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Elon Musk Says Tesla to Double U.S. Vehicle Output Within Next Two Years
Elon Musk pledged to double Tesla's vehicle output in the U.S. within the next two years.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.Shares of the company edged higher about 0.2% in after-hours trading, though they have erased their post-election gains by falling more than 40% so far this year, dragged down by disappointing sales data and concerns over Musk's role in the Trump administration.This item is part of a Wall Street Journal live coverage event. The full stream can be found by s
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