Tesla plans massive sales surge by 2025 image

We all know the bullish affirmations made by billionaire entrepreneur and co-founder of Tesla Motors, Elon Musk, who also acts as the California-based company’s chief executive officer.

The latest such statement came during the Automotive News World Congress in Detroit – a conference linked to the North American International Auto Show – when Musk said that all of the automaker’s issues will be overcome and deliveries would jump from less than 40, 000 units last year to “at least a few million a year” by 2025. If that sounds over the top, there’s even more – the achievement would come even as today the company struggles on the planet’s largest auto market, China and the executive acknowledges that Tesla won’t be profitable until 2020. Musk also reaffirmed the older target of selling 500,000 units annually by 2020 – and for the achievement of the goal it’s crucial that Tesla finally introduces the delayed Model X crossover later on this year and keeps its more affordable electric sedan Model 3 on track for the planned 2017 launch.

While hitting deliveries of a few million vehicles a year would put Tesla – which only sells electric cars – on par with the likes of Fiat Chrysler Automobiles, which sold around 2 million vehicles in the United States last year – the automaker is confident it might be the first to market a fully autonomous self-driving model by 2020 after it said in 2014 it would push “autopilot” features on its Model S luxury sedan. On the other hand, Musk said that while the driverless vehicle might be ready within five years, regulatory approval might delay their introduction for another two to three years.

Via Reuters