Tesla’s CEO has revised projections, now expecting the company’s electric vehicle production to exceed 5 million units annually by 2030, driven primarily by expansion into robotaxis and advancements in autonomous driving technology. The shift reflects growing confidence in scaling self-driving capabilities alongside traditional vehicle sales. Industry analysts will watch closely as Tesla accelerates its push into mobility services, potentially reshaping both its business model and the broader automotive market. The update underscores the company’s aggressive timeline for integrating AI-driven transportation into its long-term strategy.
CEO Elon Musk now sees Tesla electric vehicle output more than doubling to 5 million by 2030, largely behind robotaxis and self-driving software.