Elon Musk’s promises are getting more realistic

Elon Musk has not lost his penchant for hype. Tesla’s boss told investors earlier this month that the $855 billion carmaker can keep growing production by at least 50% a year “for quite a while”. He also thinks its Model Y SUV will be the world’s best-selling vehicle by 2023. Musk has a history of missing targets. But recent performance suggests his latest ones deserve to be taken more seriously.

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