Reported 5 months ago
Tesla has omitted its goal of delivering 20 million vehicles annually by 2030 from its latest impact report, indicating a shift in focus towards robotaxis and autonomous driving technology. CEO Elon Musk previously aimed for this ambitious target, but Tesla is now concentrating on more accessible products and affordable vehicles using existing product lines. The company's shares fell about 2% following this news, as Tesla faces challenges in a softer EV market and increased competition, leading to layoffs and a restructuring towards robotaxis and autonomous technology.
Source: YAHOO