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To: bob zagorin who wrote (30105)8/18/2006 3:31:47 PM
From: Lizzie Tudor  Read Replies (4) | Respond to of 57684
 
Behind the wheel of the Tesla
STEP ON WHAT USED TO BE CALLED THE GAS PEDAL -- GO ZERO TO 60 IN 4 SECONDS

The Tesla venture has strong financial support from Silicon Valley. The company has raised $60 million and identifies backers such as Google founders Sergey Brin and Larry Page, former eBay executive Jeff Skoll and Jim Marver of VantagePoint Venture Partners. PayPal co-founder Elon Musk is Tesla's chairman. The company was founded in 2003 by Eberhard and Marc Tarpenning, Tesla's vice president of engineering.

The Tesla's range is 250 miles fully charged. Tesla hopes to sell 500 to 600 cars next year and perhaps 2,000 to 2,500 a year starting in 2008. The company is also making plans for a cheaper, bigger car, perhaps a sedan the size of the BMW 3-Series, to be built in a few years.
siliconvalley.com



To: bob zagorin who wrote (30105)8/18/2006 9:57:48 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 57684
 
Level 3 signs agreement with MySpace.com
businessweek.com