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Thursday, October 22, 2026

Tesla outlines $20B 2026 CapEx while targeting 5 million vehicles a year by 2030

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  • "The third quarter was very strong" and "demand is growing rapidly for our vehicles" and "it's exceeding our production by a significant margin," said Elon Musk (Co-Founder, Technoking of Tesla, CEO & Director), adding, "The biggest driver for demand is full self-driving."

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