Analysts predict: Tesla's new entry-level model may be a simplified Model 3/Y, while 'unboxing” technology is still under development

News on April 28, 2022, Tesla’s quarterly profits have plummeted by 55% recently, and it burned more than US$2 billion in cash in the first quarter, which makes Tesla’s product plans full of uncertainty sex. Despite financial pressures, Tesla CEO Elon Musk is still working hard to show investors his vision for the company's future.

Over the past week, Musk has tried to convey a message to investors: More affordable electric vehicles are coming. He claimed that Tesla will advance its product roadmap and the release time of new models will be advanced from the original planned second half of 2025 to later this year. However, these plans do not seem to be the new next-generation cars that investors are looking forward to, but may be Tesla's strategy of combining old and new technologies in order to quickly launch new products amid the current sluggish growth in electric vehicle sales.

According to the editor’s understanding, Musk revealed in a conference call with analysts that these new cars, including more economical models, will integrate the advantages of next-generation platforms and existing platforms, and can even be compared with existing ones. The same models are produced on the same production line. This has sparked speculation about whether Tesla will launch an all-new model or just an upgrade to an existing model.

Musk has talked about Tesla’s manufacturing process. He has previously proposed a new assembly process that aims to subvert the traditional way of making cars. However, in a recent conference call, Tesla's vice president of engineering said that while the "unboxing" manufacturing method is revolutionary, it also comes with risks. Therefore, Tesla is currently working hard to migrate all developed subsystems to the new platform to apply these technologies to actual products as soon as possible.

Tesla As a company dedicated to promoting the research and development of electric vehicles and self-driving technology, Musk said that if anyone is skeptical about Tesla’s ability to solve self-driving problems, then they may not be a good fit. Invest in this company. He emphasized that Tesla's future lies in the development of robots and hoped that investors would pay attention to this direction.

After Musk’s conference call with analysts, some investors seemed willing to give him more patience. However, Tesla's stock price has still jumped 32% this year. For Musk and Tesla, they face huge challenges and opportunities and need to constantly strive to innovate to stay ahead of the curve and meet investor expectations.

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