Tesla To Produce 'a Few Million' Electric Cars a Year By 2025
HughPickens.com writes: Reuters reports that Elon Musk, speaking at an industry conference in Detroit, said Tesla may not be profitable until 2020 but that Tesla plans to boost production of electric cars to "at least a few million a year" by 2025. Musk told attendees at the Automotive News World Congress that "we could make money now if we weren't investing" in new technology and vehicles such as the Model 3 and expanded retail networks.
Musk does not see the Chevrolet Bolt as a potential competitor to the Model 3. "It's not going to affect us if someone builds a few hundred thousand vehicles," said Musk. "I'd be pleased to see other manufacturers make electric cars." On another topic, Musk said he was open to partnerships with retailers to sell Tesla vehicles, but not until after the company no longer has production bottlenecks. "Before considering taking on franchised dealers, we also have to establish (more of) our own stores," said Musk adding that "we will consider" franchising "if we find the right partner." Musk did not elaborate, but said Tesla "is not actively seeking any partnerships" with other manufacturers "because our focus is so heavily on improving our production" in Fremont. Last year, Tesla delivered about 33,000 Model S sedans and said the current wait for delivery is one to four months. Tesla has already presold every Model S that it plans to build in 2015. "If you ordered a car today, you wouldn't get it until 2016."
Musk does not see the Chevrolet Bolt as a potential competitor to the Model 3. "It's not going to affect us if someone builds a few hundred thousand vehicles," said Musk. "I'd be pleased to see other manufacturers make electric cars." On another topic, Musk said he was open to partnerships with retailers to sell Tesla vehicles, but not until after the company no longer has production bottlenecks. "Before considering taking on franchised dealers, we also have to establish (more of) our own stores," said Musk adding that "we will consider" franchising "if we find the right partner." Musk did not elaborate, but said Tesla "is not actively seeking any partnerships" with other manufacturers "because our focus is so heavily on improving our production" in Fremont. Last year, Tesla delivered about 33,000 Model S sedans and said the current wait for delivery is one to four months. Tesla has already presold every Model S that it plans to build in 2015. "If you ordered a car today, you wouldn't get it until 2016."
Get out of the gasoline mindset. I commute to work 5 days a week, 30 miles each way. I park my car in my garage every night. I fill up my tank about once every 8 days. It takes about 5-7 minutes each time.
With an electric car with a 200 mile range, I would still drive my car 60 miles a day, but I would no longer be stopping at a gas station every eight days. I would be plugging in every night. The only time I would ever need a charging station is when I need to drive more than 100 miles away from my house. I do this MAYBE once a month. So, already my demand at a 'fueling' station is 1/4 of what it was.
Add to this the difference in costs build a fueling station. A public level 2 charging station can be installed for as little as $5000. Level 3 would currently cost about $50,000. A charging station can be anywhere, and can be built in days. Charging station supply will be able to increase very easily as demand does. You can even put one in a school parking lot. The electrical infrastructure to deliver 'fuel' to just about any corner of the continent is already in place. Basically, you charge your car wherever you park it. A gas station is a destination.