Tesla Investor Day to Reveal Key Details About Next-Gen Platform, Impo

Image: Tesla

Bernstein expects to get as many details as possible concerning the third generation platform, which is on account of be revealed during Tesla Investor Day on March 1. The firm doesn’t expect to announce a automobile on the brand new platform throughout the event, but the data on the timing of its appearance may be very necessary.

Bernstein believes that crucial topic for Tesla related to Investor Day, which can be held on March 1, 2023 at Giga Texas, is the status of its next-generation cheaper automobile platform. The firm isn’t expecting a product announcement, but analysts of the corporate would love to receive additional details about pricing, offerings, and particularly timing, which is crucial for the long run development of the corporate.

Earlier, Tesla CEO Elon Musk said that the brand new model will appear when a platform is developed that gives a low enough cost of production to sell it at a low price. It will ensure a major increase in each production and sales since the automobile will turn into available to a wider range of consumers. Bernstein believes that even assuming that Tesla has a totally finished automobile design, it might still take 1.5 to 2 years for the corporate to start deliveries of any meaningful volume.

As well as, the firm’s analysts expect that, during Investor’s Day, Tesla will discuss the expansion of its own 4680 battery production, Cybertruck’s market entry strategy, expansion of the corporate’s manufacturing facilities, energy storage growth, capital allocation, and the next-generation vehicle platform. All this is an element of Musk’s Master Plan 3, which can be presented throughout the event.

“As investor sentiment has rebounded, a brand new Tesla bull case has emerged arguing that Tesla has a durable structural cost advantage, which is able to allow it to capture outsized volume and dominate the EV market with favorable economics over the long run,” Bernstein wrote.

© 2023, Eva Fox | Tesmanian. All rights reserved.


We appreciate your readership! Please share your thoughts within the comment section below.

Legal Disclaimer —

This text is for informational purposes only. You need to not construe any such information or other material as an investment, financial, or other advice. Nothing contained in this text constitutes a solicitation, suggestion, endorsement, or offer by Eva Fox, Tesmanian, or any third party service provider to purchase or sell any securities or other financial instruments on this or in some other jurisdiction during which such solicitation or offer could be illegal under the securities laws of such jurisdiction.

Eva Fox holds zero shares of Tesla, Inc., and currently (on the time of this text’s publishing) holds zero options or securities in Tesla Inc. and/or its affiliates.

Recent Articles

Related Stories

Leave A Reply

Please enter your comment!
Please enter your name here

Get the daily news directly in your inbox