Tesla’s production targets have been sharply revised upward, with the company now projecting electric vehicle output could exceed 5 million units annually by 2030. The shift reflects growing confidence in scaling autonomous driving technology, particularly through robotaxis and self-driving software. Industry analysts will watch closely to see how Tesla balances mass production with the development of its AI-driven mobility ambitions. The announcement signals a major bet on autonomous vehicles reshaping both Tesla’s growth and the broader automotive landscape.


CEO Elon Musk now sees Tesla electric vehicle output more than doubling to 5 million by 2030, largely behind robotaxis and self-driving software.