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
What does Citadel’s famed disciple of contrarian, deep-value investing Dr Adrian Saville hope for (and fear) about money?
Bruce Whitfield interviews J Brooks Spector, Daily Maverick’s expert on all things American, for his weekly business book review.
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.
Hooters SA has introduced the ‘Order an Angel Shot’ initiative for female customers who are feeling unsafe during a date.
Political Analyst Dr Sethulego Matebesi says it is concerning that the President is publicly and boldly endorsing his ex-wife.
South Africans enjoy watching pornography, so much so that they've made it onto the top 20 countries with highest hits on Pornhub.
Dr Chris Smith explains why some people are more desirable than others to mosquitoes.
M&G's Pauli Van Wyk speaks about Public Protector's preliminary report implicating Absa, Reserve Bank, Treasury and Presidency.
Spokesperson for the National Consumer Commission says they believe consumers are exposed to potential risks in these vehicles.
Governor Lesetja Kganyago says South Africa asked international companies to print banknotes as part of risk management.
Property economist at FNB, John Loos, says the drop in house prices is due to slow pace in economic growth.
Department of Water and Sanitation says recent rains have increased the Vaal Dam levels but more is still needed.
"Recognise that it’s not the end, it’s the beginning." Expert advise for school-leavers who want to improve their results.