Tesla Investor Day

Tesla investors could get updates on an affordable electric vehicle, which CEO Elon Musk first teased in 2020, among other initiatives.

They wrote, in a note earlier this week, "Near-term, we see continued strength in TSLA's market share, but see cheaper competitor EVs coming to market as potentially dilutive to TSLA's share of the US EV market." He said Tesla agreed to use recycled water and take other initiatives to cope with water-scarcity in the region. According to Ortex, a short interest tracker, "After delivering $4.5 billion in profits to short sellers in January, TSLA's 19% rise in February has helped pile on losses for TSLA bears. He may reveal more details about how the two plan to work together moving forward. Tesla shares have rebounded from declines during 2022, and are up more than 60% for the year so far. [Tesla](/quotes/TSLA/) laid out its long-term vision at a 2023 Investor Day presentation in Austin, Texas, on Wednesday.

Tesla stock fell late Wednesday as Elon Musk revealed his "Master Plan 3" during the EV giant's investor day Wednesday evening.

The [EPS Rating](https://www.investors.com/how-to-invest/investors-corner/eps-rating-is-key-to-picking-great-stocks/) is 99. That would suggest a 217.75 [buy point](https://www.investors.com/how-to-invest/investors-corner/chart-reading-basics-how-a-buy-point-marks-a-time-of-opportunity/). [market trade](https://www.investors.com/market-trend/stock-market-today/stock-market-today-market-trends-best-stocks-buy-watch/) Wednesday. Tesla stock has a 73 [Composite Rating](https://www.investors.com/how-to-invest/investors-corner/stocks-to-buy-and-watch-ibd-composite-rating-top-growth-stocks/) out of 99. In 2016, Tesla stock went on a monthlong 22% run ahead of Musk's second "Master Plan" announcement on July 20, 2016. Shares arguably have a [cup-with-handle pattern](https://www.investors.com/how-to-invest/investors-corner/how-to-buy-stocks-lam-research-cup-with-handle-launched-75-percent-advance/) going back to early November (or a too-low handle in a base starting in September). [Auto Manufacturers industry group](https://research.investors.com/stock-checkup/nasdaq-tesla-tsla.aspx). The CFO added Tesla is working on "Robo Taxi" variants of the next generation platform. His "Master Plan 3" includes $10 trillion in capital expenditures to cover mining and refining raw materials along with developing storage and vehicle batteries. The CEO outlined his plan for the future of energy and throughout the event, Tesla executives touted cost reduction plans. Musk's ambitious plan calls for a total switch to EVs and $10 trillion in spending to create a "sustainable energy future." Tesla will offer a retail electricity plan to people who own Tesla vehicles where customers can have unlimited overnight home charging for $30 per month.

At Tesla's "Investor Day" presentation today Master Plan 3 Musk pushes the message of abundance — we can save the planet without austerity, we could handle ...

Tesla claims FSD users are having one crash per 3.2M miles, and they compare it to 500,000 miles for ordinary drivers, but this is similar to the report they give on Autopilot, which is essentially a lie, because they report airbag deployments for Autpilot, while the 500,000 mile number is for police reported crashes. Tesla doesn’t just have complete over the air software updating for all parts of their car, something the rest of the industry has been late to learn, they also do a lot of monitoring in order to design future cars. Tesla showed how they are leveraging their fleet to train their AI. However, they did show a chart showing how much less the total cost of ownership will be for their new generation vehicle compared to a model 3 or Corolla, and the numbers were good. They promise their new V4 chargers (now being deployed in Europe) will have longer cords that can reach more cars. Tesla tries to avoid that and build its own components, so it can learn from them and improve them. For example, they used the data they got from every crash with a Tesla to design the cars to do better in crashes. Others have worked out the math of a fully renewable energy economy before, but Tesla has actually done more real work to bring it about, so it’s good to see them dedicated to it. They outlined plans about how it’s not that hard or expensive to convert several major sectors of the economy to renewable forms with combinations of storage (batteries), renewable power (solar/wind) and manufacturing expense. In addition, they are just using a general network bus rather than lots of individual wiring, beyond what Canbus has done. If $10T seems a lot, we’ve spent $14T in the last 20 years on the fossil fuel economy. While past master plans have always made mention of converting the world to renewable energy but mostly talked about how cars would do this.

