Tesla CEO Elon Musk shared some thoughts in a recent interview with Financial Times on Tesla's aspiration to reach the goal of 20 million
on Tesla’s aspiration to reach the goal of 20 million electric cars produced annually by 2030. Peter Campbell asked Elon Musk what the business would look like by 2030 to make 20 million EVs per year. After pointing out that this wasn’t a forum for announcing new Tesla products, Elon Musk said,
Although Elon Musk emphasized that this Tesla target is aspirational, Tesla’s been working towards this goal for some time now and just recently opened two new gigafactories. “Our mission of accelerating the world’s transition to sustainable energy remains at the center of what we do. Over the last twelve months, Tesla has continued to help shift the public perception of electric vehicles, and it wasn’t too long ago that many people were still questioning the future of EVs. I would say that today, that’s no longer the case.”
Elon Musk added that Tesla’s annual growth rates are faster than any large manufactured product in the history of the earth. “There are some raw material constraints we see coming in lithium production probably in about three years. And in cathode production, the cathode — the two main cathode choices are nickel and iron phosphate.”
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