What the Future Holds for Tesla?

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Tesla will have a future full of Bitcoin, new models and new highschool graduates.

Tesla will release seven new vehicles. Image credits: Tesla.

Seven is Tesla’s Lucky Number

Tesla has a small vehicle lineup as compared with other car companies. However things will change. Tesla will release 7 new models within the upcoming three years.

Cybertruck

Tesla Cybertruck. Reuters

Tesla’s Cybertruck was announced in 2019. The Cybertruck has attracted more than 500,000 non-binding pre orders ever since. 

Pricing will start at $39,990, Tesla said in 2019, and volume production will likely begin in 2022.

Roadster 

Roadster. Image credits: Roadster

The Roadster will not only reach speeds higher than 250 mph, but it will also have compressed-air rocket thrusters. Rockets will boost acceleration and allow the roadster to hover above the ground. 

The Roadster starts at $200,000 and will enter production in 2022. 

Semi

Tesla Semi. Tesla

Battery-powered tractor-trailer Semi has attracted major retailers and shippers due to less fuel and maintenance costs.

Semi will cost $180,000 for a model with 500 miles of range. A 300-mile range model will be available for $150,000.

Model S Plaid Plus

Tesla Model S. Tesla

Plaid Plus will be quicker to 60 mph and will travel more than miles on a charge than Model S Plaid. It will also generate more than 1,100 horsepower from three motors. 

The Model S Plaid Plus will be available for $149,990 in the middle of 2022. 

$25,000 car

Tesla will release a $25,000, fully autonomous . It’s supposed to be available in three years.

The budget EV will be done in a research and development center in China by the end of 2021.

The announcement was made in September 2020 during the Battery Day event.

Cyberquad

 Tesla Cybertruck and Cyberquad. Image credits: Ringo H.W. Chiu/Associated Press

The Cyberquad was displayed in a surprise announcement during Tesla’s Cybertruck show. 

Tesla will roll Cyberquad ATV along with the Cybertruck Cybertruck. The quad will be available as a pickup option.

Van

What Tesla delivery van could look like. LeaseFetcher

Tesla will use the van to shuttle passengers along 3D tunnels built by The Boring Company.

A San Bernardino County transportation official mentioned that San Bernardino will have a Tesla 12-person van for a future tunnel.

High School Graduates in High Demand

Tesla is recruiting employees for its Gigafactory in Austin. Surprisingly, the requirements are so flexible even a high school diploma will be just fine.

Tesla’s Giga factory Austin, Texas. Source: Tesla

Technoking of Tesla Elon Musk tweeted that Giga Texas is looking for 10,000 employees through 2022.

Tesla might even recruit students who have yet to graduate high school. They will start a career at Tesla while pursuing their education,

The company has already created relationships with a handful of schools from Austin Community College, Huston-Tillotson University, the University of Texas and the Del Valle Independent School District, Reilly told the outlet.

Over a year ago, Musk said that skills and knowledge come first, before education. He even said he noted that he didn’t even care if someone graduated from high school. What matters is understanding AI and how to optimize its use.

To encourage potential applicants, Musk promoted the location of that facility. It is only five minutes away from the airport and15 minutes from downtown. The facility also sits on the beautiful Colorado River.

This hiring push came only 24 hours after Elon told his followers to move down to Texas for job openings at his reusable-rocket company SpaceX.

The Future begins now

Excluding Model S and Model X cars from the first quarter assembly line is not stopping Tesla’s stocks from rising.

Tesla achieved a record number of deliveries for the less expensive Model 3 sedan and Model Y SUV in the first quarter of 2021.

Tesla stock opened Monday for above $700 in trading, hitting a high of $708, before averaging at $700 by the end of the day. The increase is 7% higher than Thursday’s close after a three day weekend.

Tesla has been on the decline with a price 20% lower than its record high of $883.09. The high was reached shortly before the release of the fourth quarter results. Despite being a record for Tesla, these stocks were actually below what Wall Street forecasted.

However, the fact that Tesla was able to build 180,338 cars is alone impressive. The number of cars produced this quarter is higher than the 179,757 cars built in the fourth quarter.

First quarter delivery numbers released on Friday are definitely a game changer, and provide prediction of Tesla’s future. The increasing demand for Tesla globally shows the world’s need to opt for electric cars.

Tesla’s Model 3/Y provide a cheaper and environmentally safe way for the middle class to be part of the change. Hopefully, Tesla will carry-on 850,000 deliveries for the year or maybe even 900,000.

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