Elon Musk lays out his vision for the future of Tesla: an opportunity to reveal “the third step of his master plan”

In any case, the multibillionaire has “proved that his promises must be taken with tweezers,” in particular with regard to the launch schedule for new cars, Ms. Caldwell recalls. “He needs to be a little specific, at least in his short-term plans. »


Wedbush analyst Dan Ives is hoping for details about the Cybertruck pickup due to begin production this summer, the Semi trucks, which were first delivered in late 2022, the 4680 battery, the group’s strategy, or the strategy to sell the car for as low as $25,000. up to $30,000.

Any comments on the supply of raw materials such as lithium, driving assistance systems or the state of demand are also expected.

This new “master plan” will “lay the groundwork for the next decade for Tesla as electric vehicles set to land en masse around the world,” Ives summed up.

Rebound on Wall Street

Tesla, which spearheaded the electrical revolution and remained the world’s largest seller in the category in 2022, must indeed face increasing competition.

Chinese groups such as BYD are rapidly gaining momentum, while many traditional manufacturers such as General Motors, Volkswagen or Stellantis are launching their electric versions.

And some observers are wondering about Elon Musk’s ability to lead the group through this difficult period, although he currently seems to be more focused on Twitter, which he took over in late October.

Investors will be looking for something that can justify action continuing to rise, said Adam Jonas, an analyst at Morgan Stanley, in a note.

After a big slump in 2022, the manufacturer’s name is indeed up about 67% year-to-date, helped by price cuts on its vehicles to attract customers and new rules on US government subsidies.

Elon Musk has once again become the richest man in the world.

The multibillionaire detailed the first phase of his master plan in 2006, explaining why Tesla focused on building a sports car before using profits and technology to build more affordable cars.

Tesla’s cheapest car, the Model 3, is currently on sale in the US for $43,000.

He unveiled the second phase of his plan a decade later in 2016, revealing various ambitions for solar panels, autonomous driving, a range of vehicles including buses, and car sharing.

It did cause a massive switch to electric vehicles and made Tesla the most valuable automaker in the stock market.

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