Many people believed that Tesla will one day change the world, and after some of the revelations of the last few weeks, more and more are now convinced than ever before. Climate change is in the news yet again, with scientists recently claim that 2016 was the hottest year on record.
Climate Change
That broke the previous mark, which was 2015, the year before - and also the year before that. Of course, most environmentalists have always concluded that one of the only ways to combat this issue is to reduce fossil fuel emissions, often via government regulations that cover oil drilling or coal production.
How To Stop Climate Change
Admittedly, this is a very difficult task, especially in the case of oil, since it's mostly an inelastic resource, which means price swings have relatively little impact on the market's need for it. Still, there could be a period at which oil and other fossil fuels would become progressively less attractive, but the only way to get to this point is to make alternative energy resources more popular.
Why Tesla Could Help
This brings us back to Tesla. According to Forbes, if environmentalists intend to truly affect meaningful change, they should do everything in their will to help Elon Musk's company grow further and succeed. Naturally and obviously, this effort begins with electric cars.
In certain markets, like Oakland, parts of the Pacific Northwest and Southern California, electric and hybrid cars are highly visible. In most other places, though, such vehicles are very few and far between.
EVs Are The Solution
In fact, All-electric vehicles make up less than 1% of all new car sales in the United States. But thanks to its Gigafactory in Nevada, Tesla hopes to alter that completely, especially after it officially unveils the more affordable, yet stylish, Model 3 later this year.
Tesla's Plan For The Future
According to TeslaRati, when completed, the battery plant will be 5.8 million square feet, providing Tesla with the requisite scale to mass produce high-performing lithium-ion batteries, which is the secret formula behind making electric cars affordable to a wider consumer market. Tesla has already said it aims to churn out enough batteries to produce 500,000 cars by 2018 and even over a million by 2020.