Gigafactory is a generic term that refers to a manufacturing facility where components and products associated with electrification and decarbonization technologies are produced.
91-523: The term was initially used by the electric vehicle manufacturer Tesla in 2013 to refer to the company's first major manufacturing facility outside of the original Tesla Fremont Factory in California. At the time the facility was going to be called "Gigafactory" and no location had been chosen. The completed facility is now called Gigafactory Nevada (or Gigafactory 1) because Tesla has now constructed several other large facilities in multiple countries. For
182-420: A 48-volt electrical system ; this 48 V DC is fed to electric-powered components including steering actuators, oil pumps at the drive units, window regulator motors, wiper motor, accessory power feed to the frunk (400W) and to the roof (400W), three domain controller ECUs , the touchscreen and a 48-volt lithium-ion battery. The Cybertruck has five seats, two in the front and a three-seat bench in
273-730: A mid-size car with a fastback body style and either a dual-motor, all-wheel drive layout or a rear-motor, rear-wheel drive layout. The vehicle was designed to be more affordable than the luxury Model S sedan. A prototype Model 3 was first shown in 2016 and within a week, the company received over 325,000 paid reservations. Deliveries started in July 2017. The Model 3 ranked as the world's best-selling electric car from 2018 to 2021, and cumulative sales passed 1 million in June 2021. The vehicle has seen one major design refresh in September 2023 which revised
364-574: A securities fraud charge from the SEC , which would force Musk to pay a $ 20 million fine and step down as the company's chairman, although he was allowed to remain the CEO. From July 2019 to June 2020, Tesla reported four consecutive profitable quarters for the first time, which made it eligible for inclusion in the S&;P 500 . During 2020, its share price increased 740%, and by December 14, 2020, its market capitalization
455-576: A "range extender" option, which adds a 50 kWh battery to the vehicle. The battery occupies approximately 1 ⁄ 3 of the bed and increases range by 120–130 mi (190–210 km). It is intended for long trips or towing heavy loads up mountains. The Cybertruck offers up to 9.6 kW of vehicle-to-load (V2L) continuous AC power through five outlets: In addition, the Cybertruck also supports up to 11.5 kW AC output for vehicle-to-home (V2H) charging. A Tesla Wall Connector and either
546-433: A 30-minute presentation including a demonstration where the Cybertruck's armored glass withstood a baseball thrown by von Holzhausen. During the delivery event, the Cybertruck was highlighted as being able to accelerate from 0 to 60 mph in 2.6 seconds (0–100km/h in 2.7 seconds), which was demonstrated by a video of the Cybertruck winning a drag race with a Porsche 911 while also towing another Porsche 911, which Musk claimed
637-491: A 35 degree approach angle , and 28 degree departure angle . The Cybertruck uses steer-by-wire , controlled by a " yoke -style steering apparatus". All turns can be completed with less than a full rotation, 340° lock-to-lock , 170° in each direction. Four-wheel steering (rear wheels up to 10°) reduces the turning circle . Steering is speed sensitive and damped to mitigate whipping violently in rough terrain. The front motor can deliver all of its torque to one wheel using
728-428: A Tesla Gateway or Powerwall are required to enable bidirectional loads to a home. Powershare in the Cybertruck does not directly support vehicle-to-grid (V2G) supply due to regulations for feeding power to the grid. A 'wade' mode allows the vehicle to cross water up to 2.5 feet (0.76 m) deep. It uses scuba pack to create positive pressure inside the battery to keep water from entering. The Cybertruck uses
819-499: A dual- or trimotor, all-wheel drive layout. The rear passenger doors open vertically with an articulating " falcon-wing " design. A prototype Model X was first shown in February 2012 and deliveries started in September 2015. The Model X shares around 30 percent of its content with the Model S. The vehicle has seen one major design refresh in June 2021 which revised the interior. The Model 3 is
910-472: A large global engineering headquarters in Palo Alto, moving into a corporate campus once owned by Hewlett Packard . In early 2021, Tesla became a major investor in bitcoin , acquiring $ 1.5 billion of the cryptocurrency , and on March 24, 2021, the company started accepting bitcoin as a form of payment for US vehicle purchases. However, after 49 days, the company ended bitcoin payments over concerns that
1001-611: A lawsuit against Musk for allegedly forcing him out. The case was dismissed in August 2009. Tesla began production of the Roadster in 2008 inside the service bays of a former Chevrolet dealership in Menlo Park. By January 2009, Tesla had raised $ 187 million and delivered 147 cars. Musk had contributed $ 70 million of his money to the company. In June 2009, Tesla was approved to receive $ 465 million in interest-bearing loans from
