By Ben Geman
The future of electric vehicle adoption, in the U.S. but elsewhere too, remains bound up with Tesla even as other automakers bring more and more models to market.
Tesla’s stock got a boost after decent second quarter financials and a renewed pledge to be profitable later this year. But Tesla’s long-term health is a question mark as it ramps up production of the Model 3 sedan.
“What happens with the Model 3 is going to be hugely indicative of whether the EV industry is going to be successful.”
— Sam Ori, executive director of Energy Policy Institute at University of Chicago
The big picture: EVs can help to fight climate change, quicken the arrival of peak oil demand, and alter the very nature of mobility when paired with autonomous tech.
Tesla stands out as the clearest example of a disruptive player with a cool factor that can help transform EVs into something beyond niche status.
Continue reading at Axios…