Elon Musk presents his third master plan: an ambition for artificial intelligence

Tesla CEO wants to expand production of electric vehicles, which could mean a low-cost car

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Elon Musk has unveiled his “third part of the master plan” to make the company profitable.

The first of these was an article published on August 2, 2006, explaining the general strategy of what was then a startup.

In the text he revealed his clear intentions: “My goal of funding Tesla is to accelerate the shift from a hydrocarbon-based economy to one based on solar energy, which should be the primary, but not the only sustainable solution.”

Next, Infobae brings the total breakdown of the first two parts of the master plan devised by Elon Musk, which now has a third part where he talks about artificial intelligence, the famous Tesla Bot, the total autonomous driving of its cars and also, increase the production of electric cars.

First master plan

- Create a sports car.

- Use that money to build an accessible car.

- Use that money to build an even more accessible car.

- Do all of the above with zero-emission electric vehicles.

The sports car was the first Rodaster, which financed the development and assembly of Model S. Then, Model X. With all that, all this revenue and constant developments in technology, Model 3 and Model Ywere created.

Model 3 and Model Y. (photo: Xataka)
Model 3 and Model Y. (photo: Xataka)

Second master plan

After that, Elon Musk released part 2 of the master plan in July 2016. In it he expands Tesla's ambitions for the future:

- Create solar panels with integrated batteries developed by Tesla.

- Expand the vehicle production line and thus develop accessible options for all segments.

- Develop autonomous driving systems that are 10 times safer than manual driving.

- Get a car to generate money while the user is not using it.

This second part was not as successful as the first. Solar panels have been sold, but the activity has not yet developed as expected. The second point is the one that has been most developed. Tesla currently offers four models, although there is still a long way to go to satisfy all segments.

The fully automated driving system is in beta testing phase, only works in the US. UU. and Canada, for a small group of drivers.

And allowing the car to make money while it is not in use would mean enabling a fleet of robotic vehicles, and it will most likely happen in more than ten years.

Infobae
Model Y of a Tesla. (photo: Patrick Pleul/Pool/Reuters)

Third master plan

However, Elon Musk announced on Twitter that he is working on the third part of Tesla's master plan. This will be a commitment to the development of new technologies and efforts within the company, as has been the case with previous launches.

The third part of the master plan, based on corporate strategies, revealed by Elon Musk himself over the past 18 months, will focus on:

- Development of artificial intelligence capabilities.

- Use of this artificial intelligence for the Tesla Bot.

- Fully autonomous driving of your cars.

- Expand the production of electric vehicles by much larger quantities than the current one.

The fourth point is what the Tesla CEO revealed in part on his Twitter account: “The main focus will be scaling to an extreme size, which is necessary to move humanity away from fossil fuels, and the development of artificial intelligence,” he explained: “It will also include sections on SpaceX and The Boring Company.”

Tweet by Elon Musk. (photo: Twitter)
Tweet by Elon Musk. (photo: Twitter)

“Scaling to an extreme size in vehicle production” would mean producing a car at low cost

To be able to scale production to a huge scale, in his words, doesn't just mean significantly increasing current or future production lines. It is also about launching a much cheaper vehicle to increase the demand for electric cars.

Although the second part of the master plan is not complete, the first part is. In addition, Elon Musk and Tesla have the greatest influence on the automotive market as a whole.

Infobae
Elon Musk talking with a Tesla Model S. (photo: REUTERS/Stephen Lam)

The industry faces not only the introduction of the internal combustion engine car, but also the challenge of large-scale electrification.

Finally, Tesla, even with recent price increases, continue to be in high demand, and that is part of the reason why Elon Musk is urged to increase the production of the brand's cars. Opening Gigafactory in Berlin and Austin will help the business later, but it won't be enough. You will be able to see how you handle this in the future when you publish the final version of the Part 3 Master Plan for Tesla.

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