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#17328553111821092-436: A locking differential. The handling balance can be adjusted to allow drifting. Dual motor all-wheel drive is specified with an estimated range of 340 mi (550 km), while Cyberbeast models have a range of 320 mi (510 km). A rear wheel drive model, slated to begin production in 2025, has a range of 250 mi (400 km). The Cybertruck has an 816 V nominal, 150 Ah structural battery pack with
1183-445: A loss, citing that the cryptocurrency was hurting the company's profitability. Between May 2023 and February 2024, almost all major North America EV manufacturers announced plans to switch to Tesla's North American Charging Standard adapters on their EVs by 2025, which is expected to be a stable source of recurring revenue for Tesla. In November, Tesla started shipping the Cybertruck, produced from Gigafactory Texas. In April 2024,
1274-419: A low-resolution-looking type of truck. And out of that side project, we made a full-size clay model to show Elon. And he's like, 'that's what we're doing. ' " Frank Stephenson was critical, calling the design "almost repulsive" but tempered his criticism by noting it "has the potential to be extremely beautiful" by softening the hard lines. Automotive designer Adrian Clarke was more unsparing: "The Cybertruck
1365-640: A maximum capacity of 123 kWh. The pack serves as a structural member and is composed of 4680 lithium-ion battery cells ; with a stated energy density of 170 Wh/kg for the entire pack, the overall battery pack weight is approximately 1,590 lb (720 kg). The battery is claimed to charge at a maximum rate of 350 kW at charging stations capable of supplying 800 V DC power. Tesla claims that up to 128 or 136 mi (206 or 219 km) (tri-motor or dual-motor versions, respectively) of range can be added in 15 minutes of charging at 400 V DC. The onboard charger can accept AC power at
1456-411: A maximum rate of 11.5 kW at 240 V, 48 A. The 800 V split-pack battery is composed of two smaller 400 V batteries; contactors connect them in parallel for backwards compatibility with existing 400V DC charging infrastructure. The service menu shows the current state of "Series" or "Parallel" (High Voltage/Charging). The dual-motor and tri-motor configurations can be ordered with
1547-403: A new front-end design and again in June 2021, which revised the interior. The Model S was the top-selling plug-in electric car worldwide in 2015 and 2016. More than 250,000 vehicles have been sold as of December 2018 (when Tesla merged production numbers for the Model S and Model X). The Model X is a mid-size luxury crossover SUV offered in 5-, 6- and 7-passenger configurations with either
1638-584: A notably polarizing reception from media. On November 16, 2017, Tesla unveiled the second generation Roadster with a purported range of 620 miles (1,000 km) with a 200-kilowatt-hour (720 MJ) battery pack that would achieve 0–60 miles per hour (0–97 km/h) in 1.9 seconds; and 0–100 mph (0–161 km/h) in 4.2 seconds, and a top speed over 250 mph (400 km/h). A " SpaceX Package" would include cold-gas thrusters . The vehicle would have three electric motors, allowing all-wheel drive and torque vectoring during cornering. The base price
1729-471: A profit on vehicle servicing, which has traditionally been a large profit center for most auto dealerships. In 2016, Tesla recommended having any Tesla car inspected every 12,500 miles or once a year, whichever comes first. In early 2019, the manual was changed to say: "your Tesla does not require annual maintenance and regular fluid changes," and instead it recommends periodic servicing of the brake fluid, air conditioning, tires and air filters. Supercharger
1820-412: A single permanent magnet motor rotor/stator design, a single induction motor rotor/stator design, a single motor inverter design, and a single gear set design—for all three configurations of Cybertruck—tri-motor all-wheel drive (AWD), dual-motor AWD, and single-motor rear-wheel drive (RWD)—delivering a range of power from 845 hp (630 kW) on the tri-motor down to 315 hp (235 kW) in
1911-406: A sports car but have all the utility of a pick-up truck... basically, we were sweating bullets". Franz von Holzhausen stated the design process "started [by] unpacking existing pick-up trucks and realis[ing] that the market hasn't changed at all. [...] Like Gandini , we wanted to do something dramatic that changed everything. I had this simple idea right in the beginning: this exoskeleton idea,
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#17328553111822002-704: A starting price of $ 60,990. In May 2022, Tesla stopped taking orders for the vehicle from customers outside of North America, and in December 2023 Tesla confirmed that the Cybertruck would be available exclusively in North America. Franz von Holzhausen drove a prototype to the Petersen Automotive Museum for an event in late June 2023. In July 2023, the first Cybertruck was built on the production line at Gigafactory Texas ; and Tesla clarified in October that this
