Beyond accompanying Tesla with loud sounds that don’t match up with the car itself, Sunday’s “60 Minutes” interview with Elon Musk was interesting in that it revealed something about Tesla’s founder that is surprising to most — he thought Tesla would fail.
Afraid the electric car couldn’t beat the false perception that it should be “ugly and slow and boring like a golf cart,” Musk was convinced he would fail. But he had faith in the little car that could: “If something’s important enough you should try. Even if you — the probable outcome is failure,” Musk said.
But Tesla is far from failing. The sexy electric car’s stock has risen 450 percent in the past 12 months.
Not bad since Musk best all of the $180 million he got from the sale of PayPal to eBay on Tesla and SpaceX, a privately held rocket company.
With plans to build a $5 billion battery factory in Arizona, Nevada, New Mexico or Texas, it seems Tesla is on the path toward even greater success. The plant will produce more lithium ion batteries annually than were produced worldwide last year and siren the beginning of a less expensive model that will put Tesla in more driveways than it seems Musk himself ever imagined.
Source: Market Watch