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Tesla Model 3 tops Cars.com’s ‘American Made’ Index, first time an EV conquers the list
The Tesla Model 3 has captured Cars.com’s “American-Made” Index, a monumental achievement for the automaker’s mass-market sedan. Not only is the recognition a huge feather in the cap for Tesla, but also for the electric vehicle movement as it is the first time an EV has topped the list.
Since 2005, Cars.com has compiled a list qualifying all vehicles built and bought in the U.S. This year’s study ranked 90 vehicles through five categories of major criteria: assembly location, parts content, engine origins, transmission origins, and U.S. manufacturing workforce. For the first time in the 16-year history of the Index, Tesla has topped the list, also becoming the first all-electric car to capture the top spot from vehicles like the Ford Mustang, Chevrolet Corvette, and Jeep Cherokee, three long-standing vehicles that have been included in the Index’s past rankings.
The Model 3 topped the 2021 list after coming in fourth just a year ago, being recognized as the most “American-Made” vehicle for the first time in its nearly four-year stay in the U.S. automotive market. First being delivered in mid-2017, the Model 3 was Tesla’s first mass-market sedan and was arguably the catalyst to the American EV sector. After the Model 3 was released by Tesla, it proved that EVs could be affordable, and they could begin displacing the overwhelming majority of gas-powered engines that dominated U.S. roads. Since then, the Model 3 has made a tremendous dent in the ICE market, especially in the sedan body style. The Model 3 was the 16th best-selling car in the world, according to a May 2021 report from Forbes.
The key to Tesla’s overwhelmingly domestic production process of its vehicles starts with the company’s focus on vertical integration. Tesla CEO Elon Musk has commented on the company’s focus on this in the past, highlighting the automaker’s general strategy of creating its own machinery to design things. To Musk, this could be one of the company’s biggest advantages over competitors due to Tesla’s ability to not depend on manufacturers to provide parts. Instead, Tesla can basically build a car from the ground up using what it has in-house, to an extent. Of course, the company still utilizes suppliers for things like tires and glass, but the bulk of the car is produced by Tesla.
Elon Musk gives a rare look into the Model 3 production line. [Credit: CBS This Morning/YouTube]
“Tesla is absolutely vertically integrated compared to other auto companies or basically most any company,” Musk said during the Q3 2020 Earnings Call. “We have a massive amount of internal manufacturing technology that we built ourselves. We literally make the machine. In fact, we design it — so like, OK, what are the things we want to make, design a machine that will make that thing, then we make the machine. This is what — this makes it quite difficult to copy Tesla, which we’re not actually all that opposed to people copying us, but it’s quite difficult because you can’t do catalog engineering. You can’t just pick up the supplier catalog, I’ll get one of those machines, one of that machine; bingo, I’m now Tesla. You have to — there is no catalog,” he continued.
This has also led to its understanding of its product to depths that many other automotive manufacturers simply cannot match. Tesla’s in-house Insurance program also receives dividends from the company’s vertical integration because the cars are made up of so many company-produced parts. This allows for a greater understanding of the product.
Amazingly, the Model 3 was not the only Tesla vehicle on the list, and in fact, it wasn’t the only Tesla in the top 3. The Model Y made its debut on the list, coming in at #3. This is not much of a surprise as the Model 3 and Model Y share a very similar design, and some have indicated that the two vehicles share 75% of the same parts. This makes the Model Y a no-brainer for this list, only being bested by the Model 3 and the Ford Mustang.
The full “American-Made” Index from Cars.com can be viewed here.
Tesla just gave what is perhaps its biggest signal yet that the launch of the Cybercab, its autonomous ride-hailing-geared car, is imminent.
The Cybercab has been spotted outside of Gigafactory Texas in massive numbers over the past few days, with hundreds of units being stored on property just days after the vehicle received a Certificate of Conformity from the EPA.
Today, things were a bit different.
Cybercabs spotted on Giga Texas property today had an addition: a Cybercab decal on the side, reminiscent of the “Robotaxi” ones that were placed on Model Ys just as the company launched its ride-sharing platform about a year ago.
Giga Texas drone operator Joe Tegtmeyer noticed the change today:
Tesla Cybercabs are now getting “Cybercab” logos on the side of them!
Tesla did the same with Model Ys that were given “Robotaxi” logos: https://t.co/DanANtw1m7 pic.twitter.com/FqOhH0S9Ks
— TESLARATI (@Teslarati) June 19, 2026
Tesla could be signaling that the Cybercab is preparing to enter the Robotaxi fleet in the coming weeks or months with this move. It seems more symbolic than anything; Tesla is ready to throw Cybercabs in the ride-hailing platform just as it did with Model Ys last year.
The addition of the Certificate of Conformity awarded to the Cybercab is another major factor working to Tesla’s advantage. The company now has permission from the EPA to allow the vehicle to operate on public roads and enter the chain of commerce. It’s officially street legal.
Tesla Cybercab specs revealed: range, curb weight, range ratings, and more
The big question that remains is whether Tesla will be able to operate the car without a safety monitor, especially considering it plans to put the car out there without a steering wheel or pedals. With the Cybercab only having a seating capacity of two, it is hard to believe Tesla will even consider putting a Safety Monitor in the car.
