2024 Tesla Cybertruck All Wheel Drive Foundation-edition on 2040-cars

Auto blog

Is Tesla building a new skunkworks facility in Lathrop, California?

Tesla Motors has a secret. The California automaker has leased, and is now renovating, a 431,000-square foot former Daimler-Chrysler distribution facility in Lathrop, CA, but is not saying exactly what it will be using the space for. At least, not yet. About an hour's drive east from its Fremont, CA factory, the property is located just off the north-to-south Interstate 5 (I-5) and has extra acreage to expand the building by another 124,980 sq-ft, if needed. Designed to handle a lot of shipping in and out, one side of the structure is gifted with 32 truck docking bays. With no official word on the type of activities that are planned for the facility, it is only natural that we would want to speculate a bit. There is one clue out there that can aid our hypothesizing. The job section of the company's website lists a number of openings that would indicate manufacturing of some sort is intended for the space. We'll go ahead and rule out serial vehicle production, since the Fremont space still has ample room for that activity to handle the upcoming Model X and the more affordable future vehicle. It's far too small to be a battery gigafactory, so could it be instead a kilofactory ? Probably not. Of course, it could just be a new site for producing components for the Fremont production lines, but that doesn't sound nearly as exciting. It also doesn't seem to be worthy of secrecy. The coolest – though not necessarily most accurate – thing we can come up with is a skunkworks. A secret lair where new concepts are conceived and developed away from the prying eyes of the public. Yeah, we'll go with that. When we contacted Tesla for clues about the facility's purpose we got a boilerplate response, though interestingly, they might have thrown us another mysterious bone in the process. And we quote, "Tesla is continuing to invest and create jobs in California as part of our ongoing infrastructure expansion. In the last two months, we have signed leases for more than 625,000 square feet of Californian real estate, independent of sales and service centers. These recent investments reinforce our commitment to California and will help us continue to bring compelling electric vehicles to market at affordable prices." With a 194,00-sq ft discrepancy between the known Lathrop acquisition and the numbers given by the automaker, it seems that may be yet another decent-sized unknown building in the mix.

Tesla stock takes big tumble after Musk's Detroit speech

Frank talk from Tesla Motors founder Elon Musk at the 2015 Detroit Auto Show sent the company's stock falling one Wednesday, after the CEO warned his company wouldn't achieve profitability until the dawn of the next decade. The nine-percent drop left share prices in the EV manufacturer at $185.60 during pre-market trading on Wednesday, The International Business Times reports. It did rally after trading started, though, hitting over $191 as of this writing. The big worry for shareholders appeared to be Musk's statements on Tesla's Chinese fortunes. The company's efforts there suffered a fourth-quarter sales decline that saw consumer concern over the network of quick-charging stations that provide Model S owners with free electricity, IBT reports. According to Musk, that particular thorn in the company's side has been dealt with, and if Chinese consumers are still concerned, further expansion is already planned, but not all pundits are convinced China's charging problem is behind Tesla.

What is the fastest car in the world in 2024?

It wasn't that long ago that the notion of reaching 200 miles per hour in a car, on a road, seemed basically impossible. As you likely know by now, that time has passed. And once that threshold was crossed, the automotive world immediately began eying the next triple-digit benchmark: 300 miles per hour. It may have taken a little while, but the 300-mph line has been crossed, and some cars have moved well past that seemingly insane speed number. While some of these speeds have been achieved in simulations (including the fastest car listed below), there's little doubt that a driver with nerves of steel and a heavy right foot could indeed push several automobiles up to 300 miles per hour and beyond. Interestingly, it’s not just one car or automaker in the 300-mph club, as a handful of models have earned a place (sometimes claimed but not yet demonstrated) on the leaderboard. The fastest car in the world is: Koenigsegg Jesko Absolut (330 MPH) That title goes to the Koenigsegg Jesko Absolut, which recorded a staggering 330 mph top speed earlier in 2023. The carÂ’s twin-turbocharged 5.0-liter V8 lays down 1,600 horsepower and 1,106 pound-feet of torque, which plays a significant role in delivering that speed, but KoenigseggÂ’s engineers have given the car a lot more than mind-blowing power. The Jesko Absolut has a super-slippery 0.278 drag coefficient and a nine-speed transmission that shifts so quickly itÂ’s almost imperceptible. Koenigsegg calls it a Light Speed Transmission (LST), saying its shifts happen at almost light speed. While that might be a slight exaggeration, the gearbox is impressive, bringing several wet multi-disc clutches and a super lightweight construction. As Koenigsegg says, "the Jesko Absolut is destined to achieve higher, more extraordinary speeds than any Koenigsegg or any other fully homologated car before it." How expensive is the Koenigsegg Jesko Absolut? If you were reading that and wondering how much the fastest car in the world costs, the price tag is just another dizzying number on the Jesko Absolut's spec sheet. All 125 Absolut cars offered sold out at a price of almost $3 million. Of course, being able to afford the Koenigsegg is just the first step in realizing its full potential. There are very few places on the map that can support a 300-plus-mph speed run, and the locations that do are not conveniently located.