When it comes to the Elon Musk’s Twitter post around the ‘secret master plan,’ we expected a new Tesla model which has probably been a sport crossover variant of Model 3.
I know the company’s immediate focus should be around ramping up its production of the Model 3. By the 2nd half of the next year, the company plans to produce nearly 200,000 Model 3 sedans, which is no doubt an ambitious target given that the total production for 2015 was only 50,000 vehicles.
Tesla faces numerous challenges, including ensuring the availability of supplies and quality of production in its accelerated production plan and raising funds for the increased production capacity. The critical thing for Tesla is to focus on accelerated production plan right now.
as per our estimates, the Model 3 accounts for nearly 50 per cent of Tesla’s valuation and we expect that through continued demand, its market share will cross 20 per cent by the end of our forecast period.