Elon Musk to reveal updated Tesla product plan on 26 January

Elon Musk to reveal updated Tesla product plan on 26 January

Tesla will reveal its full financial results for 2021 on 26 January alongside a revamped product roadmap, which could give a timeframe for the launches of the long-awaited Cybertruck, Roadster and Semi. 

The firm’s management will detail its financial and business results through an online webcast at 4:30pm central time in the states, or 10:30pm in the UK.

Musk will attend the earnings conference call despite stating last year that he would no longer do so. The company will also hold a live question and answer webcast. 

The firm delivered more than 936,000 vehicles in 2021, after a strong fourth quarter where it achieved production and delivery figures of 305,000 units and 308,000 units respectively.

Tesla did not detail which models would be discussed in the roadmap update, but it is expected that its long-awaited Cybertruck will be one of the subjects of discussion. 

The Cybertruck was first announced back in 2019 with a 2021 production date, but was later delayed to 2022, and even that date has now been removed from the online order form.

Musk previously confirmed the Cybertruck’s range-topping specification will go into production first, but has not indicated a price as of yet. The top-spec model was previously listed as a tri-motor model with 500 miles of range and a $69,900 price tag – around £50,000. 

News on the upcoming Roadster has also been thin on the ground since last year, when Tesla confirmed production would commence in 2023, six year after its initial reveal. The 1006bhp, tri-motor Model S Plaid, revealed early last year, has also yet to make its way to the European market.

It is also expected that Tesla will give an update on its electric Semi HGV, following the start of low-volume production at its Nevada factory.