Tesla Motors says it is on track to produce 500 000 vehicles in 2018.
This is two years earlier than expected.
On Wednesday, South African American Elon Musk’s company reported a 1Q/2016 loss of $282 million, up from $154m last year.
Ray White interviewed Mark Smyth, Motor News supplement Editor in The Business Day on The Money Show.
Scroll down for quotes from the audio below.
Tesla’s share price is plummeting.— Mark Smyth
Elon Musk is breaking his promises.— Mark Smyth
There is no doubt that electrical cars are the future.— Mark Smyth
The Netherlands wants all internal combustion engines off its roads by 2025.— Mark Smyth
Recommendedby THE NEWSROOM
The Money Show’s Bruce Whitfield interviews Ntuthuko Shezi, founder of a company that raises cattle on small investors' behalf.
The Money Show’s Bruce Whitfield asks ad expert Andy Rice to share with him the week’s advertising “heroes” and “zeroes”.
How Pietermaritzburg based Hulamin became Elon Musk’s only supplier of an essential component of all Tesla cars.
We interview the author of a famous book on the Pretoria Boys High graduate who is changing the world (and space beyond) forever.
Elon Musk, as you’d expect, hails from an exceptional family. Bruce Whitfield interviews his Capetonian father.
Musk’s new electricity storage system may soon free us from depending on Eskom (or anyone but ourselves) for electricity.
Bruce Whitfield interviews La Grange about her and Madiba's attitude to money (hopes and fears, successes and failures, etc.)
The Asset Forfeiture Unit is gunning for the Guptas, says City Press. Bruce Whitfield interviews ENS Africa’s Steven Powell.
‘You'd have a gin and tonic & you’d find hold on, that’s not tonic water I’ve put in there, that’s soda water' - Stephen Grootes
Eusebius McKaiser questions the party's use of vandalism during weekend demonstrations at H&M.
This past weekend, hikers were attacked at St James Peak in Kalk bay. Police are looking for two suspects.
"Recognise that it’s not the end, it’s the beginning." Expert advise for school-leavers who want to improve their results.