The Latest Look Into Elon Musk's Crystal Ball

Elon Musk, the co-founder of PayPal and Tesla Motors (NASDAQ: TSLA  ) , and founder of SpaceX, has a keen ability to make good predictions.

Source: Businessweek.

Though not always accurate, many of his predictions are eerily on target -- especially for Tesla. For the most part, Musk has been able to stay on schedule with his original plan for the electric car manufacturer.

Perhaps Tesla's soaring stock price has emboldened Musk's forecasting spirit, because he's made quite a few bold predictions lately. Though they should be taken with a grain of salt, four of his recent predictions are worth pondering, says Fool contributor Daniel Sparks in the video below.

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Read/Post Comments (9) | Recommend This Article (2)

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  • Report this Comment On July 04, 2013, at 6:42 PM, plange01 wrote:

    the bankrupt disgrace GM will close for good in less than two years

  • Report this Comment On July 04, 2013, at 6:42 PM, Leatherdaddy10 wrote:

    Dear Mr. Musk,

    Can you, PLEASE, PLEASE, make a car that the average Joe can afford????

    Your cars are beautiful, but the prices are unrealistic in the real world.

  • Report this Comment On July 04, 2013, at 8:13 PM, vet212 wrote:

    he needs to get his money back because the tesla has a very limited real world usefulness to little range to much cost sorry Elon you loose on this turkey sure you will sell some and quickly but after those greenies who can afford them get done buying your market is saturated

  • Report this Comment On July 04, 2013, at 10:11 PM, maineiacle wrote:

    Seriously guys.

    How much is Tesla paying you for the DAILY articles?

  • Report this Comment On July 04, 2013, at 11:16 PM, autoinsider wrote:

    Tesla, aka DeLorean II. Once the hype is over, so is Tesla.

  • Report this Comment On July 05, 2013, at 12:39 AM, holymolar57 wrote:

    Seriously, even with the quick-exchange battery pack, these "stations" will have to be so heavily subsidized by the govt to work, unless they take the consumer charging his car at home out of the picture! Unless radical battery improvement happens, electrics will be supplanted bynat-gas,hybrids, clean diesel! Sorry Musk Melon

  • Report this Comment On July 05, 2013, at 6:53 AM, DickHamilton wrote:

    tell the speaker that "taken with a grain of salt" means "discounted" or even "ignored"

  • Report this Comment On July 05, 2013, at 1:27 PM, nonqual wrote:

    One of the three things Musk is certain of is that Model S GM will be at least 25% by the end of the year without regulatory credits.

    For the 1st quarter, Model S GM without regulatory credits was barely positive (depending on how much GM one attributes to power train sales to Toyota.)

    Watch him crawl fish as we get to year end filings. If you can't believe Musk about things he is certain about you might want to be skeptical about his other claims.

    The other two certainties were Model S production by July 2012 and 20,000 Ss sold in 2013. The former was techinically achieved but an economic disaster and the jury is still out on the latter. Model S reservations were built up over 3+ years; where will they come from in 2014?

  • Report this Comment On July 06, 2013, at 11:13 PM, sonofTesla wrote:

    You "fools" are absolute morons. This is probably the smartest individual alive in Elon Musk. His intent for Tesla from day 1 was to make a mass produced, 30-35k car for the masses, capable of 200+ miles to a charge and able to charge quickly. Anyone that actually keeps up with this company knows that it is one of the most innovative companies on the planet, and has an absolute genius (Elon knows batteries better than most people know their own children). People have been nay-saying this company for quite some time, yet Tesla continues to beat all expectations and in grand fashion. Think they won't change the automotive industry, think again.

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