Two Major Milestones of Tesla Still on Track before the End of Q2
Tesla is poised to achieve two significant milestones before the conclusion of the second quarter, as indicated by the automaker's announcements earlier this year. The recent launch of the Robotaxi platform in Austin marks a pivotal achievement for Tesla, potentially representing its most substantial milestone for 2025.
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However, the company has additional objectives it aims to fulfill before entering the latter half of the year. Specifically, Tesla is focused on the development and unveiling of its first affordable models, which will be constructed using both the next-generation platform and elements from its current vehicle lineup. During the Q4 2024 Earnings Call in January, Tesla confirmed that preparations are actively underway across its existing factories for the introduction of new products in 2025, including these more budget-friendly vehicles.
Tesla reiterated its commitment to begin production of these affordable models in the first half of 2025. These vehicles will leverage features from both the next-gen platform and the existing platforms, utilizing the same manufacturing lines as the current models. With only a few days remaining in the quarter, Tesla has yet to announce any delays regarding these models, suggesting they are still on track for release.
In addition to the affordable models, CEO Elon Musk recently stated that the first Tesla to self-deliver is expected to occur in June. This initiative follows the launch of the Robotaxi platform and represents a significant advancement in Tesla's delivery capabilities. Initially, deliveries will likely be localized around Gigafactory Texas, with plans to expand to broader delivery methods in the future. As the quarter draws to a close, Tesla is set to report its delivery figures next week, making these upcoming milestones critical for the company's performance.
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