Tesla’s stunning EV forecast

Tesla CEO Elon Musk has made a startling prediction: electric cars will rival petrol guzzlers in popularity by 2030, or perhaps even 2025.

Tesla Motors Inc Chief Executive Elon Musk, an entrepreneur known for his outsized ambition, on Friday made a stunning forecast: battery-powered cars will likely match the internal combustion engine in popularity by the middle of the next decade.

"In 20 years more than half of new cars manufactured will be fully electric," Musk said. "I feel actually quite safe in that bet. That's a bet I will put money on."

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