Tesla's (TSLA) Updated Master Plan Offers Few Surprises - UBS
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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
July 21, 2016 6:30 AM EDT
Tesla (Nasdaq: TSLA) shares are indicated slightly higher Thursday after the company posted the second... More
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...
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