A battery pack stands on a trolley as Tesla Model X sports utility vehicles (SUV) sit in cradles during assembly for the European market at the Tesla Motors Inc. factory in Tilburg, Netherlands, on Friday, Dec. 9, 2016. A boom in electric vehicles made by the likes of Tesla could erode as much as 10 percent of global gasoline demand by 2035, according to the oil industry consultant Wood Mackenzie Ltd. Photographer: Jasper Juinen/Bloomberg via Getty Images