60 Minutes Interview - The Race for the Electric Car

Sunday, 5th October, I watched a 60 Minutes interview with Lesley Stahl about Electric Cars built by Tesla Motors. This first all-electric sports car, called the Roadster, is powered only by battery. This car is actually on the market and has a large client base, including actor George Clooney. I don't know who their target marketing scope is, but at a cost of $109,000.00, I don't need to know. In this interview, GM's Volt is mentioned, and there seem to be some competition between new comer Silicon Valley entrepreneurs and the Detroit auto executives. Chairman of Tesla Motors, Elon Musk wanted to prove that innovative and nimble Silicon Valley could build a better green car than lumbering, bureaucratic Detroit. Ooooo!!! Low blow. General Motors vice chairman Bob Lutz made a comment that "Out of Detroit everybody thinks that Detroit is dumb." I am sure my professor would like to have a go at whoever thinks that.
(The above picture is of The Roadster)
Source: http://www.cbsnews.com/stories/2008/10/05/60minutes/main4502448.shtml