July 27, 2024
Industry News

Tesla avoids mentioning aim to reach 20 million vehicle deliveries per year

Tesla has set a new target in its latest impact report, aiming to deliver 20 million vehicles annually by 2030. This represents a shift in focus towards robotaxis and autonomous driving technology.

Previously, Elon Musk had expressed the goal of selling 20 million vehicles by the end of the decade, surpassing Toyota’s sales numbers. However, the company now seeks to make their products more accessible to achieve this target.

As part of this new strategy, Tesla is gearing up to unveil its robotaxi, known as “Cybercab”, on August 8. Musk has announced plans to use existing product lines for new affordable vehicles, moving away from previous plans for a $25,000 model.

In response to shifting market dynamics and increased competition, Tesla has made strategic changes, including laying off employees and focusing on autonomous technology and robotaxis.

The company’s decision to cancel a lower-priced car in favor of robotaxis reflects its commitment to innovation and adaptation in the evolving electric vehicle industry.

Tesla’s sales efforts and price adjustments resulted in the delivery of 1.81 million vehicles in the previous year, marking a 38% increase from 2022.

FAQs

Q: What is Tesla’s new goal for vehicle deliveries?

A: Tesla aims to deliver 20 million vehicles per year by 2030, as stated in its latest impact report.

Conclusion

Tesla’s shift towards robotaxis and autonomous technology reflects its strategic response to market trends and competition, as the company aims to achieve ambitious sales targets in the coming decade.

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