Tag Archives: Elon Musk

Tesla just killed the gasoline powered car

Tesla Motors killed the gasoline-powered car last week. The Silicon Valley company accomplished this feat without delivering a single automobile. But as sure as Henry Ford killed the horse and buggy by mass producing an affordable Model T a century ago, Tesla’s announcement of its Model 3 means we’re approaching the end of the internal combustion engine.

The proof is in the astonishing public reaction to the announcement of a car that will sell for $35,000, and won’t even enter into production until late 2017. In the first weekend after the announcement, 276,000 buyers put down a $1000 non-refundable deposit for a car they won’t be able to see for two years.

What we’re talking about here is global market disruption, not excess government regulation, and the impact will be tremendous. Vehicle consumption currently accounts for about 70% of our oil usage in this country. The rise of the electric car and the death of the internal combustion engine will change our energy landscape forever.

To read more and take a virtual test drive in the Tesla Model 3, click on the link. Continue reading

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