Elon Musk Says Tesla to Double U.S. Vehicle Output Within Next Two Years
Dow Jones03-12
Elon Musk pledged to double Tesla's vehicle output in the U.S. within the next two years.
Tesla shares soared 9% in morning trading.
The move, Musk said Tuesday, is "a function of the great policies of President Trump and his administration," as well as "an act of faith in America."
Trump, who was standing next to Musk at the time of the announcement, patted him on the back and said, "It's a big deal."
Tesla vehicles produced in the U.S. will include the Cybercab, a self-driving car with no steering wheel or pedals that is set to start production next year in Texas. Musk previously said the autonomous car is designed to operate as a robotaxi and could cost less than $30,000.
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$Tesla Motors(TSLA)$ people got immediate effect for choosing Musk and trump.This war will end the nation USA .If all other country together boycott USA products will it affected USA.
$Tesla Motors(TSLA)$ double to lowering the cost for better competition? But it may not necessary if the tariff increase for import cars [Thinking] unsure what this visionary thinks, but if we know, there will not be a "Elon Musk" only. Too many toxic comments lately, but forgot who contributed the most for the EV mkt by sharing his tech at the very first place to make a better globe to stay for mankind. Think positively along your spine to attract more good energy.
I love that so many here are negative (Probably those who bought at the top) in their comments tells me I need to buy more while the stock is cheap again. By end of this year Tesla bot and robotaxi will begin ramping into 2026. Energy storage will continue rapid expansion. The car deliveries are at the bottom of my list.
Lol dude is manipulating his own stock again. Double output to sell to non-existent customers? Sales have been falling around the world. I guess he has a shot of tricking trump into using taxpayer money to fund his next round of production.
