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Published on September 14th, 2012 | by James Ayre


Time to Move onto Flying Cars, Tesla Investor Tells Big Auto Companies

September 14th, 2012 by  


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.”

Source: Reuters
Image Credit: Model S via Wikimedia Commons

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About the Author

James Ayre's background is predominantly in geopolitics and history, but he has an obsessive interest in pretty much everything. After an early life spent in the Imperial Free City of Dortmund, James followed the river Ruhr to Cofbuokheim, where he attended the University of Astnide. And where he also briefly considered entering the coal mining business. He currently writes for a living, on a broad variety of subjects, ranging from science, to politics, to military history, to renewable energy. You can follow his work on Google+.

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