---
title: "Tesla plans to increase its vehicle production to 3 million units within the next two years"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/262459102.md"
description: "Tesla plans to increase its vehicle production to 3 million units in the next two years, mainly benefiting from the expansion of fully autonomous driving technology. Although the company's third-quarter profits fell short of expectations, leading to a 3.7% drop in stock price, CEO Elon Musk emphasized the strategic focus on artificial intelligence and energy solutions, particularly the significant growth in battery storage business. Tesla's third-quarter delivery volume and financial metrics set new records, with significant demand growth in the Greater China region and Asia-Pacific"
datetime: "2025-10-23T14:00:39.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/262459102.md)
  - [en](https://longbridge.com/en/news/262459102.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/262459102.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/262459102.md) | [繁體中文](https://longbridge.com/zh-HK/news/262459102.md)


# Tesla plans to increase its vehicle production to 3 million units within the next two years

In early trading on Thursday, U.S. stocks saw Tesla (TSLA) drop 3.7% after the company announced that its third-quarter earnings fell short of expectations. The company also announced ambitious plans to increase vehicle production to 3 million units over the next 24 months, primarily benefiting from the expansion of its full self-driving technology.

CEO Elon Musk emphasized the company's strategic focus on artificial intelligence and energy solutions, with significant growth in its battery storage business and the launch of a new Megapack model.

Tesla's third-quarter performance showed record delivery volumes and financial metrics, with particularly notable demand growth in the Greater China region and Asia-Pacific

### Related Stocks

- [Tesla, Inc. (TSLA.US)](https://longbridge.com/en/quote/TSLA.US.md)
- [GraniteShares 2x Short TSLA Daily ETF (TSDD.US)](https://longbridge.com/en/quote/TSDD.US.md)
- [Direxion Daily TSLA Bull 2X Shares (TSLL.US)](https://longbridge.com/en/quote/TSLL.US.md)
- [Tradr 2X Short TSLA Daily ETF (TSLQ.US)](https://longbridge.com/en/quote/TSLQ.US.md)
- [XI2CSOPTSLA-U (09366.HK)](https://longbridge.com/en/quote/09366.HK.md)
- [XL2CSOPTSLA (07766.HK)](https://longbridge.com/en/quote/07766.HK.md)
- [XI2CSOPTSLA (07366.HK)](https://longbridge.com/en/quote/07366.HK.md)
- [GraniteShares 2x Long TSLA Daily ETF (TSLR.US)](https://longbridge.com/en/quote/TSLR.US.md)

## Related News & Research

- [SpaceX IPO Puts Sam Bankman Fried/FTX Stake In Musk Company Back In Spotlight: Here's The Missed Profits](https://longbridge.com/en/news/281557662.md)
- [Tesla Is Sitting On A Record 50,000 Unsold EVs](https://longbridge.com/en/news/281618373.md)
- [Balanced Risk-Reward Amid Delivery Misses and Uncertain AI Execution Keeps Tesla at Hold](https://longbridge.com/en/news/281558821.md)
- [Tesla’s sales recover slightly, but the trend lines are all bad](https://longbridge.com/en/news/281541012.md)
- [Gavin Newsom Hails Apple's '50 Years Of Innovation' As Tesla, Chevron, McKesson Leave California](https://longbridge.com/en/news/281496370.md)