Next wave of Tesla's growth won't come until 2025 at earliest: JPM
Among the key points, Tesla plans to introduce lower-cost models by 2025, leveraging existing platforms and assembly lines.
Tesla's long-term volume targets remain unchanged, and the ratification of CEO Elon Musk's 2018 compensation plan is viewed as pivotal for refocusing on operational goals and allowing Musk to continue pursuing"real world AI" opportunities within Tesla. As for the autonomous vehicle market, Tesla expects varying customer interest in adding private vehicles to a public robotaxi network. To supplement this, the company plans to introduce a dedicated robotaxi vehicle, which promises cost and utility advantages over traditional consumer vehicles.
"The next wave of the company’s growth will be led by the introduction of lower cost models expected in force by 2025 which utilize existing platforms and assembly lines rather than the earlier planned next-generation platform, suggesting the potential for less near-term reduction in COGS but also significant capital savings."
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