How Elon Musk & Tesla Made Electric Cars Cool

How Elon Musk & Tesla Made Electric Cars Cool

Hi, and welcome to The Bottom Line!
In this video, we’re going to take a closer
look at the fits and starts electric vehicles
have experienced over the past few decades,
why some automakers are choosing to make hybrids
vs. electric cars, and why
all-electric vehicles are likely the future.
The very first electric cars debuted in the
early 1800s and began growing in popularity
by the end of the century.
But Henry Ford’s mass-produced Model T debuted
in 1908, and that, along with the invention
of the electric starter for automobiles, quickly helped
put an end to the early growth of electric vehicles.
But in the early 1990s, the electric
car began experiencing a resurgence.
A 1990 California laws said that by 1998,
2% of vehicles that large manufacturers produced
for sale in California had to be zero emissions
vehicles, and that percentage would increase
to 10% by 2003.
The problem was that the electric cars that
automakers created in the wake of this new
law were expensive to produce, and even the
most popular ones like GM’s EV1, only had
a range of about 100 miles, which was far
below the average range of gas-powered vehicles.
To make matters worse for electric cars,
gas prices were very low in the mid-1990s.
The average price for a gallon of regular
unleaded gas in California at the end of 1996
was less than $1.20 per gallon.
Those low gas prices, combined with a strong
U.S. economy, meant that American drivers
were looking to buy larger vehicles
without much concern for gas mileage.
Additionally, many of the strict requirements
first introduced by California were challenged
in court and eventually watered down.
But the electric car came back with a vengeance
in 2006 when Tesla did something that all
other automakers had failed to do —
it made the electric car cool.
The company’s first vehicle, the all-electric
Roadster, had a range of 245 miles, which
matched the lower-end
range for gas powered engines.
Oh, and it also went 0 to
60 in just 3.7 seconds.
In 2018, 10 years after launching its original
Roadster, Tesla produced 350,000 vehicles
— far more than the 2,400 Roadsters
it sold between 2008 and 2012.
While Tesla has had its share of problems,
there’s no denying that the company has helped
electric vehicles
become more mainstream.
Now, nearly every automaker is
seeing the value of selling electric vehicles.
But it’s not just consumer
demand that’s driving this shift.
Both China and Europe are putting pressure
on automakers to reduce vehicle emissions.
China, which is the world’s largest auto market,
penalizes automakers if they don’t sell a
minimum amount of
zero emissions vehicles.
This is causing some automakers to move away
not just from internal combustion engines,
but also from hybrid vehicles as well.
GM and Volkswagen recently said that they’re
abandoning development of hybrid vehicles
and focusing their attention
on all-electric vehicles.
GM says that it’ll bring 20 electric
vehicles to market by 2023.
Volkswagen is bringing a new plug-in electric
SUV to the U.S. in 2020, and launching an
electric minibus by 2022.
Of course, not all automakers are betting
on electric vehicles in the same way.
Ford is working on both electric and hybrid
versions of its popular F-150 pickup truck.
Toyota is working to put its hybrid
technology into more of its vehicles.
While automakers disagree whether hybrids
or electrics are the better long-term solution
for creating low emissions vehicles, it’s
clear that both have become serious alternatives
to the internal combustion engine.
Some experts predict that electric vehicles
will make up 7% of the U.S. automotive market
in 2030, with hybrids taking 23%.
The bottom line is, with Volkswagen, GM,
and others focusing more of their resources towards
electric vehicles, and Tesla’s vehicles already
leading the way, it’s likely that electric
vehicles are finally here to stay.
Thanks for watching this video!
Do you think that electric vehicles are
the future of automotive transportation?
Let us know in the comments.
If you liked this video, give us a thumbs
up and click the subscribe button.
It helps us reach more people,
which helps us make more awesome content.

81 Replies to “How Elon Musk & Tesla Made Electric Cars Cool”

  1. Thanks for this content! Yes, the future is all electric or even some sort of fuel cell. I think all electric is most practical now. Also we are sick of all the maintenance w ICE vehicles! And going to gas stations is inconvenient as well…not to mention hopefully less smog in our cities. Tesla and other auto manufacturers are coming out w excellent range and options including the ability to smoke a Ferrari!

  2. I remember something one of my teachers said when i was going for my certificates to be a mecanic. Electric vehicles have a longer tail pipe. In other words the electricity that gets produced is generated by fossil fuels. Untill we can make solar power and other renewable sources more efficient that wont change.

