500,000 Tesla’s? There are that many people capable of paying $100,000 for a car?
Around the world about 50,000 for the $100,000 car. The other 400,000 will be from their GenIII - $35,000 car.
I expect worldwide demand of about 50,000 per year on Model S, 50,000 per year on model X and 400,000 per year from Gen III ($35,000) car's. They are also planning trucks down the road, which could lead to additional factories and excess of 500,000 annual production.