Climate Changed
Tesla Projected to Win U.S. Electric-Car Race
- BNEF projects Musk-led carmaker will be the sales ‘stand-out’
- Shares drubbing continues after underwhelming delivery results
Analysts Warn of a Tesla Sales Plateau
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More than a dozen automakers are jostling to lead the U.S. electric-car race, but Bloomberg New Energy Finance sees a clear winner separating from the pack: Tesla Inc.
The automaker led by Chief Executive Officer Elon Musk will emerge as “the stand-out” in total cumulative deliveries through 2021, reaching almost 709,000 vehicles, according to BNEF’s Long-Term Electric Vehicle Outlook released Thursday. Tesla is projected to pull away from current leader General Motors Co., which may slip behind Volkswagen AG’s aggregate sales of plug-in hybrid and fully electric autos in four years’ time.