Saleen Automotive recently filed its quarterly earnings report with the SEC. It makes for a terrible read. As of Sept. 30th, the company only had $7,261 left in the bank. It also owes the bank, its lawyers and its contractors quite a lot of money.

The White Label will be Saleen’s entry-level model that keeps the engine pretty much stock at 450 horsepower and 410 lb-ft of torque. However, both the Yellow Label and the Black Label come with … wait for it: 640 horsepower.

There’s much to like about “Barricade”, the 2005 Saleen that gets all Decepticonned and copped-out in the first “Transformers” movie … you know, the one that has a plot that’s actually somewhat discernible.

Last week I showed you the teaser image of Saleen’s Concept the FourSixteen, a tuned version of Tesla’s Model S. I can now show you what the whole car looks like in the flesh and talk a little about the performance stats.

Ever since the launch of the Tesla Model S, no one has ever thought, “Hey, let’s take this $100,000 work of art and technology and throw some good old-fashioned tuning at it to make a hot rod!” No one, that is, until Steve Saleen took a gander.

Being that this is The Mustang Source, we thought we’d highlight some of our favorite and weird Mustang auctions going on for the upcoming Mecum event in Monterey.

Tony Brakohiapa, former Formula Drift driver, will be tackling the Pikes Peak International Hill Climb this year. To prepare for that challenge, Tony went testing at Sonoma Raceway, which is not only his home track, but also his normal workplace. However, things didn’t end as planned.