Elon Musk, CEO of Tesla, recently made a tweet referencing the 2016 Master Plan, Part Deux, which emphasizes autonomous vehicles. This tweet has sparked speculation about the future of Tesla's low-cost vehicle, often referred to as the Model 2. The 2016 Master Plan focuses on expanding the electric vehicle product line, developing self-driving capabilities, and enabling cars to generate income when not in use.
While the Master Plan does not specifically mention a high-volume vehicle, there has been ongoing discussion about the Model 2 and its importance for Tesla's growth. Some analysts have raised concerns that Chinese electric vehicle manufacturers are already producing affordable EVs, potentially diminishing the impact of the Model 2.
However, Musk has indicated that Tesla is progressing with the development of a next-generation low-cost vehicle, which will be manufactured at the Gigafactory in Texas and later in Mexico and other global locations. This vehicle is described as more conventional and utilitarian, suggesting a departure from Tesla's typical design approach.
Despite the focus on the Model 2, Tesla's current lineup, including the Model 3 and Model Y, offers affordable options with discounts and incentives. The Model 3, for example, is priced starting at just over $35,000 and comes with a $7,500 incentive for leasing. The Model Y, on the other hand, is proving to be Tesla's highest volume car to date.
With the upcoming Robotaxi unveil on August 8, there is speculation that Tesla's low-cost vehicle may be taking a back seat in the company's priorities. Musk's recent comments suggest a potential shift in focus towards autonomous vehicles and the monetization of cars through ride-sharing services.
Overall, Tesla's strategic direction, as outlined in the Master Plans, indicates a strong emphasis on innovation in electric vehicles, autonomous driving technology, and sustainable energy solutions. The future of the Model 2 and Tesla's approach to affordable vehicles remain subjects of interest and speculation within the industry.
