Tesla Motors has stated that other vehicle manufactures are just complying with minimum regulatory standards and urged them to stop building compliance cars.
Tesla Motors has sent a message to the automobile world. The company has criticized the incompetence of General Motors (GM) and other vehicle makers to have better success in supplying their own battery-powered cars, as stated by Tesla news.
Tesla’s vice president of business development, Diarmuid O’Connell, commented that most other automobile manufacturers are producing electric vehicles to comply with minimum regulations while continuing to produce and sell less-effective gas engine cars in droves. He added that other electric fuelled cars tend to be ‘utilitarian’ with unattractive design and lower costs. “For the most part, others are building compliance cars”, says Mr. O’Connell.
GM and other companies claim that selling hybrids, electric-powered automobiles, and other environment-friendly cars is not an easy task, as lower gasoline charges lure consumers towards less efficient but more profitable pickup trucks and sports utility vehicles, says Tesla news today. Head of the Association of Global Automakers, John Bozzella, has stated that sales of trucks currently make up more 50% of the American market.
The carmaker had previously decided to take steps to ensure that mileage and emission regulations are not ‘loosened’. Other producers are more careful. Market professionals are of the view that these companies should take the message seriously; otherwise, they would fail to survive in the fast-paced world, as the American government is not only promoting electric vehicle manufacturing but the Chinese authorities are also acting in a similar manner.
A number of other companies are also investing in the electric automobile production industry, including Nissan Motor Company, Audi, and Chevrolet Bolt. Press sources highlighted that Tesla believes that oil prices would finally increase, as reported by Tesla Motors news.
The Californian electric automobile pioneer benefits from trading credits, as it has successfully exceeded regulatory targets. It is most likely that if manufacturers continue to invest in environment-friendly vehicle-production sector, then traditional automakers would suffer and their market share would decrease.
Tesla has dominated the field of ‘e-vehicle’ manufacturing, as its powered cars are able to travel more than twice as far as other cars would travel on a single battery charge. It has succeeded in attracting investors and its market capitalization has surpassed $33,000,000,000.
The South African born entrepreneur’s organization is about to launch its Model 3, which would be offered at a price lower than that of Model S. The introduction of automobile might revolutionize the automobile industry. Mr. O’Connell and other executives should now take initiatives to ensure that the message reaches the maximum number of automakers; otherwise, the message would lose significance.
Tesla’s CEO has always spread the word to others about moving to electric cars production in future. His ambitions are obvious through his message to other companies.
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