Captain Hybrid - Tesla's CEO: 'Half of Cars Will Be Electric in 15 Years'

#EV news: @TeslaEV's CEO: 'Half of #Cars Will Be #Electric in 15 Years'

In the midst of the Tesla Model S rollout at the company's California manufacturing plant recently, Tesla CEO Elon Musk made a startling prediction: "In 20 years more than half of new cars manufactured will be fully electric," he said, according to a Reuters article . "I actually feel quite safe in that bet. That's a bet I will put money on." That's a strong statement, but Musk apparently didn't think it was strong enough, so he quickly amended it. "It's probably going to be in the 12- to 15-year time frame," he added. For those who closely follow the electric car business, that's a stunning prognostication, to put it kindly. Today, fully electric cars are few and their sales are poor. By 2020, Lux Research Inc. projects that "less than a percent" of new vehicles will be fully electric. Pike Research is slightly more charitable, saying they believe it could hit 1 percent. ...

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