  3. the Motley Fool – the Big problem with Legacy ICEV makers is they are NOT Building Battery factory and Manufacture their own Drivetrain , currently Legacy auto are ONLY supplying the Body and many are Adapted from Existing ICEV.
    ONLY Tesla builds their Body from scratch and builds its own Battery packs and Drivetrain.
    because of this the Legacy BEV are more expensive and are made CHEAPER quality.
    also the Performance of the car is reduced because a ICEV body has the wrong Weight Distribution and Drag Coefifcent.
    this is Why most ICEV makers are Doubling Down on PZEV & Hybrid cars , because they can make 1/3 more Vehcles compared if they made a FULL BEV.

  4. People don't realise, if every car was electric it will overload the electrical grid. A house uses about 90kw every few days and a 90kw car will be charged at least once a week. It will be the equivalent of doubling the housing in a city without any extra power stations.

  5. As an owner of a Model3, I predict the transition will happen faster than most of the experts predict.
    Who predicted cathode ray tube TVs would be replaced by flat panel TVs in just a few years? Records by CDs? film cameras by digital cameras? Flip phones by smart phones. The price of batteries will come down within a few years, and if more people experience Tesla first hand, they will be willing to pay more to get one. Just as people pay 1k USD for a phone, which was unthinkable just a few years ago.
    Model 3 is not only appealing to people already in the luxury car market, they are creating a whole new category. People are trading in economy cars such as Prius and Honda Accord to get a Model 3.

  6. Tesla, Tesla, Tesla. Brand loyalty for years to come for doing what no other company would do at the turn of the century.

  7. I think EVs are definitely the future. I want one, but it's not quite at the tipping point for me yet. There either needs to be more superchargers running north and south through Idaho or Tesla needs to make a 300 mile range vehicle for $35k. I've test drove EVs from other manufacturers and they are a joke compared to Tesla. Manufacturers need to take it seriously because right now they are charging more than Tesla for a crappy economy car with less range, no charging network, slower charging, poor performance, miserable dealership buying experience, no over air updates, no 'cool' factor (like the tech in Teslas).

  8. Adoption will soar once access to re-charge your car anywhere, anytime is ubiquitous. Right now, I'd buy one (I'm ready to buy a new car), but there's no way for me to charge it in my condo complex, nor anywhere nearby, quickly. It's a complaint I hear frequently from many people.

  9. 7% by 2030? Are you kidding?! One of the foremost experts, Tony Seba, almost guarantees that all — 100% — of new vehicles will be electric by then.

  10. I am going to do some rounding, by 2030, 0% of the cars sold in America will be ICE vehicles. They will all be obsolete by then and obsolete technology doesn't sell. An ICE engine in 2030 will not have a big enough customer base to justify mass production and they will be seen as really, really uncool.

  11. I think you significantly understated the EV revolution. Tesla will be selling a million cars a year within two years. Right now they are making 10,000 cars a week and cannot keep up with demand. Once they have factories in China and Europe, they will double their current production rate. Next year they will make the Model Y and then the Pickup truck. Once battery production reaches its potential, it will be a lot cheaper to make an EV than an ICE car. EVs are just better!

  12. I think 7% ev and hybrids by 2030 is a serious underestimate . 50% is possible and 40% is realistic. People are just beginning to learn about the economy but the safety is largely unnoticed by the market.

  13. In May 2016, to avoid range anxiety, I purchased a Volt Premier 2.0.
    I quickly learned that I rarely drove more than the 54 miles I started with every morning.
    I've only filled the gas tank (8.6 gallons) twice each year, except year two when I drove from San Diego to Canada and back on gasoline.
    I am waiting to buy the Model Y, as I no longer am concerned about range anxiety, but will always remember the flexibility of my hybrid (EVRE). Too bad GM lost eight to ten thousand dollars on every one they built because there are millions who want to go electric but don't have a garage where they can plug in every night.

  14. Nobody ever talks about natural disasters when speaking so highly of EVs. Having evacuated for a few hurricanes, I know that an EV will not get you out of the evacuation zone in time. The range is not there and you don't have time for a recharge, and you can't take extra fuel with you like you can with a conventionally fueled vehicle.

  15. I don´t know ( or even whether anyone knows) what the colateral damage of producing EV´s will be but it does not help resisting what goverments all over the world are going to impose on us.As to Tesla let see how quick manufactures with deep pockets will react(keep an eye on the germans, chinese, korean and japanese)

  16. Elon and Tesla are dragging all of the big automakers kicking and screaming into a change in the auto industry. Elon’s challenge since the Tesla Roadster was for each of them to make a better RV than each Tesla vehicle. All of the promised electric vehicles by those automakers are slow coming , but coming. Not many will have more than two full EVs in there lineups before 2022(next to the many UCE vehicles in the lineups) , meanwhile Tesla will have 5 vehicles (4 for sale ) by 2020, not even counting the New Roadster production and Tesla Semi production and deliveries. My next car will be a Tesla Model 3 .

