Elon Musk and Tesla have been revolutionizing the automotive industry for the last decade, and their most recent announcement is no exception. It’s Investor Day 2023, and this event could possibly change everything. At the event, Tesla will be unveiling its first fully autonomous car — a completely driverless vehicle that will use cutting-edge technology to navigate roads without any human intervention whatsoever. This groundbreaking achievement has many people wondering what other advances in technology we can expect from Tesla in the future. In this blog post, we’ll take a look at what investors can expect from Tesla in 2023 and beyond. We’ll also explore how this new technology could potentially change the way we drive forever and what implications it may have on our current automobile industry as well as our everyday lives.
What is Tesla Investor Day?
Tesla’s Investor Day is an event held annually to give shareholders and investors an update on the company’s performance and future plans. This year’s event was held on May 31st, 2018.
At the event, Tesla CEO Elon Musk and other executives talked about the company’s new product plans, including the Tesla Model Y SUV and the Tesla Semi truck. They also discussed Tesla’s plans to ramp up production of its existing vehicles, like the Model 3 sedan.
Musk said that Tesla is on track to produce 500,000 cars per year by 2018, which is double its previous target. He also announced that the company will be building a new factory in China.
The event was well-received by investors, and Tesla’s stock price rose after it was over.
Why is Tesla Investor Day Important?
Tesla Investor Day is important because it gives investors a chance to hear directly from Tesla CEO Elon Musk and other Tesla executives about the company’s strategy and future plans. It also provides an opportunity for analysts and reporters to ask questions and get more insight into Tesla’s business.
What Happened at Previous Tesla Investor Days?
In previous Tesla investor days, the company has provided an update on its business, discussed its financials, and given guidance for the future. This year’s event is likely to be similar, with a focus on Tesla’s plans for the next few years. Some of the topics that could be covered include:
-An update on Tesla’s production plans, including the ramp up of production at its Gigafactory in Nevada
-An update on Tesla’s vehicle lineup, including new models in development
-A look at Tesla’s energy business, including its Powerwall home battery and solar roof tiles
-Tesla’s plans for autonomous driving, including its progress with developing self-driving software and hardware
Investors will also be looking for guidance on Tesla’s financials. The company has been burning through cash in recent quarters, and it will need to raise more money if it wants to continue growing at its current pace. Some of the key questions investors will be hoping to get answers to include:
-How much cash does Tesla have on hand?
-When does Tesla expect to be profitable?
-How much debt does Tesla have?
-What are Tesla’s plans for raising more capital?