Tesla does not follow the former auto industry standard of monthly reporting. For Nikola Tesla's motors, see, "Tesla electric car" redirects here. After two vehicle fires in 2013 due to road debris, the Model S was retrofitted with a multi-part aluminum and titanium protection system to reduce the possibility of damage. [314] The first delivery in Europe took place in August 2013. [571], Between October 17, 2018, and November 9, 2018, five derivative lawsuits were filed in the Delaware Court of Chancery against Mr. Musk and the members of Tesla's board of directors as then constituted in relation to statements made and actions connected to a potential going-private transaction. Musk said that the new model will have a range of 620 miles (1,000 km) on the 200 kWh (720 MJ) battery pack and will achieve 0–60 mph in 1.9 seconds; it also will achieve 0–100 mph in 4.2 seconds,[391] and the top speed will be over 250 mph (400 km/h). In September, 2020, Tesela announced an increase in pricing to the Powerwall product line due to increased demand. Tarpenning, who was also vice president of electrical engineering, supervising the development of electronic and software systems for the Roadster, also left the company in 2008.

Advanced technologies like the prospect of a large network of solar-powered supercharger stations (first installation was in 2012; only a few were solar-powered as of mid 2019[684]) also lagged projections. Russell had most recently been President and CEO of Nikola Corporation investor Worthington Industries. This resulted in the combined company being listed on the NASDAQ exchange with the NKLA ticker symbol. [659][660], On March 29, 2018, Tesla issued a worldwide recall of 123,000 Model S cars built before April 2016 due to corrosion-susceptible power steering bolts, which could fail and require the driver to use "increased force" to control the vehicle.

[516], In July 2018, Tesla signed an agreement with Chinese authorities to build a factory in Shanghai, China, which is Tesla's first Gigafactory outside of the United States. [412], During Tesla's 2020 Battery Day Event, Musk revealed roughly 600,000 Cybertruck preorders. [423] In 2018, Musk indicated a plan to enter a new market segment, offering a compact hatchback in "less than five years". [687] An analyst with Cowan and Company, a public relations firm, made this comment: "Elon Musk needs to stop over promising and under delivering". [658], On April 20, 2017, Tesla issued a worldwide recall of 53,000 (~70%) of the 76,000 vehicles it sold in 2016 due to faulty parking brakes which could become stuck and "prevent the vehicles from moving".

The vehicle will have three electric motors allowing for all-wheel drive, and torque vectoring during cornering and the SpaceX Package which will include SpaceX cold air thrusters that will increase the speed even more.

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