Today, Reuters reported that Tesla plans to start production of a low-cost model, codenamed &#34;RedWood,&#34; in June 2025, with a price of $25,000.
However, Tesla China officials responded, saying, &#34;We have never heard of this.&#34;
Tesla released its earnings report after the market closed today, and the timing of this news before the report is intriguing. Currently, Tesla's stock is up over 1% in pre-market trading.
<img src="https://pub.pbkrs.com/social/2024/7317605/2wgNGbHfzzbgoWn5bUmnh2gnP2GaP1H4.jpg?x-oss-process=style/lg" alt="Image" original-src="https://pub.pbkrs.com/social/2024/7317605/2wgNGbHfzzbgoWn5bUmnh2gnP2GaP1H4.jpg"/>
Previously, Tesla mentioned at the Tesla Annual Shareholders Meeting that they are planning to launch two mass-market models, with a projected annual sales volume of at least 5 million units each.
Currently, it appears that one of the models is &#34;RedWood,&#34; and the other is the Model 2, with a target annual sales volume of 5 million units each.
Tesla's goal is to sell 20 million electric vehicles annually and achieve a market value of $10 trillion by 2030.
Currently, it seems ambitious, as Tesla sold 1.8 million units in 2023. According to their target, they would need to increase sales by 11 times in 7 years.
Regardless of whether today's news is true or not, this is the direction Tesla is heading.
From Tesla's three &#34;Secret Master Plan&#34; articles, it is evident that everything is in line with this direction.
Once we understand this, we will grasp the core logic behind Tesla's long-term investment strategy.
<h2><a href="https://longportapp.cn/zh-CN/news/106601652" rel="nofollow" target="_blank">The first &#34;Secret Master Plan&#34; was released in 2006</a>:</h2>
<img src="https://pub.pbkrs.com/cms/2024/0/3VyhHoBb3dHeGNS2nAN84ncDq4ZTeoVo.jpg?x-oss-process=style/lg" alt="Image" original-src="https://pub.pbkrs.com/cms/2024/0/3VyhHoBb3dHeGNS2nAN84ncDq4ZTeoVo.jpg"/>
<h2><a href="https://longportapp.cn/zh-CN/news/106601906" rel="nofollow" target="_blank">The second &#34;Secret Master Plan&#34; was released in 2016</a>:</h2>
<img src="https://pub.pbkrs.com/cms/2024/0/Sz2Luf66VtFrTAUD31CmZLLxZgqB76QG.jpg?x-oss-process=style/lg" alt="Image" original-src="https://pub.pbkrs.com/cms/2024/0/Sz2Luf66VtFrTAUD31CmZLLxZgqB76QG.jpg"/>
<h2><a href="https://longportapp.cn/zh-CN/news/106602116" rel="nofollow" target="_blank">The third &#34;Secret Master Plan&#34; was released in 2023</a>:</h2>
<img src="https://pub.pbkrs.com/cms/2024/0/hTDboGdWUqajWPhcmMrfwBE2BHoqMEeS.jpg?x-oss-process=style/lg" alt="Image" original-src="https://pub.pbkrs.com/cms/2024/0/hTDboGdWUqajWPhcmMrfwBE2BHoqMEeS.jpg"/>

TSLA

Today's news reveals that Tesla will mass-produce a low-priced model priced at $25,000. This news is intriguing, especially before the release of the earnings report.

Selling 20 million vehicles in one year! Tesla's grand plan, the third step