Tesla announced the new Model 3 on Monday, with its all-electric car coming to dealerships in early 2020.
The new Model 4, due in 2021, will have a range of 400 kilometres (250 miles) and be capable of cruising around town without any batteries.
The new Model S is a premium sedan that’s coming to market later this year.
While Tesla’s car lineup has been growing, it hasn’t been without some problems, particularly in the form of the Model 3 and the Model S. The company is looking to the future with its new Model X, a crossover sedan that is expected to hit the market later in the decade.
It also has an interesting future ahead with its next vehicle, a new model for the luxury-goods business, which it is launching with Cadillac and Mercedes-Benz.
Tesla’s Model X is a crossover SUV that’s powered by a 7.5-litre four-cylinder engine, a feature it hasn�t been able to do with the Model X. It will be the first car in the world to use electric motors and will be able to accelerate from 0-60mph in 3.5 seconds.
Its price will be $84,900.
Like the Model 2 and Model 3, the Model E is an all-wheel-drive electric vehicle that is capable of doing up to 70km/h (37mph).
It will have three battery packs, which will give it around 80 miles (150 miles) of range per charge.
In addition to the Model 4 and Model S, Tesla will also release a new car, the Powerwall, which is a compact all-in-one home and business energy-storage device.
With its new cars, Tesla hopes to increase its sales in the US and Canada and boost its earnings, which are forecast to rise to $1.9 billion (AU$1.1 billion) this year from $1 billion (A$1 billion).
However, analysts say Tesla will have to focus on its business as it has struggled to find a profitable way to sell cars, which has contributed to the stock’s slide in recent years.