NewEnergyNews: TESLA BOSS TOUTS PLUG-INS

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    Thursday, January 15, 2015

    TESLA BOSS TOUTS PLUG-INS

    Electric-car rivals like the ‘Tesla killer’ are exactly what Elon Musk wants

    Drew Harwell, January 14, 2015 (Washington Post)

    “…[In Tesla CEO Elon Musk’s] first public appearance in Motor City in two years, the face of America’s electric-car movement doubled down on his promise to revolutionize the auto industry…And about all those high-powered rivals at the door [like record-low gas prices and the “Tesla killer” Chevrolet Bolt, Musk essentially said ‘bring it on’]…Musk has long criticized his compatriots in the auto world for their sluggishness in developing battery-powered cars en masse. That criticism, and many others, have made Musk the man the auto establishment loves to hate, the ultimate outsider in a car-making capital of insiders…Musk pledged that Tesla would sell ‘a few million cars’ by 2025, making it the size of BMW now…[His challenges are that the] Chevy Bolt and new Nissan Leaf, set for 2017, promise 200 miles on a single charge, for cheap: The Bolt is set to cost $38,000 before tax credits…And oil dropped this week to below $45 a barrel, the lowest in more than five years…Musk said gas prices would be low for ‘a long time,’ which could hurt electric cars’ adoption by some price-conscious drivers. But he said there would still be a ‘huge societal pressure,’ amid a host of environmental benefits, pushing drivers away from fossil fuels…” click here for more

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