Tesla co-founder Ian Wright surprised at company's success
Says Lowering Costs To Make EVs Mainstream Is 'Not Possible'
You can see his lack of faith in Tesla by the way he sold his stock after the IPO in 2010. Wright still doesn't fully support the position that simply lowering the price of electric cars will turn into mass adoption. "I still think that's not possible," he says.
Wrightspeed the electric car maker has become Wrightspeed Powertrains, building drop-in electric propulsion systems for industrial applications like garbage and delivery trucks, and he's already got companies like FedEx trialing his systems. But he doesn't begrudge Tesla's success: "[They've] done vastly better than I expected that they would, so maybe I'm wrong," he says, and, "What Tesla has achieved in terms of changing people's perceptions about electric cars... is beyond my wildest dreams." In the video above, Wright answers five questions put to him by the SF Business Times about his Tesla experience.
- Most and least efficient car companies
- Fastest-depreciating cars in the United States
- Find and compare 2017 Models