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CC-Transcript

  • 00:00Tesla's 30 billion dollar market value is built on a dream that a startup carmaker might somehow be able to crank out half a million. All electric vehicles a year by 2020 however last week Tesla lowered its sales forecasts for 2015 and 2016 causing many to question how CEO Elon Musk still thinks he can go from 50000 sales this year to 500000. Five years later the problem with placing bets on Tesla's future is that there are very few examples to compare it to when has another startup tried to build an entirely new kind of automobile one that requires a complete reconfiguration of the industrial process . There's really only one example. The original game changer the Ford Model T . Here's Tesla's vehicle production so far and its forecast for this year and next and here is Musk school for 500000 cars by 2020. It seems like a stretch but now look at this lineup that data with the Ford Model T sales beginning in nineteen 0 9 The matchup is striking in 1916 the Model T hit Musk's goal with precision producing five hundred and one thousand four hundred and sixty two cars. Tesla is already making some of the fastest running cars in the world. Now all it has to do is keep up with the Model T .
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Tesla Might Be the Next Model T

  • Digital Originals

August 10th, 2015, 3:17 PM GMT+0000

Check out the striking relationship between the sales trajectories of Elon Musk's Tesla and Henry Ford's early Model T. It's enough to give hope to the dreamers.(Video by:Tom Randall, Justin Beach) (Source: Bloomberg)


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