Tesla's Elon Musk teases key excerpts from Master Plan Part 3 — it's a lot more ambitious

It appears that Tesla CEO Elon Musk’s “Master Plan Part 3” will be his most ambitious yet. This time around, the CEO’s master plan won’t just focus on Tesla’s capabilities as a company. Musk’s other ventures, such as SpaceX and The Boring Company, will also play a role in the CEO’s third grand vision.

Musk recently shared an outline of his Master Plan Part 3 on Twitter, noting that the main Tesla theme of the new initiative includes getting the electric vehicle and energy storage company to “extreme size.” Musk also specifically mentioned the company’s AI projects, alluding to Tesla’s idea of ​​becoming a company focused on artificial intelligence.

More importantly, Musk also said that Master Plan Part 3 will have sections about SpaceX and The Boring Company. The CEO didn’t elaborate on the topic, but it wouldn’t be surprising if Musk’s new master plan outlines how each of his companies can work together toward a unified goal.

“The main Tesla topics will be scaled to the extreme size that is needed to move humanity away from fossil fuels and AI. But I will also include sections about SpaceX, Tesla and The Boring Company,” Musk said. wrote, This led to speculation that Musk may be exploring the idea of ​​setting up a parent company for his primary ventures.

Elon Musk had previously responded positively to the idea of ​​creating a holding company for his various projects, with the CEO saying back in December 2020 that a parent company to Tesla, SpaceX, Neuralink and The Boring Company was a “good idea”. In a way, an umbrella company for Musk’s ventures makes sense, given that they are all designed to advance humanity.

Musk’s third master plan comes at a time when Tesla has already matured into a veteran electric vehicle maker, dominating the market with its premium EVs. Interestingly, the Master Plan Part 3 is also coming at a time when even the Master Plan Part Dex is not fully completed. The master plan was published in Part Deux 2016, and it outlined plans for the company to enter all vehicle segments, ramp up solar roof installation, and deploy autonomous driving solutions.

As of yet, Tesla has not started deliveries of its Semi and Cybertruck, and the company has yet to launch vehicles in other segments such as vans. Solar roof installations have also proved more challenging than expected, and autonomous driving has proven itself extremely elusive. Tesla is making progress on each of Musk’s goals outlined in the Master Plan Part Dex, but it will still take some time to fully accomplish them.

Don’t hesitate to contact us with news tips. send a message to simon@teslarati.com to give us a head.

Tesla’s Elon Musk teases key excerpts from Master Plan Part 3 — it’s a lot more ambitious






Comments

Post a Comment

Popular posts from this blog

Tesla Model Y welcomed by Kansas PD, expected to give cost savings – Elon Musk - Elon Musk

In a recent press release, the Leawood Police Department in Kansas announced that it had acquired a Tesla Model Y Long Range for its fleet. The vehicle would be used as one of the Leawood PD’s patrol cars. The Model Y has already been painted in the Leawood PD’s black and white colors. The department noted that they started looking into the idea of an all-electric patrol car last year after seeing dismal reviews of available hybrid patrol cars. Captain Kirt Yoder, the agency’s project manager, noted that Tesla Kansas had been quite helpful. “I ended up contacting about ten agencies from New York to California. Tesla-Kansas City was great. They were eager to help and answer all our questions,” he said. Apart from being a green vehicle, the Model Y is also expected to give the Leawood Police Department substantial cost savings. Over a year ago, a cost comparison already showed that the department’s Ford Explorer patrol SUV would cost about $4,500 per year to run. That was a time w...
Read more

Tesla Autopilot workers confirm mass layoff in San Mateo office – Elon Musk - Elon Musk

Image
Tesla’s mass layoffs reached the Autopilot team in San Mateo. Autopilot workers have started posting the news on LinkedIn.  People familiar with the matter told  Bloomberg  that Tesla laid off about 200 Autopilot workers from its San Mateo office. San Mateo had around 350 employees before the recent layoffs. Tesla transferred some of the San Mateo staff to a nearby facility in previous weeks.  The Autopilot team in San Mateo worked on customer vehicle data, specifically data labeling, for Tesla’s autonomous driver assistance features. According to a source, most of the employees Tesla laid off were hourly workers from the Autopilot Team. Most of the San Mateo office staff were data annotation specialists who held hourly positions.  One data annotation specialist, Caesar Rosas, shared that he received the news of Tesla’s layoffs recently. He stated that almost everyone working at Tesla’s San Mateo branch was laid off, adding that he didn’t get to s...
Read more

Sen. Joe Manchin blasts EV tax credit expansion, calls for hydrogen development

West Virginia Democrat Joe Manchin blasted a potential expansion of the electric vehicle (EV) tax credit on Thursday, while also calling for the development of the hydrogen sector to decarbonize the transportation industry. Manchin, who called a Biden administration proposal to broaden the EV tax credit program “ludicrous,” said the waiting period for EVs right now is already so long that there is no point to offering more money to incentivize consumers to buy a battery-powered car. “There is a waiting list for EVs right now, with the fuel prices, but they still want us to throw a $5,000, or $7,000 or $12,000 credit for us to buy electric vehicles,” said during a Thursday Senate budget hearing. Manchin added that production volumes of EVs are far away from fulfilling current demand levels, so it would be ridiculous to offer additional funding to the programs. It is evident that EVs are becoming more popular, and with automakers in nearly all situations relating to EVs still workin...
Read more