“There are all these very smart people working on the electric vehicle topic for so many years, and yet EVs remain less than 1 percent of total light-vehicle sales. We step back and ask, why? Why is that happening? That’s a tough question to answer. I don’t want to wait until I retire for EVs to get to scale.”
Aaron Cohen, Audi of America’s general manager of electric vehicle strategy, says that for EVs to become more popular, stakeholders like manufacturers, utilities, local and federal governments need to be on the same page. An incentive programme needs to be accompanied by an outreach programme.
“Everything about Elon is for the long term. I suspect the big, institutional shareholders understand that and they’re all in on Elon, and I expect the large shareholders will vote yes for the deal.”
David Whiston, an analyst with Morningstar, is optimistic that the SolarCity-Tesla merger will happen despite the risk. Tesla shareholders know that they are in for the long run and not to make some quick cash.
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