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If you think the growing electric-car market would exist without Tesla, think again - Business Insider

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If you think the growing electric-car market would exist without Tesla, think again

I was around for Hummer's demise after the financial crisis when GM was shedding brands, and I argued against killing it off. But kill it off GM did, and I certainly never anticipated a comeback, much less a reboot powered by electrons rather than dead dinosaurs.

We could easily forget that Tesla is also the first new US auto brand to succeed in about a century . That's true, but EVs are less about tires and doors than they are about the technology that enables them to travel 300-400 miles without being recharged. Until recently, such range was impossible because batteries had to be so large to power vehicles over such distances.

 

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The current estimated cost of transferring the world toward 100% clean energy production, in addition to the cost of researching and producing a clean alternative to reduce break dust would cost the combined net worth of the hundred thousand wealthiest people on earth. Good luck

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