HomeNewsBusinessCompaniesTesla drops delivery goal of 20 million vehicles a year from latest report
Trending Topics

Tesla drops delivery goal of 20 million vehicles a year from latest report

Elon Musk said Thursday robotaxis and the company's humanoid robot Optimus will be 'incredibly profound' for Tesla

May 24, 2024 / 18:13 IST
Story continues below Advertisement
The Shanghai plant is Tesla's biggest manufacturing hub globally
The Shanghai plant is Tesla's biggest manufacturing hub globally

Tesla left out a major goal of delivering 20 million vehicles a year by 2030 from its latest impact report Thursday (May 23).

It's a sign the company is moving away from electric cars and shifting focus to robotaxis.

Story continues below Advertisement

CEO Elon Musk said four years ago Tesla aspired to sell 20 million vehicles by the end of the current decade.

This was reiterated in impact reports released in both 2021 and 2022, but the company changed direction recently.