Elon Musk, CEO of Tesla, Meets with Colbert;

The CEO of Tesla Motors met with Steven Colbert to discuss some of the latest Tesla projects and other projects that Musk is involved in. Tesla is an electric vehicle production company that is a major up and coming automaker. Peoria Volkswagen will sell the Jetta Hybrid model that Volkswagen will release in 2011, however Tesla has a head start on much of the competition with its Roadster electric model. The Ford Escape Hybrid is also one of the top hybrid models and can be found at many Ford dealers.

Reading Dodge Dealers also sell fuel efficient Dodge models like the Dodge Ram Hybrid, but none so far compare to the Tesla Roadster in terms of its electric engine efficiency. A major purpose of Tesla is to offer affordable electric vehicles to the public at some point. Elon Musk noted that Tesla only offers a pricey electric vehicle that is in limited production at the moment: the Tesla Roadster. The Roadster can be purchased for $109,000 at select dealerships throughout the country.

However, Elon Musk said that the Model S sedan would be available soon for about half the price of the Roadster. He then went on to say that the ultimate goal is to reduce the price of Tesla's electric models by even more to $30,000. The lower the price of the model, the more accessible it is for American consumers, and price is always a very important factor to consider for a vehicle. The Model S sedan will be available on a wide scale beginning in 2010.

Elon Musk is a very interesting CEO who is reported to be extravagant with some of his spending. He is also involved in a space travel project that may be involved in future space transportation. Musk is the former founder of Paypal which he sold several years ago to eBay for a large sum of money. Elon Musk is supposedly the inspiration for the Tony Stark character in the latest Iron Man films. Musk has invested much of his fortune into his ventures like Tesla Motors, but the investment has already paid off with a successful IPO and what looks to be large success on the horizon with the Model S sedan.