Elon Musk is Predicting Big Things for Tesla Motors and Humanity
To call Elon Musk a visionary would be an understatement. The CEO of SpaceX (Space Exploration Technologies Corporation), SolarCity Corporation (NASDAQ:SCTY), and Tesla Motors, Inc. (NASDAQ:TSLA) likes to dream big, creating billion-dollar companies to solve the world’s biggest problems. It’s a formula that has made owners of TSLA stock very rich, with shares surging more than 1,000% since the firm’s initial public offering (IPO) a few years ago.
Because of his position in the technology industry, Musk has a unique vantage point on the future of humanity. After all, he’s the one creating it. Here are seven jaw-dropping predictions from the world’s foremost futurist.
1. Tesla Cars Will Reach 620 Miles on a Single Charge by 2017
Ask any TSLA stock bear their biggest beef against the company and they will bring up the same point again and again: limited range will hold back electric vehicles from more widespread adoption.
The Tesla “Model S” has an advertised range of 265 miles on a single charge. One innovative owner was able to push this barrier to 453 miles by driving at a cringe-inducing 24 miles per hour. But without a longer lasting charge, the market for EV vehicles will remain limited. (Source: “Elon Musk Says Tesla Cars Will Reach 620 Miles On A Single Charge ‘Within A Year Or Two,’ Be Fully Autonomous In “Three Years,” Techcrunch, November 22, 2015.)
This could be changing soon. In an interview with a Danish TV program last September, Musk predicted Tesla would produce an electric vehicle that could “break 1,000 kilometers (620 miles)” on a single charge “within a year or two.” (Source: Ibid.)