Tesla Inc. will unveil a third version of Elon Musk's "master plan" next month, nearly a year after the CEO announced he was working on a new edition.

During its investor day on March 1, the electric vehicle manufacturer will describe "the road to a totally sustainable energy future for Earth," Musk tweeted.

Tesla has previously announced that its growth strategies and the next-generation platform for less expensive automobiles will be discussed.

In his initial master plan for Tesla, published in 2006, Musk had goals to create a high-performance sports automobile and use sales to eventually produce more inexpensive electric vehicles. Ten years later, he published "part deux," outlining plans to construct solar roofs, penetrate all significant vehicle segments, and create self-driving technology.

A large portion of the second master plan is still incomplete. Tesla only has four vehicles in scale production, the solar roof launch failed, and its vehicles lack autonomous technology. The US Justice Department and Securities and Exchange Commission are looking into Tesla's self-driving claims and Musk's role in crafting them.

Initially, a "Master Plan"

The initial strategy was revealed in a blog post titled "The Secret Tesla Motors Master Plan (only between you and me)" on August 2nd, 2006. 

Tesla only offered the Tesla Roadster as a model at the time. However, the business has a "long-term strategy" to roll out various electric cars, including "affordable cost family cars." 

The initial strategy provided a thorough analysis of how Tesla would transform from a specialist in electric sports cars to a significant player in the industry.

The strategy Tesla employed over the following ten years was essentially outlined in the plan: create a sports car (the Roadster), use the proceeds to create a more affordable car (the Model S), use the proceeds to create even more affordable cars (the Model 3 and Model Y), and offer options for electric power generation (home batteries, solar panels, etc.).

Part Two

On July 20, 2016, ten years after the first plan was published, Elon Musk unveiled a second one that centred on selling integrated energy generation and storage as well as an expansion into other ground transportation modes, such as trucks and buses, as well as autonomous driving technologies. 

It also discussed Tesla's objective, which the firm hasn't yet attained, of enabling owners of its cars to rent out their vehicles to others to make money while the car isn't being used.

The Cybertruck, a "new sort of pickup truck," and "heavy-duty trucks and high passenger-density urban transit", were initially hinted at in Part Deux. However, while promising an electric semi-truck, Tesla has yet to progress on a vehicle for urban transportation.

Initially positioned as a futuristic transit system, Musk's The Boring Company has abandoned those aspirations in favour of the "Teslas in Tunnels" service it offers in just one location.

Also Read: Tesla Investors Reportedly Lost $12 Billion as a result of Musk's Tweet: Jury Is Informed

What's in the third part?

During Musk's talk, Robotaxis and the next-generation platform will gain more detail. We anticipate some mention of the long-promised $25,000 EV, given his focus on the extreme scalability of Tesla's operations. Also, almost sure is some discussion of the company's contentious Full Self-Driving technology and how it fits into Musk's grandiose vision of an autonomous future.