A low-priced car is expected to be the centrepiece of Tesla CEO Elon Musk’s ‘Master Plan Part Three’, which he will offer at an ‘Investor Day’ on Wednesday
Tesla Chief Executive Elon Musk has for years teased the world with his dream of an affordable electric car. This week, fans hope, he will explain what he has in mind – and perhaps how he can afford to build it.
“The formula for decoding Musk is pretty simple. Take whatever time frame he has, and multiply it by two,” said Gene Munster, Managing Partner at Deepwater Asset Management, which owns Tesla shares. A recent Tesla engineering video showed a small car with typical Tesla curves that was assumed by company watchers to be a Model 2 sketch.
The fundamental determinant “of the rate at which we can transition to sustainability is the rate at which we can grow the output of lithium ion batteries,” he said in the interview.
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