Manufacturing

Elon Musk aims to build 20 million EVs a year — or maybe 10 million

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When it reaches full capacity, Tesla’s Berlin plant is expected to produce 500,000 vehicles annually.
March 25, 2022 02:32 PM

During inaugural ceremonies at Tesla's new Berlin factory earlier this week, CEO Elon Musk delivered the first German-made Model Y crossovers to eager customers, did a little dance near the assembly line for cheering fans and casually predicted that Tesla will reach annual production of up to 20 million vehicles by the early 2030s.

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