Tesla's (TSLA) Updated Master Plan Offers Few Surprises - UBS

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Go back to Tesla's (TSLA) Updated Master Plan Offers Few Surprises - UBS

Big price tag seen for Musk's Tesla 'master plan', shares fall

July 21, 2016 7:33 AM EDT

By Paul Lienert and Tenzin Pema

(Reuters) - Elon Musk's latest "master plan" for Tesla Motors Inc (NASDAQ: TSLA) to develop an electric commercial truck, a public bus, a pickup and systems to enable fully autonomous driving could cost $2 billion to $3 billion or more, experts and analysts said Thursday.

Musk did not lay out a budget for his latest strategy, revealed on Wednesday, to expand Tesla into a broader range of vehicle markets as well as ride services and solar energy systems. The Tesla chief executive also did not... More

Tesla (TSLA) Shares Tick Slightly Higher Upon Reveal of Master Plan Part 2

July 21, 2016 6:30 AM EDT

Tesla (Nasdaq: TSLA) shares are indicated slightly higher Thursday after the company posted the second... More

Tesla (TSLA) Announces Second Part of Master Plan; Includes Future Compact SUV, New Pickup Truck (SCTY)

July 21, 2016 5:45 AM EDT

Tesla (NASDAQ: TSLA) posted the following to its Blog on Wednesday night:

The first master plan that I wrote 10 years ago is now in the final stages of completion. It wasn't all that complicated and basically consisted of:

Create a low volume car, which would necessarily be expensiveUse that money to develop a medium volume car at a... More