2093-407: A thickness of 1.8 and 1.4 mm (0.071 and 0.055 in) for the doors and body, respectively, according to a factory tour video. These panels cannot be stamped like conventional automobile parts, but instead are laser-cut and then bent along straight lines. According to Tesla's VP of Vehicle Engineering Lars Moravy, Tesla had to invent a manufacturing process called "air bending" which shapes
2184-540: A total power output of 600 hp (450 kW). The tri-motor AWD version—"Cyberbeast"—swaps motor locations (PM to front axle, IM to rear axle) and adds a second induction motor on the rear axle, offering a maximum combined output of 845 hp (630 kW) in Beast Mode, split as 276 hp (206 kW) for the front motor and 284 hp (212 kW) for each rear motor. A rear-wheel drive version, announced for delayed production not before 2025, will be equipped with
2275-402: A tri-motor AWD branded as the "Cyberbeast". The RWD model base price was US$ 60,990 to be available in 2025. Its range was 250 mi (400 km) with a top speed of 112 mph (180 km/h). The all-wheel drive was to be available in 2024 at a starting price of $ 79,990, with a range of 340 mi (550 km) and a top speed of 130 mph (210 km/h). The tri-motor Cyberbeast variant
2366-542: A week of the unveiling. Tesla began shipping its third vehicle, the luxury SUV Tesla Model X , in September 2015, which had 25,000 pre-orders at the time. Tesla entered the solar installation business in November 2016 with the purchase of SolarCity , in an all-stock $ 2.6 billion deal. The business was merged with Tesla's existing battery energy storage products division to form the Tesla Energy subsidiary. The deal
2457-428: A week, the company received over 325,000 paid reservations. To speed up production and control costs, Tesla invested heavily in robotics and automation to assemble the Model 3, but the robotics actually slowed the production of the vehicles. This led to significant delays and production problems, a period which the company described as "production hell." By the end of 2018, the production problems had been overcome, and
2548-416: Is 72 in (1,800 mm) long and 48 in (1,200 mm) wide. It has a motorized roller shutter style tonneau cover enclosing a storage area of 67 cu ft (1.9 m ). The cargo bed has sloped side walls. When the tonneau cover is closed, the rear window is blocked, rendering a traditional rear-view mirror, which is not present, useless. To aid visibility when reversing and towing,
2639-460: Is a full-sized pickup truck . First announced in November 2019, pilot production began in July 2023, after being pushed back multiple times, and deliveries began on November 30, 2023. Three models are offered: rear-wheel drive, dual-motor all-wheel drive, and trimotor all-wheel drive, with EPA range estimates of 320–340 miles (510–550 km), depending on the model. The truck's exterior design made from flat sheets of unpainted stainless steel earned
2730-571: Is a low polygon joke that only exists in the fever dreams of Tesla fans that stands high on the smell of Elon Musk's flatulences." Giorgetto Giugiaro , credited with originating the "origami" car design trend with the Lotus Esprit, BMW M1 , and DMC DeLorean , stated in 2023 that "when you step outside the norms, it's almost always seen as a provocation [...] the Cybertruck will surely be successful [...] I'm convinced it will find its admirers". The 300-series stainless-steel panels have
2821-498: Is a tribute to inventor and electrical engineer Nikola Tesla . In February 2004, Elon Musk joined as Tesla's largest shareholder; in 2008, he was named chief executive officer . In 2008, the company began production of its first car model, the Roadster sports car, followed by the Model S sedan in 2012, the Model X SUV in 2015, the Model 3 sedan in 2017, the Model Y crossover in 2020,
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2912-441: Is also a technology company", with its core technologies as "the battery, the computer software, and the proprietary motor". Ian Wright was Tesla's third employee, joined a few months later. In February 2004, the company raised US$ 7.5 million (equivalent to $ 12 million in 2023) in series A funding , including $ 6.5 million (equivalent to $ 10 million in 2023) from Elon Musk, who had received $ 100 million from
3003-520: Is an American multinational automotive and clean energy company. Headquartered in Austin, Texas , it designs, manufactures and sells battery electric vehicles (BEVs), stationary battery energy storage devices from home to grid-scale , solar panels and solar shingles , and related products and services. Tesla was founded in July 2003 by Martin Eberhard and Marc Tarpenning as Tesla Motors . Its name
3094-520: Is that data travels over the same network, as opposed to traditional CAN bus systems which require individual connections, reducing the amount of wiring in the vehicle. Audio travels over the same network. For comparison, while the number of endpoints increased 50% over the Model 3, the amount of cross-vehicle wiring was reduced by two-thirds. The Cybertruck has been criticized for its poor build quality, malfunctions, and price hikes following reservations. However, in 2024, Car and Driver magazine gave
