Elon Musk says a new Tesla will rewire the company and help save the world, but he won’t tell investors what it is.
NEARLY FOUR HOURS into Tesla’s marathon Investor Day, someone in the audience tried again to bring Elon Musk, the Tesla (and Twitter and SpaceX) CEO back to the present day. From a stage at the Gigafactory in Austin, Texas, Musk had announced an ambitious “Master Plan 3” to save the world. For $10 trillion in manufacturing investment, Musk said, the world could move wholesale to a renewable electricity grid, powering electric cars, planes, and ships.
“Earth can and will move to a sustainable energy economy, and will do so in your lifetime,” Musk proclaimed. More details will be revealed in a forthcoming white paper, he said. But the presentation was short on specifics on the one part of the electric transition that is in Tesla’s gift: the next-generation vehicle it has been teasing for years, promising something that is more affordable, more efficient, and more efficiently built than anything in its current lineup. The vehicle, or group of vehicles, will be crucial to hitting Tesla’s goal of selling 20 million vehicles in 2030; it sold 1.3 million in 2022.
What, an investor asked the company’s executives, would that vehicle be? Musk declined to share. “We’d be jumping the gun if we answered your question,” he said, explaining that the company would hold a separate event to roll out the mystery vehicle somewhere down the line. Slides shown during the presentation just showed images of car-shaped forms under gray sheets.
Instead, 17 company executives shared some tidbits on the vehicle during a round robin of presentations focusing on everything from design to supply chains to manufacturing to environmental impacts and legal affairs.
The next-generation vehicle won’t be just one car, but an approach to building vehicles focusing on “affordability and desirability,” said Lars Moravy, Tesla’s vice president of vehicle engineering. It will be built at a new factory near Monterrey, Mexico, which was announced at the event Wednesday and will be Tesla's sixth battery and electric vehicle plant. Executives said the next-gen vehicle would have a 40 percent smaller manufacturing footprint and would cut production costs by 50 percent.
Wall Street appears to have expected a bit more detail. By Thursday morning, the company’s stock price was down 5 percent.
“The much-anticipated theme of Master Plan 3 left me with more questions than answers,” Gene Munster, managing partner at Deepwater Asset Management, said in a note to investors.
“Musk and company failed to put the cherry on top—an actual look at a lower-priced Tesla, if only just conceptually,” Jessica Caldwell, executive director of insights at Edmunds, an auto industry research firm, said in an emailed commentary.
A truly affordable electric car has long been a target for the company. Tesla’s first Master Plan—published in 2006, before Musk was CEO—was simple but, at the time, radical: Build an electric sports car, and use that money to build cheaper and cheaper electric cars. The company touted its second electric sedan, the Model 3, as the battery-powered ride for the masses, but the car only sold at its target price of $35,000 for a limited time. Its base model now sells for $43,000. In the meantime, legacy automakers inspired by Tesla’s vision have stepped into the gap: The Chevrolet Bolt today starts at $26,500, and the Nissan Leaf at $28,000.
A second Master Plan, published in 2016, promised self-driving cars and shared robotaxis, and it promoted the carmaker’s (now struggling) solar panel business. The robots on wheels haven’t shown up yet—though Wednesday’s events did include a cameo from Optimus, a still-clunky prototype of a humanoid robot also being built by Tesla.
Musk rarely meets his self-imposed deadlines, but he’s always excelled at marshaling others to his cause with grand pronouncements and sprawling visions. Now he’s looking beyond cars, and even robots. “I really want today to be not only about investors who own Tesla stock, but anyone who is an investor in Earth,” he said.
https://www.wired.com/story/the-mystery-vehicle-at-the-heart-of-teslas-new-master-plan/
One night. A sworn statement. A later lawsuit. How do the accounts compare?
The Cornell 7 allegations have sparked national outrage. In this video, I compare Jane Doe’s original sworn statement, as presented by the district attorney, with the allegations in her civil lawsuit and examine the differences involving consent, intoxication, force, and what happened inside the fraternity house.
We start with the law, walk through the timeline, and evaluate the evidence. I also examine the recorded conversation, Sunny Hostin’s comments on The View, and one male participant’s claim that Jane Doe assaulted him.
What actually conflicts? What requires more context? And how should those differences affect our assessment of the allegations?
Credibility matters. So does applying the same standard to both sides.
CHAPTERS
00:00 The Cornell 7 controversy
00:46 How we’ll evaluate the evidence
01:09 Two competing assault claims
01:55 New York law and intoxication
02:57 Sunny Hostin weighs in
04:07 The ...
