Tesla Inc. CEO Elon Musk is anticipated to stipulate a sequence of initiatives to take the automaker into the longer term at Wednesday’s Investor Day occasion, together with a brand new automobile platform that could possibly be used for a less-expensive entry-level mannequin and for an autonomous robotaxi with out human controls.

A doable $25,000 Tesla is the principle information that business analysts are in search of, given the automaker’s lack of a mainstream mannequin. Musk can also be prone to contact on quite a lot of new firm initiatives to contribute to a zero-emissions future by Tesla’s automotive, battery and photo voltaic companies, analysts consider.

Extra element on how Tesla plans to extend its automobile gross sales by 50 p.c yearly for the foreseeable future can also be anticipated, even because the automaker works on superior battery know-how and growing humanoid robots to work in factories.

Tesla might additionally announce a brand new manufacturing facility, or factories, with Mexico and Indonesia as doable websites. Certainly, on Tuesday, Mexico President Andres Manuel Lopez Obrador stated Tesla will construct an meeting plant in Monterrey, Mexico, however there was no affirmation of the plan by both Tesla or Musk.

The automaker has a lot to debate on Wednesday.

“Wanting ahead to Tesla Investor Day on March 1,” Musk wrote on Twitter this month. “By this, we imply the broadest definition of investor, as within the individuals & lifetime of Earth. Will probably be a message of fine hope & positivity for the longer term.” Musk stated he’ll current Tesla’s “Grasp Plan 3” for “a totally sustainable power future.”

The corporate’s earlier grasp plans targeted on constructing out its mannequin lineup after which scaling up manufacturing.

For automotive analysts, a lot of the anticipation is round Tesla launching a mainstream automobile that might increase the model’s attain right into a broader inhabitants of new-car consumers.

Tesla just lately reduce costs on its four-vehicle lineup in an indication of waning demand. Its present entry automobile, the Mannequin 3 sedan, begins at $44,630 with transport. However analysts anticipate a future mannequin nearer to $25,000. Musk initially raised the potential of Tesla producing an affordable automobile on the automaker’s Battery Day occasion in 2020, then backed off that concept early final yr, saying the corporate’s focus was on constructing an autonomous taxi.

“My sense is that Tesla and Elon are feeling the strain of competitors extra so than ever earlier than,” stated Karl Brauer, govt analyst at iSeeCars.com.

Musk must current new and freshened Tesla fashions to beat shopper resistance to the automaker’s growing old designs and luxurious pricing, Brauer stated. “He is bought to maneuver the needle — it is time for some all-new Teslas.”

A disappointing consequence to Investor Day, Brauer stated, can be extra guarantees by Musk that he cannot hold. He has promised totally autonomous Teslas and massive battery breakthroughs for years with out delivering.

Tesla is engaged on a freshened model of the Mannequin 3, based on business forecasters, and up to date spy pictures present the sedan, with entrance and rear camouflage, testing on U.S. roads.

Additional particulars on the replace might come Wednesday.

In current days, Musk posted video of the EV maker’s upcoming Cybertruck pickup at its engineering headquarters in California, and confirmed on Twitter that it’s going to use a brand new metal alloy for its unpainted exterior panels.

The Cybertruck, first offered in 2019, will go into manufacturing this yr. Whereas the pickup has a whole lot of 1000’s of reservations, Tesla has not up to date its specs or value. Extra particulars might come Wednesday.

Morgan Stanley analyst Adam Jonas stated in a analysis report final week that Tesla has huge plans to cut back prices by manufacturing enhancements, making a $25,000 automobile financially viable whereas chopping prices throughout its lineup.

“The massive image right here is that Tesla has the chance to fully reinvent the automobile manufacturing course of,” Jonas stated in his Investor Day preview. “With a acknowledged objective of a aggressive providing at a $25,000 value level, Tesla should make vital progress from their present [cost per vehicle].”

The Tesla occasion will probably be held on the firm’s manufacturing facility in Austin, Texas, which doubles as its company headquarters.

The automaker’s coming third platform may be used for a robotaxi with out human controls. Musk has stated Tesla will make such a product, however the firm’s so-called Full Self-Driving software program is at the moment designated as a Stage 2 system, which is superior driver help and never a Stage 4 or Stage 5 autonomous system.

Tesla’s earlier two automobile platforms had been developed for the midsize Mannequin S sedan and Mannequin X crossover, and for the compact Mannequin 3 and Mannequin Y crossover.

The brand new platform Tesla has promised for Investor Day is anticipated to provide smaller automobiles. Musk has stated it will price Tesla about half as a lot to construct because the one shared by the Mannequin 3 and Y.

Pierre Ferragu, managing companion at New Road Analysis, is anticipating a smaller Tesla, informally known as the Mannequin 2. Ferragu is bullish on Tesla and thinks a mainstream automobile would assist the automaker attain its huge targets for gross sales development.

“Mannequin 2 is essential to the continued success of Tesla and we must always be taught much more this week about it,” Ferragu wrote in a Twitter put up Sunday. He additionally offered a brief evaluation of what he expects from the brand new automobile.

The Mannequin 2, Ferragu wrote, ought to be 15 p.c shorter and 30 p.c lighter than the present Mannequin 3, with a battery pack 25 p.c smaller. It ought to be 37 p.c cheaper to construct, at about $22,000 per unit, and it ought to compete favorably with automobiles such because the Toyota Corolla.

Gary Black, managing companion at The Future Fund, wrote on Twitter final week that he expects Tesla Investor Day to cowl the third platform, a $25,000 mannequin, the ultimate design of the Cybertruck and the corporate’s growth of its Optimus human robotic, amongst different matters.