Tesla is unveiling a new product that Elon Musk called 'unexpected' — here's what it could be (TSLA)

Tesla

Tesla's next big thing is coming.

On Sunday, CEO Elon Musk said via Twitter that the company will unveil a new product that is “unexpected by most” on October 17.

Musk didn’t share any details, but since his announcement there’s been plenty of speculation about what the company has up its sleeve. After all, Tesla has no shortage of products it plans to launch.

In the company’s Master Plan Part Deux, Musk mentioned several products Tesla will launch during the next few years. But given the timing of the event, some products are more likely to be revealed than others.

Here’s a closer look at four products the company could unveil.

Autopilot 2.0

Tesla

Autopilot 2.0 is the next generation of Tesla’s semi-autonomous driving system called Autopilot. With Autopilot 2.0, Tesla is expected to add more sensors to its vehicles to give it more self-driving capabilities. 

Musk announced Tesla’s Autopilot system in October of 2014, but the system originally rolled out to users on October 2015. Tesla's next unveiling is on Monday, October 17, exactly two days after Autopilot’s one year launch anniversary.

What’s more, Tesla quietly increased the price of its Autopilot system in August from $2,500 to $3,000. Just a few weeks later, the company rolled out its software update, Version 8.0, to give the car new features and functions.

In August, Musk also hinted that Tesla's autonomous tech would be here sooner than expected. 

"Autonomy is going to come a hell of a lot faster than anyone thinks it will, and I think what we've got under development is going to blow people's minds. It blows my mind," he said.

Given the timing and the recent price increase, it’s possible that we could see Tesla’s next generation Autopilot system be unveiled next week.

Model 3 features

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In June at the Code Conference, Musk said that the company would be hosting another “big” event for the Model 3 before 2017. He didn’t share many details about what the company would reveal at this event, but he did say that Tesla would do “the obvious thing.”

At the time, it was speculated that Tesla might reveal the interior of the car at this “big” event since the company did not show off what the inside of the production vehicle would look like at the press event in March.

It’s unclear if next week’s unveiling is the “big” event Musk was referring to in June. But it's worth noting that typically, Tesla’s “big” events involve a lot of production and media, and thus far the company has not yet sent out press invites.

Model Y

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In Musk’s Master Plan Part Deux, he plainly said that the company will eventually address all market segments by launching an electric compact SUV and pick-up truck.

The compact SUV, which will presumably be called the Model Y, will be built on the Model 3 platform and is expected to have falcon-wing doors like the Model X. And as my colleague Matthew DeBord pointed out, there’s a chance the company could show off some sort of Model Y prototype.

If this is the case, it would be significant because it would show that Tesla is capable of building multiple vehicles on the same platform.

See the rest of the story at Business Insider