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.
Tesla shares surged to a new all-time high on Tuesday afternoon, marking another major milestone for the electric vehicle maker in what has already been a banner year for the stock. The stock officially hit a record price of $489.20 during trading, pushing the company’s market capitalization to roughly $1.63 trillion. At the time of […]
Tesla has officially crossed another major milestone on the road to autonomous driving. Over the weekend, multiple Tesla Model Y vehicles were spotted driving themselves on public roads in Austin, Texas, with no one in the front seats and no safety driver on board. According to Tesla and Elon Musk, these were public tests of […]
Tesla has published its official November 2025 recap, highlighting a busy month across the company’s global operations, product lines, and community. The update, shared on X, touches on everything from major corporate milestones to continued momentum for Full Self-Driving (Supervised) and record-breaking Supercharger usage. One of the biggest events in November was Tesla’s Annual Shareholder […]