Elon Musk: Part 2 of Tesla "Master Plan" Coming This Week

This Monday, Elon Musk, co-founder of Tesla Motors, announced on Twitter that he would be publishing the results of his work on a “Master Plan part 2” later this week. This comes a decade after he unveiled a “master plan” to turn Tesla Motors into a powerhouse.  So this tweet brings about a lot of speculations on what will be coming from Musk’s drawing board.

This comes during a moment where Tesla Motors has been in the middle of a controversy surrounding their autopilot vehicle.  A driver of a Model S died in an accident while the car was on autopilot.  This brought about a high profile feud between Musk and Fortune Magazine, which has pronounced itself skeptical with Tesla’s autopilot technology.  Musk responded through social media and the company even published a blog post titled “Misfortune”.

The other storm surrounding Tesla is their acquisition of alternative energy company SolarCity.  This was not really applauded by Wall Street.  Last week, Musk said that they had only delivered 78% of the cars built in the second quarter.  There are still conversations on whether or not this was a profitable deal for Tesla. To top it off, there have been questions of nepotism since Musk is cousin of both co-founders of SolarCity.

Now this new announcement by the electric car maker actually started some serious speculations. Tesla’s shares went up 4% higher that same Monday when Musk tweeted the mystery plan.

In 2006, Musk published a blog post giving details of his first master plan. In it, he explained the vision for the automaker.  He gave details on the plan to increase the value of Tesla. Ten years later, after making the company worth $33 billion, one can say that the plan played out pretty well. Hence, there is a lot of expectation on what Musk may reveal about this “Master Plan, part 2”.

 

On Your Fingertips

2019 Ford Mustang GT California Special

Ford announced that it would be releasing a 2019 Mustang GT California Special. The new model will have a new audio system and high-tech handling features. Ford produced the first California Special in 1968. It was inspired by the 1967 Shelby GT coupe prototype. It was a limited edition model, just…

2018.5 Nissan Rogue Sport Design

The 2018.5 Nissan Rogue Sport – while sharing the Rogue name, platform and numerous advanced safety and security features – stands on its own as a stylish, nimble, fun-to-drive and affordable compact SUV. Automatic Emergency Braking (AEB), Blind Spot Warning (BSW) and Rear Cross Traffic…

BMW Automated Parking - getting into parking space

The BMW Group’s campus for autonomous driving is a state-of-the-art centre of excellence that covers every base when it comes to offering greater capacity for innovation and increased development efficiency – and ultimately securing the company’s future sustainability. 15 months…

2019 Chevrolet Spark Design Preview

An updated face and new available active safety technology for the 2019 Spark add attitude and purpose to Chevrolet’s feisty, segment sales-leading mini-car. Spark’s fresh front-end styling takes its cues from the Chevrolet line, while new, available Low Speed Forward Automatic Braking1…

Toyota and Mazda will share auto plant in Alabama

Toyota Motor Corp and Mazda Motor Corp have chosen Alabama as the site of their new $1.6 billion auto plant. This is a huge win for President Donald Trump, who had been lobbying manufacturers to focus on building their facilities in the United States or else face an increased tariff by continuing…