Tesla took an extraordinary step Tuesday, sharing Wall Street analysts’ projections for its own sales growth publicly with investors. Its point: Wall Street expects Tesla sales to double by 2029.
Less clear is how the company is going to get there. The company is seeing a serious sales declines in all of its major markets, despite refreshing its core products and launching the Cybertruck in recent history.
Its only hopes of doubling production likely rely on a combination of the Robotaxi and the Semi truck. But Semi production is moving slowly, and the Robotaxi launch requires Tesla to solve level four autonomy.
How close is Tesla to solving autonomy? About as close as it’s been since 2016: A year away. We’ll see if Tesla can pull it off.
—Mack Hogan, Deputy Editor
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