Tesla (NASDAQ: TSLA) has established itself as a leader in innovation in the electric vehicle market. However, according to recent discussions between JPMorgan analysts and Tesla's investor relations (IR) team, the next wave of Tesla's growth is not expected to arrive until after 2025 [1]. This article will delve deeper into Tesla's future growth strategies and the underlying reasons behind them.

Tesla's New Growth Strategies

Introducing Lower-Priced Models

Tesla plans to introduce a large number of lower-priced models starting in 2025. This strategy involves leveraging existing platforms and assembly lines to achieve cost savings. While this strategy may not yield significant cost reduction benefits in the short term, it will enable substantial capital savings in the long run [1].

Advancements in Autonomous Driving Technology

Tesla continues to expand its vision for autonomous driving technology. In particular, it's pursuing a vision-based approach to achieve cost efficiency and scalability simultaneously. This will provide a foundation for Tesla to generate more revenue through autonomous driving technology [1].

Introducing Robo Taxis

Tesla also plans to introduce dedicated robo taxi vehicles. This is expected to offer significant cost and utility advantages compared to traditional consumer vehicles. Tesla anticipates that customers will show considerable interest in adding their personal vehicles to a public robo taxi network, and to complement this, it plans to introduce dedicated robo taxi vehicles [1].

Tesla's Long-Term Goals

Tesla still maintains ambitious long-term goals. In particular, strong growth is expected in energy storage, services, and autonomous driving technology, which will complement the reacceleration of unit volume growth starting next year [1]. Additionally, the ratification of Elon Musk's 2018 compensation plan will be a significant step towards refocusing on operational goals.

Conclusion

Tesla is gearing up for a new wave of growth starting in 2025. Through various strategies like introducing lower-priced models, advancing autonomous driving technology, and introducing robo taxis, Tesla will further solidify its leadership position in the electric vehicle market. If these strategies are successfully implemented, Tesla is expected to continue its growth in the future.

This article has examined Tesla's future growth strategies and the underlying reasons behind them. Tesla's innovative approach and ambitious goals are shining a bright light on the future of the electric vehicle market. We will continue to monitor Tesla's progress and anticipate how their growth will unfold.

Citations:
[1] https://www.investing.com/news/stock-market-news/next-wave-of-teslas-growth-wont-come-until-2025-at-earliest-jpm-3479878