Tesla Projects 20-30% Growth in 2025; Cybercab to Reach Volume Production in 2026

Oct 23, 2024, 09:39 PM

Tesla CEO Elon Musk indicated that the company expects to achieve 20-30% growth in vehicle deliveries in 2025, assuming favorable macroeconomic conditions. Speaking during a conference call, Musk highlighted that plans for Tesla's low-end, affordable vehicles are well underway and are expected to boost sales next year. Additionally, he announced that the Cybercab is projected to reach volume production in 2026—not just starting production, but volume production—with the company aiming to produce at least 2 million units per year when ramped up.