Elon Musk teases two new EVs, says Tesla is already constructing one

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Elon Musk teases two new EVs, says Tesla is already constructing one


Tesla CEO Elon Musk teased two new electrical automobiles Tuesday on the automaker’s 2023 annual shareholder’s assembly. The billionaire government even claimed that Tesla is already within the technique of constructing a brand new product.

“I just want to emphasize that we are actually building a new product,” stated Musk. “We are actually designing a new product. We’re not sitting on our hands here.”

Musk went on to say that there are two new merchandise within the pipeline, and that “both the design of the products and the manufacturing techniques are head and shoulders above anything else that is present in the industry.”

As the CEO spoke, a rendered picture of a car silhouette appeared on the display behind him, giving the viewers a teaser of one of many automobiles. It’s potential that car is likely to be the $25,000 hatchback that Musk talked about again in 2020 throughout the company’s battery day. He stated this assembly wasn’t the place to make a brand new product announcement, and that there could be a correct product launch ultimately.

Musk wasn’t clear on stage what he meant by “building” the car. It’s seemingly {that a} prototype is being constructed, relatively than a manufacturing quantity car.

Tesla future lineup investor day 2023

Screenshot from Tesla Investor Day 2023 presentation teasing two new automobiles. Image Credit: Tesla/Screenshot

Tesla beforehand teased two new fashions at its Investor Day in March, displaying a photograph with Tesla’s complete lineup and two unveiled automobile outlines. One of the automobiles appeared to be the scale of a van and the opposite the scale of a sedan or hatchback. Both are anticipated to be extra inexpensive automobiles that promote at a lot larger volumes.

“Elon’s guess is that we’ll probably make in excess of 5 million units per year of these two models combined,” stated Musk.

During Investor Day, Tesla additionally confirmed plans to construct a gigafactory in Mexico, which is the place many have speculated that manufacturing of the hatchback, generally known as the “Model 2” by Tesla followers, can be constructed.

There has been some hypothesis that the second car Musk teased would be the robotaxi he has referred to prior to now. An viewers member requested Musk for an replace on Teslas getting used for ride-share, and Musk responded that ride-share “will not really be relevant in the self-driving world.”

The government went on to say that Tesla is getting near attaining full self-driving, one thing Musk has claimed a number of instances over the previous a number of years.

During the shareholder assembly, Tesla additionally introduced that former CTO JB Straubel will return to the automaker’s board and that the corporate goals to attempt some conventional promoting strategies to advertise new options.

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