Tesla has had quite a phenomenal year in 2022. As the year comes to a close and we move into 2023, it’s great to step back and take a look at Tesla’s progress. Tesla shared a thread on Twitter thanking its supporters, employees, and customers for helping to make 2022 a good year for EVs.
Although Tesla shared its long list, we are highlighting a few of those key moments for Tesla.
2022 was a huge year for EVs.
Thank you to Tesla owners, supporters & employees for helping us accelerate the world’s transition to sustainable energy! ⚡️🚘🔋☀️❤️
— Tesla (@Tesla) December 29, 2022
Tesla started the new year by moving full speed ahead after delivering almost one million vehicles in 2021. In total last year, Tesla delivered 936,172 electric vehicles.
In March, Elon Musk danced as he and Tesla handed over the first made-in-Germany vehicles produced at the newly opened Giga Berlin, which opened in the fall of 2021. At this event, Elon Musk gave a passionate speech about how Giga Berlin would be the gemstone for Europe and the world. He said:
“I’m incredibly excited to hand over the first production cars from our incredible team here at Giga Berlin Brandenburg. This is a great day for the factory, and I just like to thank everyone who helped. Thank you, thank you very much. It really made a big difference.”
“And to the community, Tesla will make sure that this is a gem — a gemstone for the area, for Germany, for Europe, and for the world.”
“Every vehicle that we make will be another step in the direction of a sustainable energy future. We will also make battery storage. So this is going to be very important for storing renewable energy — so, for solar and wind. Because it’s intermittent, it needs to be stored, but we’re extremely confident that the world will transition to a sustainable energy future with the combination of solar, plus battery storage, and electric vehicles.”
“If you have those three legs of the stool, then you can create a sustainable energy future for as long as the sun shines and the wind blows.”
“I want to be clear that sometimes people are sad about the future or they think, well, ‘will we solve sustainable energy?’ and ‘maybe the climate issue is too late’ or something like that. I really want to assure everyone that you can have hope in the future.”
“You should have hope in the future. This problem will be solved. And this factory is a major step in that direction. And so, believe in the future.”
In the following month, Tesla held its grand opening Cyber Rodeo event at Giga Texas. Event goers were invited to tour the factory and see how Tesla manufactured its made-in-Texas Model Y vehicles. I attended and spot-interviewed one of Tesla’s employees, Kyle Wozniak. Tesla displayed its Tesla Semi, Cybertruck, and the next-gen Roadster.
Kyle Wozniak say hi pic.twitter.com/0nHKl0IdMw
— Johnna (@JohnnaCrider1) April 7, 2022
In June, Tesla’s US Energy Markets Policy Lead, Arushi Sharma Frank, gave public comments to the Electric Reliability Council of Texas (ERCOT), which paved the way for Tesla owners to participate in virtual power plants (VPPs) later this year. On December 15, Tesla officially launched its Tesla Electric for Tesla as a result of the tireless efforts of Frank and her team.
Tesla opened its Megafactory in Lathrop, California, this year also. It broke ground in August, and provided a sneak peek into the Megafactory in October as it ramped up hiring. Tesla held its second AI Day in September and unveiled a working prototype of the Optimus Bot and shared a video of the bot doing work around the office. “Our goal is to make a useful humanoid robot as soon as possible,” Elon Musk said.
In December, Tesla delivered its first Semi to PepsiCo and FritoLay, and following the deliveries, FritoLay showcased one of the trucks in the Modesto Christmas parade. Pepsi announced plans to deploy 100 of the Tesla Semis it purchased in 2023, and the vehicles will deliver products to customers such as Walmart and Kroger.
Although these are not all of Tesla’s achievements for 2022, the highlights show just how much progress it’s made toward accelerating the world’s transition to sustainable energy.
Disclosure: Johnna is a $TSLA shareholder and believes in Tesla’s mission.
Your feedback is welcome. If you have any comments or concerns or see a typo, you can email me at johnna@teslarati.com. You can also reach me on Twitter at @JohnnaCrider1.
