That’s fresh: according to Wired, Tesla says the Model S and Model X aren’t all that important to its future!
Speaking on an investors called on Wednesday evening after the company posted its Q2 financial results, chief executive Elon Musk said the company is currently focusing on the Model 3 and the Model Y.
“Without them [Model S and Model X], we couldn’t spell ‘sexy,’” Musk said. “But the story for Tesla future is fundamentally Model 3 and Model Y”.
Also Read: Tesla’s Bold Pickup Truck To Cost Under $49,000 Undercutting Rivian R1T By $20K
The luxury saloon and SUV formed the second part of Musk’s ‘master plan’, which started with the Roadster and transitioned to the Model S and X, allowing Tesla to start producing its first mass-market electric vehicle, the Model 3. Moving forward, Tesla expects the Model 3 and Model Y to sell in far greater numbers than any of its other vehicles.
As a matter of fact, Musk believes customers will eventually demand about 1.25 million Model Ys and 750,000 Model 3s per year. By comparison, demand for the Model S and Model X will slip to about 80,000 units and 100,000 units respectively.
While the outspoken exec believes its future lies in the Model 3 and Model Y, it is taking the time to develop a series of other models, namely its pickup truck, semi-truck, and second-generation Roadster. Musk failed to provide updates on these vehicles during the earnings call, but revealed in June that the company’s first electric pickup truck will be presented before the end of the year.