Lindsay Clancy’s attorney acknowledged that she killed her children during trial. So why did he later argue that prosecutors failed to prove she committed the killings? And why did the judge reject his request for a finding of not guilty?
I’m Nate the Lawyer, and in this video, I break down the courtroom clips, the defense’s Rule 25 motion, and the judge’s decision.
There is a critical distinction between arguing that someone did not commit a crime and arguing that the government failed to prove its case. That distinction is at the center of this video.
We examine the Massachusetts case Commonwealth v. Curtis, how it relates to the defense’s argument, and the evidence the judge cited when denying Clancy’s motion. We also cover the separate question of criminal responsibility and why the court allowed the charges to stand.
Watch the opening clips, then follow the legal breakdown before deciding whether the defense’s argument was a contradiction.
CHAPTERS
00:00 The attorney’s ...
Three arrests since taking office. A request to more than double her salary. And dashcam footage of a four-vehicle crash. You can’t make this stuff up.
Harris County Treasurer Carla Wyatt wanted her salary increased from roughly $140,000 to $305,000. I’m Nate the Lawyer, and we’re breaking down the news reports, the outcomes of her earlier criminal cases, and the questions voters should be asking about accountability in public office.
Her first DWI case was dismissed after she completed a pretrial diversion program. A grand jury declined to indict her in the vehicle burglary case, and she denied wrongdoing. Her attorney also disputed the later DWI allegation. Arrests are not convictions.
We’ll also examine dashcam footage of a separate crash that police attributed to Wyatt. She was cited for failure to control speed; the crash report stated she showed no signs of intoxication or a medical emergency.
Does this record warrant another term in office—and a bigger paycheck? Or am I being ...
And We’re Back!
And we're back, y'all. I appreciate every single one of you supporting the channel right here behind the paywall. You get the unvarnished analysis, the procedural realities, and the raw legal breakdowns before the mainstream algorithms try to throttle the reach, shadowban the facts, or bury the story.
The Inside Story of an 11-to-1 Jury Room
Today, we are diving into the exclusive sit-down interview with three jurors from the Lindsay Clancy trial who finally broke their silence—and what went down in that deliberation room is crazy, y'all!
Now, the public saw a hung jury mistrial. But when these jurors walked through what actually happened during deliberations, it wasn't some evenly divided debate over the facts.
It was 11 to 1 for Not Guilty by Reason of Insanity.
Eleven jurors were ready to sign the forms committing her to a state psychiatric facility. And the lone holdout? The other jurors revealed that he actually admitted during deliberations that he had reasonable doubt, but refused to vote not ...
And We’re Back!
And we're back, y'all. I appreciate every single one of you supporting the channel right here behind the paywall. You get the raw receipts, the unredacted files, and the unfiltered legal analysis before the algorithms try to throttle the reach, shadowban the facts, or bury the story.
The Narrative Completely Collapse
Today, we are diving right back into the Karmelo Anthony murder case out of Texas, and the newly leaked text messages published in full context by the Daily Mail are completely crazy, y'all!
Quick recap: Karmelo Anthony was convicted of murder and sentenced to 35 years in prison for fatally stabbing 17-year-old Austin Metcalf in the chest at a track meet. The internet immediately turned this into a massive, racially charged civil rights crusade. Activists rallied, social media commentators took up arms, and an online GiveSendGo fundraiser hauled in over $630,000 for his defense before it was pulled from public view.
Now, his legal team and family have launched a brand-new $250,000 legal defense ...
And We’re Back!
And we're back, y'all. I appreciate every single one of you supporting the channel right here behind the paywall. You get the raw receipts, the procedural breakdowns, and the unfiltered legal analysis before the algorithms try to throttle the reach, shadowban the facts, or bury the story.
The Mirror-Image Case Nobody Talked About
Today, we are looking at a case out of Linn County, Iowa, that is an absolute mirror image of the Lindsay Clancy tragedy—and the legal outcome on this one is crazy, y'all!
For the past year, social media and the legal commentary circuits have been arguing one specific talking point: "If a MAN had strangled his children and claimed psychosis or mental breakdown the way Lindsay Clancy did, he would be convicted of First-Degree Murder and sent to prison for life in two seconds flat."
Well, a man did do it. Almost a year after Lindsay Clancy strangled her three children in Massachusetts, 45-year-old insurance executive Matthew Schlier strangled his 5-year-old son, Jack, to death in Marion, ...
