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NEWS ARTICLE

Tesla excludes delivery goal of 20 mn vehicles a year in impact report



Tesla has left out its goal of delivering 20 million vehicles a year by 2030 in its latest impact report published on Thursday, another sign the company was moving away from electric cars as it shifts focus to robotaxis. CEO Elon Musk had said in 2020 that Tesla aspired to sell 20 million vehicles by the end of the current decade - twice as many as those sold by Toyota, the world's largest automaker. It had reiterated the goal in its 2021 and 2022 impact reports. But the company has changed tack recently, dropping plans to produce an all-new model that was expected to cost $25,000, while touting autonomous driving technology as its main growth driver. It plans to host a launch event for its robotaxi on August 8.Robotaxis and the company's humanoid robot Optimus will be "incredibly profound" for Tesla, Musk said on Thursday through a video-link at the annual "Viva Technology" conference in Paris. Tesla's change in strategy, first reported by Reuters in April, implies it plans to use current product lines for new affordable vehicles - a move that would result in smaller cost reduction than expected and modest volume growth.