At the latest ONS conference, Elon Musk made some stunning predictions about the future and you'll be astonished where Tesla will be in 2030.
Jeremy Johnson from Torque News Tesla team reports.
Elon Musk will also likely announce a new giga factory this year. He also shared where he thinks electric vehicles will be in 2030 - about 50% of new cars will be electric then.
Elon Musk was asked about risk and he immediately made a joke about Twitter. He said that with information, people want to know if the information is accurate and representative of the whole picture and to be able to believe what they read and that it isn't too biased or to at least understand the bias. Social media should open source their algorithms on what information is shown and why. Elon believes in the free flow of ideas. He likes to err on the side of free speech within the boundaries of the law.
Prepare to be astonished. Elon Musk said in the next 10 to 15 years and that by 2030, half of new cars will be electric. That's just his best guess. By 2035, it might be 80 percent. He says it could even be higher than those numbers.
With this minimum threshold, if Elon Musk is right, and Tesla is selling 20 million vehicles by 2030, and Tesla's fleet is around 100 million, then what share of new vehicles in 2030 will Tesla have with 50% sold being electric? This assumes a 90 million yearly total being sold. This means that Tesla may have about half of the vehicle market in 2030. This is astonishing.
There will likely be challenges in the future, and in addition, by 2030 (and before it), consumers who are buying an ICE vehicle over an EV will be dealing with difficult economics. Especially when you get FSD and can have you car be a robotaxi in a few years.
Producing ICE vehicles in 2030 would be a big mistake as more and more infrastructure happens, including charging, and battery and power train technology continues to improve. ICE cars have no rate of improvement technologically.
This is astonishing factor #2. Tesla has said they will address this limiting factor. In Master Plan Part 3, what are the steps for sustainable energy with limiting factors. He plans on finishing this in a couple months. The materials he mentioned are a big part of this. Raw materials aren't the problem - lithium, carbon, and iron are everywhere in the world. It's processing these materials that is the challenge. Tesla is most likely going to get involved in material processing for batteries. Master Plan Part 3 will most likely include Tesla having plans to process the raw materials for batteries at a large scale.
What can be done to accelerate this process? Tesla is trying to do it. He believes the world is already on track to reach 50% electric vehicles by 2030 even without any innovations. Tesla's Master Plan Part 3 will most likely try to increase this percentage even more. It could be 80% by 2030, especially with innovations.
#tesla #elonmusk #teslamasterplanpart3
This is Armen Hareyan from Torque News. Please follow us at https://twitter.com/torquenewsauto on Twitter and https://www.torquenews.com/ for daily automotive news.
Reference
Jeremy Johnson Torque News Tesla https://www.torquenews.com/14335/buy-2030-youll-be-astonished-where-tesla-will-be-master-plan-part-3
Jeremy Johnson from Torque News Tesla team reports.
Elon Musk will also likely announce a new giga factory this year. He also shared where he thinks electric vehicles will be in 2030 - about 50% of new cars will be electric then.
Elon Musk was asked about risk and he immediately made a joke about Twitter. He said that with information, people want to know if the information is accurate and representative of the whole picture and to be able to believe what they read and that it isn't too biased or to at least understand the bias. Social media should open source their algorithms on what information is shown and why. Elon believes in the free flow of ideas. He likes to err on the side of free speech within the boundaries of the law.
Prepare to be astonished. Elon Musk said in the next 10 to 15 years and that by 2030, half of new cars will be electric. That's just his best guess. By 2035, it might be 80 percent. He says it could even be higher than those numbers.
With this minimum threshold, if Elon Musk is right, and Tesla is selling 20 million vehicles by 2030, and Tesla's fleet is around 100 million, then what share of new vehicles in 2030 will Tesla have with 50% sold being electric? This assumes a 90 million yearly total being sold. This means that Tesla may have about half of the vehicle market in 2030. This is astonishing.
There will likely be challenges in the future, and in addition, by 2030 (and before it), consumers who are buying an ICE vehicle over an EV will be dealing with difficult economics. Especially when you get FSD and can have you car be a robotaxi in a few years.
Producing ICE vehicles in 2030 would be a big mistake as more and more infrastructure happens, including charging, and battery and power train technology continues to improve. ICE cars have no rate of improvement technologically.
This is astonishing factor #2. Tesla has said they will address this limiting factor. In Master Plan Part 3, what are the steps for sustainable energy with limiting factors. He plans on finishing this in a couple months. The materials he mentioned are a big part of this. Raw materials aren't the problem - lithium, carbon, and iron are everywhere in the world. It's processing these materials that is the challenge. Tesla is most likely going to get involved in material processing for batteries. Master Plan Part 3 will most likely include Tesla having plans to process the raw materials for batteries at a large scale.
What can be done to accelerate this process? Tesla is trying to do it. He believes the world is already on track to reach 50% electric vehicles by 2030 even without any innovations. Tesla's Master Plan Part 3 will most likely try to increase this percentage even more. It could be 80% by 2030, especially with innovations.
#tesla #elonmusk #teslamasterplanpart3
This is Armen Hareyan from Torque News. Please follow us at https://twitter.com/torquenewsauto on Twitter and https://www.torquenews.com/ for daily automotive news.
Reference
Jeremy Johnson Torque News Tesla https://www.torquenews.com/14335/buy-2030-youll-be-astonished-where-tesla-will-be-master-plan-part-3
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