3185-469: Is the branding used by Tesla for its high-voltage direct current fast chargers . Tesla also has a network of "Destination Chargers," slower than Superchargers and intended for locations where customers are expected to park and stay for several hours, such as hotels, restaurants, or shopping centers. Unlike the Supercharger network, Tesla does not own the destination chargers, instead, property owners set up
3276-400: Is to service its vehicles first through remote diagnosis and repair. If it is not possible to resolve a problem remotely, a mobile technician is dispatched or customers are referred to a local Tesla-owned service center. As of October 2024 , the company operates 1,306 retail stores, galleries, service, delivery and body shop locations globally. Tesla has said that it does not want to make
3367-599: The Lotus Esprit driven by James Bond in The Spy Who Loved Me , which doubled as a submarine. Like most vehicles, the Cybertruck can float for short periods of time. In a Musk biography by Walter Isaacson , Musk's son Saxon was quoted as asking, "Why doesn't the future look like the future?", which Musk used as an inspiration for the design and repeated during the delivery event. Lars Moravy confirmed Musk's involvement: "Elon threw in that it had to drive like
3458-564: The Tesla Model Y launch, Musk distributed a teaser image of a vehicle described as having a cyberpunk or Blade Runner style, with the form resembling a futuristic armored personnel carrier . It was rumored to be named the Model B . On November 6, 2019, Tesla filed for a trademark on "Cybrtrk", which was granted by the United States Patent and Trademark Office but was later abandoned on August 10, 2020. A concept Cybertruck
3549-544: The Tesla Semi truck in 2022 and the Cybertruck pickup truck in 2023. In June 2021, the Model 3 became the first electric car to sell 1 million units globally. In 2023, the Model Y was the best-selling vehicle, of any kind, globally. In January 2024, the Model Y became the best-selling BEV in history. Tesla is one of the world's most valuable companies in terms of market capitalization . Starting in July 2020, it has been
3640-676: The United States Department of Energy . The funding, part of the $ 8 billion Advanced Technology Vehicles Manufacturing Loan Program , supported the engineering and production of the Model S sedan, as well as the development of commercial powertrain technology. Tesla repaid the loan in May 2013, with $ 12 million in interest. In May 2010, Tesla purchased the NUMMI plant in Fremont, California from Toyota for $ 42 million. On June 29, 2010,
3731-607: The first-generation Tesla Roadster , is no longer sold. Tesla has plans for a second-generation Roadster , the Cybercab, and the Robovan. Here is a list of Tesla models: The Model S is a full-size luxury car with a liftback body style and a dual motor, all-wheel drive layout. Development of the Model S began before 2007 and deliveries started in June 2012. The Model S has seen two major design refreshes, first in April 2016, which introduced
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3822-534: The Cybertruck a score of 8.5 out of 10, saying that "The buzz-worthy Cybertruck leads with show-pony party tricks and high-tech features, but it's also a capable workhorse with a practical side." The Cybertruck's post-apocalyptic dystopian marketing has been described as a reflection of perceived societal decay within America. The Cybertruck's stainless steel finish is prone to surface contamination that looks like rust, and requires special care such as avoiding washing
3913-470: The Cybertruck was only shipping in the United States and Canada. Tesla CEO Elon Musk 's ideas for a pickup truck were first stated publicly in 2012 and 2013, envisioning to build a "Tesla supertruck with crazy torque, dynamic air suspension, and corners like it's on rails". In early 2014 Musk predicted 4–5 years before work could start on the product, then in a 2014 interview with CNN , Musk stated that
4004-458: The Model 3 became the world's best-selling electric car from 2018 to 2021. This period of "production hell" put significant financial pressure on Tesla, and during this time it became one of the most shorted companies in the stock market. On August 8, 2018, amid the financial issues, Musk posted on social media that he was considering taking Tesla private. The plan did not materialize and gave rise to much controversy and many lawsuits including
4095-685: The Model 3. Deliveries started in March 2020. During this period, Tesla invested heavily in expanding its production capacity, opening three new Gigafactories in quick succession. Construction of Gigafactory Shanghai started in January 2019, as the first automobile factory in China fully owned by a foreign company (not a joint venture). The factory's first production vehicle, a Model 3, rolled out in December, less than one year after groundbreaking. Gigafactory Berlin broke ground in February 2020, and its production of
4186-730: The Model 3. In the first quarter of 2023, the Model Y outsold the Toyota Corolla to become the world's best-selling car, the first electric vehicle to claim the title. The Tesla Semi is a Class 8 semi-truck by Tesla, Inc. with a tri-motor, rear-wheel drive layout. Tesla claims that the Semi has approximately three times the power of a typical diesel semi truck, and a range of 500 miles (800 km). Two prototype trucks were first shown in November 2017 and initial deliveries were made to PepsiCo on December 1, 2022. Tesla stated in April 2024 that it plans full production in late 2025. The Cybertruck
