Tesla Will Focus on New Product Development & Production Scaling, Not Formula E Racing, Says Elon Musk

Tesla's initial product was the Tesla Roadster, a high-performance sports electric vehicle. But, the company's long-term plan is to create a wide range of models, including affordably priced family cars. This is because Tesla's primary goal is to help accelerate the transition from a mine-and-burn hydrocarbon economy towards a solar-electric one, which the company's CEO Elon Musk believes is a core, but not exclusive, sustainable solution.

Tesla Roadster was designed to beat a gasoline sports car like a Porsche or Ferrari. As the years have shown, all Tesla's vehicles produced since are high-performance and show some of the best results at the track.

However, the creation of a few more professional sports cars is not in Tesla's plans. This position was reiterated today by Musk on Twitter. As before, the company remains faithful to its original plan to create a wide range of affordable models that will accelerate the mass adoption and use of electric vehicles and renewable energy products.

No, we’re focused on developing new products & scaling production

— Elon Musk (@elonmusk) August 26, 2020

The company's plan is to scale the production of affordable models such as Model 3 and Model Y. The company's efforts are now aimed at expanding its production in China, Europe and the United States. After the company has established robust production of all available models, Tesla will begin developing new models that should be even more affordable.

This doesn't mean the company isn't thinking ahead. As Tesmanian previously reported, for example, a potential Model 2/C could soon be designed in China.

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Article edited by @SmokeyShorts, you can follow him on Twitter

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