Tech
Tesla Motors Post-Model X Incident: Masterplan Part 2 Implies Stocks, Issues Recovery?
Michael Finn
First Posted: Jul 13, 2016 06:50 AM EDT
Elon Musk's masterplan for Tesla was recently hinted in a Twitter post. Last July 10, Sunday, the Tesla's co-founder and CEO announced that he is working on a Tesla Masterplan Part 2, which he hopes to publish in the next few days.
Tesla Motors CEO Masterplan Part 2 may be connected to the original Tesla Masterplan in 2006 entitled "The Secret Tesla Motors Master Plan." Musk mentioned the cars that eventually became the Tesla 3 sports sedan and the Tesla S four-door car.
Musk's Tesla Motors Masterplan Part 2 may not be a bad idea to roll out some optimistic views following another Tesla car crash that happened in the recent week, Sputnik News reported. In the recent incident, a driver of a Tesla Model X crashed into a turnpike in Pennsylvania, which made people begin to wonder whether the autopilot feature has a dangerous blind spot. Tesla, however, dismissed the claims that the autopilot system had something to do with the crash.
Following the Tesla Model X car crash incidents, Tesla's shipments to customers have fallen in the past three months, which were at 15.5 percent below management's expectations for the quarter. The company has announced a drop in Tesla Model S shipments also, while Tesla's stock was slashed to $190; 11 percent below current levels, from $212 last week. Tesla Motors stock, however, gained 0.1 percent during the week, which may not be so bad after the news of its failed deliveries.
Tesla Motors CEO Masterplan Part 2 may also be associated with Tesla's bid to buy panel maker company SolarCity Corp, over which Musk serves as chairman and principal shareholder. Musk is expecting that the deal will help Tesla Motors get into the market of sustainable energy for homes and businesses, Market Watch reported.
Tesla Motors is currently facing challenges after the Tesla car incidents that happened just recently and back in May, but Musk is already looking ahead. No further details were given as to what Part 2 of the Tesla Masterplan.
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TagsElon Musk, Tesla Motors, Tesla Model X, Tesla Model X accident, Tesla Model X auto-pilot, Tesla Masterplan Part 2, elon musk news, SolarCity ©2024 ScienceWorldReport.com All rights reserved. Do not reproduce without permission. The window to the world of science news.
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First Posted: Jul 13, 2016 06:50 AM EDT
Elon Musk's masterplan for Tesla was recently hinted in a Twitter post. Last July 10, Sunday, the Tesla's co-founder and CEO announced that he is working on a Tesla Masterplan Part 2, which he hopes to publish in the next few days.
Tesla Motors CEO Masterplan Part 2 may be connected to the original Tesla Masterplan in 2006 entitled "The Secret Tesla Motors Master Plan." Musk mentioned the cars that eventually became the Tesla 3 sports sedan and the Tesla S four-door car.
Musk's Tesla Motors Masterplan Part 2 may not be a bad idea to roll out some optimistic views following another Tesla car crash that happened in the recent week, Sputnik News reported. In the recent incident, a driver of a Tesla Model X crashed into a turnpike in Pennsylvania, which made people begin to wonder whether the autopilot feature has a dangerous blind spot. Tesla, however, dismissed the claims that the autopilot system had something to do with the crash.
Following the Tesla Model X car crash incidents, Tesla's shipments to customers have fallen in the past three months, which were at 15.5 percent below management's expectations for the quarter. The company has announced a drop in Tesla Model S shipments also, while Tesla's stock was slashed to $190; 11 percent below current levels, from $212 last week. Tesla Motors stock, however, gained 0.1 percent during the week, which may not be so bad after the news of its failed deliveries.
Tesla Motors CEO Masterplan Part 2 may also be associated with Tesla's bid to buy panel maker company SolarCity Corp, over which Musk serves as chairman and principal shareholder. Musk is expecting that the deal will help Tesla Motors get into the market of sustainable energy for homes and businesses, Market Watch reported.
Tesla Motors is currently facing challenges after the Tesla car incidents that happened just recently and back in May, but Musk is already looking ahead. No further details were given as to what Part 2 of the Tesla Masterplan.
See Now: NASA's Juno Spacecraft's Rendezvous With Jupiter's Mammoth Cyclone