Elon Musk and numerous other Tesla executives presented their vision of a clean energy future at the Tesla Investor Day event.

Yahoo Finance autos reporter Pras Subramanian highlights what to expect from Tesla CEO Elon Musk's "Master Plan 3" roadmap on the EV maker's investor day, ...

A lack of key details at Tesla's Investor Day could result in short-term selling. Read more to see the key takeaways from the event.

I have listened to many of Tesla's presentations and quarterly earnings calls, and this one was perhaps the most painful. Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. As a result, there was no official announcement of a share repurchase plan that would at least offset some of the dilution investors are facing over time. For now, however, the plan is to build the business, and then return capital afterwards. However, there was some disappointment that no official timeline was given, and Tesla didn't update on the price of the vehicle. Management said that this next generation platform will get a proper reveal in the future, but again, there was no timeline provided for when that will be. Tesla did use the event to show off its latest Cybertruck prototype and focused on some of its key features. There was no timeline provided for this project, but this factory will be used for the next generation vehicle platform. There also wasn't a major discussion about FSD Hardware version 4 or whether or not it is in cars yet, so perhaps an official announcement about that will come in the coming weeks or months. There were hopes that more concrete information would be delivered Wednesday about the robo-taxi platform and service, but we didn't get a lot of details outside of how FSD and Autopilot have improved over the years. Since the event was announced a few months ago, everyone has been waiting to hear about the company's next generation vehicle platform, as well as other items that will be key for shareholders going forward. On the EV side, Tesla believes its next generation vehicle can be produced for 50% less, which then will allow it to become more affordable.

CEO Elon Musk didn't unveil the next-generation vehicle platform or car. Instead, he and his colleagues spent a lot of time talking about operational ...

- Tesla used the event to showcase its deep bench of executive talent, including people that we have never heard from before. The shares declined in after-hours trading. - Musk confirmed that Tesla will build its next auto plant in Mexico, near Monterrey, but didn’t provide any fresh details except that the next-generation car will be built there.

More than a dozen Tesla executives took the stage at the company's Investor Day on Wednesday, a departure from its previous such events where Elon Musk ...

He said a video Tesla used to promote its self-driving technology was staged to show capabilities like stopping at a red light that the system did not have. The former director of design for Mazda North America joined Tesla in 2008. He joined Tesla in 2006. Baglino is in charge of Tesla's efforts to produce its own batteries, the so-called 4680 cells, and he took the stage several times at the Investor Day event. He become CFO of Tesla in 2019, at age 34, nine years after joining Tesla. Moravy heads a team of engineers, technicians, and analysts in charge of vehicle hardware design, his LinkedIn profile shows.

Elon Musk's latest master plan for Tesla Inc. fell flat as the electric-car maker shared scant details about next-generation models that will underpin its ...

On the company's investor day on Wednesday (March 1), engineers from Tesla disclosed their plans to reduce assembly costs in future car generations by 50 ...

In addition to Elon Musk, the company's public face, the presentation included more than a dozen other Tesla officials, including Tom Zhu, the new global production leader. Peter Bannon, a Tesla executive, illustrated how the company uses data to save expenses. Musk said the key to driving Tesla's sales volume would be bringing prices down for consumers, adding that tesla's discounts offered this year had stoked demand.

Tesla (Nasdaq: TSLA) shares fell more than 5% in after-hours trading on Wednesday following the electric vehicle maker's 2023 Investor Day presentation in ...

That may be happening now in Texas, and it corresponds to a long-ago transition in the mobile-phone market, from set numbers of minutes per month to unlimited contracts. At a press conference on Tuesday before of the 2023 Investor Day, Mexico President Andres Manuel Lopez Obrador announced that Tesla had decided to establish a big facility in Monterrey, Mexico. The talk then moved on to vehicle design and discussion of the generation 3 vehicle. and pass down that value to our customers.” The author has no securities or affiliations related to this organization. Tesla charging leader Rebecca Tinucci stated that the business will supply 9 terawatt hours across all charging methods in 2022, including home charging and 40,000 Superchargers. This type of architecture, according to Tesla, will decrease costs by 50% and lower plant footprint by 40% – all as part of the generation 3 platform design. Elon Musk, Tesla’s CEO, took the stage to describe his “Master Plan 3” and how the company aims to scale up in the face of increased competition. “What we’re trying to convey is a message of hope and optimism.” Production is expected to begin in 2024. Then less than 7 months to build the 4 millionth,” he touted. Tesla shares have somehow recovered from its tumble in 2022 and are up more than 88% year-to-date.

