“I think it’s good news,” said Nissan’s and Renault’s CEO Carlos Ghosn yesterday at his company’s factory in Iwaki, Japan, when Automotive News reporter Hans Greimel asked him to comment on the amazing number of pre-orders Tesla received for its upcoming lower cost electric car, the Model 3. “The fact that so many people are willing to make a down payment to get this car, which I understand will be available by the end of 2017, is a very good sign,” Ghosn continued with a straight face.
By industry convention, established automakers rarely if ever say anything bad about the competition. Privately, some industry insiders think that Tesla Motors might drown in that sea of orders. Some even doubt outright that the numbers are valid.