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Dodge “Demon” looks to dethrone Tesla’s title for “quickest production car” in the world
Tesla sent shock waves through the automotive world in February when Motor Trend crowned the Model S P100D the quickest production car in the world after a 2.28 second run to 60 miles per hour. Do a few hundredths of a second really matter? In the real world, no. But in terms of image, they matter a great deal. Tesla garnered an enormous amount of valuable publicity from the Motor Trend story, and subsequently many 1/4 mile world records being set in a P100D.
Dodge has now responded to the marker laid down by Tesla. Starting this fall, it will offer a special edition of the Dodge Challenger SRT called the “Demon”. Dodge says it can scamper to the magic 60 mile per hour mark in 2.1 seconds, which will allow it to claim the title of quickest production car in the world.
The Demon features a great honking beast of a V8 engine topped with an enormous supercharger and compound intercooling. The Demon engine has 808 horsepower and 717 lb-ft of torque when running on 91 octane pump gas. Put 100+ octane racing fuel in the tank and it’s capable of 840 hp and 770 lb-ft of torque. There’s a big button on the dash the driver can push to change the engine mapping in order to extract maximum power from the racing gas.
The Demon comes from the factory with a driver’s seat and a two speaker stereo. It has almost no sound insulation and no carpeting. The car has smaller brakes and hollow antiroll bars to save weight. If the customer really needs a passenger seat, one can be added for $1 when the order is placed ($1,160 if purchased later). A back seat is available for another $1. A 19-speaker sound system can also be specified.
The Demon is the result of a two year campaign by a small team of 25 Dodge engineers. Compared to the engine in the Hellcat, the Demon’s power plant has 97 new parts including a new crankshaft, new connecting rods, new pistons, a new steel camshaft, and a new valve train. A larger supercharger is fitted and boost pressure is raised from 11.6 psi to 14.5 psi. The engineers also altered the software that controls the eight speed automatic transmission to add a transbrake function. In Drag mode, it allows the engine to build power while the car remains stationary until a flick of the paddle shifter unleashes the beast.
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- Credit: Dodge
Photo credit: Motor Trend
“Sometimes you need to ignore the data, disregard the focus groups, and build a car that can define itself,” says Dodge President Tim Kuniskis. “A lot of halos don’t have the greatest business cases.” The halo effect the Hellcat did not go unnoticed in the Dodge board room. While sales of the Hellcat were minimal, orders for the Scat Pack, a special appearance package comprised of stripes, stickers and decals, exploded. 17% of Dodge Challenger buyers now opt for the Scat Pack, an idea that harks back to the muscle car days of the 1960’s.
The Dodge Demon may be a production car, but its numbers will be limited. Only 3,300 will be built — 3,000 for the US market and 300 for Canada. It is definitely intended for serious racers. It can be ordered with The Crate, a box full of go fast goodies that fits in the trunk and includes skinny wheels and tires for the front end on track day. It also contains a special air filter, a tire pressure gauge, and a leather bound manual with tips on how to go drag racing and pages to record data from each run.
There is no doubt the Dodge Demon is an awesome car with brutal acceleration. Its 0-60 run in 2.1 seconds has been verified. But as Motor Trend points out, that feat was achieved at a drag strip, where years of racing have coated the track surface with sticky rubber. The Tesla Model S P100D record was achieved on a public road. The Model S also seats 5 in supreme comfort and is just as happy taking the family to Easter dinner as it is performing banzai runs to 60. The Models S is also a zero emissions vehicle. The Dodge Demon? Not so much.
Still, bragging rights are all about one thing — being quicker than the other guy. Once the Demon hits the streets, we can expect P100D drivers to challenge the new Challenger. Let the Dodge Demon versus Model S drag racing videos begin!
Tesla CEO Elon Musk posted a photo of himself standing with the Optimus production team inside Tesla’s Fremont factory, arms crossed amid workers in hard hats and safety vests. The image captures a pivotal industrial shift: the same facility space once dedicated to building Tesla’s flagship Model S sedan and Model X SUV is now home to the company’s humanoid robot manufacturing line.
Walking the Optimus production line in Fremont pic.twitter.com/ABS0tuRibW
— Elon Musk (@elonmusk) July 1, 2026
Tesla’s Fremont Factory, acquired in 2010 from the former NUMMI joint venture between Toyota and GM, has been the company’s original U.S. manufacturing hub since Model S production began in 2012.
The Model X followed soon thereafter. These premium vehicles offered lower annual volumes, recently around 30,000 combined, compared to the high-volume Model 3 and Model Y lines that continue around the site. Over their combined run, the S and X accounted for roughly 610,000 units.
In late January 2026, during Tesla’s Q4 2025 earnings call, Elon Musk announced the end of Model S and Model X production in Q2 2026. The final vehicles rolled off the line in early May. Rather than retooling for another vehicle, Tesla chose to convert the dedicated S/X assembly area into a dedicated Optimus Gen 3 production line.
Model 3 and Y manufacturing remains unaffected. Tesla’s official Fremont Factory page now lists Optimus alongside the 3 and Y as core products.
The conversion was executed with remarkable speed. After production stopped, crews dismantled the existing vehicle line and installed entirely new modular equipment—including lines sourced from Germany and dozens of sub-lines for actuators, batteries, and other components—in roughly four months.