4277-569: The Model Y began in March 2022. Gigafactory Texas broke ground in June 2020, and its production of the Model Y began in April 2022. In March 2023, Tesla announced plans for a Gigafactory Mexico to open in 2025, but its groundbreaking has been delayed. At the beginning of the COVID-19 pandemic , Tesla closed the Fremont Factory in March 2020 due to California state and Alameda county COVID restrictions. When California lifted restrictions, but
4368-531: The Roadster, and in June 2012, the company launched its second car, the Model S luxury sedan. The Model S won several automotive awards during 2012 and 2013, including the 2013 Motor Trend Car of the Year , and became the first electric car to top the monthly sales ranking of a country, when it topped the Norwegian new car sales list in September 2013. The Model S was also the best-selling plug-in electric car worldwide for
4459-540: The Tesla pickup would be the equivalent of a Ford F-150 . In mid-2016, the outline for a consumer pickup truck was included in part 2 of the Tesla Master Plan. Musk suggested that the same chassis could be used for a van and a pickup truck. In 2017, Musk teased the picture of a "pickup truck that can carry a pickup truck" was displayed at the official reveal for the Tesla Semi and Roadster. In March 2019, following
4550-402: The United States. At the end of the presentation, a concept Tesla Cyberquad all-terrain vehicle (ATV) was driven onto the bed of the Cybertruck using a built-in ramp in the tailgate. The Cyberquad was plugged into the Cybertruck's onboard power outlet to charge its batteries. The ATV was anticipated for future sale as a Cybertruck option. In 2019, many social media commentators criticized
4641-469: The announcement event. Production is planned to commence sometime before 2027. The Tesla Robovan is an electric autonomous van planned for future development by Tesla. Announced in October 2024, the vehicle is being designed to carry up to 20 passengers. The original Tesla Roadster was a two-seater sports car, evolved from the Lotus Elise chassis. It was produced from 2008 to 2012. The Roadster
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#17328553111824732-402: The back row. The vehicle has an 18.5 in (47 cm) touch-screen display in the front for most of the climate, media, and vehicle controls. The vehicle also contains a 9.4 in (24 cm) touch-screen for the rear seat passengers. The steering wheel is in the shape of a " squircle " (combination of a square and a circle), with a flat top and bottom, and round sides. The cargo bed
4823-656: The company announced it was laying off 10% of its employees. In June, the company moved its incorporation from Delaware to Texas. In October, the company unveiled a concept version of two autonomous vehicles—the Cybercab and Robovan —and detailed that both would be an integral part of a Tesla ridehailing service called the Tesla Network , a future service they had previously teased in 2019. As of November 2024 , Tesla offers six vehicle models: Model S, Model X, Model 3, Model Y, Semi, and Cybertruck. Tesla's first vehicle,
4914-497: The company uses individual vehicle data to offer personalized pricing that can increase or decrease in cost based on the prior month's driving safety score. Cybertruck The Tesla Cybertruck is a battery electric pickup truck built by Tesla, Inc. since 2023. Introduced as a concept vehicle in November 2019, it has a controversial body design reminiscent of low-polygon modelling , consisting of flat stainless steel sheet panels. Tesla initially planned to produce
5005-585: The company went public via an initial public offering (IPO) on the NASDAQ , the first American car company to do so since the Ford Motor Company had its IPO in 1956. The company issued 13.3 million shares of common stock at a price of $ 17 per share, raising $ 226 million. In October 2010, Tesla opened the Tesla Factory to start production of the Model S. In January 2012, Tesla ceased production of
5096-420: The company, but was not deeply involved in day-to-day business operations. The company's strategy was to start with a premium sports car aimed at early adopters and then move into more mainstream vehicles, including sedans and affordable compacts. In February 2006, Musk led Tesla's Series B venture capital funding round of $ 13 million, which added Valor Equity Partners to the funding team. Musk co-led
5187-646: The county did not, Tesla sued the county, and restarted production on May 11, 2020. The county lifted restrictions on May 13, 2020, and Tesla dropped its lawsuit. After the dispute with county officials, on December 1, 2021, Tesla moved its legal headquarters to Gigafactory Texas. However, Tesla continued to use its former headquarters building in Palo Alto, and over the next two years significantly expanded its footprint in California. The company opened its Megafactory to build Megapack batteries in Lathrop, California in 2022, and announced in February 2023 that it would establish
