Tesla Investor Day 2023: all the news and announcements from Elon Musk’s next ‘M...
source link: https://www.theverge.com/2023/3/1/23621020/tesla-investor-day-announcement-news-master-plan-elon-musk-updates-highlights
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.
Filed under:
Tesla Investor Day 2023: all the news and announcements from Elon Musk’s next ‘Master Plan’ event
Part three of the company’s Master Plan is here.
By Verge Staff
Share this story
Tesla held its first-ever Investor Day event on March 1st at the Austin, Texas-based Gigafactory. The company’s CEO, Elon Musk, revealed the third part of his “Master Plan,” which outlined ways that Tesla would reduce its manufacturing costs and grow to “extreme size.”
Tesla has been buffeted by questions around demand, price, and management — especially in the wake of Musk’s disastrous acquisition of Twitter. But after steep stock declines in 2022, the company appears to be on more solid footing. Tesla slashed the prices for its popular Model 3 and Model Y by as much as 20 percent, which seemed to help attract more customers.
Also, Musk is coming off the heels of a victory of sorts: a California jury found that he was not liable for billions of dollars in damages as a result of his infamous “funding secured” tweet from 2018.
This is where you can find all the news from Tesla’s Investor Day, so be sure to check back as more stories are published.
Recommend
About Joyk
Aggregate valuable and interesting links.
Joyk means Joy of geeK