During Tesla’s highly anticipated 2023 Annual Shareholders Meeting, the audience was treated to an intriguing revelation, albeit one shrouded in mystery. Elon Musk, the enigmatic CEO of Tesla, tantalized the crowd with hints about two upcoming electric vehicles (EVs) that he believes have the potential to achieve a staggering sales figure of over 5 million units annually when combined.
However, much to the audience’s dismay, Musk refrained from divulging specific details about these unnamed EVs, preferring to save the grand reveal for a dedicated product launch in the future. With a mischievous smile, Musk emphasized, “We are actually building a new product, we are actually designing a new product,” further teasing, “There are two new products that I think you will be very excited about.”
Naturally, these bold statements from the Tesla CEO have skyrocketed expectations among shareholders, as he claimed that both the design and manufacturing techniques employed in these upcoming EVs would surpass anything currently present in the industry. Anticipation hung in the air as Musk boldly predicted that the combined sales of these two new products alone would exceed a staggering 5 million units per year. Nevertheless, he playfully added a disclaimer, stating, “This is just Elon’s guess. Don’t sue me.”
Despite the lack of explicit confirmation, speculation arose regarding whether these mysterious products could be the highly anticipated facelifts for the Model 3 (Project Highland) and the Model Y (Project Juniper). Industry insiders suggest that the Model 3 is slated for production in the autumn of 2023, while the updated Model Y is expected to make its debut in late 2024. Interestingly, a single enigmatic teaser image, projected on the screen, bore a striking resemblance to the Tesla Model Y, dampening the prospects of an entirely new, smaller-sized EV. While the sloping roofline appeared unchanged, a few subtle revisions were noticeable on the short bonnet and the rear end.
Leaked photos, rumors, and insider information have provided some insight into what the facelifted Model 3 and Model Y might offer. These updates are expected to focus on enhancing cost-efficiency in production and integrating cutting-edge technology, thereby ensuring that Tesla remains competitive amidst an ever-growing sea of rivals.
Tesla’s 2023 Annual Shareholders Meeting left attendees with a mix of anticipation and curiosity. Elon Musk’s tantalizing hints about the two upcoming EVs, combined with the promise of revolutionary design and manufacturing techniques, have set high expectations within the Tesla community. While the veil of secrecy remains firmly in place for now, the electric automotive industry eagerly awaits the moment when these intriguing products will be unveiled to the world.
