The auto market has come to a point where it’s now difficult to deny that electric vehicles will be the dominant form of transportation in the near future. With companies like Tesla pushing the envelope for what electric cars can do and events such as Battery Day previewing technology that could bring EVs even closer to the mass market, it is starting to become evident that the age of electric cars is coming ahead of schedule.
The electric vehicle segment has shown remarkable strength, with EVs in Europe growing even as the rest of the automotive segment collapses under the pandemic. Part of this is due to the prices of electric cars coming closer to the cost of their internal combustion-powered counterparts. Vehicles such as the Tesla Model 3 have also proven that there is a legitimate demand for well-designed, reasonably-priced electric vehicles.
Electric cars have transitioned from niche vehicles into mass-market family cars in the span of about 12 years, and over this time, EVs and the cost of producing them have decreased significantly. This is most evident in the production costs of electric cars’ batteries. Current battery packs for EVs today are estimated to cost around $150-$200 per kWh. That’s about 80% lower than the cost of batteries since 2008.
With electric vehicles expanding into the mainstream market, the automobile industry is now approaching a tipping point when EVs could become as cheap as their fossil fuel-powered counterparts, even without government subsidies. And just as it is with any disruptive shift, the carmaker that reaches or exceeds price parity with the internal combustion engine first will be poised to dominate the segment.
Thanks to the efforts of companies like Tesla, electric vehicle technology is progressing faster than expected. As noted in a New York Times report, industry experts a few years ago were estimating that the turning point for EVs and their tech would come in 2025. But with automakers like Tesla pushing the envelope and events such as Battery Day potentially revealing technology that could push electric cars past the internal combustion engine, this 2025 estimate may end up being conservative.
Carnegie Mellon University associate professor Venkat Viswanathan, who closely follows the battery industry, described how the electric vehicle market is on an accelerated timeframe. “We are already on a very accelerated timeline. If you asked anyone in 2010 whether we would have price parity by 2025, they would have said that was impossible,” the professor said.
Perhaps what is truly remarkable about the rapid pace of the electric car market is the fact that EVs are still pretty much open to innovation. Batteries and electric powertrains still have a lot of room to grow, and companies like Tesla have proven that they will push the available technology as far as it could go to create the best EVs possible. This could be quite scary for traditional automakers that rely on fossil fuel-powered vehicles, since the internal combustion engine has already fully matured.
For now, the EV segment is turning into a race aimed at catching Tesla, which stands as the undisputed leader in electric cars today. The company may be a young carmaker, but its experience in electric car development is vast. Events such as Battery Day, which is expected to discuss the EV maker’s next-generation cells, have the potential to widen the gap between Tesla and its competitors even further. For traditional carmakers, it is now a matter of catching up to Tesla as fast as they could. But it won’t be easy.
In a statement to the Times, Jürgen Fleischer, a professor at the Karlsruhe Institute of Technology in southwestern Germany who is working on battery manufacturing research, noted that there will be a steep learning curve for veteran automakers that are dipping their feet into electric cars. “We have been mass-producing internal combustion vehicles since Henry Ford. We don’t have that for battery vehicles. It’s a very new technology. The question will be how fast can we can get through this learning curve?” he said.
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U.S. AG Pam Bondi: Tesla Molotov attack suspect facing up to 20 years in prison
The U.S. Attorney General confirmed that a Tesla attacker, who threw Molotov cocktails at a store, is now facing up to 20 years in prison.
It appears that an anti-Tesla activist who is suspected of throwing Molotov cocktails at one of the electric vehicle maker’s stores is now looking at a potentially long prison sentence.
This is, at least, as per United States Attorney General Pam Bondi, who recently shared her insights in a FOX News segment.
Tesla Attacks and Trump Warning
Tesla locations and vehicles have been subjected to numerous attacks as of late, from stores being shot up to vehicles being vandalized and set on fire in suspected arson incidents. In one case, a Tesla store in Salem, Oregon, was attacked with Molotov cocktails.
President Donald Trump has issued a stern warning to people attacking Teslas, stating that he considers such actions as domestic terrorism. While addressing the issue, Trump warned that anyone caught deliberately harming Tesla will be going through “hell.”
Attorney General’s Update
During a recent FOX News segment, US Attorney General Pam Bondi reiterated that anyone targeting others over political beliefs would be caught and punished accordingly. She highlighted that investigations are underway to find out who is behind the violent actions, and she also confirmed that a Tesla attacker, who threw Molotov cocktails at a store, is now facing up to 20 years in prison.
