Elon Musk has some predictions about the electric car market8+ Archives and — surprise — they're quite optimistic.
On Monday, the Tesla CEO took to Twitter to say he thinks that, in seven years, 30 million new electric vehicles will be produced per year. In fact, it may even happen faster: "Six years maybe. Five years is possible, but unlikely," Musk tweeted.
A couple of readers misunderstood the comment thinking that Tesla alone will be producing this many cars, but Musk was quick to correct them.
"That’s total market, not all Tesla. We do see Tesla reaching 20M vehicles/year probably before 2030, but that requires consistently excellent execution," he tweeted.
This Tweet is currently unavailable. It might be loading or has been removed.
Note that the time frames are different; 30 million new electric cars per year by 2027, but 20 million new electric Teslas per year "before 2030." This makes it hard to do direct comparisons, but Musk obviously foresees Tesla growing much faster than the entire global electric car industry put together. For reference, 2.1 million electric cars were sold globally in 2019, with Tesla alone selling 367,500 vehicles that year.
SEE ALSO: Radio Flyer is making tiny Teslas for kids nowRegardless of what others do, Tesla has a long way to go before reaching the 20-million-per-year figure. In the second quarter of 2020, the company produced a little more than 82,000 vehicles, or 328,000 on a yearly basis. The next quarter might be the best the company's ever had in terms of production; Musk himself hinted at that in an email to Tesla employees last week.
Most Tesla cars are still quite pricey. To be able to produce (and sell) 20 million cars per year, Tesla will have to start selling cheaper cars, and the company is already working on it. At its Battery Day event last week, Musk said it plans to launch a $25,000 electric vehicle in the next three years (currently, the cheapest car Tesla sells is the $38,000 Model 3).
Topics Electric Vehicles Tesla Elon Musk
Previous：Zucktown, USA
Next：Chess in Kiev
Conflict Irresolution
How you can help the victims of California's wildfires
PayPal bans Proud Boys, Gavin McInnes, and antifa groups
Mark Hamill and Ariana Grande share a glorious Twitter exchange over 'Thank u, next'
Of Many Minds
Justin Timberlake and Jessica Biel totally adopted Hillary Clinton
Closing ceremony delayed because everyone wanted a Simone Biles' selfie
'Pokémon Let's Go' is the Pokémon game I wish I had as a kid
The Saran-Wrapped Soul
How you can help the victims of California's wildfires
The Worming of Acorn
Google Chrome will warn you before you fall for a phone subscription scam
California erupted in flames overnight. Here's why.
Two possible 'Game of Thrones' prequels are about the Targaryens
NYT Strands hints, answers for May 24
'Regular guy' Mike Pence has a very awkward encounter at a barbershop
David Attenborough is coming to Netflix for another epic nature show
Eagles fans brought an actual coffin to their game against the Cowboys
The Long Battle for Medicaid
How you can help the victims of California's wildfires
Best iPad deal: Save $100 on the iPad Air 2024Where FCC chair nominee Brendan Carr stands on net neutrality, other key issuesSpotify Wrapped 2024: Everything you need to know'Dune: Prophecy': What does TiranBest Apple Pencil Pro deal: Save $30 at TargetJBL Bluetooth speaker deals: Up to 40% off at Amazon, Walmart, and Best BuyWhat's a 'LOLCow'? TikTok's guilty pleasure flirts with bullying.NYT Connections hints and answers for November 19: Tips to solve 'Connections' #527.Best Black Friday phone deal: Save $200 on Motorola razr+NYT Strands hints, answers for November 18Arkadium mini crossword answers for November 18Best free board game deal: Target Circle members can buy two board games and get one freeNew Apple AirTags are coming next year. How will they be different?JBL Bluetooth speaker deals: Up to 40% off at Amazon, Walmart, and Best Buy'Conclave' is getting the meme treatmentBest Black Friday speaker deal: Save $30 on the JBL Clip 5Wordle today: The answer and hints for November 19Edmonton Oilers vs. Montreal Canadiens 2024 livestream: Watch NHL for freeBest free board game deal: Target Circle members can buy two board games and get one freeBest book deal: Target Circle members can get 50% off books France vs. Poland 2024 livestream: Watch Euro 2024 for free Prime members: Get $20 in credit when you upload to the Amazon Photos app Water worlds in the galaxy could be 100 times more common than once thought Distant NASA spacecraft captures breathtaking views of volcano world Io SpaceX launches 22 more Starlink satellites: Watch Huawei launches embodied intelligence innovation center in Shenzhen · TechNode Yes, the viral sun bear is real. It's not a costume. Founder of Alibaba grocery chain Freshippo launches new pet retail venture · TechNode Uber set to invest in self Wordle today: The answer and hints for June 23 NIO reports mixed third quarter as new SUV faces slow ramp up · TechNode China’s Zeekr and Lynk & Co chase 1 million annual sales target after merger · TechNode Cybertruck recall: Tesla's dreaded, massive wiper is a big problem Albania vs. Spain 2024 livestream: Watch Euro 2024 for free Fans are harassing 'House of the Dragon' actor Fabien Frankel online 'House of the Dragon' Season 2 perfectly illustrates how men's egos start wars NASA's Webb telescope video is a mind Webb telescope peers at most distant star yet and finds surprise Afghanistan vs. Bangladesh 2024 livestream: Watch T20 World Cup for free How to create a local Microsoft account for Windows 11
2.3466s , 8198.90625 kb
Copyright © 2025 Powered by 【18+ Archives】,Wisdom Convergence Information Network