The company has been focused on expanding production, and executives confirmed that another factory would be added this year. Furthermore, CEO teased an autonomous robotaxi service but provided no timeline.
Zhu explained Tesla’s plan to revitalize the grid by ramping up production of batteries for cars and energy storage systems.
Master Plan Part 3
After unveiling Master Plan Part 1 and Master Plan Part 2 back in 2006 and 2016, respectively, Tesla CEO Elon Musk promised that there would be another version of their manifesto that details their company’s path toward sustainable energy future – while also including sections for SpaceX and The Boring Company respectively. This latest iteration focuses on sustainable energy goals as well as SpaceX and The Boring Company respectively.
This 41-page document offers a detailed roadmap for end-use electrification, sustainable power generation and storage, material feasibility and investment. Additionally, the document forecasts electricity demand without fossil fuels while identifying energy source mix costs of fully sustainable economies and battery demand estimation using battery lifecycle models.
This document gives some intriguing clues about Tesla’s future lineup, providing information about a compact car, commercial/passenger van, and electric bus that will all feature in-dash navigation and connectivity features. Furthermore, batteries with different capacities and pack sizes will also be made available for these vehicles – though oddly the Roadster wasn’t featured – possibly because its high performance qualities will likely only be offered in limited production runs.
Tesla appears set to unveil their third Master Plan during their Investor Day event scheduled for March 1 at their Texas Gigafactory. Elon Musk teased this announcement via twitter by saying it will provide “the path towards a fully sustainable energy future for Earth”.
Elon Musk has made headlines regularly by unveiling new master plans for Tesla that usually include lofty promises. His most recent plan seeks to replace combustion vehicles with electric ones and transition towards energy storage and high temperature energy delivery systems.
Target also plans to make their vehicles more affordable by shifting away from retail sales and leasing options and into online sales and leasing options, a move which should reduce selling costs especially in countries where they face competition from more established automakers.
Elon Musk believes the world is on track to meet 50% of EV sales by 2030 and could even reach 80% with innovations. He has hinted at opening another giga factory this year to accelerate battery price declines and provide 300 miles of range in small, affordable cars; an improvement on what the Model Y can cover (267).