Obama win should fuel electric car production, says Tesla CEO


"I think that we can expect at least that things will continue as they have," Musk told reporters at an event in New York. "I wouldn't expect it to get any worse for electric vehicles, hopefully it will get a little better."

Musk also said he would back any effort to boost federal tax credits for electric cars to as much as $10,000. He also said the company would install fast-charging stations on major routes throughout the United States by the end of next year.

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