Southfield — More than a dozen vehicle makers are jostling to lead the US electric car race, but Bloomberg New Energy Finance (BNEF) sees a clear winner separating from the pack: Tesla. The car manufacturer led by CEO Elon Musk will emerge as "the standout" in total cumulative deliveries to 2021, reaching nearly 709,000 vehicles, according to BNEF’s Long-Term Electric Vehicle Outlook released on Thursday. Tesla is projected to pull away from General Motors (GM), which may slip behind Volkswagen’s (VW’s) aggregate sales of plug-in hybrid and fully electric vehicles in four years’ time. The report reinforces the optimism among some analysts that Tesla will be able to distance itself from established vehicle makers and dominate many of the world’s biggest markets for battery-powered vehicles. Investors have bid the company’s shares up 53% in 2017 in anticipation of Musk debuting the Model 3 sedan, a more affordable car he is counting on to crack the mass market. "If they can stick to t...
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