Here's an excerpt of the news from Washington Post.
An Electric Car With Juice
Silicon Valley Firm Bets Its Chips on the Speedy Tesla Roadster
By Mike Musgrove
Washington Post Staff Writer
Saturday, July 22, 2006; D01
Detroit is floundering, gas prices are rising -- now Silicon Valley is stepping in with an impractical-but-cool solution: A sexy, pricey and fast electric car that uses the same lithium ion batteries found in your cellphone or laptop.
The Tesla Roadster goes from zero to 60 in four noiseless seconds, has a top speed of 135 mph and can roam for more than 200 miles before needing a recharge.
This is not your father's electric car. The $100,000 vehicle, with its sports car looks, is more Ferrari than Prius -- and more about testosterone than granola.
Silicon Valley start-up Tesla Motors Inc. raised $60 million in financing from San Francisco Bay area tech giants to get this car on the road. Those famous Toyota Prius owners Larry Page and Sergey Brin -- yes, the Google guys -- have invested, as have executives from eBay Inc. and PayPal.
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