Tesla To 20 Million Vehicles By 2030
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The company set out a growth rate of at least 50% increase in vehicles produced annually for the foreseeable future. This is something that, if achieved, would put them over 20 million by 2030. Keep in mind the production increase rate was over 80% in 2021.
In this video I discuss how this will not only allow Tesla to dominate the EV market but the money being generated will enable them to keep this process going. Tossing out $1.5B-$2.5B per factory is not a problem when you have $19 billion in quarterly net income. This is a level they could reach by the middle of this decade.
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