Elon Musk’s prediction 13 years ago came true

Tram Ho

But Musk had a vision for the path the automaker was following — affordable electric cars. And today, his predictions seem strangely accurate.

On October 27, the Tesla Silicon Valley Club tweeted a 67-second video from a 2008 presentation by Musk at The Hollywood Hill. In response, Musk tweeted, “Wow, 13 years ago.”

In the clip, the 1971-born billionaire defended the $ 109,000 price tag of the first-generation Tesla Roadster and argued that this price was necessary for the development of more affordable vehicles in the future.

“Whenever someone buys a Tesla Roadster, every penny that Tesla earns is used to develop cheaper mass vehicles,” the famous billionaire said. He also noted that laptops and mobile phones have gone from expensive accessories to essential and cheaper gadgets over time.

“You can’t buy cheap cars unless you start with expensive cars,” Musk insisted.

Dự đoán 13 năm trước của Elon Musk thành hiện thực - Ảnh 1.

Elon Musk correctly predicted electric car prices 13 years ago. Photo: Getty Images

According to CNBC , Musk’s 2008 analysis was indeed edgy. For example, the Compaq Portable laptop, one of the first to be mass-produced, launched in 1983 for $2,995 – the equivalent of $8,248.58 today if inflation is taken into account. Hewlett-Packard acquired Compaq in 2002, and today, one of HP’s Chromebook models is selling for $199.99.

Elon Musk’s strategy of using Roadster’s initial proceeds – from the “rich” – to invest in R&D (research and development), from which there are more affordable options – seems to have worked. success.

Even after Tesla raised prices last weekend, the automaker’s Model 3 four-door sedan is still priced at $45,190, roughly the same as competitors like the 2021 Nissan Leaf and the 2022 Chevrolet Bolt EUV. Tesla’s Y, a crossover SUV, is currently priced at $58,190 – similar to the price of the 2021 Ford Mustang Mach-E SUV.

The trend of using electric vehicles in the US is on the rise. According to an April 2020 report by the Paris-based intergovernmental International Energy Agency, nearly 1.8 million electric vehicles have been registered in the US, three times more than in 2016.

However, that’s a relatively small number compared to the 286.9 million vehicles registered nationwide at the end of 2020, according to data compiled by DMV and automotive digital marketing firm Hedges and Company. .

According to a Pew Research Center report published in June, nearly 40% of Americans said that in their next car purchase, they would consider buying an electric vehicle. But two-thirds of survey respondents see price increases as a problem and consider electric cars more expensive than conventional cars.

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Source : Genk