Tim Draper, the founder of venture capital firm Draper Fisher Jurvetson, and one of the original and primary financial backers of Tesla when it began, said that with the release of the Model S and the continued expansion of their electric vehicle line, Detroit’s ‘Big 3′ automakers should give up on the electric car market and move onto flying cars or something.
“The Model S is Tesla’s most crucial launch and it has said the vehicle will account for 90 percent of its revenue this year. Tesla has said it expects to deliver 5,000 Model S sedans by year end and 20,000 in 2013, compared to the 13,500 Volts and about 4,230 Leafs GM and Nissan have sold to date.”
Image Credit: Model S via Wikimedia Commons
For the fate of the sons of men and the fate of beasts is the same; as one dies, so dies the other. They all have the same breath, and man has no advantage over the beasts; for all is vanity. - Ecclesiastes 3:19