Tesla held its first-ever Investor Day occasion on March 1st on the Austin, Texas-based Gigafactory. The corporate’s CEO, Elon Musk, revealed the third a part of his “Grasp Plan,” which outlined ways in which Tesla would scale back its manufacturing prices and develop to “excessive dimension.”

Tesla has been buffeted by questions round demand, worth, and administration — particularly within the wake of Musk’s disastrous acquisition of Twitter. However after steep inventory declines in 2022, the corporate seems to be on extra stable footing. Tesla slashed the costs for its widespread Mannequin 3 and Mannequin Y by as a lot as 20 p.c, which appeared to assist appeal to extra prospects.

That is the place you could find all of the information from Tesla’s Investor Day, so make sure to test again as extra tales are revealed.