The electric car race has been on since 2010, but it's now essentially over, and Tesla has won: CEO Elon Musk's automaker dominates the EV marketMusk knows that for Tesla's grand vision to succeed, that share has to grow exponentially.
This was obvious even in the early days of the auto industry, when scores of carmakers, engine-makers, and coachbuilders were competing to put Americans and Europeans behind the wheel. Yes, there were obvious winners and losers: Henry Ford captured a huge amount of market share early on with his Model T, then General Motors grew itself into a competitor and took the lead. But more than a century on, both are carrying on, more or less fine. That's not how races work.
That was the internal-combustion era, however. Which still makes up roughly 98% of the global market. Meanwhile, on the electrified front — 2% of worldwide sales — there's already a clear winner: Tesla. After Elon Musk sold his stake in PayPal to eBay in 2002, he took his personal payday — hundred of millions — and sunk it into several companies, including Tesla, which at the time was barely making any cars.Electric vehicles weren't unprecedented. They had been around since the dawn of the auto age, and in the 1990s, General Motors took the bold step of launching the EV1, an EV with slightly more than 100 miles of range.
The Cybertruck, Tesla's first electric pickup truck, is seen in this undated handout picture released by the companyWhile all this was going on, the rest of the auto industry was gradually figuring out its own EV agenda. The Nissan Leaf had launched in 2010, before the Model S. It was basically the only long-range EV available for several years.Designer Henrik Fisker was seen as a direct Tesla rival in the early 2010s, with his Karma sedan. But the company went bankrupt in 2013.
SpaceX founder Elon Musk celebrates the launch of NASA astronauts Bob Behnken and Doug Hurley from Florida on May 30, 2020. The two men rode the rocket company's Crew Dragon spaceship on a Demo-2 mission to the International Space Station.
We have only in Europe almost just 200 million passenger cars on the street. I'm asking myself how many additional nuclear plants we need to convert 50 million of them in electrical cars?
Lol. Tesla will never win any race against Toyota, VW, BMW, Hyundai or even PSA... Tesla is a hype
Tsla paid for the article. 100%
its elonmusk crime In fact tesla is greatest fraud in capital markets history after $FNM $FRE $Tsla is next Wirecard fiasco-u know the multi billion dollar criminal co at $166 which collapsed to $2.90 in 1 week yes 1 week ...when $WDI.F said they were missing 1.9B WireCar
Electric cars depend on climatehoaxpropaganda from the lame media and extorted taxmoney from corrupt politicians.
Long TSLA forever
With a 0.5% share of the global auto market. Got it. $TSLA
Won.... but never made a profit? I think that means losing
Until he produces a vehicle that rest of us can afford, everything he does is pointless.
Fuck Elon
Well I guess this TBD 🇺🇸🗽😏👇
Lmfao
Lol no it's not over it's only just begun
Yes, Tesla 'won.' (Except in market share in the world's most competitive market, and a bellweather for the world in general. Or in luxury EVs, where the e-tron outsells Models S&X worldwide.) The 'Weekend Tesla Hack Journalist Jackass Contest' is over, and mattdebord won!
この人ズラなんですよね
Until you can charge your battery in 10 minutes, like a gas stop, it won't get the majority of market share. Plus it's not anywhere near as green as libs try to brag it is.
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