Tesla
volume cash profit product with the advancements in vehicle autonomy and the introduction of new products we expect the vehicle business to return to growth in the rate of growth will depend on a variety of factors including the rate of acceleration of our autonomy efforts production ramp at our factories and the environment we expect energy storage deployments to grow at least year over year in we have sufficient liquidity to fund our product long term capacity expansion plans and other expenses furthermore we will manage the business such that we maintain a strong balance sheet during this uncertain period while we continue to execute on innovations to reduce the cost of manufacturing and operations over time we expect our hardware related profits to be accompanied by an acceleration of and fleet based profits plans for new vehicles including more affordable models remain on track for start of production in the first half of these vehicles will utilize aspects of the next generation platform as well as aspects of our current platforms and will be produced on the same manufacturing lines as our current vehicle line up this approach will result in achieving less cost reduction than previously expected but enables us to prudently grow our vehicle volumes in a more efficient manner during uncertain times this should help us fully utilize our current expected maximum capacity of close to three million vehicles enabling more than growth over production before investing in new manufacturing lines our purpose built product will continue to pursue a revolutionary unboxed manufacturing strategy and is scheduled for volume production starting in outlook | Tesla
Company
Deck Type
Sector
Industry
Deck date
January 2025
Slide
12 of 36
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