Musk described the timeline as “insanely fast,” noting it would be unprecedented for any other manufacturer. Initial Optimus output is expected to ramp slowly due to the robot’s roughly 10,000 unique parts and the brand-new production processes involved. The Fremont line targets an eventual capacity of 1 million Optimus units per year.
Tesla isn’t joking about building Optimus at an industrial scale: Here we go
Optimus Development Timeline
- August 19, 2021: Optimus (then called Tesla Bot) formally announced at Tesla’s first AI Day. A concept video showed a person in a suit demonstrating the vision for a general-purpose humanoid capable of dangerous, repetitive, or boring tasks using the same AI architecture as Full Self-Driving.
- 2022: Early prototypes displayed. At the second AI Day in September, semi-functional units demonstrated walking across a stage and basic arm movements
- 2023: September videos showed improved capabilities, including sorting colored blocks, precise limb awareness, and holding a Yoda pose.
- 2024-early 2025: Factory integration videos showed Optimus navigating workspaces and handling objects like battery cells.
- January 2026: Gen 3 mass-production activities began at Fremont, with reports of over 1,000 Gen 3 units already operating inside the factory for real-world learning and AI training
- April 2026: Musk confirms Optimus production on converted Fremont line would begin in late July or August 2026. The Gen 3 reveal, originally eyed for Q1, was pushed closer to production start. A second, much larger Optimus factory at Giga Texas is under construction, with volume production targeted for Summer 2027 and long-term capacity of 10 million units annually
- July 1, 2026: Musk’s on-site visit and team photo confirm the Optimus line is operational and the transition is actively progressing
Tesla positions Optimus as potentially its largest project ever, leveraging vertical integration, AI expertise, and car-like manufacturing know-how to scale humanoid robots first for its own factories and later for broader industrial and consumer use.
The Fremont conversion serves as a critical proving ground for this ambitious new chapter in Tesla’s already-rich history.
Investor's Corner
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
Tesla short seller Michael Burry, the subject of the film “The Big Short,” where he was portrayed by Steve Carell, has revealed he has opened a new bet against the stock.
In a new update to his Substack newsletter in a post titled “Trading Post June 30, 2026,” Burry revealed a new set of bets against Tesla, Caterpillar, NVIDIA, Applied Materials Inc., and the iShares Semiconductor ETF.
In regard to Tesla, Burry wrote:
“And finally I shorted Tesla at 416.22. Happy it jumped back to this level.”
This means Burry likely opened his new short position after the company’s recent rally on Wall Street, which saw Tesla shares sink in mid-May, only to recover to well over the $400 mark. Currently, shares trade at around $427.
The company saw a big Tuesday as shares climbed considerably, over 10 percent. The size of the Tesla short was not provided, nor did Burry give any information on the position’s structure, the number of shares, dollar value, or whether options were used in the short.
The Tesla and SpaceX merger everyone is talking about is quietly building
Over the years, Burry has been one of the more vocal critics of Tesla, calling its share price “media inflated,” and saying it was “ridiculously overvalued” as recently as December.
The company has largely transitioned away from being known as an automotive company and instead is much more widely regarded as an AI play, mostly due to its Full Self-Driving efforts, Optimus robot development, and data collection related to both.
This has not pulled those skeptics away from being vocal about their distaste for how Tesla is valued, but there’s no denying that the company is a global force in many things, including sustainable energy, automotive, and AI.
Wedbush Securities is initiating stock coverage on SpaceX (NASDAQ: SPCX), marking the first comments on the company since it went public several weeks ago. Wedbush and its analyst handling coverage, Dan Ives, are widely bullish on fellow Musk company Tesla (NASDAQ: TSLA).
Ives wrote his first note initiating coverage of SpaceX shares on Wednesday with a $190 price target and an ‘Outperform’ rating. The firm believes the company is well positioned off of its IPO because of its wide array of projects, including AI compute power and infrastructure, connectivity projects, and launches.
“We view SpaceX as one of the most differentiated assets within the tech market with a strong footprint across its three core markets, with Starlink driving success with connectivity,” Ives wrote, “Starship launches leading to a demand flywheel and increasing deal flow for its Colossus clusters.”
Elon Musk called it Epic: The full story of SpaceX’s Starship Flight 12
Wedbush leans heavily on Starlink, which they say is the “profitability driver given the strength of its recurring revenue base of ~12 million subscribers as of June 5th.” Ives believes Starlink is still in the “early innings” of penetrating the global telecommunications and broadband market, as it only holds less than a 1 percent share. However, this number is sure to increase over time.
It also highlights the importance of Starship, which it says is an “essential layer” of SpaceX’s overall success. SpaceX developing and displaying the ability to reuse rockets is a major cost and reliability advantage “as it reduces the necessary hardware launch costs while generating a feedback loop for future flights to improve their launch flight rate without accelerating capex spend.”
Finally, SpaceX’s recent AI/Compute projects are also very elementary, Ives writes. It is worth mentioning Wedbush said its $190 price target is derived from a valuation forecast that sees the company yielding roughly $2.48 trillion of implied enterprise value.
There are also some factors that Wedbush did not take into account with its initial coverage. The firm wrote in the note:
“We note that there is optional value coming from Starship’s accelerating scale towards sub-$200/kg unit economics, orbital data centers, and enterprise AI monetization as these factors could drive meaningful upside but these face major hurdles, so we do not take that into account with our valuation.”
SpaceX shares are down just over 2 percent today, trading at around $167 at the time of publication.
Tesla Optimus project fires up as Musk sees production line progress
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
