Summary
- Gene Munster of Deepwater Management predicts Tesla will unveil three new vehicles at the upcoming event
- Munster believes the event will focus on a Robovan, Robotaxi, and a $25,000 electric vehicle
- The $25,000 EV is seen as crucial for Tesla’s growth and market share in the automotive industry
- Details on the new vehicles are expected to be limited at the event
- Munster predicts the $25,000 car could be available in late 2025 or early 2026
Article
Gene Munster, a Tesla bull from Deepwater Management, predicts that Tesla’s upcoming unveiling event will showcase more than just a Robotaxi. He believes that the company will reveal three new vehicles, including a Robovan, a Robotaxi, and the long-awaited $25,000 EV. However, Munster also cautions that the event is likely to be “light on details” and more of a “launch party” where CEO Elon Musk will discuss Tesla’s goals and vision without delving into specific information such as rollout dates and costs. Despite this lack of detail, Munster is particularly interested in the $25,000 car as he sees it as crucial for Tesla’s growth and market share expansion.
Munster suggests that the Robovan will likely be introduced in the future, as it is still in the early stages of development. He believes that Musk will focus on discussing the development and operation of the Robotaxi during the event, but concrete details about its release and functionality may be limited. While the Robotaxi has garnered significant attention, Gary Black of Future Fund previously emphasized the importance of the $25,000 EV as a direct competitor to popular affordable vehicles like the Toyota Corolla. Munster echoes this sentiment, highlighting the significance of the cheaper model in driving Tesla’s growth and market presence into the next year.
The $25,000 EV is a key focus for investors and analysts like Munster, who are eager to see when Tesla plans to ramp up production of this affordable model. Munster emphasizes that achieving a growth rate of 12 percent next year, as expected by the market, hinges on the successful rollout and production ramp-up of the $25,000 car. Based on Tesla’s historical timeline for vehicle announcements and releases, Munster estimates that the affordable model could become available in late 2025 or early 2026, aligning with the company’s previous patterns of product development and launch. As the event approaches, attention is shifting towards the potential impact of the $25,000 EV on Tesla’s market performance and growth trajectory.
While there is anticipation surrounding the unveiling event and the introduction of three new vehicles, Munster advises against expecting detailed information during the presentation. Instead, he suggests that the event will be more about highlighting Tesla’s broader strategy and vision for the future, with Musk likely focusing on the innovative technologies and capabilities of the new vehicles. Despite the lack of specifics, investors and analysts are eagerly awaiting any updates on the $25,000 EV, as its success could significantly impact Tesla’s market share and financial performance in the upcoming years. As Tesla continues to innovate and expand its product lineup, the unveiling event is poised to provide insight into the company’s future direction and growth prospects.
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