produce electric cars
Research: electric cars can save billions on healthcare
According to the Australian study "Clean and safe roads for New South Wales" and its report, health care costs could be reduced by billions of dollars if drivers in the…

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Geneva motor show: the electric car revolution could begin before Europe is ready
The Geneva motor show 2019 is a car show where they say the electric car revolution is about to begin. Sales of electric vehicles are growing rapidly, but in comparison…

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World automakers see China as their launching pad for electric vehicles
This week, some of the world's largest automobile companies presented their flagship electric vehicles at the Shanghai motor show. Many of these electric cars will only be available in China,…

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sales

Retail is dead: why Tesla will get more profit by closing stores

Elon Musk recently announced that Tesla will close 10-30% of retail stores with low efficiency and completely change its sales strategy. Some shareholders of the company have already expressed their skepticism about this, while others, on the contrary, are optimistic about the initiative of the management.

Musk believes that closing retail stores is the best solution to maintain the company’s profitability while reducing the price of Model 3 to the base $35,000. In General, the optimistic forecasts of analysts indicate 4 main reasons why the closing of showrooms is a profitable step for the company. Continue reading →

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Elon Musk: Tesla is successful because we were not taken seriously

In celebration of its 70th anniversary, MotorTrend magazine interviewed Elon Musk, a man who has changed the modern automotive world in many ways. In this interview, the CEO of Tesla answered several interesting questions, in particular why no one has been able to approach the level of Tesla.

Speaking about the success and importance of his company for the modern automotive industry, Elon Musk noted that this is ensured by the fact that at the time (recall that this year Tesla was 16 years old), representatives of the world industry simply did not believe that the company that decided to start producing electric cars will be able to achieve at least some success. According to the Mask, competition actually was not, so how to compete no one was going. Continue reading →

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By 2040, electric vehicles will dominate sales, reducing oil demand by 13 million barrels per day
Passenger car sales from ice have already reached a peak, and this development will have wide implications not only for the automotive sector, but also for oil and gas, metals…

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Tesla history in 5 minutes: learn all about the company Elon Musk
The network has a 5-minute video in animated form from Visual Capitalist and Global Energy Metals about the history of Tesla since the company's inception to the present day. The…

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Experts have predicted 3 major evolutionary changes in the automotive industry by 2030
Cars will change in the next decade more than in the last century. And that's probably a good thing, because cars account for a significant share of global carbon dioxide…

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