Tesla Takes Market By Storm
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Tesla is cranking out electric cars, aiming to reach 500,000 customers every year, starting in 2018. That’s 10 times the number of vehicles it produced in 2015, and enough to ensure that all 400,000 customers who have put down a $1000 deposit on the forthcoming Model 3 will qualify for a significant US subsidy.The latest pledge is to develop a faster production

growth rate than Henry Ford’s  Ford Motor Co managed in the early 1900s.

A century later, Tesla CEO Elon Musk wants the Model 3, pictured, to be the

Ford T’s electric grandchild. He’s now aiming for close to a million sales by

2020.

“My desk is at the end of the production line,” Musk said in an

earnings conference call on Wednesday. “The whole team is

super-focused.”