“If you targeted someone, if you went after someone because of their political affiliation, we will be investigating you. We will be looking at you, because that’s the weaponization, and it has to stop. For instance, look what they’re continuing to do to Elon Musk. They are targeting Tesla dealerships, the stations where you charge a Tesla. They’re vandalizing cars. I have already directed an investigation be opened to see how this is being funded. Who is behind this?
“We have people we’re locking up on that. We have someone in jail right now from one of the dealerships. They threw a Molotov cocktail through a dealership. They’re looking at up to 20 years in prison. So, if you’re going to touch a Tesla, go to a dealership, or do anything, you better watch out, because we’re coming after you. And if you’re funding this, we’re coming after you. We’re going to find out who you are,” Bondi stated.
SpaceX is readying to launch the Crew-10 mission this evening, which will bring home U.S. astronauts Butch Wilmore and Suni Williams, who have been stuck on the International Space Station for nine months.
SpaceX is working alongside NASA to bring the two astronauts home, and all systems and weather conditions are looking ideal to launch the mission this evening from the Kennedy Space Center in Florida.
All systems are looking good and weather is exceptional for tonight’s Falcon 9 launch of @NASA‘s Crew-10 to the @Space_Station → https://t.co/VPdhVwQFNJ pic.twitter.com/wZ9LvZAnYn
— SpaceX (@SpaceX) March 14, 2025
Boeing was originally tasked with the rescue mission.
The company sent a Starliner aircraft to the ISS in late September in an effort to bring Williams and Wilmore home. However, malfunctioning thrusters and other issues on the Starliner aircraft prevented NASA from giving the green light to the astronauts to board and come home.
SpaceX was then tasked with bringing the two home, and it appears they will be on their way shortly.
The launch was intended to occur on Wednesday, but a last-minute problem with the rocket’s ground systems forced SpaceX and NASA to delay until at least Friday. Things are looking more ideal for a launch this evening.
The launch is targeted for 7:03 p.m. ET, but another backup opportunity is available tomorrow, March 15, at 6:41 p.m.
SpaceX writes about the Dragon spacecraft that will be used for the mission:
“The Dragon spacecraft supporting this mission previously flew NASA’s Crew-3, Crew-5, and Crew-7 missions to and from the space station. This will be the second flight for the first stage booster supporting this mission, which previously launched the SES 03b mPOWER-e mission. Following stage separation, Falcon 9’s first stage will land on Landing Zone 1 (LZ-1) at Cape Canaveral Space Force Station.”
The mission will not only aim to bring the two astronauts who have been stranded for nine months home, but it will also conduct new research to prepare for human exploration beyond low-Earth orbit.
If Crew-10 launches at the planned time this evening, it will dock to the ISS at 11:30 p.m. ET on Saturday night.
Tesla has officially wrapped up the ability to order the legacy Model Y in the United States, now only showing the new “Juniper” version and its Launch Series trim in the Online Design Studio.
Tesla launched the new Model Y in the United States in early February, and deliveries of the vehicle have officially started. While other trims of the new-look Model Y are available in other countries, Tesla has not started offering those in the United States quite yet.
However, the legacy Model Y and its several configurations are now no longer available for purchase in the U.S., at least for a custom order. Those who are looking for a deal on the best-selling car in the world for the past two years can still snag whatever is left in inventory.
🚨 BREAKING: Tesla is now only offering the new Model Y in the United States in its online configurator.
The legacy Model Y is still available through inventory, but is no longer being produced for custom orders. pic.twitter.com/4rdA7LKZl1
— TESLARATI (@Teslarati) March 14, 2025
The sunsetting of the legacy Model Y is the closing of a chapter that truly launched Tesla into the stratosphere.
Although the Model 3 found plenty of mainstream success for Tesla in its first few years, the Model Y was the vehicle that really made the company successful. It disrupted the operations of other companies, and, in conjunction with the Model Y, made OEMs take EVs seriously.
The Model Y was the best-selling vehicle in the world in 2023 and 2024. With the improvements to ride comfort, suspension, and cabin noise, along with the various changes to the exterior, Tesla has a chance to continue its run with the Model Y in 2025 — as long as it can ramp production in a timely manner and keep demand up.
The latter does not seem like it will be a huge problem as it is still a high-demand vehicle.
Tesla unveiled the Model Y on March 15, 2019, so its first design was eliminated nearly five years before its initial appearance.
U.S. AG Pam Bondi: Tesla Molotov attack suspect facing up to 20 years in prison
SpaceX readies to rescue astronauts from International Space Station
Tesla discontinues legacy Model Y in the U.S. for custom order
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