On 2023-03-01, Tesla held its Investor Day event at its headquarters in Austin, Texas. The event, including questions and answers at the end, lasted around three and a half hours.
The event focused on the “big picture” of eliminating fossil fuels from the global economy and new product and manufacturing initiatives the company is pursuing. Analysts criticised a lack of specifics, including plans for updates to existing products such as Models Y and 3. Tesla stock was down more than 7% at market open on 2023-03-02.