5278-419: The delivery event on November 30, 2023. Since the delivery event, the price for a deposit was increased to $ 250. In August 2024, the Cybertruck was readily available for delivery in the U.S. and Tesla shut down the reservation process. In 2019, Musk claimed that the Cybertruck would be available in late 2021, starting at $ 39,900. The date was later pushed to 2022, and eventually it was pushed to late 2023, with
5369-581: The devices and set pricing. When the network first launched in 2014, Tesla provided free charging equipment and covered installation costs. One of the largest providers is hotel chain Hilton Worldwide which in 2023 announced an agreement with Tesla to install 20,000 chargers across 2,000 of its properties in North America by 2025. Tesla has offered its own vehicle insurance in the United States since 2017 and has been acting as an independent insurance producer since 2021 as Tesla Insurance Services, Inc. It
5460-402: The dual-motor variant priced at $ 99,990, while the tri-motor "Cyberbeast" variant was priced at $ 119,990. In October Tesla began shipping the standard models priced as promised at the delivery event. As of October 2024, industry experts estimate that at least 27,185 Cybertrucks have been sold. According to Musk, the design of the Cybertruck was inspired by Blade Runner and " Wet Nellie ",
5551-418: The exterior and interior. The Model Y is a mid-size crossover SUV offered in 5- and 7-passenger configurations with a single‐motor, rear-wheel drive or a dual-motor, all-wheel drive layout. The vehicle was designed to be more affordable than the luxury Model X SUV. A prototype Model Y was first shown in March 2019, and deliveries started in March 2020. The Model Y shared around 75 percent of its content with
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#17328553111825642-415: The feed from rear-facing cameras is displayed on the main touchscreen. The bed area is illuminated with LED light strips along each side, contains a storage area below the main cargo deck behind the rear wheels, and has 120 and 240 V AC power outlets. The Cybertruck uses a central, bi-directional gigabit Etherloop network with CAN bus satellite networks to operate vehicle systems. The result
5733-407: The first gigafactory, Tesla partnered with Panasonic to produce battery cells at the same facility where the vehicles would be manufactured, creating economies of scale and improving control of the battery supply chain . By locating two major manufacturing facilities within the same structure, Gigafactory Nevada notably became the second-largest building in the world (by volume) once construction
5824-451: The lack of a public relations department, and controversial statements from Musk including overpromising on the company's driving assist technology and product release timelines. The company was incorporated as Tesla Motors, Inc. on July 1, 2003, by Martin Eberhard and Marc Tarpenning . They served as chief executive officer and chief financial officer , respectively. Eberhard said that he wanted to build "a car manufacturer that
5915-444: The number of preorders to 250,000 on November 26. In October 2021, Tesla removed the Cybertruck's pricing and specifications from its website without explanation while still accepting deposits. At the 2022 annual shareholders meeting, in response to a question, Elon Musk stated that final specifications and pricing would be different from those unveiled on the concept vehicle in 2019. Preorders were temporarily shut down prior to
6006-530: The production of bitcoin was contributing to the consumption of fossil fuels, against the company's mission of encouraging the transition to sustainable energy. After the announcement, the price of bitcoin dropped around 12%. Tesla CEO Elon Musk later noted that Tesla would resume bitcoin payments if there was confirmation of at least 50% clean energy usage by bitcoin miners. Despite later reaching this milestone, Tesla did not return to accepting bitcoin. By July 2022 Tesla had sold about 75% of its bitcoin holdings at
6097-482: The sale of his interest in PayPal two years earlier. Musk became the chairman of the board of directors and the largest shareholder of Tesla. J. B. Straubel joined Tesla in May 2004 as chief technical officer . A lawsuit settlement agreed to by Eberhard and Tesla in September 2009 allows all five – Eberhard, Tarpenning, Wright, Musk, and Straubel – to call themselves co-founders. Elon Musk took an active role within
6188-489: The sharp contours and unusual exterior shown in the concept vehicle. The prototype was exhibited at the Petersen Automotive Museum in June 2020 and returned in November 2022. Beginning in November 2019, Tesla accepted Cybertruck reservations with a refundable US$ 100 deposit. On November 23, 2019, Musk tweeted that Tesla had received 146,000 reservations in the first 1.5 days after the unveiling. Musk updated
