thecarnut.typepad.com > 2007 LOS ANGELES AUTO SHOW #2

TESLA ROADSTER EV REAR DECK

TESLA ROADSTER EV REAR DECK

Los Angeles Convention Center

Elon Musk, the billionaire founder of PayPal, is one of Tesla's founders and reportedly has invested $27 million of his own money into the car company. He hopes to bring Tesla prices down to $49,000 within a few years (assuming Tesla cars actually go into production at some future point), about 1/2 of what the price is now. Many of the company's other officers have strong Silicon Valley backgrounds and the connections which come with that, and apparently have the money to keep Tesla afloat for some time.

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