Here\u0027s a preview of what\u0027s to come from Elon Musk for Tesla Inc.\u0027s next phase of growth. Find out more.
A cheaper Tesla
The earliest Tesla may be able to produce a model off this platform in volume is 2025, Toni Sacconaghi, a Bernstein analyst with the equivalent of a sell rating on the stock, said in a Feb. 22 report. The company launched the Roadster, Model S, Model X and Semi behind schedule, and it has yet to deliver the Cybertruck unveiled more than three years ago.Article contentAnother ambition Musk has had trouble following through with is producing batteries in-house.
Laying out plans to scale the battery business also could mean Musk fleshes out more of his strategy for sourcing raw materials. The CEO has already confirmed plans to refine lithium in Texas, and Tesla has been mulling a takeover of miner Sigma Lithium Corp., Bloomberg reported last month.Article contentMusk in 2016 wrote that all Teslas were about to have the hardware necessary to navigate streets on their own.
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