In the not-so-distant past, Tesla was synonymous with the future of electric vehicles (EVs). Elon Musk (who some say is the Tony Stark of our age) painted a vision of the future that many bought into. Right now shareholders are calling for Musk to be fired, there are reports of more than $150M wasted on scrap metal, and there are concerns about the company’s overall finances. Tesla’s situation is troubling, but Mr. Musk will probably talk his way out of the current issues. Then what? Are Elon Musk and Tesla ready for the future?
Elon Musk recently announced the Tesla Model 3, a sub-$40k, 5-seat plug-in electric vehicle (PEV) with a ~200-mile range that is well positioned to change the world. It should be available sometime in late 2017. As of this writing, the company has received over 325,000 deposits ($1,000 each). That said, sometime in late 2016 (a year earlier than Tesla is scheduled to launch the Model 3), GM is going to launch the Chevy Bolt, a sub-$40k, 5-seat PEV with a ~200-mile range that is also well positioned to change the world. As of this writing, GM has received approximately zero deposits to reserve the Bolt, and there's a reason.
Should you put a $1,000 deposit down on a Tesla Model 3 or wait for the Chevy Bolt? Shelly Palmer talks about it on Fox 5 with Ben Simmoneau and Juliet Huddy. Original Airdate: April 5, 2016
CNN's Nina dos Santos speaks with tech guru Shelly Palmer about Tesla's warning it will deliver fewer cars this year and Facebook's challenge to Periscope. Airdate: August 6, 2015
Is Tesla's Power Wall really going to power your house?