Tesla Inc. Chief Executive Elon Musk teased a “Master Plan 3” for the electric-vehicle maker on March 1, practically a yr after he first tweeted concerning the blueprint.
Musk stated late Tuesday that particulars will probably be unveiled at Tesla’s
TSLA,
investor day on March 1, scheduled to happen on the firm’s Texas headquarters.
“We suspect his plan will tie together” with Tesla’s 2016 Master Plan 2, mentioning robotaxis, shared rides to scale back driving miles, “megapack” batteries, and recycling targets, stated Chris McNally, an analyst with Evercore ISI.
Musk tweeted on March 16 that he was “working on” the plan:
Musk launched the second Master Plan in March 2016, promising a number of issues which have fallen wanting actuality.
See additionally: Ford logs $2 billion loss in 2022, says revenue was left ‘on the table’
Tesla nonetheless doesn’t have an electrical bus, as an illustration, and a fundamental trim of its least expensive electrical car, the Model 3 sedan, begins at $43,500. Tesla stated in January {that a} “next generation” car platform is within the wings.
Part 2 additionally included some autonomy and car-sharing objectives that haven’t come to move.
The first plan, from 2006, outlined Tesla’s technique of beginning off with a dear and extremely fascinating sports activities automotive as a springboard to future extra inexpensive EVs.
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Autopilot and Full Self Driving, Tesla’s suite of superior driver-assistance programs for freeway and concrete driving, are below probes from a number of state and federal companies. Tesla “robotaxis,” shared driverless automobiles, are additionally not but obtainable.
Consumer Reports just lately ranked Autopilot “middle of the pack” in autonomy, bestowing increased marks on Ford Motor Co.’s
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BlueCruise and on General Motors Co.’s
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SuperCruise.
“Tesla hasn’t changed Autopilot’s basic functionality much since it first came out, instead just adding more features to it,” Consumer Reports stated.
For all ADAS, Consumer Reports cautioned that driver consideration is required always, saying that “cars that can truly and safely drive themselves remain a long way off.”
Shares of Tesla have misplaced 35% prior to now 12 months, in contrast with losses of round 9% for the S&P 500 index.
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Source web site: www.marketwatch.com