Tesla Just Teased its Next-Gen Car at its Shareholder Meeting

Tesla has teased an image of its next-gen car at its 2023 Annual Shareholder Meeting, and it looks to be a compact as expected.

CEO Elon Musk said there are two new products shareholders should be excited about, noting the design and manufacturing techniques are “head and shoulders” above anything that is present in the car industry. This almost sounds like the late Steve Jobs teasing the first iPhone. It’s not two products but actually one product. A hatchback maybe?

Musk said if he were to guess, these two products alone would see manufacturing of 5 million units per year.

The outline looks sort of like a Model 3, and it could be the company’s upcoming ‘Highland’ refresh. What do you think is coming from Tesla?

Tesla says it is laying the groundwork to produce 20 million cars per year.