Tesla aims to sell 20 mn electric vehicles per year by 2030

Tesla e-vehicles

Tesla aims to sell 20 million electric vehicles per year by 2030 — from 0.5 million in 2020 — and deploy 1,500 GWh of energy storage per year, compared to 3 GWh last year.

The Elon Musk-run EV maker said that its customers helped accelerate the world’s transition to sustainable energy by avoiding 5.0 million metric tons of CO2e emissions last year.

Usually, vehicles in the US get scrapped after approximately 200k miles but Tesla batteries are designed to outlast the vehicle, Tesla said.

“In 2020, a Tesla with Autopilot engaged experienced 0.2 accidents per million miles driven, while the US average was 9x higher,” Tesla said.

The EV maker said that they are designing and manufacturing a complete energy and transportation ecosystem.

Tesla reported a record $1.14 billion in net income in the second quarter (Q2) 2021, stressing on its climate initiatives for a greener Earth.

“Tesla uses no Cobalt and almost none in the nickel-based chemistries. On a weighted average basis, we might use 2 percent Cobalt compared to say Apple’s 100 percent Cobalt,” Musk said during the earnings call.

Tesla produced and delivered over 200,000 vehicles in Q2. In the second quarter, the electric vehicle company produced 206,421 vehicles and delivered 201,250 vehicles.