Forward of Tesla’s upcoming Investor Day occasion, many shareholders are questioning what bulletins to count on. Whereas there’ll possible be many issues introduced, many sit up for the main points of Tesla’s subsequent Grasp Plan, which the CEO lately acknowledged can be introduced on the assembly.
Grasp Plan 3, the trail to a completely sustainable vitality future for Earth shall be introduced on March 1.
The longer term is vivid! pic.twitter.com/11ug0LRlbD
— Elon Musk (@elonmusk) February 8, 2023
Elon Musk introduced that Tesla will debut its long-awaited Grasp Plan 3 on the firm’s upcoming Investor Day, set for March 1 on the automaker’s Austin, Texas Gigafactory (through Twitter). It’s not but clear what the third Grasp Plan will embrace, although Musk has beforehand shared just a few tidbits about it. Moreover, traders can look to Tesla’s previous Grasp Plans to get an concept of what may be included.
Final yr, Musk stated on Twitter that Grasp Plan 3 shall be targeted on “scaling to excessive dimension, which is required to shift humanity away from fossil fuels, and AI.” Musk additionally added within the tweet that there can be sections on SpaceX and The Boring Firm, with out sharing some other particulars on the plan.
Tesla’s Grasp Plans 1 & 2 had been introduced in 2006 and 2016, respectively, offering necessary particulars concerning the firm’s upcoming plans on the time. Ranging in topics from its electrical car (EV) enterprise to its vitality technology and semi-autonomous driving plans, the updates from Tesla can function a future roadmap for traders.
Tesla’s first Grasp Plan, referred to as “The Secret Tesla Motors Grasp Plan (simply between you and me),” was primarily targeted on the automaker’s long-term targets to go from making the costly Roadster to creating extra inexpensive, mass-market autos to assist drivers change into “vitality optimistic,” alongside the assistance of photo voltaic merchandise. It additionally offered detailed data on lithium-ion batteries, noting that they aren’t categorised as hazardous not like different batteries, and that they are often recycled.
In Grasp Plan 2, Tesla detailed plans to develop its EV product line to handle much more auto segments, together with the aim of constructing photo voltaic roofs that would generate electrical energy. It additionally referenced the event of what’s now the beta Full Self-Driving (FSD) suite, and the power to allow a driver’s automotive to earn a living for them when not in use — in different phrases, referencing plans for robotaxis.
Whereas it’s powerful to say precisely what Grasp Plan 3 will embrace, scaling its EVs, photo voltaic, and vitality storage merchandise will possible take middle stage. To carry you over till the March 1 Investor Day assembly, you’ll be able to try Tesla’s abridged Grasp Plans 1 & 2 under, courtesy of Musk.
The Secret Tesla Motors Grasp Plan (simply between you and me), 2006
1) Construct sports activities automotive
2) Use that cash to construct an inexpensive automotive
3) Use that cash to construct an much more inexpensive automotive
4) Whereas doing above, additionally present zero emission electrical energy technology choices
Tesla Grasp Plan, Half Deux, 2016
1) Create beautiful photo voltaic roofs with seamlessly built-in battery storage
2) Broaden the electrical car product line to handle all main segments
3) Develop a self-driving functionality that’s 10X safer than handbook through large fleet studying
4) Allow your automotive to earn a living for you whenever you aren’t utilizing it
Initially posted on EVANNEX. Written by Peter McGuthrie.