Friday, April 01, 2016
Is Elon Musk the Henry Ford of Electric Cars?
Tesla has unveiled its new $35,000 (USD) car, the "Model 3." The car is said to have a range of 320 km. on a full charge.
Will the Model 3, a name that triggers memories of the legendary Model T, make Elon Musk the Henry Ford of the electric car age? There are some who believe that Tesla's Model 3 could take off. Some think the company could spool up production to hundreds of thousands of these vehicles within just four or five years. Given that the first Model 3 won't be reaching customers' garages until 2017 that seems like a wartime-scale reach.
What sets Elon Musk head and shoulders above all others is his company's work on developing leading edge battery technology and the fact that he's willing to share many of his most important patents with other automobile producers as I understand it for free.