6279-478: The single permanent magnet motor on the rear axle. In late 2021, Tesla contemplated adding a quad-motor option, but it was not offered when the production vehicles were brought to market in late 2023. The Cybertruck uses active air suspension at both axles. The Cybertruck has self-leveling suspension that can compensate for variable load weights. Up to 12 inches (30 cm) of suspension travel and 17.4 inches (44 cm) of ground clearance are provided, with
6370-419: The single-motor version. All powertrain components for both motor types are housed in a liquid-cooled integrated subassembly that includes the rotor/stator, inverter and the 15:1-ratio gear set. The dual-motor AWD version uses an induction motor on the front axle with a maximum output of 303 hp (226 kW) and a permanent magnet motor on the rear axle with a maximum output of 297 hp (221 kW) for
6461-426: The steel with high air pressure without actually touching the surface. The Cybertruck's stainless steel finish is prone to rust spots and requires special care such as avoiding washing the vehicle in direct sunlight. In 2019, it was reportedly going to use a stainless-steel alloy developed by Tesla in partnership with Aperam . Tesla stated that they use a platform approach to the powertrain components—using only
6552-413: The term "gigafactory" to refer to their facilities. The term is therefore understood to generically refer to large industrial facilities which are associated with the decarbonization and electrification trend. Gigafactory may specifically refer to the following Tesla factories: Tesla, Inc. Tesla, Inc. ( / ˈ t ɛ s l ə / TESS -lə or / ˈ t ɛ z l ə / TEZ -lə )
6643-668: The term. The term "gigafactory" has also been adopted by other companies which are involved in the manufacture of electric vehicles and other clean tech products. Established automobile manufacturers such as Jaguar Land Rover and Volkswagen now use the term to refer to their own electric vehicle factories. Newer companies such as Stellantis have also embraced the term by referring to four new "gigafactories" in France which will produce lithium-ion batteries for electric vehicles. Other companies such as Holosolis and 3Sun , which only produce solar cells and finished solar panel assemblies, also use
6734-436: The third, $ 40 million round in May 2006 which saw investment from prominent entrepreneurs including Google co-founders Sergey Brin and Larry Page , and former eBay President Jeff Skoll . A fourth round worth $ 45 million in May 2007 brought the total private financing investment to over $ 105 million. In August 2007, Eberhard was asked by the board, led by Elon Musk, to step down as CEO. Eberhard then took
6825-492: The title of "President of Technology" before ultimately leaving the company in January 2008. Co-founder Marc Tarpenning, who served as the Vice President of Electrical Engineering of the company, also left the company in January 2008. In August 2007, Michael Marks was brought in as interim CEO, and in December 2007, Ze'ev Drori became CEO and president. Musk succeeded Drori as CEO in October 2008. In June 2009, Eberhard filed
6916-617: The vehicle in direct sunlight and drying after rain. In the first year after its release, the Cybertruck had fifteen complaints and five separate recalls, according to the National Highway Traffic Safety Administration (NHTSA): As of June 2024 , only 11,688 Cybertrucks had been sold despite the 2 million reservations made by December 2023. In July 2024, the Cybertruck was added to Fortnite and Rocket League . Fortnite users quickly pledged on social media to target in-game anyone who used
7007-449: The vehicle in late 2021, but after many delays, it entered production in mid-2023 and was first delivered to customers in November 2023. Two models are currently offered: a tri-motor all-wheel drive (AWD) model called Cyberbeast, and a dual-motor AWD model. A single-motor rear-wheel drive (RWD) model is slated to be available in 2025. EPA range estimates cover 250–340 miles (400–550 km), varying by model. As of November 2024 ,
7098-483: The vehicle should be available for delivery in the first half of 2025. The Tesla Cybercab, also known as the Robotaxi, is an upcoming two-passenger battery-electric self-driving car under development by Tesla. The vehicle will be fully autonomously controlled, and has no steering wheel or pedals. A concept version of the Cybercab was unveiled in October 2024, with 20 prototypes providing short rides to attendees of
7189-460: The windows were damaged because, in an earlier demonstration, the door had been hit by a sledgehammer that cracked the base of the glass. Tesla released a video of Cybertruck pulling a rear-wheel-drive Ford F-150 uphill in a tug of war. News outlets pointed out this was due to the Cybertruck's heavier weight. Tesla's stated goal was to provide a sustainable energy substitute for the roughly 6,500 fossil-fuel-powered pickup-trucks sold per day in
7280-678: The world's most valuable automaker. In October 2021, Tesla temporarily became a trillion-dollar company , the seventh U.S. company to do so, and did so again in November 2024. In 2023, the company led the battery electric vehicle market, with 19.9% share. Also in 2023, the company was ranked 69th in the Forbes Global 2000 . Tesla has been the subject of lawsuits, government scrutiny, and journalistic criticism , stemming from allegations of multiple cases of whistleblower retaliation, worker rights violations such as sexual harassment and anti-union activities, safety defects leading to dozens of recalls,
