Elon Musk stated, "We were aiming for 5 million vehicles a year by approximately 2030," during a recent update on the company's trajectory. Musk expressed confidence in the objective, saying, "And I think we’ve got a good shot of achieving that goal."
The CEO predicted that the company's infrastructure will be the most valuable building in the world. He further estimated that the enterprise will generate an economic value that’s going to be placed in the top 20 countries.
To reach the 2030 target, the firm faces a 25 percent CAGR to reach 5 million cars sold annually. Current production facilities are limited to building around 2.5 to 3 million vehicles a year.
Sales figures show the company sold 936,172 vehicles in 2021, followed by 1,313,851 in 2022. The manufacturer delivered 1,808,581 vehicles in 2023 and 1,789,226 vehicles in 2024.
In 2025, the company sold 1,636,129 vehicles, with 1,324,681 units sold so far this year. More than 96 percent of sales depend on Model 3 and Model Y, as the company discontinued the Model S and Model X earlier this year.
Tesla abandoned plans for a $25,000 mass-market EV. Ashok Elluswamy stated that Tesla aims to launch unsupervised Full Self-Driving in the second quarter of 2027.
Lars Moravy said the company would try to deliver the first steering-wheel- and pedal-less Cybercabs to customers before the end of the year.
