Business

Tesla CEO Musk signals Part 3 of Master Plan is ready

February 16, 2023 11:06 am

Elon Musk attends the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany.

Chief Executive Elon Musk promises to unveil a third part of his Master Plan on March 1, in which he has set out bold goals for the growth of the electric-car maker.

PART I (2006) – THE SECRET TESLA MOTORS MASTER PLAN (JUST BETWEEN YOU AND ME):

BUILD SPORTS CAR AND AFFORDABLE EVs

Before Tesla put out its first production car, Musk set expectations for three: a sports car, a cheaper four-door family car and an even more affordable third model.

Article continues after advertisement

The plan was unveiled in 2006 and the first model, the Roadster sports car, rolled out in 2008 at a price of $89,000. In 2012, Tesla launched the Model S at a base price of $57,400, and five years later, it released the Model 3 at a then price of $35,000.

The plan did not mention Model X, which was released in 2015.