Tesla made its 10 millionth EV

Tesla reached a major production milestone by building its 10 millionth electric vehicle, marking the fastest path yet toward one of Elon Musk’s compensation targets tied to his proposed $1 trillion package. The milestone highlights Tesla’s manufacturing scale, but the article also underscores slowing momentum in its core auto business: U.S. sales fell 13% year over year in Q2, and the company has been leaning on newer markets such as Japan, Australia, and Lithuania. Tesla is still far from the 20 million vehicles needed by 2035, and it is also well short of other product-goal thresholds like 10 million FSD subscriptions and one million robotaxis/bots. Overall, the story is bullish on Tesla’s long-term production achievement but mixed on near-term fundamentals, as growth has cooled and profitability remains under pressure from discounts, falling regulatory-credit revenue, and rising spending on AI and robotics.