Tesla Investor Day

Electric-vehicle maker is expected to discuss manufacturing plans, future products.

[Kohl's promo code: 30% off for Kohl's Rewards Members](https://www.wsj.com/coupons/kohls) [15% off American Eagle promo code](https://www.wsj.com/coupons/american-eagle-outfitters) Tesla leadership made their pitch Wednesday at an investor event held at the company’s factory near the Texas capital.

Our investors will be able to see our most advanced production line as well as discuss long term expansion plans, generation 3 platform, capital allocation and ...

Be sure to check out our [homepage](https://electrek.co/)for all the latest news, and follow Electrek on [YouTube channel](https://youtube.com/c/electrekco)for the latest reviews. [subscribing to Electrek on Google News](https://news.google.com/publications/CAAqBwgKMKqD-Qow6c_gAg?ceid=US:en&oc=3). Since the announcement, CEO Elon Musk also confirmed that his Tesla Master Plan Part 3 will be part of the event. [Gigafactory Mexico](https://electrek.co/2023/02/28/tesla-mexico-deal-factory/). [ Investor Day](https://electrek.co/2023/01/02/tesla-announces-investor-day-discuss-new-vehicle-platform/). [Battery Day](https://electrek.co/2020/09/22/tesla-4680-battery-cell-bigger-power-energy/)‘ and ‘ [AI Day’](https://electrek.co/2022/09/30/tesla-ai-day-2022-watch-livestream-news/) to give updates on some of its most important programs and recruit talent to build them.

Tesla held its first-ever Investor Day event on March 1st at the Austin, Texas-based Gigafactory. The company's CEO, Elon Musk, revealed the third part of ...

[Mar 1, 2023, 3:55 PM UTC](/2023/3/1/23620222/tesla-elon-musk-master-plan-cybertruck-investor-day) [Andrew J. [Feb 28, 2023, 5:15 PM UTC](/2023/2/27/23613859/tesla-investor-day-what-to-expect-master-plan-3) [Andrew J. [Mar 1, 2023, 8:40 PM UTC](/2023/3/1/23620733/tesla-investor-day-elon-musk-event-live-blog-news-announcement-master-plan) [Andrew J.

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.

Analysts were eager to see a new Tesla model — specifically, a much cheaper Tesla, one that could make the most popular electric vehicle brand in America ...

the infrastructure is built there," he says. "Tesla had a very, very strong year," says Vince Palomarez of S&P Global Mobility. Palomarez also notes that Tesla owners often install a Tesla charger at their home. Fully $7 trillion of that would be for electric vehicles — the market Tesla revolutionized, and intends to dominate worldwide. Every major automaker now believes that zero-emissions vehicles are the industry's future, and they are racing to catch up with Tesla. He compared it to Apple's proprietary chargers. Tesla also says future vehicles will require no rare earth elements and could incorporate any battery chemistry, making it easier to source raw materials. "Today is not just for investors of Tesla, but anyone who is an investor in Earth," Musk said. That makes it likely that Tesla's share of EV sales will shrink, as more competition comes in. This new "master plan" also nodded to heat pumps and hydrogen for industrial uses. He said Tesla had done the math and the switch would cost $10 trillion, less than the world would spend on fossil fuels over the same timeframe. Lots of researchers, analysts and nonprofit groups have charted out paths to combat climate change.

Tesla Investor Day: Here's Elon Musk's latest 'master plan'. Musk shared his vision to move the world to sustainable energy, but didn't offer much more. By Matt ...

In fact, Musk spent the final moments before Tesla's big first time event [replying(Opens in a new tab)](https://twitter.com/elonmusk/status/1631030915810967552) to Twitter users like right wing influencer @Catturd2. He also [reminisced(Opens in a new tab)](https://twitter.com/elonmusk/status/1631059721368076289) about the time former cable news host Keith Olbermann had to tweet from his dogs' Twitter account after he was temporarily suspended from the platform. [Tweet may have been deleted (opens in a new tab) (Opens in a new tab)] There was also hope that there would be news about a robotaxi. [Master Plan Part Deux(Opens in a new tab)](https://www.tesla.com/blog/master-plan-part-deux), the Tesla CEO shared his vision for a self-driving vehicle that could be rented out to others when you weren't using the car. And, there was a brief mention about going to Mars! The robot was building another bot and moving rather slowly, causing Musk to make a reference to Boston Dynamics' impressive robotics. And while the promised "heavy-duty truck" appears to eventually be on the way in the form of the Cybertruck, it's been 7 years and it's still not on the market quite yet. According to Musk, the automobile industry will eventually move to "full electric and autonomous." [Investor Day(Opens in a new tab)](https://twitter.com/Tesla/status/1631040930269609984) event at its Gigafactory in Austin, Texas, and company CEO Elon Musk unveiled his third big "master plan." A "vast amount of battery energy storage" is needed but not currently available at scale, Musk explained. "There's a clear path to a sustainable energy earth with abundance," he continued.

