Skip advert
Advertisement

Tesla plans: precious metal-free motors, new Supercharger and ‘next-generation model’

The 2023 Tesla Investor Day saw the brand discuss new manufacturing processes and battery technology, but was light on new cars

Tesla Investor Day teaser

Tesla has outlined some key aspects of  how it plans to accelerate its push towards sustainable, clean transport – but the firm has stopped short of giving more than a few details about its much-vaunted more affordable model.

The American brand made an extensive presentation to investors at its Texas facility. Executives promised again that the controversial Cybertruck would enter production this year – and said that techniques learned about its manufacturing and construction would be used in the ‘next-generation model’. These methods, which eschew the tried-and-tested car production line process in favour of a more modular but parallel system, allow cost savings of up to 50 per cent, Tesla claims, along with a 40 per cent reduction in factory footprint.

Tesla’s chief designer, Franz von Holzhausen, told investors at the event that while he wanted to show them the next-generation vehicle, it will come “at a later date”. Later in the same presentation, however, the company’s powertrain boss Colin Campbell said that Tesla is working towards having no precious metals at all in the next-gen car’s motors. 

Advertisement - Article continues below

He also said that all Teslas from Cybertruck onwards would be based on a 48-volt electronics architecture, and predicted that the next spec of drive unit, with 75 per cent less silicon carbide, would have an “all-in cost of around $1,000 [£831]”. “We don’t think there’s anyone else in the auto industry who’s anywhere near that level,” he said. Tesla is still aiming to be able to produce the car for half the cost of the current Model 3.

Rebecca Tinucci, Tesla’s boss of charging infrastructure, revealed that more than half of all of the firm’s Superchargers across Europe are now open to non-Tesla models. She also said that a new generation of charger is being rolled out, complete with a longer cable designed to make it easier to hook up non-Teslas to the system, and teased a Supercharger charging ‘location’ based around a diner restaurant.

Two shrouded vehicles appeared in slides shown at the event; one looked like a type of boxy MPV, while the other appeared to have a saloon silhouette that could even be an evolution of the existing Model S.

Click here for our list of the best electric cars on sale right now...

Skip advert
Advertisement
Editor-at-large

John started journalism reporting on motorsport – specifically rallying, which he had followed avidly since he was a boy. After a stint as editor of weekly motorsport bible Autosport, he moved across to testing road cars. He’s now been reviewing cars and writing news stories about them for almost 20 years.

Find a car with the experts

Skip advert
Advertisement

Recommended

Tesla’s AI-powered robot is doing a meet and greet in London
AI generated image of Tesla's Optimus robot

Tesla’s AI-powered robot is doing a meet and greet in London

Guests to Westfield London will be able to meet Elon Musk’s new humanoid robot while snacking on popcorn
News
10 Dec 2025
EV grant makes the new ‘budget’ Tesla Model Y Standard look expensive
Tesla Model Y Standard looks expensive

EV grant makes the new ‘budget’ Tesla Model Y Standard look expensive

Despite now being available from £42,000, the Model Y still seems rather pricey when lined up against some excellent mainstream rivals that are aided …
Opinion
6 Dec 2025
Tesla self-driving cars under investigation for ignoring red lights
Tesla Model 3 - front cornering

Tesla self-driving cars under investigation for ignoring red lights

An investigation into Tesla FSD autonomous driving tech by the US National Highway Safety Administration is underway
News
9 Oct 2025
Updated Tesla Model 3 and Model Y gain more range in round of 2025 updates
Tesla Model 3 - front cornering

Updated Tesla Model 3 and Model Y gain more range in round of 2025 updates

In a win for common sense Tesla has substituted buttons for a proper indicator stalk
News
3 Oct 2025

Most Popular

The Multi-Purpose Vehicle must return to save car buyers from their SUVs
Opinion - MPVs, header image

The Multi-Purpose Vehicle must return to save car buyers from their SUVs

Steve Walker thinks that MPVs would bring some much-needed choice back to a family car market fixated by SUVs
Opinion
26 Dec 2025
Make motorists pay-per-mile if you must, but at least use the cash to fix the roads!
Road repairs - opinion

Make motorists pay-per-mile if you must, but at least use the cash to fix the roads!

Dean Gibson wants more money from car taxation to go specifically on road maintenance
Opinion
25 Dec 2025
Cars that will die in 2026: get 'em before they're gone
Auto Express team members standing with their favourite outgoing cars

Cars that will die in 2026: get 'em before they're gone

In 2026 we'll wave goodbye to some big names from the automotive world. We drive the best of these death row models one last time...
Features
27 Dec 2025