Tesla CEO Elon Musk was entrance and heart for his firm’s most up-to-date Investor Day occasion and he supplied some restricted glimpses of the place Tesla is heading and what the way forward for electrical transportation holds.
Musk laid out his firm’s newest “Grasp Plan,” which features a new gigafactory in Monterrey, Mexico the place Tesla’s next-generation of automobiles will probably be produced. Tesla stated the plant may assist elevate manufacturing throughout all the firm’s services to a mixed 3.5 million automobiles per 12 months. The Mexico plant will probably be constructed to deal with manufacturing for Tesla’s upcoming lower-cost mannequin.
Simply how low will the prices get for the following technology of Teslas? The corporate stated it plans to chop costs in half with the assistance of latest manufacturing methods. Meaning, because the Related Press factors out, a model new Tesla may begin out round $25,000 sooner or later.
To help a future full of electrical automobiles, Musk envisioned the street towards full sustainable power on Earth by 2050.
“You may help a civilization a lot larger than Earth…and I am simply usually shocked and shocked by how few individuals notice this,” Musk stated, in line with Engadget.
That sustainable power future would require 240 terraWatt hours (TWH) of power storage and 30 TWH of renewable energy technology, which Musk stated would require a roughly $10 trillion funding. However even with all that capability, he stated the plan would require solely 0.2 p.c of the world’s land space to accommodate the mandatory photo voltaic and wind energy infrastructure.
Musk appeared assured that each one vehicles will absolutely go electrical and autonomous and predicted that inner combustion engine automobiles “will quickly be seen in the identical disdain because the horse and buggy.” He stated plane and ships can even seemingly go absolutely electrical sooner or later, however rockets would be the one exception that continues to depend on burning gas.