Elon Musk expects Tesla sales to reach 20 million cars by 2030 | latest news

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Tesla CEO Elon Musk predicts that the company’s electric vehicle sales will reach 20 million vehicles before 2030.

And Musk expected that the total sales of electric cars in the world would reach 30 million cars within 5 years.

Tesla has increased car deliveries by about 100% annually on average between 2012 and 2019.

The company is expected to deliver about 500,000 cars by the end of 2020

And Musk announced at the “Battery Day” event earlier this month a plan to reduce production costs of batteries by about 50%, which could allow the company to reduce car sales prices, which could contribute to an increase in electric vehicle sales.

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