Elon Musk revealed the Tesla’s second master plan after ten years of revealing the road map for the company. Originally, the plan was called a 4-step process, which involves building low volume cars, medium volume cars at lower price, developing high volume car at an affordable rate. And the fourth step was to create solar power to clients, which is something that majority of people did not think about until the offer to purchase SolarCity. Tesla has been in the world of transportation for several years. However, things are changing at the company.
The new version of Tesla master plan is not quite as procedural as the previous one. Musk likes to build more infrastructures around electric cars. He wants an integrated solar production in the private homes. He also wants electric cars in each major automotive segment and also wishes to increase an autonomous vehicle safety by a factor of 10 and he wishes to utilize your fully autonomous Tesla as part of the ride-sharing system, which will earn you more money when you are not using cars.
The plan does not go into much detail regarding the acquisition of SolarCity aside from the Powerwall home energy storage system will be integrated into SolarCity solar roof system.
In terms of vehicles, Musk does not think Tesla will have to build lower-cost vehicles compared to Model 3 because two things are important. One of these is that the company desperately requires to scale up the volume of production, which is something it is cognizant of and important to bring in several positive cash flow. The second thing is that Tesla is making both high passenger-density urban transport and heavy duty trucks. They are planning to unveil these next year.
Tesla also believes that people will shrink the vehicle’s size and get rid of their human operators, which is welcome news to the fleet managers as well as logistics folks, yet less so to bus and truck drivers. There is a logic to it as connected and autonomous public transportation as well as cargo delivery might be controlled either in a distributed or centrally fashion for minimum congestion and maximum efficiency.
Tesla also remains resolute that deploying autopilot in its beta form was the right thing to do, claiming once used properly, it is much safe compared to a typical human operator. Tesla claims that it would be reprehensible to delay the release simply for some legal liability’s mercantile calculation or fear or bad press. People should not expect that autopilot will go away, yet they should expect to see a beta label once it was introduced in the market.
If you are not driving a fully autonomous vehicle as of the moment, Tesla wishes to make it possible for you to rent this out to some users. Tesla will operate fleets in the places where it is not practical based on demand. As of now, there’s more commentary and analysis to come with the future of Tesla.