Following General Motors' recent announcement that it was working on a 200-mile electric vehicle priced on the cheap, Bloomberg's Betty Liu hit the airwaves on "Movers & Shakers."

The focus of the clip wasn't General Motors though.

It wasn't GM CEO Dan Akerson who spoke.

It was Tesla CEO Elon Musk who Betty Liu turned to and Musk didn't disappoint.

For the first time ever, Musk dishes out some actual details on Tesla's upcoming Gen III vehicle.

It'll be cheaper, have both a front and rear trunk and fit and finish on par with the Model S.

Musk reveals more in this brief clip, so check it out to get the inside scoop on what's coming with Gen III.