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

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.

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.

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.

Tesla's investor day took place Wednesday, with company executives -- including Elon Musk -- presenting on a broad range of topics pertaining to the ...

[TESLA TO BUILD A MANUFACTURING PLANT IN MEXICO](https://www.foxbusiness.com/technology/tesla-build-manufacturing-plant-mexico) [4 millionth vehicle](https://www.foxbusiness.com/category/cars). There are plans for offering unlimited overnight home charging to Tesla vehicle owners in Texas. [the company’s](https://www.foxbusiness.com/quote?stockTicker=TSLA) "Master Plan 3" would be unveiled Wednesday – and he did so, at the beginning saying "there is a clear path to a fully sustainable earth with abundance." "Over 50% of our superchargers in Europe are currently open to other electric vehicles," Rebecca Tinucci said. That, according to Tesla chief designer Franz von Holzhausen, will happen at a "later date."

(Bloomberg) -- 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 ...

Elon Musk likes to portray himself as a high-energy visionary, but his heavily touted Tesla Investor Day bored shareholders. Taylor Hill—Getty Images.

“If you listen to any of the earnings calls of Tesla you would have already known 99.9% of this stuff. This was a boring waste of time.” Lot of discussion on production and engineering but didn’t address demand side how to get from 1.8M delivs this year to 20M deliv target by 2030 (% M-3, M-Y, SX, CT, $25K, Robotaxis). Some measure of profit-taking is inevitable given the buildup in anticipation. Currently it’s expected to open about 7% lower. The details were all regurgitated,” he said. [major catalyst](https://fortune.com/2023/01/27/elon-musk-tesla-why-stock-price-rally-reasons/). [promised](https://fortune.com/2022/01/25/elon-musk-tesla-road-map-cybertruck-gigafactory-fsd-china/) by Musk and [not delivered](https://fortune.com/2022/01/28/elon-musk-tesla-robot-shares-botched-update-market-twitter-reaction-fsd/) last January. [Toyota](https://fortune.com/company/toyota-motor/) and [Volkswagen](https://fortune.com/company/volkswagen/), combined: Currently he has the capacity to build just a tenth of that figure. [September’s AI Day](https://fortune.com/2022/09/29/tesla-ai-day-2022-will-elon-musk-finally-unveil-optimus-robot/), built around the unveiling of his Optimus [humanoid robot](https://fortune.com/2022/10/03/tesla-optimus-elon-musk-humanoid-robot-software-ai/), coincided with the start of the stock’s brutal [fourth-quarter slide](https://fortune.com/2022/12/28/tesla-elon-musk-twitter-investors-2023-outlook-demand-china-europe/). Mark my post, next year I won’t hold one share going into event. [stimulate demand](https://fortune.com/2023/01/03/tesla-q4-deliveries-miss-elon-musk-demand-problem-stock-price/).

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.

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/)

CEO Elon Musk unveiled a blueprint for a sustainable energy future — but was short on new company announcements. Steven Porrello. By Steven Porrello.

It then took them 18 months to build the next million and 11 months to build the third. And it's still the largest producer of EVs in the world — even if it’s not achieving all of its ambitious goals. The failure to reveal plans for an affordable EV and other gigafactories won’t sit well with investors. Its stock has rebounded in 2023, rising roughly 87% by the end of trading hours on Wednesday. Investors should expect the stock to be jumpy this week. Aside from the gigafactory in Mexico, Tesla didn’t announce plans to open more plants. Tom Zhu, the company’s manufacturing leader, reminded investors that it took Tesla 12 years to build one million cars. Rather, it was more of a blueprint for industries across the world to replace fossil fuel with renewable energy. During a Q&A session, Musk confirmed that the company was building a gigafactory in Mexico. Many investors were anticipating the announcement of a sub-$35,000 model. Anticipation was high, as investors expected the company to reveal new vehicles and plans to build additional gigafactories. And while some parts were exciting — like footage of Tesla robots building another Tesla robot — the company didn’t give concrete details on new products and was vague on release dates for others.