Silicon Valley Entrepreneurs Race for Electric Car Market

by Terence Chea USA Today, 25 Jun 2006 Like many Silicon Valley engineers, Martin Eberhard loves cars, especially fast ones. But the self-described "closet gearhead" didn't feel comfortable buying a hot rod that guzzled gas from the Middle East or some other troubled region. So three years ago, Eberhard and friend Marc Tarpenning launched Tesla Motors. Their goal: to design a sports car that would go as fast as a Ferrari or Porsche, but run on electricity. Read more