Photos: Elon Musk chops price of Hillsborough mansion by $5.5 million

On the heels of his announcement last week that auto manufacturer Tesla will be moving its headquarters from Palo Alto to Austin, CEO Elon Musk is slashing the price of his Hillsborough mansion by $5.5 million, reports Mansion Global.

Tesla CEO Elon Musk is selling his Hillsborough mansion. (Redfin) 

Musk, who also founded aerospace company SpaceX, listed the property in June for $37.5 million. Its current price is $31.99 million.

Tesla CEO Elon Musk is selling his Hillsborough mansion. (Redfin) 

The seven-bedroom, 10-bathroom house sits on a whopping 47 acres with panoramic views of San Francisco Bay. Built in 1912, the 16,000-square-foot property features restored windows and doors from the

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