler CEO Sergio Marchionne hasn't hidden his disdain for electric vehicles, but he would copy the Tesla Model 3 if it is successful, according to Automotive News Europe. If Elon Musk "can show me that the car will be profitable at that price, I will copy the formula, add the Italian design flair and get it to the market within 12 months," Marchionne told Automotive News Europe during FCA's annual meeting in Amsterdam. In terms of pre-orders, the Model 3 is a success. Musk tweeted on April 7 that the company had over 325,000 reservations for the sedan, which he estimated were worth around $14 billion. The car will start at $35,000 before incentives. Marchionne, however, isn't optimistic Tesla can actually make the electric sedan work financially. "I'm am not surprised by the high number of reservations but you have then to build and deliver them and also be profitable," he told ANE. The FCA boss is a noted skeptic of EVs. In 2012, he said that the company only built the 500e because of California's zero-emissions vehicle mandate and to give engineers experience with the technology. He doubled-down in 2014 when he claimed FCA lost $14,000 on each 500e and said he would rather people didn't buy them. More recently, he infamously said "you'd have to shoot me first," before he'd allow a fully electric Ferrari. Related Video:

Tesla wants to hackproof the Model S

Apparently, Tesla Motors is abiding by the wise words of Chinese military general Sun Tzu to keep its friends close and its enemies closer. The tech-heavy electric vehicle maker attended the recent Def Con conference in Las Vegas, The Wall Street Journal reports, in order to learn about computer-security advances and to attract hackers. Come and get it. But Tesla's there for good reason. The California-based automaker is looking to hire at least 30 hackers from the conference (which is chock full of hacking competitions), according to the Journal. Kristin Paget, Tesla's self-described "hacker princess," notes that with the automotive industry increasingly relying on networked communications for features ranging from on-board entertainment to parallel-parking controls, automakers are very vulnerable to whims of expert hackers. Tesla has a built-in way to play defense since it already regularly sends out wireless software updates for its Model S sedan. In February, Tesla hired Paget away from Apple Computer to improve its virtual shields. Paget previously worked at Microsoft, specifically with its Vista operating system, before joining Apple in 2012. She once gained notoriety for writing a manual on how to build a fake cell tower that was capable of intercepting mobile-phone calls, so she's got a good eye for these things.

Man steals, crashes, catches on fire and breaks in half Tesla Model S

Multiple injuries were reported in a dangerous high-speed crash involving a Tesla Model S this holiday weekend in Los Angeles. The EV was apparently stolen from a local Tesla store and was driven at triple-digit speeds through LA a little before 1 am, a sergeant Campbell from the Los Angeles Police Department's Pacific Division told KTLA 5. "They tried to help but there was too much smoke." – Eyewitness Following a call from employees at the store, police chased the apparent thief through LA until he crashed into two cars and a lamp post. The Model S split in half, with the back end getting wedged into a nearby synagogue while the front half caught on fire. An eyewitness told NBC Los Angeles that, "Everybody who was looking was screaming. They tried to help but there was too much smoke." What, exactly, caused the fire is unknown, but let's just rehash the old chestnut that Tesla EVs are not inherently fire traps and that driving at over 100 miles per hour is a dangerous endeavor in any vehicle. It was originally reported that the thief died, but he, along with people from the cars he hit, were taken to the hospital for treatment and he is reportedly still alive. More to come, most assuredly, and for now you can watch three local TV news video reports below.