Tesla Revived The Electric Car, But Can It Sell It? | WAMU 88.5 - American University Radio
Filed Under:

Tesla Revived The Electric Car, But Can It Sell It?

Play associated audio

The American auto industry has a new darling, but it doesn't come from the Big Three or even Motor City. Instead, it comes from the West Coast — Silicon Valley, to be precise.

Tesla Motors — the company formed by tech billionaire Elon Musk — has a new car, the Model S, and it's been named Automobile of the Year by Automobile Magazine and Car of the Year by Motor Trend.

Car geeks are typically a tough crowd to please, and with much of the electric car movement up to this point, the geeks have been kind of lukewarm.

"They're OK, they're nice, and they work and they do what they're supposed to do," says Joe DeMatio, deputy editor at Automobile Magazine. "But they don't really speak to the emotions of a car enthusiast."

DeMatio says the Model S is the first electric car that finally got the words right. He says they thought they would like it and that it would be an interesting technical exercise, but then they drove it.

"We were blown away by the performance and the power and the poise [and] the handling," he says.

For much of the electric car movement, there has been a kind of "eat your spinach" factor, but the Model S changes all that.

"By having the electric vehicle technology in a performance car, it makes people think about electric vehicles in a whole different way," says Roland Hwang with the Natural Resources Defense Council. "Instead of thinking of them ... as some sort of sacrifice, what customers can now start to see is that electric vehicles have tremendous potential."

Potential, however, doesn't always equal car sales.

Michelle Krebs with the automotive website Edmunds.com says success in the auto industry for Tesla, or any car company, isn't just about one good car, it takes a string of them. That, of course, takes money — a lot of it.

"Well it's billions; so there's constant investment," Krebs says. "You can't just get a check, make a car and expect that that's going to carry the day. You've got to still keep investing for the future."

Now that Tesla has made a car that auto enthusiasts love, DeMatio says the real challenge is to see if the non-car geeks of the world will buy one.

"The ultimate success is sometimes built on other successes that people have had," he says. "So even if Tesla doesn't survive long-term, they've achieved something, they've proven that something can be done, and someone else could pick up that mantle."

DeMatio says while Tesla hasn't proven that it can sell cars, what it has proven is that it won't be the last electric car company.

The new Tesla Model S starts at $50,000 — after a $7,500 tax credit.

Copyright 2012 National Public Radio. To see more, visit http://www.npr.org/.

NPR

Single-Named Singers From The Present And Past

Every answer is the name of a famous, one-named singer like Madonna or Beyoncé. Identify each one from its anagram, to which one extra letter is added. The singers are a mix of past and present.
NPR

No Resume? Criminal Background? No Problem At This Yonkers Bakery

Social justice is part of the recipe at New York's Greyston Bakery. The firm, whose clients include Ben & Jerry's, hires locals whose legal status or work history might otherwise make them unhirable.
NPR

Senate Blocks Measures To Extend NSA Data Collection

The Senate worked late into the night but was not able to figure out what to do about expiring provisions in the Patriot Act that authorize the NSA's bulk collection of Americans' phone records.
NPR

The Future Of Cardiology Will Be Shown In 3-D

The Living Heart Project aims to create a detailed simulation of the human heart that doctors and engineers can use to test experimental treatments and interventions.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.