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Elon Musk
Tesla finally clarifies fatal Texas crash, confirms driver manually overrode acceleration
Tesla has finally clarified the situation regarding the viral crash in Texas where a Model 3 slammed into a home.
CEO Elon Musk replied to reports on Monday that stated the crash was due to the company’s Full Self-Driving or Autopilot suite, which seemed unlikely to those who are familiar with it. Video showed the car slamming into a house at an excessive rate of speed, making it highly unlikely the crash was due to the suite’s operation, as it does not travel at those speeds in residential areas.
Musk said:
“This makes no sense. FSD drives slowly through neighborhood streets, and this was a high-speed crash!”
Tesla’s Head of AI, Ashok Elluswamy, added context, revealing that the company’s data shows the driver “manually overrode self-driving by pressing the accelerator all the way to 100%.”
He revealed the speed reached by the car was 73 MPH, and the accelerator was still pressed “even after the crash.”
Yup. In this case, the driver manually overrode self-driving by pressing the accelerator all the way to 100% of the accel pedal in this residential area. They reached a speed of 73 mph during the crash, and had the accelerator pressed even after the crash.
— Ashok Elluswamy (@aelluswamy) June 22, 2026
Authorities are reportedly investigating “whether Tesla’s Autopilot system played a role after a Model 3 left the roadway…slammed through a brick house at high speed and fatally struck Matha Avila as she sat inside,” the New York Post reported.
The National Highway Traffic Safety Administration (NHTSA) is now investigating the crash. Tesla will work with the agency to provide them with whatever information they need in order to clarify the cause of the crash.
Similarly, Tesla had claims of a fatal accident in Harris County, Texas, a few years ago. Early reports indicated that Full Self-Driving was the cause of the crash. After the National Transportation Safety Board (NTSB) worked with Tesla, the agency proved there was “no use of the Autopilot system at any time during this ownership period of the vehicle, including the time frame up to the last transmitted timestamp on April 17, 2021.”
Tesla alleged “driverless” crash in Texas: What is known so far
“Application of the accelerator pedal was found to be as high as 98.8 percent,” the NTSB said in their findings. The highest recorded speed in the five seconds leading up to the impact was 67 miles per hour. The area where the crash occurred is residential, and Texas State laws have default speed limits of 30 MPH in residential streets.
This appears to be a similar situation. However, an investigation will prove what happened for sure.
Investor's Corner
SpaceX makes $20 billion move to optimize its balance sheet
SpaceX announced today that it commenced its first-ever public bond offering, marking a significant step in the newly public company’s capital markets strategy.
The company announced an offering of senior unsecured notes expected to raise at least $20 billion.
The move comes just a short time after SpaceX completed one of the largest initial public offerings in history. In mid-June, the company priced shares at $135 and raised more than $85 billion, propelling founder Elon Musk’s net worth past the trillion-dollar mark and giving the firm substantial liquidity.
🚨 SpaceX has announced its inaugural offering of senior unsecured notes.
The net proceeds will be used to repay outstanding loans under its bridge loan facility in full.
This inaugural debt offering represents a financing milestone for SpaceX, which previously depended… pic.twitter.com/pcOZuVbTRv
— TESLARATI (@Teslarati) June 22, 2026
According to the company’s SEC filing, the net proceeds from the notes will be used primarily to repay in full the outstanding borrowings under its existing bridge loan facility, cover related fees and expenses, and fund general corporate purposes. The offering is being conducted under Rule 144A, as well as Regulation S, targeting qualified institutional buyers and non-U.S. investors. Notes will be unsecured obligations ranking equally with other unsubordinated debt.
The $20 billion bridge loan was used to refinance approximately $17.5 billion in higher-cost “junk” debt tied to X and xAI. SpaceX had merged with xAI in February 2026 in an all-stock deal. The bridge facility, which matures in September 2027, had represented the bulk of SpaceX’s long-term debt.
