Elon Musk's Tesla Hits New Production Milestone
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"Tesla achieves record-breaking production numbers in Q4, solidifying its position as the world's leading EV manufacturer."
Tesla Inc. has announced unprecedented production figures for the fourth quarter, with CEO Elon Musk celebrating the achievement on social media. The company produced over 500,000 vehicles in the quarter, a new record that surpasses analyst expectations.
The milestone comes as Tesla continues to expand its global manufacturing footprint, with new facilities in Germany and Texas ramping up production. Musk attributed the success to the company's innovative manufacturing processes and dedicated workforce.
'This is a testament to the incredible work of the Tesla team,' Musk stated. 'We're not just building cars; we're accelerating the world's transition to sustainable energy.'
Analysts predict that Tesla's stock price could see further gains as the company maintains its production momentum into the new year.
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Updated 12/1/2024