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PayPal founder Elon Musk is the CEO of Tesla Motors. Recently he unveiled the Model S 4 door all-electric sedan shown above to much fanfare.
The car exists only as a prototype but the company hopes to mass produce it if it can obtain a $350 million dollar government loan to build the assembly plant.
Tesla has already been producing the 2-seat electric Roadster and has plans to eventually build inexpensive electric cars and partner with automakers. GM vice chairman Bob Lutz has even credited the company with inspiring him to develop the Volt.
But one thing that stands out is Tesla has no plans to build an extended range electric car like the Volt.
I had the chance to ask Elon Musk why.
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