You’re welcome. More on this below.
I posted not long ago on an item in Bloomberg News about the possibility of an Electric Vehicle Paradigm shift:
Even amid low gasoline prices last year, electric car sales jumped 60 percent worldwide. If that level of growth continues, the crash-triggering benchmark of 2 million barrels of reduced demand could come as early as 2023. That’s a crisis. The timing of new technologies is difficult to predict, but it may not be long before it becomes impossible to ignore.
Now there’s more.
Tesla just took the most ambitious automotive production timeline since the Ford Model T and moved it up two years.
The company now plans to produce 500,000 electric cars every year starting in 2018. That’s 10 times the number of vehicles it produced in 2015, and enough to ensure that all 400,000 customers who put down a $1,000 deposit on the forthcoming Model 3 will qualify for a significant U.S. subsidy.
Talk about doubling down—even the original 2020 goal was considered a long shot by Wall Street. This new target would pledge the carmaker to a faster production growth rate than Ford Motor Co. managed in the early 1900s. That’s when Henry Ford pioneered the production line with the Model T, the first mass market combustion-driven car.
A century later, Tesla Chief Executive Officer Elon Musk wants the Model 3 to be its electric grandchild. He’s now aiming for close to a million sales by 2020.
“My desk is at the end of the production line,” Musk said in an earnings conference call on Wednesday. “The whole team is super-focused.”
Musk’s enthusiasm aside, skeptics say his planned ramp-up is unattainable in the modern era. If Tesla can succeed—and even Musk admits that it’s a tough goal—it would be a tectonic shift for the global electric-vehicle market, just like the Model T was for the combustion engine.
Continue reading “Tesla: Best Bet for Surviving Zombie Apocalypse”


