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Coffee House => Coffee House Boards => CH / Electric Cars => Topic started by: Pyromania on September 07, 2013, 05:54:38 AM
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"In general, our mission is to catalyze the entire EV market ..." a representative from Tesla Motors Inc (NASDAQ:TSLA) said in an email. Obviously a vehicle that starts at $70,000 isn't going to do the trick. The company is going to need a mass-market vehicle to catalyze the entire electric vehicle industry. Fortunately, that car is three to four years out, according to CEO Elon Musk.
Read more at http://www.fool.com/investing/general/2013/09/04/the-model-s-isnt-worthy-of-a-20-billion-valuation.aspx#HHGpEhZq0sh8eXy6.99
The Secret Tesla Motors Master Plan (just between you and me)
By Elon Musk, Co-Founder & CEO of Tesla Motors
http://www.teslamotors.com/blog/secret-tesla-motors-master-plan-just-between-you-and-me
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This is clearly the way forward. If you go to the SF Bay area any time (my company is based in Palo Alto) you'll see as many Teslas around as you saw Prius's around when they first launched, and they're now the most popular car in America. I think 20 years from now at least 50% of cars sold will be electric, and Tesla will have the biggest market share of that.
Plus, 70k is a lot, until you realize you don't pay for gas or any real maintenance... :) The cost to own one (many people at my company do) is comparable to a mid 30k or low 40k car. Additionally, they haven't yet released their more budgeted model.
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@esc
I agree!