Tesla walks back another big goal

AutoExec Summary: Tesla appears to have revised its ambitious sales target of 20 million vehicles annually by 2030, as indicated by the omission of this goal in its latest impact report. In 2023, Tesla sold 1,808,581 vehicles, significantly less than Toyota’s 11.2 million. The company is reportedly shifting focus towards developing autonomous robotaxis, with no recent announcements regarding a more affordable EV model. Current offerings include the Model Y, Model 3, Model S, Model X, Cybertruck, and Semi truck.

Brands mentioned: Tesla, Toyota, Lexus, Daihatsu, Hino.