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Tesla Model S, 3, X among ‘Top 10 American-Made’ vehicles in Cars.com list
Tesla’s Model S, Model 3, and Model X broke into Cars.com’s “Top 10 American-Made Index” list, taking three out of ten places in the motoring resource’s rankings. This was quite a debut for Tesla, as this year marks the first year that the Silicon Valley-based automaker made its first appearance in Cars.com’s rankings.
The annual survey ranks new vehicles that “contribute most to the U.S. economy” through U.S.-based factory jobs, manufacturing plants, and parts sourcing. Frequently, American automakers like Ford and Chevrolet dominate the list due to their mass-market pickups. Other popular manufacturers, like Honda, for example, have become listed more frequently in the last few years of the rankings.
Tesla, with its growing popularity and expanding fleet of mass-market vehicles, cracked the Top 10 for the first time. However, it was not just the ultra-popular Model 3 that appeared. The flagship Tesla Model S and Model X made the list as well, tying Honda for the most number of vehicles in the 2020 Top 10 rankings, USA Today reports.
The Tesla Model S, Model 3, and Model X finished third, fourth, and ninth, respectively, in the rankings. The Ford Ranger, a product of Wayne, Michigan, and the Jeep Cherokee, made in Belvidere, Illinois, edged out Tesla’s flagship sedan, which is built in Fremont, California.
According to Cars.com’s senior consumer affairs and vehicle evaluations editor Kelsey Mays, Tesla made the list this year because it was the first time the automaker supplied the appropriate information to qualify its vehicles for the rankings.
Mays added, “Tesla is the only automaker on the list to built 100% of the cars in America that it sells here.”
Cars.com told Teslarati that Tesla’s identification with Americans has grown considerably since last year. According to a survey that the automotive resource conducted, only 10% of American car buyers recognized Tesla as a “California-made” vehicle in 2019. About 18% of respondents now identify Tesla as a California-based company. However, only half of the survey’s total respondents knew that Tesla was American, and only a third of those who participated thought the Model S was built within the United States.
Mays indicated that where a car is produced is becoming a more important factor to consumers, and Cars.com created the list to highlight what vehicles are manufactured within the United States. The impact of COVID-19 on the American economy has contributed to that, and American car buyers are more focused on buying locally to support the automotive sector, which employs 9.9 million people, according to AutoAlliance.org.
“We live in a global economy, but Cars.com’s research found 70% of American shoppers consider a car’s U.S. economic impact a significant or deciding factor in their vehicle purchase,” Mays said. “The COVID-19 pandemic is increasing Americans’ desire to buy local, with 37% reporting they are more likely to buy an American-made vehicle in light of the economic disruption of COVID-19.”
Tesla’s Fremont facility employs 12,000 people, providing a sizable number of manufacturing jobs for Northern Californians. It is currently the only facility in the U.S. where Tesla builds its vehicles, but the company is looking to open a second facility in the Central United States soon.
Tesla had already reopened its Giga Shanghai production facility in mid-February by implementing a series of new health codes that would preserve the safety of its workforce. The same strategies are being used in Fremont, where Tesla is focusing on ramping up the production rates of its Model 3 and Model Y while maintaining steady build rates for the Model S and Model X.
Cars.com’s Top 10 American-Made Index list is below.
Cars.com 2020 American-Made Index top 10
- Ford Ranger (Wayne, Michigan)
- Jeep Cherokee (Belvidere, Illinois)
- Tesla Model S (Fremont, California)
- Tesla Model 3 (Fremont, California)
- Honda Odyssey (Lincoln, Alabama)
- Honda Ridgeline (Lincoln, Alabama)
- Honda Passport (Lincoln, Alabama)
- Chevrolet Corvette (Bowling Green, Kentucky)
- Tesla Model X (Fremont, California)
- Chevrolet Colorado (Wentzville, Missouri)
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’