  17. Thanks for the content. I totally love Tesla and everything Elon Musk is doing. He definitely started a EV trend and the Boring tunnels will make RoboTaxi a reality.

  18. The Motley Fool publishes thousands of anti Tesla articles – then tries to cash in when they figure out they made the wrong call.

  19. Tesla's are the superior electric VEHICLE choice and let's not forget the CHARGING infrastructure for road trips they've built, no one else comes close in either category.

  20. Everyone wants to try to reduce the carbon in the atmosphere and driving an electric car it’s something we can all do. Thanks for plugging Tesla. I can’t say enough good things about my model 3. No one believes me until they take a test drive and they’re absolutely blown away. If you do visit to place a new car order then Her is my referral code . get 1000 miles of free supercharging if you use it. I can’t believe a model 3 is only $35,000. Check out my YouTube channel under my name. Also take a look at many of the Facebook pages such as “Tesla model 3” also check out “know now you know” YouTube channel. Zack and Jesse do a great job talking about the technology in the model 3 and why is light years ahead of the competition. Thanks.

  21. we've reached the tipping point of excellent batteries and consumers wising up to environmental issues, hopefully! EVs are a hard sell in the USA because local pollution isn't nearly as bad as in Europe, Asia etc. but we can afford to be early adopters and apparently we have the know-how to build the BEST! The Model 3 is an amazing car to drive, no issues with range and definitely not lacking in performance!

  22. In the future we will all be driving electric for the simple reason that Tesla's roadster showed that electric motors could now do an equal or better job of turning the wheels of our cars than internal combustion engines. They have gone on to mass produce affordable luxury models that show conclusively that electric motors are better at doing the job.
    Meanwhile the legacy auto makers have sat back and watched Tesla do what even Tesla must have surely believed was impossible.
    Now those auto makers faff at just how to move forward, yet cannot stomach the notion that the best way is to use what they already have at their disposal, the internal combustion engines to run onboard generators. So the one thing that could have greater impact on reducing fossil fuel use is denied us ie Series Hybrids.

  23. We are putting solar panels on my house right now. And will save up for two electric cars we will never buy gasoline in the future

  24. 7% by 2030… my arse. If the legacy automakers really thought that, they would not be investing billions now to catch up with Tesla…

  25. Once you drive a well performing EV it’s hard to go back. They accelerate like nothing else at their price point; they are quiet at low speeds; they can be climate conditioned before you get in; and they typically handle well. One foot driving is also convenient and the range is also acceptable. For those who can, charging at home provides exceptional range in typical driving and Tesla has shown the way for long distant travel with their supercharging network. They will catch on much rapidly than most think because of these features and others I have not mentioned ( like autopilot, constant software upgrades, computer like, etc).

  26. Holy shit, experts predict 7% electric vehicles in the US market by 2030???! That’s absolutely insanely low, I’ve never seen a clearer example except the iPhone of something the consumers want but companies don’t know about it. Good look to all the young electric companies like GM, Ford, Toyota going up against the true innovator and leader, Tesla. Soon they will find out it’s not so easy to switch when you’re already so far behind

  27. They are here to stay and Tesla will supply the batteries for all these companies. They are so far ahead of the game that they'll never catch up!

  28. In all honesty, I am probably the least likely person I know to buy — and be satisfied with — an EV. I am nearly 70 and, since 12 years of age, I have been a passionate ‘car guy’ with a bias for well-engineered, fun to drive cars.

    But I’ve been converted.

    My son bought a Model 3, which I thought was a questionable action…until I drove it. I have since bought a Model 3 of my own — as my principal car — and, after a year of ownership, am convinced that it is one of the finest cars I have ever owned. Fast, comfortable, agile, simple and convenient. Every person who has ever ridden/driven my car has been astonished, with some convinced to buy one themselves.

    My observations for those who, like me, are doubters:

    1. If you have not ridden in a Tesla Model 3, take a chance and ask an owner for a ride. Odds are extremely good that you will be accommodated. Don’t bad-mouth the technology until you have actually experienced it.
    2. Road-tripping in a Model 3 is a dream. Yes, it will add a little time to your trip, but not as much as you may think. (My body now requires me to take 20-30 minutes or so every 2-3 hours, and that’s exactly the charge window of the car. Most of all, though, the electronics (and quietness) in the car make a long drive so relaxing, you will not believe how easy it is to drive all day long. I did a 2500 trip and found that was the easiest of my life.
    3. Because of Tesla’s over-the-air software updates, the car is far better today than it was on the day of delivery…and I expect this will continue. Try that with almost any other ICE car.

