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Elon Musk outlines lofty goals for Tesla

Elon Musk, head of Tesla Motors, has sketched out a lofty and futuristic vision for his electric car company, as he sought to regain the initiative after recent setbacks to some of his most ambitious plans.

Writing on his company’s blog, Mr Musk on Wednesday laid out what he described as an update to the Tesla “master plan” he first published 10 years ago. It will involve Tesla expanding to make a full range of electric cars, buses and trucks, as well as a smartphone app through which Tesla owners will one day earn money by renting out their self-driving cars.

Though much of the plan was vague, echoing Mr Musk’s habit of teasing new ideas long before they come into production, he did reveal that Tesla was in the “early stages of development” on heavy-duty trucks and a new form of “high passenger-density urban transport”, with both likely to be unveiled next year.

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