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CEO Elon Musk has expressed a bold vision for Tesla, declaring that the goal is to become "the best manufacturer on earth." This aspiration sets up a race against time, as the company is under pressure to ramp up production significantly. The management aims to reach a production rate of 2,000 units per week by the end of the second quarter, which could lead to an annual output of approximately 100,000 vehicles. This figure, while substantial, still pales in comparison to the target of 500,000 units.
The anticipated launch of the Giga Factory later this year is expected to help Tesla keep pace with its ambitious production goals. However, doubts remain about whether the company can raise the capital required to sustain this rapid growth.