class=”sc-3778e872-0 gWjAEa”>
Many things work differently at Tesla than at traditional automakers. Yet the American electric car pioneer is becoming more and more like them, even if Tesla boss Elon Musk (51) doesn’t like to hear it. He calls his annual press conference “Investor Day” or sometimes “Battery Day,” but at the end he only talks about how well his company is doing and where the road should go in the next few years.
Tesla has a great factor that many automakers can only dream of. But even Tesla’s composure is slowly losing its shine. The cars are now selling so well that the company has been making a profit for several years. Model 3 and Model Y in particular are now ubiquitous on our streets. A Tesla model has topped the Swiss sales charts in the last two years – the Model 3 in 2021, the Model Y last year.
Master plan 3 expected
Despite this growing normality, the fan community of the US electricity producer is eagerly awaiting the “Tesla Days”, and the news that has been announced with great fanfare is troubling. And Musk doesn’t want to disappoint his followers, promising a “message of hope and optimism” ahead of the current Investor Day. Rumor has it he wanted to announce master plan 3.
However, Musk owes this appearance in the coming years to the event that took place in Texas (USA). And man seeks in vain the hope promised in his message. There are two covered cars on stage, but none of them have been revealed. Musk has announced Tesla’s baby Model Q, which will be built in Mexico and starts at $25,000. But once the new entry-level model hits the market, the busy billionaire will continue to be the culprit. Maybe it’s better that way because we’re still waiting for the roadsters and cyber trucks promised centuries ago.
New drive and charging technology
After all, Musk is announcing a new propulsion unit: It should be able to be combined with any battery chemistry, be about $1,000 cheaper, use 75 percent less silicon carbide (SiC) chips, and electric motors should no longer need rare earths. Minor technical improvements as we know from other manufacturers if they can’t offer new models.
Finally, Elon Musk loses a few words about the ecosystem surrounding the electric car and how renewable energies can be used most efficiently. Tesla relies on local energy storage like the Powerwall and wants to develop cars that can be connected to the electric grid via Vehicle-to-Grid (V2G) by 2025. While Musk himself doesn’t see much point in this: “I don’t think many people will use dual charging unless they have a power wall. Because when they unplug their car, their house stays dark. And that’s extremely impractical.”
disappointed investors
All in all, this year’s Investor Day is a pretty standard Musk show with no surprises. Tesla has achieved the normalization of the auto industry. Investors are accordingly disappointed, and Tesla shares are already falling rather than rising as hoped.
The European automaker has proven that Tesla has not yet completely lost its wealth of creative ideas. Since freight carriers for cars are currently scarce, the electric brand has chartered a 450-car ferry from shipping company TT-Line to ship finished electric vehicles from Belgium to Scandinavia. After last week’s trip, another transport is planned for next week, without the need to ferry again for TT-Line Easter cruise traffic.
Source: Blick
I’m Ella Sammie, author specializing in the Technology sector. I have been writing for 24 Instatnt News since 2020, and am passionate about staying up to date with the latest developments in this ever-changing industry.
