After the announcement of the first details a year ago and after a preview just a few weeks ago, Elon Musk officially unveiled its third master plan for Tesla, where he details the company’s overall strategy for the coming years. During an Investor Day held at the Gigafactory in Texas, the tycoon reaffirmed his intention to create a “sustainable energy civilization”, move away from fossil fuels and build a more efficient car production line.
Musk, in particular, plans to invest $10 billion to create a more sustainable future through a five-step plan. The first and one of the most ambitious is generate more renewable energy into the existing grid and therefore increase the energy storage capacity by 240 teraWatt (TWh).
Elon Musk claims that there is no need to “destroy the natural habitat” in this. In fact, it stands out that he only needs 30 percent of the nickel on Earth, as well as metal, a material that abounds on the planet. It will also use wind and solar energy as necessary infrastructure, and it is specified that this will take up “less than 0.2 percent” of the Earth’s surface.
The second step of Tesla’s third master plan is switch to electric vehicles. Elon Musk actually hopes that in the coming years, ICE cars will become something like “riding a horse” or “using a foldable smartphone,” he joked. To achieve this goal, Tesla will make changes to its manufacturing strategy with a more efficient manufacturing process called the Unboxed Process. It consists of assembling all parts of the car on one assembly line and painting only the necessary components, which will help to reduce costs.
Elon Musk wants planes and ships to run on sustainable fuel
Elon Musk is also looking to get households to use heat pumps in homes and businesses, and to expand the use of high-temperature heat and hydrogen in industry. The fifth and final point of the plan is that Airplanes and ships run on environmentally friendly fuel.
While Tesla hasn’t officially confirmed it’s working on an electric car that’s cheaper than the Model 3 again, the company has shown off the arrival two new electric vehicles in your catalog; without revealing, yes, its release date. One of these canvas-covered models is most likely the $25,000 rumored Model 2.
In parallel, Elon Musk confirmed during Investor Day that Tesla Cybertruck will appear later this year. In fact, a powerful electric car has been spotted at the Gigafactory in Texas with some curious new features inside.
Source: Hiper Textual
I’m Blaine Morgan, an experienced journalist and writer with over 8 years of experience in the tech industry. My expertise lies in writing about technology news and trends, covering everything from cutting-edge gadgets to emerging software developments. I’ve written for several leading publications including Gadget Onus where I am an author.
