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home / articles / TECH - Has Tesla Re-prioritized Its EV Goal? A Change In Current Report Says So | Benzinga


TECH - Has Tesla Re-prioritized Its EV Goal? A Change In Current Report Says So | Benzinga

Tesla Inc. (NASDAQ:TSLA) has removed its earlier target to eventually sell 20 million vehicles annually from its latest impact report, indicating a shift in focus from its core car business to autonomy.

The change is seen in the company's 2023 impact report, which maintains the aim "to displace fossil fuels by selling as many Tesla products as possible" but omits the numerical goal present in the 2021 and 2022 reports.

In 2023, Tesla sold 1.8 million vehicles but has already indicated a slower growth rate for the current year.

CEO Elon Musk promised in April to introduce cheaper models by late 2024. However, insiders suggest his primary focus is on launching a fully driverless car, which Tesla aims to unveil on August 8, 

Full story available on Benzinga.com

Stock Information

Company Name: Bio-Techne Corp
Stock Symbol: TECH
Market: NASDAQ
Website: bio-techne.com

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