    From an equity-opportunity point of view, I will share my opinion that I think that Elon Musk made a tactical mistake with the introduction of the Model 3: he priced the car too low. I have no doubt that the true value of the car (quality, performance, economy, etc.) is meaningfully higher than its price. It is simply stunning. See for yourself if you have doubts.

  29. Yes, I do think they're the future. Just love the Tesla! Wish I could buy one! Live in a rural area, so charging stations are an issue.

  30. Ya ok . When electricity tripled in price like it has in Australia and the greens deal county in Texas. People will be going back to ice. At $2 a gallon.
    The governments will have to subsidize electric bills for the poor and the middle class will eat it in taxes. Meanwhile big batteries need big mining and big mining needs big oil. Dumb ideas come and go. When Elon gets done fleecing the rich green snowflakes he’s going to fly off in his rocket 🚀 .

  31. I think their estimates for EV adoption are off by about 20% and 5 years. I think the adoption rate will be much quicker than anyone believes.

  32. Have had BMW,s for decades. Sadly, now, I feel they are a joke – alongside most other builders. I have a Model 3 Performance, now. My god. Would never, ever, ever, for nothing, go back. Feels like a starship, in every possible aspect, when compared with previous experiences. Do yourself a favor and try one yourself before you make your mind.

  33. Note that hybrid cars still have internal combustion engines. They just happen to also have some batteries and electric motors too.

  34. Yup. Tesla (under Elon) found the best way to never make a profit, disregard vehicle safety regs other companies have to abide by, and suck down government subsidy and goodwill investment and reservation money in a ponzi scheme that would make Enron blush.

  35. BEV is the future. 500km range, 400km of range charged in 20m or less and vehicle price equal to similar ICE vehicles is the key. Also, readily available charging network. This an be done. I give it 5 yrs and thus should be possible. I also think VW and their electrify America/Canada will be instrumental in bringing this from dream to reality. Tesla got the momentum going and now the old automakers need to go all in

  36. Hybrid sales are on a long sales decline. EVs are the future. Tesla makes the best EVs and best cars. Drive one.

  37. There will be a lot more than 9% of electric vehicles by 2030. I bet it will be more like 50% by then.. Just one drive in a Tesla will convince you that will be your next Car. So if your not ready to buy your next Car yet, stay out of a Tesla, your ride will never feel the same again..

  38. Model 3 using Superchargers 2,200 miles Los Angeles and back to Olympa, Washington $ 97
    No oil changes
    Brakes pads 200k using regenerative braking.
    Blew the doors off a fancy Cadillac tailgater in Wyoming.
    Another dimension in travel
    Car drives itself 80% of my drive time.

  39. 7% EVs by 2030 is ridiculous. Tesla sales alone grew 60% annually in the last 10 years. Average price of new cars sold in US is 35,000 USD, Model 3 is already 38,500. Battery price falls 25% annually in the last decade. Once battery reaches below 100 USD/kWH (Tesla is currently at around 120 USD/kWH), EVs will have price parity with Fossil Cars. By that time, it doesn't make economic sense anymore owning a Fossil Car, no matter the price of gasoline.

  40. Yes, #eCars are the future. I bought a #Tesla #Model back in January this year 🤜💥 Greetings from #Switzerland 🇨🇭

  41. "Some experts" predict 7% by 2030? Some paid hacks pushing the disrupted "business as usual" propaganda. 7% is NEXT YEAR….2020 5 million plug in vehicles will sell worldwide. 78 million total vehicle sales worldwide. 5/78 = 6.4%……Who is so effing dumb they believe anyone saying 7% in 2030…those too lazy to to do the math themselves and dependent on "OTHERS" to think for them.

  42. As a Model 3 owner, it is the BEST car I have ever owned. However, I think Elon’s greatest contribution to the EV car-world,
    other than Tesla, is moving car purchasing away from the frustrating world of dealerships. I do not like having to be juggled
    between a salesman, a sales. manager and then to a closer. After that…..if there is a decision to buy… the financial person
    who will badger you for hours…yes hours…to purchase an after-market warranty and who knows what else.

    That one change is the most important factor for me. I can order a new car ….. that I know I want… five minutes. I am then
    totally responsible for my decision and can still return it with no questions asked within the specified time limit. Thanks Elon.

  43. Yes, EV’s are the future and Tesla already makes 3 great vehicles currently and adding more to their line up over the next few years. I love my Tesla Model 3.

  44. Tesla are so far ahead of the competition in terms of technology and infrastructure (charging network) and are still investing massively in R&D and factories. The insurance option is a very smart move. The sales figures are super impressive given that they do not spend money on advertising despite all the FUD attacks from the auto industry and vested media (got to keep the advertisers happy. At some point the auto and investment industries are going to realise the extent of the Tesla long game and they will be nervous. More information check out the KnowYouKnow channel.

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