The new Tesla Master Plan 3 has been confirmed by Elon Musk.

(Photo : Photo by Justin Sullivan/Getty Images)
In an aerial view, brand new Tesla cars sit in a parking lot at the Tesla factory on October 19, 2022 in Fremont, California. Electric car maker Tesla will report third quarter earnings today after the closing bell.

The billionaire said that the details of this new strategy will be unveiled in the upcoming Investor Day 2023.

For those who are not familiar with the Tesla Master Plan, it is the strategy used by the giant automaker to enter the market.

Tesla Master Plan 3

According to Bloomberg's latest report, the new Tesla Master Plan 3 will focus on sustainable energy efforts.

(Photo : Photo credit should read FREDERIC J. BROWN/AFP via Getty Images)
Tesla CEO Elon Musk speaks during the unveiling of the new Tesla Model Y in Hawthorne, California on March 14, 2019. (Photo by Frederic J. BROWN / AFP)

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"Master Plan 3, the path to a fully sustainable energy future for Earth will be presented on March 1," said Elon Musk via his official Twitter announcement.

Recently, Musk said that Master Plan 3 would focus on "very large scale" in EV and battery pack production.

But, based on his latest statement, the new Tesla strategy will not just be able electric cars.

Experts stated that the new Tesla Master Plan 3 would be about offering new sustainable energy options.

As of writing, the giant EV maker has various energy products. These include solar roof tiles, solar system installations, Powerwalls, Powerpacks, as well as the Tesla Virtual Power Plant program.

Once the new Tesla Master Plan 3 begins, these sustainable energy options are expected to expand. 

Although Musk didn't specify what renewable energy technologies would be unveiled, many Twitter users already shared their opinions. 

One of them said that the new Tesla Master Plan 3 could include fusion since there's already a fully functioning fusion plant. 

"I would say fusion as we almost a have a fully functioning fusion plant, but who am I," said the Twitter user.

You can click this link to see more comments on Elon Musk's post.  

A Look Back at Tesla Master Plans

Before the new Tesla Master Plan 3 is unveiled on Mar. 1, here's a look back at the two recent Tesla Master Plans, as provided by Electrek: 

Tesla Master Plan 1 

1. Build sports car
2. Use that money to build an affordable car
3. Use that money to build an even more affordable car
4. While doing the above, also provide zero emission electric power generation options

Tesla Master Plan 2

1. Create stunning solar roofs with seamlessly integrated battery storage
2. Expand the electric vehicle product line to address all major segments
3. Develop a self-driving capability that is 10X safer than manual via massive fleet learning
4. Enable your car to make money for you when you aren't using it

Based on these patterns, the Tesla Master Plan 3 is also expected to have four steps. 

Other stories we recently wrote about Tesla:

Elon Musk pushed the Tesla Cybertruck mass production to 2024.

Experts said that Tesla's strategy will change by dropping prices to boost sales. 

For more news updates about Tesla and its other business activities, always keep your tabs open here at TechTimes.  

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