Tesla’s goal of ‘selling 20 million vehicles annually by 2030’ has been removed from this year’s report.

Last year, it was specified but not included this year…stock price downturn.

Tesla California factory
[Reuters News Agency file photo. Redistribution and DB prohibition]

‘(Los Angeles=Yonhap News) Reporter Lim Mina = U.S. electric vehicle company Tesla did not include the long-term sales volume target specified until last year in this year’s annual report.’

‘In the “Impact Report 2023” released by Tesla on the 23rd (local time), no target for long-term electric vehicle sales volume was specified.’

‘Tesla had previously included this figure in its 2021 and 2022 reports.’

‘The 2021 Impact Report stated, “By 2030, we aim to sell 20 million electric vehicles annually,” and the 2022 Impact Report stated, “Our goal is to produce and deliver 20 million vehicles annually by 2030.”‘

‘However, in this year’s 2023 report, it only stated, “Our goal is to sell as many Tesla products as possible to replace fossil fuels.”‘

‘It then added, “To achieve this goal, we need to create products that are much more affordable,” emphasizing that “affordability starts with how much it costs to produce vehicles.”‘

‘Reuters assessed this as a signal that “Tesla has scaled back ambitions for cars as it shifts focus to robotaxis.”‘

‘Tesla sold 1.8 million vehicles last year and announced that it would show a “significantly lower” sales growth rate this year.’

‘However, Tesla CEO Elon Musk announced last month that he will release a new car cheaper than existing models by the end of this year and unveil a robotaxi developed during August.’

‘In the Impact Report released on that day, Tesla revealed that the average operating rate of the charging infrastructure ‘Supercharger’ was recorded at 99.97%, the highest ever in history.’

‘Tesla recently laid off most of the staff in the Supercharger team at the end of last month.’

‘Tesla’s stock price continued to decline after falling 3.5% the previous day.’

‘On this day, Tesla was trading at $176.72, down 1.88% from the previous day at 1 p.m. EDT on the New York Stock Exchange.’

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