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
Elon Musk confirms xAI’s purchase of five 380 MW natural gas turbines
The deal, which was confirmed by Musk on X, highlights xAI’s effort to aggressively scale its operations.
xAI, Elon Musk’s artificial intelligence startup, has purchased five additional 380 MW natural gas turbines from South Korea’s Doosan Enerbility to power its growing supercomputer clusters.
The deal, which was confirmed by Musk on X, highlights xAI’s effort to aggressively scale its operations.
xAI’s turbine deal details
News of xAI’s new turbines was shared on social media platform X, with user @SemiAnalysis_ stating that the turbines were produced by South Korea’s Doosan Enerbility. As noted in an Asian Business Daily report, Doosan Enerbility announced last October that it signed a contract to supply two 380 MW gas turbines for a major U.S. tech company. Doosan later noted in December that it secured an order for three more 380 MW gas turbines.
As per the X user, the gas turbines would power an additional 600,000+ GB200 NVL72 equivalent size cluster. This should make xAI’s facilities among the largest in the world. In a reply, Elon Musk confirmed that xAI did purchase the turbines. “True,” Musk wrote in a post on X.
xAI’s ambitions
Recent reports have indicated that xAI closed an upsized $20 billion Series E funding round, exceeding the initial $15 billion target to fuel rapid infrastructure scaling and AI product development. The funding, as per the AI startup, “will accelerate our world-leading infrastructure buildout, enable the rapid development and deployment of transformative AI products.”
The company also teased the rollout of its upcoming frontier AI model. “Looking ahead, Grok 5 is currently in training, and we are focused on launching innovative new consumer and enterprise products that harness the power of Grok, Colossus, and 𝕏 to transform how we live, work, and play,” xAI wrote in a post on its website.
Elon Musk
Elon Musk’s xAI closes upsized $20B Series E funding round
xAI announced the investment round in a post on its official website.
xAI has closed an upsized $20 billion Series E funding round, exceeding the initial $15 billion target to fuel rapid infrastructure scaling and AI product development.
xAI announced the investment round in a post on its official website.
A $20 billion Series E round
As noted by the artificial intelligence startup in its post, the Series E funding round attracted a diverse group of investors, including Valor Equity Partners, Stepstone Group, Fidelity Management & Research Company, Qatar Investment Authority, MGX, and Baron Capital Group, among others.
Strategic partners NVIDIA and Cisco Investments also continued support for building the world’s largest GPU clusters.
As xAI stated, “This financing will accelerate our world-leading infrastructure buildout, enable the rapid development and deployment of transformative AI products reaching billions of users, and fuel groundbreaking research advancing xAI’s core mission: Understanding the Universe.”
xAI’s core mission
Th Series E funding builds on xAI’s previous rounds, powering Grok advancements and massive compute expansions like the Memphis supercluster. The upsized demand reflects growing recognition of xAI’s potential in frontier AI.
xAI also highlighted several of its breakthroughs in 2025, from the buildout of Colossus I and II, which ended with over 1 million H100 GPU equivalents, and the rollout of the Grok 4 Series, Grok Voice, and Grok Imagine, among others. The company also confirmed that work is already underway to train the flagship large language model’s next iteration, Grok 5.
“Looking ahead, Grok 5 is currently in training, and we are focused on launching innovative new consumer and enterprise products that harness the power of Grok, Colossus, and 𝕏 to transform how we live, work, and play,” xAI wrote.
Tesla (NASDAQ: TSLA) stock received a price target update from Pierre Ferragu of Wall Street firm New Street Research, citing the company’s growing lead in self-driving and autonomy.
On Tuesday, Ferragu bumped his price target from $520 to $600, stating that the consensus from the Consumer Electronics Show in Las Vegas was that Tesla’s lead in autonomy has been sustained, is growing, and sits at a multiple-year lead over its competitors.
CES 2026 validates Tesla’s FSD strategy, but there’s a big lag for rivals: analyst
“The signal from Vegas is loud and clear,” the analyst writes. “The industry isn’t catching up to Tesla; it is actively validating Tesla’s strategy…just with a 12-year lag.”
The note shows that the company’s prowess in vehicle autonomy is being solidified by lagging competitors that claim to have the best method. The only problem is that Tesla’s Vision-based approach, which it adopted back in 2022 with the Model 3 and Model Y initially, has been proven to be more effective than competitors’ approach, which utilizes other technology, such as LiDAR and sensors.
Currently, Tesla shares are sitting at around $433, as the company’s stock price closed at $432.96 on Tuesday afternoon.
Ferragu’s consensus on Tesla shares echoes that of other Wall Street analysts who are bullish on the company’s stock and position within the AI, autonomy, and robotics sector.
Dan Ives of Wedbush wrote in a note in mid-December that he anticipates Tesla having a massive 2026, and could reach a $3 trillion valuation this year, especially with the “AI chapter” taking hold of the narrative at the company.
Ives also said that the big step in the right direction for Tesla will be initiating production of the Cybercab, as well as expanding on the Robotaxi program through the next 12 months:
“…as full-scale volume production begins with the autonomous and robotics roadmap…The company has started to test the all-important Cybercab in Austin over the past few weeks, which is an incremental step towards launching in 2026 with important volume production of Cybercabs starting in April/May, which remains the golden goose in unlocking TSLA’s AI valuation.”
Tesla analyst breaks down delivery report: ‘A step in the right direction’
Tesla has transitioned from an automaker to a full-fledged AI company, and its Robotaxi and Cybercab programs, fueled by the Full Self-Driving suite, are leading the charge moving forward. In 2026, there are major goals the company has outlined. The first is removing Safety Drivers from vehicles in Austin, Texas, one of the areas where it operates a ride-hailing service within the U.S.
Ultimately, Tesla will aim to launch a Level 5 autonomy suite to the public in the coming years.
Elon Musk confirms xAI’s purchase of five 380 MW natural gas turbines
Elon Musk’s xAI closes upsized $20B Series E funding round
