In a recent interview on The Colbert Report, Elon Musk revealed his plans to cut Tesla retail prices by 75 percent in the future. He says the third generation Tesla electric vehicle could cost as little as US$30,000 (approximately AU$33,300). The Pay-Pal pioneer and Tesla Motors co-founder is renowned for inspiring technology, he also said

Continued here:
Video: Elon Musk talks of cutting Tesla list prices by 75 percent on The Colbert Report

Related Posts

• Honda Fit tops Toyota Prius as Japan’s top selling new car
• Top Gear China on the way: report
• Land Rover Freelander 2 Review
• Ford to unveil ‘groundbreaking new vehicle’ at Geneva
• Ford Australia outlook for 2011
• Video: Lamborghini Countach QuattroValvole drive from Sant’Agata to UK
• Toyota unintended acceleration not related to electronics
• Rats attracted to heat of recharging EVs, plug-in vehicles