Tesla Dads, Your Kid's Electric Car is ready
Elon Musk was speaking yesterday in New Orleans to executives of the Edison Electric Institute’s annual convention. As usual this billionaire Tony Stark persona gave us a glimpse into the future with his remarks. First of all he stated that in 2017 the long awaited Tesla Model III would be released and with a stated range of over 250 miles. The range game is getting heated.
The Chevy Bolt stated range was 200 and the Nissan Leaf is stated at 200 so leave it to the Tesla CEO to raise the bar. This Leap Frogging may continue and like a master poker player Elon may be sending messages to Carlos Ghosn (Nissan CEO) and Mary Barra (GM CEO) and any other automobile CEOs willing to challenge the EV Giants superiority.
Elon has one main reason he can feel confident to boast. He has a Giga Factory! Does Nissan have a Giga Factory, does GM have a Giga factory? I don’t think so. This factory will more than double the worldwide capacity for Lithium Batteries in one building.
Another reason is that he has the 250 mile Tesla Roadster to build upon. Recent innovations in the battery technology has enabled the Roadster to be retrofitted with todays batteries and make the little 2 seater car into a 400+ mile range EV.
Therefore, if I was a betting man, I would say that Tesla will win the range race in the $35k EV car class but Carlos Ghosn is a very competitive man. These two Giants of this industry will be in a war as Tesla owns the Luxury EV market and Nissan Owns the $35k EV car class with the NISSAN Leaf. With this race on and autonomous car versions of each in prototype stage, we are looking at a serious struggle once this EV giant jumps into the $35k EV space.
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