SpaceX officially acquires xAI, merging rockets with AI expertise
In connection with the bond launch, SpaceX disclosed it held approximately $100.8 billion in cash and cash equivalents as of June 19. Investor calls began on the announcement date, with pricing and launch expected shortly thereafter. Rating agencies have assigned investment-grade ratings to the proposed bonds, reflecting confidence in SpaceX’s dominant position in commercial launches and the growth trajectory of its Starlink internet offering.
The debt raise also allows SpaceX to optimize its balance sheet by replacing short-term, higher-cost bridge financing with longer-date, lower-cost fixed-income securities. This provides greater financial flexibility to support capital-intensive initiatives, including the development of Starship, the expansion of the Starlink constellation, and the integration of AI capabilities following the xAI combination.
SpaceX shares (NASDAQ: SPCX) fell sharply on the news, dropping over 16 percent overall on the market on Monday. The stock had surged initially after debuting but pulled back amid profit-taking and broader market dynamics.
Overall, the bond offering underscores SpaceX’s transition to a mature public company with access to diverse funding sources. It positions the firm to pursue its long-term vision of multiplanetary expansion and AI infrastructure, while maintaining a disciplined approach to its capital structure in a high-growth but capital-heavy industry.
Elon Musk
SpaceX confirms third massive compute deal at Colossus data center
SpaceX confirmed today that it has officially signed its third massive compute deal, providing compute at its Colossus data center in Southaven, Tennessee.
Reflection AI will gain immediate access to NVIDIA GB300 chips at SpaceX’s Colossus 2 data center. In return, Reflection will pay SpaceX $150 million per month starting on July 1, with total payments reaching approximately $6.3 billion if the contract runs through its duration, which is until 2029. Either party can terminate the agreement with 90 days’ notice after the initial three-month period.
CNBC first reported the deal.
🚨 SpaceXAI has agreed to a new compute deal with Reflection AI.
Reflection gets access to NIVIDIA GB300s, and will pay $150M per month to SpaceXAI for the compute. pic.twitter.com/bNPare8U5u
— TESLARATI (@Teslarati) June 22, 2026
This latest partnership highlights SpaceX’s strategy of commercializing its massive Colossus supercomputing infrastructure, originally developed to power Elon Musk’s Grok AI models. The company has rapidly expanded its customer base in the AI sector following its February 2026 merger with xAI, a transaction that valued the combined entity at $1.25 trillion.
SpaceX has previously signed significant compute deals with other major players.
It granted Anthropic exclusive access to the full capacity of its Colossus 1 data center, which exceeds 300 megawatts and includes over 220,000 NVIDIA GPUs. Details from SpaceX’s IPO filings indicate Anthropic will pay $1.25 billion per month through May 2029, potentially generating around $45 billion over the term of the deal.
Additionally, Google agreed to pay SpaceX $920 million per month for compute capacity from October 2026 through June 2029. This 32-month period will provide Google access to roughly 110,000 NVIDIA GPUs, along with supporting processors and memory. Capacity ramps up through September at a reduced fee, with termination options after the first year.
SpaceXA also established arrangements for computing power with Cursor, an AI coding startup. SpaceX acquired them in a $60 billion all-stock deal.
These arrangements position SpaceX’s collective position as an AI infrastructure powerhouse with high-margin revenue potential. The Google deal alone could generate nearly $29.5 billion over its term, while the Reflection contract adds another $6.3 billion.
Combined with the Anthropic arrangement, SpaceX stands to realize tens of billions in revenue from compute leasing in the coming years, which diversifies beyond SpaceX’s traditional rocket launches and Starlink operation.
The deals underscore growing demand for advanced AI training and inference capacity amid chip shortages and surging model development needs. Reflection, valued at $25 billion and focused on “American open intelligence” with government and national security ties, cited recent restrictions on closed models as validation for open-source approaches.
For SpaceX, the partnerships transform capital-intensive data centers into flexible revenue sources while supporting its broader AI ambitions after the company has gone public.