It did recently self-certify as Level 4 and has the ability to operate driverless vehicles in the State of Texas under a law that took effect on May 28. You can read more about that here:
Tesla’s Robotaxi dreams just took a massive step toward reality
We’d imagine Cybercabs will be on the roads as soon as July, but August will likely be a better estimate of when the car will be entered into the Cybercab fleet. It all depends at where Tesla is, as they’ve truly prioritized safety with the rollout of the Robotaxi platform.
Elon Musk has publicly questioned Moody’s credit assessments following the rating agency’s decision to assign SpaceX a Baa1 investment-grade rating, two notches above Tesla’s Baa3. The comments came amid discussions comparing the two companies’ financial profiles.
SpaceX earned its first-time Baa1 rating with a stable outlook from Moody’s. The agency highlighted the company’s leadership in orbital launches, the growing recurring revenue from its Starlink satellite network, strong vertical integration, U.S. government contracts, and emerging opportunities in AI infrastructure.
These factors were cited as supporting robust cash flows, margin expansion, and financial flexibility.
Musk responded directly: “Tesla’s credit rating is ridiculously low tbh,” and added, “Yeah, makes no sense. Tesla has over $40B in cash, no debt, and is consistently profitable!” His remarks underscored Tesla’s balance sheet strength and profitability at a time when many traditional automakers continue to report losses in the shift to electric vehicles.
Yeah, makes no sense.
Tesla has over $40B in cash, no debt and is consistently profitable!
— Elon Musk (@elonmusk) June 19, 2026
Tesla maintains a leading position in the global EV market, with diversification into energy and storage, battery technology, and robotics through projects like Optimus. Recent financial updates show the company generated positive free cash flow of $1.4 billion in Q1 2026, supported by operating cash flow of $3.9 billion. Cash and short-term investments stood at approximately $44.7 billion.
Moody’s has affirmed Tesla’s Baa3 issuer rating with a stable outlook in periodic reviews, acknowledging the company’s EV leadership, technology strengths, including AI for autonomous vehicles, solid profitability, and strong liquidity.
Tesla (TSLA) scores Baa3 Moody’s rating for ‘stable’ outlook
However, the agency has also noted challenges in the automotive segment and expectations for margin pressures.
Musk’s critique highlights a common debate about how traditional rating methodologies apply to high-growth, capital-intensive technology companies. SpaceX benefits from long-term government-backed contracts and diversified, recurring revenue streams, while Tesla’s valuation reflects heavy investment in future technologies such as autonomy and robotics.
Both ratings remain investment-grade, yet the one-notch difference has fueled online discussion about potential inconsistencies in evaluating innovative firms.
The exchange comes as SpaceX explores financing options following its recent valuation milestones, while Tesla continues executing on its multi-year roadmap. Musk’s pointed response serves as a reminder that credit ratings, though influential for borrowing costs, represent one lens through which markets assess corporate strength—and that company leaders often view their financial positions through the lens of long-term innovation and cash generation rather than short-term risk metrics alone.
A new report from Reuters claims that a transport authority in Sweden is pushing back against the approval of Tesla’s Full Self-Driving suite because it will travel over speed limits.
The report says the Swedish Transport Administration (TRV) recommends the European Union votes against FSD’s approval. TRV believes it should not be approved until Tesla disables FSD’s ability to speed.
TRV sent a letter to the European Union’s Technical Committee on Motor Vehicles (TCMV), which is set to meet on June 30 to discuss the potential approval of the Tesla FSD suite in the country. Tesla, which has received various approvals in Europe over the past two months, has not provided a comment.
Teslas operating on FSD do travel over the speed limit, depending on the Speed Profile that is chosen. Drivers have the ability to disengage FSD at any point; Tesla specifically states that those supervising the suite are responsible for its actions.
Let’s cut to the chase: humans operating any vehicle speed almost daily in the United States. Realistically, speed limits in the U.S. are more frequently treated as speed minimums. However, other countries are different, and driving behaviors are less aggressive.
TRV believes that “allowing automated systems to systematically exceed legal speed limits…risks undermining both the legal framework and the expected safety benefits of vehicle automation,” the report stated. It’s surprising that Tesla has not received this claim from other countries previously.
This could be a good argument to bring Max Speed back, the setting that previously allowed the driver to choose the absolute fastest the car would travel.
This would still put the responsibility of supervision in the hands of the driver. It would allow the driver to choose whether the car would travel over the speed limit or not, acknowledging that they set the speed, and if they get pulled over, there would be no ability to argue it.
However, it does not seem as if this is something Tesla will do, especially considering many U.S. drivers have requested the feature in an effort to eliminate speeding or at least tone it down. The company has not shown any interest in bringing it back.
Tesla has approvals for FSD in Europe in Estonia, Lithuania, Denmark, the Netherlands, and Belgium.
Tesla Cybercab launch is imminent after latest sighting at Giga Texas
Elon Musk says this part of Tesla ‘makes no sense’
