Tesla held its first-ever Investor Day event on March 1 at the Austin, Texas-based Gigafactory. The company’s CEO, Elon Musk, revealed the third part of his “master plan”, which outlined ways in which Tesla would reduce manufacturing costs and achieve “extreme size”.
Tesla has been rocked by questions about demand, pricing and management, especially in the wake of Musk’s disastrous Twitter acquisition. But after a sharp drop in shares in 2022, the company appears to be on stronger footing. Tesla slashed prices of its popular Model 3 and Model Y by up to 20%, which seemed to help attract more customers.
This is where you can find all of Tesla’s Investor Day news, so be sure to check back as more stories come out.