Musk says Tesla “has a good chance” of producing 20 million vehicles by 2030

Written by Cláudio Afonso | [email protected] | LinkedIn | Twitter

The 8th edition of the Financial Times event “Future of the Car” started on Monday to examine the “technology, consumer and business model trends forever changing the way cars are made and sold”, FT described.

After a Keynote conversation with JB Straubel and Elon Musk, Tesla’s CEO was interviewed on Tuesday by Peter Campbell about Tesla’s ambition to become the largest carmaker on earth. When asked about Tesla potentially making 20 million vehicles by 2030, Musk answered: “It’s an aspiration, not a promise. I think we got a good chance of getting there”.

“There are some raw material restraints that we see coming in Lithium production in about 3 years. I do not see a fundamental scaling constraints,” he added.

FT summit will focus on three main themes: Scaling Electric Vehicles, Hitting Carbon Neutrality Targets, and Building the ‘Personal’ Car. Besides the CEOs previously mentioned, also Volkswagen, Mercedes Benz, Stellantis, and Volvo will be speaking at the event.

Written by Cláudio Afonso | [email protected] | LinkedIn | Twitter

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Cláudio Afonso founded CARBA in early 2021 and launched the news blog EV later that year. Following a 1.5-year hiatus, he relaunched EV in April 2024. In late 2024, he also started AV, a blog dedicated to the autonomous vehicle industry.

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