Electric stuff: Tesla has a new master plan coming out on March 1
Justin Sullivan

Tesla (NASDAQ:TSLA) is now three weeks away from holding its 2023 Investor Day event on March 1 with some analysts calling it a potential catalyst to increase investor confidence.
The electric vehicle giant has previewed that investors will be able to see the company's most advanced production line as well as hear discussion on long term expansion plans, generation 3 platform, capital allocation and other subjects with the leadership team.
For his part, CEO Elon Musk said the Master Plan 3 to be revealed at the event at the Austin Gigafactory will be details on the path to a fully sustainable energy future for the planet Earth.
Looking back, Tesla (TSLA) achieved some of the steps outlined in Master Plan, Part Deux in 2016 but has not hit the part about being able to "enable your car to make money for you when you aren't using it" quite yet.
For investors, Tesla (TSLA) has a general track record of seeing share price gains ahead of company and product events before some minor dips following the reveals. Shares have showed a 30-day gain more than 80% of the time after major investor events.
The event will also be of high interest to EV competitors like Rivian Automotive (RIVN), Fisker (FSR), Polestar Automotive (PSNY), Lucid Group (LCID) - as well as Detroit giants General Motors (GM) and Ford (F). German high-end players BMW (OTCPK:BMWYY) and Mercedes-Benz (OTCPK:MBGAF) will also be looking at the Tesla long-term plans in addition to Chinese automakers like Nio (NIO), XPeng (XPEV), and Li Auto (LI).
Tesla (TSLA) dipped 0.30% in premarket trading on Wednesday to $196.81. Shares have not yet crossed over the $200 level this year and still trade below their 200-day moving average.
On Seeking Alpha, Marketplace author Envision Research laid out the case as to why Tesla is approaching being a Peter Lynch stock.