It's Tesla Investor Day 2023: Here's what's in Elon Musk's Master Plan 3
Published Mar 1st, 2023 4:46PM ESTIt’s Tesla Investor Day and that means it’s time to talk about Elon Musk’s Master Plan 3., the plan is being unveiled at Tesla’s Investor Day event. At the event, Musk unveiled Master Plan 3, which focuses on how to turn Earth , into a completely sustainable planet in terms of power generation and usage. It’s a bold plan, perhaps the boldest, but that’s what Tesla is looking at when it comes to a macro level.
It also says that, based on current technology, the resources exist to make such a switch. The cost to do all of this is estimated to be around $10 trillion. Elon Musk said that not only investors in Tesla, but “investors in Earth,” should contribute to making this happen.Tesla also announced that it is changing the way that it assembles its vehicles. While the current process involves a bunch of parts coming together, being pulled apart, and then bringing them back together again.
The presenters said that they will be talking about this mysterious car “at a later date.” The company also reiterated that the Cybertruck will be launching in 2023, echoingThe company also teased a new drive unit, saying that it will be $1000 cheaper to build, take up less factory space, accept any battery chemistry, and allow the company to scale with an even more affordable vehicle. It also teased a “next generation permanent magnet motor” that will use zero rare earth materials.
While it did not unveil the specifics of this drive unit, it will likely power the next-generation vehicle that Tesla also teased but did not reveal.The company says that, with its next-generation vehicles, it plans to control 100% of the supply chain and the design of the controllers going into its cars.
It also announced that, with the Cybertruck and future vehicles, it plans to switch from 12V to 48V, which will reduce AMP usage by a factor of four. It says that 48V is the “future of low voltage” and asked that other automakers join them to make the switch.
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