Moreover, with rapid decline rates, the shale revolution is expected to fade away in the 2020’s,
if those investments are not made today we will not see that badly needed production growth around the 2020s,
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Tesla wants to be producing 500,000 cars a year by 2020. The rest of the world’s auto makers will likely kick in another 500,000 cars annually. That number will go up from there.
The auto industry is moving toward much more serious investments in alternative fuels.
Then there’s this that’s started making the papers in the last month or so.
Meet the guy who’s reportedly running the secret Apple car project
http://www.businessinsider.com/steve-zadesky-apple-car-profile-2015-2
Tesla sales forecast cut by 40%
http://money.cnn.com/2014/12/17/investing/tesla-oil-prices/
Adam Jonas, auto analyst with Morgan Stanley — and long a bull on Tesla — published a note Wednesday forecasting that Tesla will only be able to sell just under 300,000 cars by 2020. That’s far short of the 500,000 cars that Tesla is predicting it will sell by that date.
The biggest drag on Tesla sales will be the lower-priced, mass market Model 3 expected in showrooms in about three years.
Jonas’ doubts that Tesla will be able to price the Model 3 in the $35,000 range as many have been expecting. He’s now thinking the price could be closer to $60,000.
“While nobody buying a Model S today (for nearly $105,000) is doing so to save on their monthly expenses, the longer-term story is far more dependent on the volume success of the Model 3,” he wrote in the note. “Oil price is a factor for Model 3.”
Tesla’s Loss Widens as Deliveries Fall Short
http://www.wsj.com/articles/teslas-loss-widens-as-spending-increases-1423695065
Elon Musk said all is well with Tesla Motors Inc. and predicted brighter days in 2015, even as the company reported that its fourth-quarter loss widened to $108 million, missing analysts’ forecasts, as deliveries of its $71,000-and-up luxury electric cars fell short of an already lowered forecast because of weather and customers unable to accept deliveries.
The car maker, based in Palo Alto, Calif., posted a loss of 13 cents a share, below analysts’ consensus expectations for a 31-cent-a-share profit, both adjusted to exclude stock-based compensation and other costs.