Tesla is ready to announce particulars about its next-generation platform, which might underpin a brand new entry-level mannequin and a robotaxi.
It should additionally focus on capital allocation and its long-term enlargement plans on the Investor Day occasion, which can happen on March 1, 2023 and be live-streamed from Gigafactory Texas.
The corporate hasn’t launched any additional info on its deliberate bulletins, apart from referring to the brand new platform as being “technology 3”, but it surely has beforehand spoken of two automobiles it’s engaged on past the upcoming Roadster and Cybertruck.
Tesla has hinted at a smaller, extra reasonably priced entry-level mannequin line to fit in below the “technology 2” Mannequin 3 and Mannequin Y, in addition to a robotaxi.
“[An entry-level vehicle is] the first focus of our new car growth crew, clearly,” stated CEO Elon Musk in a convention name following the discharge of Tesla’s Q3 2022 monetary outcomes.
“At this level, we’re completed with the engineering for Cybertrucks and for Semi. So, it’s clearly what we’re engaged on, the next-generation car, which will probably be in all probability be about half the price of the three and Y platform. It will likely be smaller, to be clear.”
Musk stated in a Q1 2022 earnings name it will announce a Robotaxi in 2023 and start mass manufacturing in 2024, releasing a mysterious teaser picture of the car in December.
“[The Robotaxi will be] extremely optimized for autonomy, that means it will not have a steering wheel or pedals. And there are a variety of different improvements round it that I feel are fairly thrilling,” stated Musk on the decision.
“That’s basically optimised for making an attempt to realize the bottom totally thought-about price per mile or price per kilometre, accounting every little thing.”
Musk had promised way back to July 2019 that it was “doable” for Tesla to have 1,000,000 robotaxis on the street by mid-2020, one thing that didn’t come to go.
It additionally has but to obtain regulatory approval for its autonomous driving expertise, and its Autopilot and Full Self-Driving Beta methods have been dogged with controversy and, reportedly, a felony probe from the US Division of Justice.
The technology 3 automobiles might boast Tesla’s new 4680 batteries, first introduced in 2020, that are stated to be each extra energy-dense and reasonably priced to supply.
The corporate confirmed late final month it had reached a weekly manufacturing output of 868,000 cells, which it says is sufficient to energy 1000 automobiles.
Whereas Tesla has annual shareholder conferences, that is the primary occasion it’s labelling an Investor Day.
It could possibly be a response to 2022 being its worst 12 months on the inventory market, plunging 65 per cent after reaching lofty heights over the previous three years – although Tesla can nonetheless boast the next market capitalisation than the likes of automotive giants like Toyota, Volkswagen, Normal Motors, Ford and Stellantis.
