Behind Musk’s confidence: 35,000 to 500,000 in five years

Tesla's overall volumes may be modest compared to today's mainstream OEMs, but its ambitions are anything but. The OEM has confirmed that it expects to be rolling out half a million cars a year by 2020, now just five years away. Last year it produced a mere 35,000 units. Speaking to analysts following the publication of its second quarter results, company Chief Executive Elon Musk explained some of the reasons behind his confidence.