Tesla’s grand plan 2.0

Elon Musk has released the second installment of his Tesla master plan, creatively titled “Master Plan, Part Deux”.

It reveals ambitious proposals for a ute, a new compact SUV, a foray into the truck and bus industry, and even hints at profiting from hiring out its customers’ unused cars.

However, while planning to address “most of the consumer market”, Musk said a vehicle bearing a lower price tag than the expected $55K of the yet-to-be-developed Model 3 was “unlikely to be necessary”.