Tesla shares fell 7% in pre-market trading Thursday, despite a positive analyst reaction to Elon Musk's investor day presentation.

Musk presented the third installment of his "Master Plan," an update to his ambitious 2016 Master Plan Part Deux. Jonas has an overweight rating and set a $220 price target for the stock. Musk and his executives reiterated a 2030 production target of 20 million vehicles annually at the event, which consisted of a three-hour presentation followed by a question-and-answer session.

Elon Musk's latest master plan for Tesla Inc. fell flat as the electric-car maker shared scant details about next-generation models that will underpin its ...

“But Musk and company failed to put the cherry on top — an actual look at a lower-priced Tesla, if only just conceptually.” The company recently handed over Semi trucks to its first customer and expects to begin producing the Cybertruck this year. Rebecca Tinucci, the head of global charging infrastructure, presented on the “Magic Dock” feature enabling drivers of other EVs to use Tesla’s stations. Musk, 51, confirmed Tesla will build a new plant in Monterrey, Mexico, in what he said was probably the most significant announcement of the day. “We expect that to be a huge-volume product.” But Musk and the executives who joined him on stage wrapped Tesla’s investor day without giving a glimpse of cheaper EVs that may still be years away.

Tesla shares tumbled after its investor day, in which CEO Elon Musk shared the company's Master Plan 3 but offered few details on future models.

"One of the biggest pushbacks we get from investors relative to our bullish stance on (Tesla) is 'key executive risk' related to Elon Musk," Stein said in the note. [Musk last year](https://www.youtube.com/watch?v=DnnSKkd2etk&t=3026s) said Telsa was working on a next-generation vehicle, noting that it would be smaller but more affordable than its Model 3 and Model Y. The company plans to use the plant – along with other Tesla factories – to build its next-generation vehicles. [Does Tesla qualify?](https://www.usatoday.com/story/money/taxes/2023/02/05/what-teslas-tax-credit-2023/11120793002/) [AMLO announces Tesla plant coming to northern Mexico](https://www.usatoday.com/story/tech/2023/02/28/tesla-build-plant-monterrey/11365461002/https://www.usatoday.com/story/tech/2023/02/28/tesla-build-plant-monterrey/11365461002/). [tied to Tesla tweets.](https://www.usatoday.com/story/tech/2023/02/03/elon-musk-jury-billionaire-tesla-tweets/11181204002/) Tesla shares closed at $202.77 on Wednesday, down 1.43% from the previous day, and continued to fall in after-hours trading. [Check latest car recalls here.](https://www.usatoday.com/story/money/cars/2023/02/20/nissan-tesla-ram-subaru-ford-cars-recall/11300483002/) Shares Thursday were trading down nearly 7% as of 11:15 a.m. [7,500 stations will open to other EVs.](https://www.usatoday.com/story/money/cars/2023/02/15/tesla-supercharger-ev-network-white-house/11263341002/) The company hinted at future vehicles but said details would come at a later date. [New engineering headquarters to open in state.](https://www.usatoday.com/story/tech/2023/02/24/new-tesla-engineering-headquarters-california/11338673002/)

Elon Musk is one of the best engineers in the world. But marketing is completely beyond him. All his companies have succeeded because of technical brilliance, ...

What the Tesla Investor Day 2023 really was, was a huge marketing failure. It promised an important revelation, the third master plan. [previous report about the day](https://cleantechnica.com/2023/03/01/tesla-secret-masterplan-3-leaking-event/), the goal of the secret master plan was way outside the scope of Tesla. (You should not invest in a company if you do not know something so essential as the goals of the organization.) And here we reach the core problem with this Tesla Investor Day. Before the much awaited Tesla Investor Day on March the 1, 2023, in Austin, Texas, there was much speculation about the revelations that would come from Tesla and Elon Musk.