Gene Munster of Deepwater Management, a known Tesla bull, believes the company’s upcoming unveiling event will showcase more than just a Robotaxi. Munster anticipates the reveal of three new vehicles, although he expects Tesla to keep the event “light on details.”
In a recent CNBC appearance, Munster shared his thoughts on the event, following Tesla’s announcement of 462,890 car deliveries for the third quarter. With the delivery numbers now public, attention has shifted to the October 10 Robotaxi unveiling event.
According to Munster, three models are likely to be presented at the event:
- A Robovan (expected to be several years from production)
- A Robotaxi
- The long-anticipated $25,000 EV
Munster describes the event as more of a “launch party,” where CEO Elon Musk is expected to:
- Discuss Tesla’s overall vision
- Explain Robotaxi development and operation
- Outline requirements for functionality
However, Munster believes specific details such as rollout timelines and costs will be limited.
Black emphasized that the $25,000 EV is more crucial than the Robotaxi, citing potential benefits such as:
- Increased market share
- Direct competition with popular affordable vehicles (e.g., Toyota Corolla)
- Enhanced overall presence in the automotive market
While Munster agrees with Black’s sentiment, he plans to focus intensely on the $25,000 car, if Tesla unveils one. He explains:
“The one detail that I’m going to hyper-focused on is that cheaper $25,000 car, when they expect to ramp production. I want to put one thread through why this is important for next year, is that the Street is looking for growth to go from 7 percent in the most recent quarter to 12 percent next year. To get to 12 percent, you need to get that cheaper model starting to ramp in the middle of the year.”
Based on Tesla’s historical timelines between vehicle announcements and availability, Munster estimates the $25,000 EV could realistically hit the market in late 2025 or early 2026.
For more insights on Munster’s expectations for the event, watch the full interview below:
