Tesla's production capacities are in store for a significant growth spurt, CEO Elon Musk told the crowd assembled at the company's Austin, Texas Gigafactory for Investor Day 2023 — and AI will apparently be the magic bullet that gets them there. It's all part of what Musk is calling Master Plan part 3.
This is indeed Musk's third such Master Plan, the first two coming in 2006 and 2016, respectively. These have served as a roadmap for the company's growth and development over the past 17 years as Tesla has grown from neophyte startup to the world's leading EV automaker. "There is a clear path to a sustainable energy Earth by 2050 and it does not require destroying natural habitats," Musk said during the keynote address.