7371-587: The years 2015 and 2016. On July 15, 2013, Tesla became a NASDAQ-100 company. Tesla announced the Tesla Autopilot , a driver-assistance system, in 2014. In September that year, all Tesla cars started shipping with sensors and software to support the feature, with what would later be called "hardware version 1". Tesla entered the energy storage market, unveiling its Tesla Powerwall (home) and Tesla Powerpack (business) battery packs in April 2015. The company received orders valued at $ 800 million within
7462-405: Was pilot production . Wes Morrill is the lead engineer and team lead for Cybertruck development. Serial production began by November 2023. Production-specification Cybertrucks were sent to Tesla showrooms starting in late November 2023. During the delivery event at Gigafactory Texas on November 30, 2023, Tesla delivered the first 10 or 12 production units to customers. The event featured
7553-561: Was complete. More recent Tesla factories such as Gigafactory Berlin produce battery cells, battery packs, electric drivetrains, and other components which are incorporated into finished electric vehicle assemblies at the same facility using advanced robotics. This level of vertical integration allows Tesla to produce vehicles more quickly and reduce its exposure to supply chain problems. Conversely Gigafactory New York produces photovoltaic cells and Tesla Supercharger assemblies but does not produce batteries or vehicles, broadening usage of
7644-424: Was controversial because at the time of the acquisition, SolarCity was facing liquidity issues of which Tesla's shareholders were not informed. In February 2017, Tesla Motors changed its name to Tesla, Inc. to better reflect the scope of its expanded business. Tesla unveiled its first mass market vehicle in April 2016, the Model 3 sedan. The Model 3 was less expensive than Tesla's previous three vehicles, and within
7735-688: Was introduced after the American Automobile Association (AAA), a major insurance carrier, raised rates for Tesla owners in June 2017 after a report concluded that the automakers vehicles crashed more often and were pricier to repair than comparable vehicles. A study in 2018 based on data from the Insurance Institute for Highway Safety confirmed the findings. The company says that it uniquely understands its vehicles, technology and repair costs, and can eliminate traditional insurance carriers' additional charges. In states where allowed,
7826-505: Was more than the next nine largest automakers combined, and it became the sixth most valuable company in the US. Tesla was added to the S&;P index on December 21, 2020; it was the most valuable company ever added, and was the sixth-largest member of the index immediately after it was added. Tesla introduced its second mass-market vehicle in March 2019, the Model Y mid-size crossover SUV , based on
7917-465: Was offered at $ 99,990, also to be available in 2024. Compared to the 2019 unveiling of the concept Cybertruck, base prices had risen by US$ 21,000–39,000, depending on the model, an increase of 53% to 64%. In August 2024, Tesla discontinued the option to reserve the least expensive version of the Cybertruck (previously priced at $ 61,000). Until October 2024 only the Foundation Series were sold with
8008-402: Was over a distance of 1 ⁄ 4 mi (0.40 km), but based on pavement markings and grandstand position at Sacramento Raceway Park , where the race was recorded, was more likely to be 1 ⁄ 8 mi (0.20 km). At the delivery event, final pricing, availability, and product details were also announced. Three models were announced: single-motor RWD, dual-motor AWD, and
8099-402: Was set at $ 200,000. Initially scheduled to ship in 2020, the vehicle has been repeatedly delayed. In July 2024, Musk said that the Roadster should enter production in 2025. The Tesla next-generation vehicle is an announced battery electric platform. It would become the third platform for the company. Vehicles based on this platform are not expected before 2025. In July 2024, Musk said that
8190-482: Was the first highway-legal serial production electric car to use lithium-ion battery cells, and the first production all-electric car to travel more than 200 miles (320 km) per charge. Tesla cars come with "Standard Connectivity", which provides navigation using a cellular connection. For a fee, Tesla offers a subscription to "Premium Connectivity" which adds live traffic and satellite maps to navigation, internet browsing, and media streaming. Tesla's strategy
8281-494: Was unveiled in Los Angeles, California, in November 21, 2019 —the same month, year, and location in which the movie Blade Runner was set. The Cybertruck was launched under a graffiti-themed logo of "Cybertruck". During the unveiling, Tesla claimed that the Cybertruck's "Armor Glass" windows were virtually unbreakable, but two windows shattered when Franz von Holzhausen threw a metal ball at each of them. Musk later claimed that
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