Thursday, May 05, 2016

Tesla's Wild New Forecast Changes the Trajectory of an Entire Industry - Bloomberg

Relative complexity compared to, e.g., landing a rocket on a barge, still tbd

"Talk about doubling down—even the original 2020 goal was considered a long shot by Wall Street. This new target would pledge the carmaker to a faster production growth rate than Ford Motor Co. managed in the early 1900s. That's when Henry Ford pioneered the production line with the Model T, the first mass-market combustion-driven car.
A century later, Tesla Chief Executive Officer Elon Musk wants the Model 3 to be its electric grandchild. He's now aiming for close to a million sales by 2020.
"My desk is at the end of the production line," Musk said in an earnings conference call on Wednesday. "The whole team is super-focused.""
Tesla's Wild New Forecast Changes the Trajectory of an Entire Industry - Bloomberg
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