Video: Elon Musk Discusses Tesla’s Profitability, Future Outlook and Why Intense EV Competition is the Ultimate Goal
It’s been one heck of a week for Tesla Motors.
First, there was news of the startup automaker reporting profitability, which is arguably the biggest chunk of news to flow out in the electric vehicle arena for all of 2013.
Then there was word of the Tesla Model S being scored 99 out of 100 points by Consumer Reports, a best-ever figure.
And lest we forget that the Model S officially became the US’ top-selling electric vehicle thus far in 2013.
With this Tesla news overflow, you’d think the Tesla-related outpouring of info would be dried up, but that’s not the case.
Tesla CEO Elon Musk, in an interview with CNN Money, spoke of profitability, hinted at what Tesla future holds and then turned his attention to competition.
We’re not so sure we’ve heard Musk speak in this way of competition before, so we’ll point out that the CEO of Tesla welcome intense competition, or so he says. According to Musk, part of the reason Tesla provides powertrains to other automaker (Toyota and Mercedes-Benz, for example) is to strengthen the overall EV segment.
As Musk says, Tesla can’t wait for its segment to be packed full of worthy competitors. That’s sort of the ultimate goal, says Musk. Tesla may be the innovators, but the automaker doesn’t fear being joined by all of the major players at some point in the future. Interesting, to say the least.
via CNN Money