Tesla will hold an Investor Day where it will provide important updates in the spring of 2023. The event will clarify the company's long-term plans and the way it develops in the future.
Tesla has announced that it plans to hold an Investor Day on March 1, 2023. The event will be broadcast live from the Gigafactory Texas, where everyone will be able to hear updates. The company said that some institutional and retail investors will be able to attend the event in person, although it did not give details on how this would be possible. However, personal presence is sure to be of interest to many of them.
Tesla said that those attending the event will be able to see its most advanced production line, located at Giga Texas. Investors will be able to watch the creation of Model Y, which is expected to be the best-selling car in 2023. In addition, long-term expansion plans will be discussed at the event, which can include the announcement of the Master Plan: Part 3. The event will also discuss the issue of capital allocation, which may relate to buyback shares, which is highly anticipated among Tesla investors. And one of the very interesting topics will include information about the generation 3 platform, which means a possible announcement regarding a new car model developed by the manufacturer.
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Eva Fox joined Tesmanian in 2019 to cover breaking news as an automotive journalist. The main topics that she covers are clean energy and electric vehicles. As a journalist, Eva is specialized in Tesla and topics related to the work and development of the company.