When Tesla CEO Elon Musk talks, the world now seems to listen.

Tesla Model S and Neither of These Are Affordable, But Tesla's Future EV Will Be

Tesla Model S and Neither of These Are Affordable, But Tesla's Future EV Will Be

There's no denying that Tesla Motors is on a roll these days, but with all the positives, there's still some out there that say Tesla will either soon fail or be bought out by some other automaker.

Not true, says Elon Musk.

Tesla's goal right now is to get the Model S into hand of European buyers.  After that, the automaker will focus on getting the Model X to market.  But the game-changer, that affordable electric Tesla, is truly Musk's personal goal and the CEO says Tesla is going nowhere until that $40,000 electric with a Tesla badge has arrived.

Quoting Musk:

"With the Model S, you have a compelling car that’s too expensive for most people.  And you have the Leaf, which is cheap, but it’s not great. What the world really needs is a great, affordable electric car. I’m not going to let anything go, no matter what people offer, until I complete that mission."

So, let's put to rest those rumors that Tesla will soon be bought out by Ford or Apple or anyone else for that matter, as it's not happening anytime soon.

No Buyouts Until At Least Affordable EV Arrives

No Buyouts Until At Least Affordable EV Arrives

The affordable Tesla, the one that's claimed to rival a BMW 3-Series in cost and performance, is at least 4 years away from production.  Musk says it'll boast a range of 200 miles and a price tag under $40,000.  If those marks are both met, then it'll certainly be a game changer, no doubt about that.

Though an acquisition of Tesla is "one of the possible outcomes, I suppose," says Musk, it won't happen at least until Tesla wheels out that "compelling, affordable car."  Even then, it's only a possibility and Musk says a buyer would most like "come from outside the auto industry."  It'll be someone with a "very large cash position," says Musk.

We personally don't see a buyout in Tesla's future, but anything is possible.  At least we now know that an affordable EV will come before Tesla even thinks of entertaining some sort of offer.

Source: Detroit News