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An Open Letter to Elon Musk: What Tesla Investors Want to See on March 1
As Tesla prepares for Investor Day on March 1 (and Elon Musk completes his latest takeover of Twitter), investors remain anxiously awaiting any announcements or products the company might reveal on that date. We consulted several experts who shared what they expect on Wednesday.
Analysts generally anticipate an update on Tesla's "Generation 3" platform - an affordable robo-taxi vehicle that could expand mass volume growth for the company - along with information regarding operating margin goals and annual battery production metrics.
When Elon Musk introduced the Tesla Model 3 back in 2016, one of his primary goals was to make driving affordable for as many people as possible. Since its release, more than 1.3 million units have been sold - making it the best-selling vehicle worldwide.
Step two is to produce more EVs that can accommodate multiple passengers than the Model 3. Beyond its long-range version (currently offering 260 miles of range), Tesla will offer 220-mile and 240-mile versions, both equipped with its 48-amp onboard charger.
This will allow for longer battery life and faster recharge times than those achieved using the Model 3 with its smaller 32-amp charger, and provide for a more comfortable driving experience due to additional room in the back of the vehicle.
While this might sound complicated and costly to implement, it's actually quite straightforward and cost-effective to accomplish. Simply use an adapter to add two seats to the middle row of your Model X and fold up its rear bench - and voila - you have a third row capable of accommodating seven passengers!
If you're shopping for a larger SUV, the 2022 Tesla Model X may be an excellent option as it boasts impressive range and performance while offering practical design for everyday driving needs.
Additionally, the Model X offers several driver assistance features that can keep you safer behind the wheel, such as collision warnings and automatic braking; as well as lane change assist.
In addition to these features, the Tesla X also offers a Full Self-Driving system which can take control of your car if you're unable to respond quickly enough. While currently only available as an optional feature on Model 3, S, and X models, eventually all Tesla owners will have access to it through monthly subscription.
Tesla investors would like to see various changes implemented within the automaker in the coming years. They are currently working on two new models - second generation Roadster and crossover SUV, but are in early development stages. As such, it is unlikely that we will witness any tangible improvements until Tesla increases production of their Model 3 and other vehicles. Tesla believes the wait will be well worth it: If they can produce these vehicles at scale and keep costs reasonable, their mission of providing high-quality EVs that provide affordable transportation solutions will have been accomplished. No one loses out in this situation, and we need your input! Please share this post on social media such as Facebook or Twitter so others may learn about this exciting development! Thanks again for reading, and stay tuned as more news comes our way in the next few weeks.