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 Elon Musk’s two phase plan leading to success of Tesla

Posted on December 25, 2019December 24, 2019 by Cynthia Berlin

Elon Musk has written a master plan for Tesla which has been kept secretly and has been followed by the company for over 14 years.

Tesla has been able to unveil nearly all the vehicles which have been announced by Musk in the plan barring one.

More than a decade ago on the 2nd of August in the year 2006, Elon Musk had announced a plan which had the main points of creating a car that has low volume and is going to be expensive, put the money they get from that car for the development of a car that has a medium volume and consequently a lower price, the money form this car is going to be used for the creation of a high volume, affordable car and then after that it is going to be providing solar power.

In the year 2016, Musk had followed these up with the second of his master plans.

In this plan he had laid out the plan of Tesla for the expansion of the energy and solar storage and the launch of a compact SUV and a pickup truck.

The company till date has been able to make brilliant progress on all of the projects with the solar products such as the new energy storage, solar roof tiles, the Model Y which is the compact SUV and has been unveiled this year and the Cybertruck which is the pickup truck that had been unveiled in the previous month.

The plans of Musk further included the initiative of Tesla for having the autonomous cars in shared fleets which Musk has said is going to happen by the time 2020 ends.

  • Author Details
Cynthia Berlin Author
Sr. Content Writer At Global Industry News

Cynthia is the Global Industry News Business Department Head. She pursued a Master’s Degree in Business Administrations and is working with Global Industry News from last 3 years. She is an experienced entity with a background of a family-owned business. She can craft news on finance, current market trends, marketing, and sales with efficiency. She knows how to handle any critical situation in the department efficiently. Her robust knowledge in the Business world has always helped her to boost her career as a business news writer. Moreover, she shows active participation in all administrative activities of the Global Industry News platform. One can seek guidance from her on any issues related to the share market.

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