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Elon Musk Says Tesla Master Plan 4 Will Be Epic

Elon Musk stated on social media site X that the company is working on Tesla (NASDAQ:TSLA) Master Plan 4. "It will be epic," he previewed. Master plans have been a core element of the long-term bull t

Elon Musk Says Tesla Master Plan 4 Will Be Epic

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Master plans have been a core element of the long-term bull thesis on Tesla (TSLA) for 18 years. Tesla's (TSLA) Master Plan 1 unveiled in 2006 included: (1) build a high-end fully electric sports car (Roadster) to fund development, (2) use the revenue to build an affordable electric car (Model S/X), (3) use that money to build an even more affordable electric vehicle (Model 3/Y), and (4) provide solar power generation options (SolarCity acquisition). The ultimate goal was to create a vertically integrated company that builds electric vehicles, batteries, and solar panels to enable a sustainable energy ecosystem. Master Plan 2 released in 2016 called for: (1) integrating energy generation and storage from SolarCity into Tesla, (2) expand to cover the major forms of terrestrial transport (cars, trucks, buses), (3) develop self-driving capability that is 10X safer than manual driving, and (4) enable your car to make money for you when you aren't using it (Tesla Network). 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