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Tesla Model Y spied on Fremont test rack, rips through track at full speed

The Tesla Model Y at the Fremont factory's test track. (Credit: Trip Chowdhry)

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Recent spy videos of the upcoming Tesla Model Y have shown the all-electric crossover ripping through the Fremont factory’s test track like a supercar, despite rain and heavy winds. The speed of the Model Y is quite astounding, considering that its Performance variant has the most conservative specs among the vehicles donning Tesla’s “P” branding. 

Two videos of the Model Y in Fremont’s test track were recently shared online. One, which featured a whole minute of the crossover gliding smoothly over the closed circuit, was filmed from a distance. Despite this, one can feel the hard acceleration of the Tesla Model Y as it launched from a dead stop. It remains unknown which variant of the Model Y was used for the session, but it would not be a surprise if it was a Performance version, considering its almost supercar-esque acceleration. 

Apart from the aerial shot of the all-electric seven-seat crossover, a closer view of the Model Y’s trip to the track was shared by Global Equities Research analyst Trip Chowdhry, who recently visited Tesla’s Fremont facility for a factory check. The analyst noted that he saw the Model Y for the first time during the December 7 visit, and it was also the first time that he saw the vehicle at the track. 

In a statement to Street Insider, Chowdhry stated that the Model Y was going at “super-high speeds during rain and heavy winds.” This was evident in his short video, which showed overcast skies and an all-electric crossover that was unforgivingly accelerating (seemingly) at full speed. Overall, Chowdhry came away from the sighting impressed, stating that what he saw was a “significant” development.

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The Tesla Model Y at the Fremont factory’s test track. (Credit: Trip Chowdhry)

The Global Equities Research analyst stated that the Model Y’s full speed track sessions hint that the development of the upcoming vehicle is going as planned. Chowdhry added that he sees the Model Y becoming a significant revenue contributor for Tesla in the second half of 2020. The analyst’s observations seem to go in line with other sightings of the all-electric crossover in the United States. From CA to OH, the Model Y has been spotted in its different versions, including a Dual Motor AWD unit that was spotted with a tow hitch. 

The Model Y could very well be Tesla’s dark horse for the coming year. The vehicle’s unveiling was understated, and Elon Musk gave a pretty conservative estimate on its first deliveries, stating that first handovers to customers will likely begin in Fall 2020. In the Q3 2019 Update Letter, Tesla announced that Model Y development was ahead of schedule, and that first deliveries will likely be held on Summer 2020 instead. Considering all these sightings and track tests, it would not be surprising if the Model Y’s deliveries end up being even earlier than expected.

Simon is an experienced automotive reporter with a passion for electric cars and clean energy. Fascinated by the world envisioned by Elon Musk, he hopes to make it to Mars (at least as a tourist) someday. For stories or tips--or even to just say a simple hello--send a message to his email, simon@teslarati.com or his handle on X, @ResidentSponge.

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Tesla dispels reports of ‘sales suspension’ in California

“This was a “consumer protection” order about the use of the term “Autopilot” in a case where not one single customer came forward to say there’s a problem.

Sales in California will continue uninterrupted.”

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Credit: Tesla

Tesla has dispelled reports that it is facing a thirty-day sales suspension in California after the state’s Department of Motor Vehicles (DMV) issued a penalty to the company after a judge ruled it “misled consumers about its driver-assistance technology.”

On Tuesday, Bloomberg reported that the California DMV was planning to adopt the penalty but decided to put it on ice for ninety days, giving Tesla an opportunity to “come into compliance.”

Tesla enters interesting situation with Full Self-Driving in California

Tesla responded to the report on Tuesday evening, after it came out, stating that this was a “consumer protection” order that was brought up over its use of the term “Autopilot.”

The company said “not one single customer came forward to say there’s a problem,” yet a judge and the DMV determined it was, so they want to apply the penalty if Tesla doesn’t oblige.

However, Tesla said that its sales operations in California “will continue uninterrupted.”

It confirmed this in an X post on Tuesday night:

The report and the decision by the DMV and Judge involved sparked outrage from the Tesla community, who stated that it should do its best to get out of California.

One X post said California “didn’t deserve” what Tesla had done for it in terms of employment, engineering, and innovation.

Tesla has used Autopilot and Full Self-Driving for years, but it did add the term “(Supervised)” to the end of the FSD suite earlier this year, potentially aiming to protect itself from instances like this one.

This is the first primary dispute over the terminology of Full Self-Driving, but it has undergone some scrutiny at the federal level, as some government officials have claimed the suite has “deceptive” naming. Previous Transportation Secretary Pete Buttigieg was vocally critical of the use of the name “Full Self-Driving,” as well as “Autopilot.”

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New EV tax credit rule could impact many EV buyers

We confirmed with a Tesla Sales Advisor that any current orders that have the $7,500 tax credit applied to them must be completed by December 31, meaning delivery must take place by that date. However, it is unclear at this point whether someone could still claim the credit when filing their tax returns for 2025 as long as the order reflects an order date before September 30.

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Credit: Tesla

Tesla owners could be impacted by a new EV tax credit rule, which seems to be a new hoop to jump through for those who benefited from the “extension,” which allowed orderers to take delivery after the loss of the $7,500 discount.

After the Trump Administration initiated the phase-out of the $7,500 EV tax credit, many were happy to see the rules had been changed slightly, as deliveries could occur after the September 30 cutoff as long as orders were placed before the end of that month.

However, there appears to be a new threshold that EV buyers will have to go through, and it will impact their ability to get the credit, at least at the Point of Sale, for now.

Delivery must be completed by the end of the year, and buyers must take possession of the car by December 31, 2025, or they will lose the tax credit. The U.S. government will be closing the tax credit portal, which allows people to claim the credit at the Point of Sale.

We confirmed with a Tesla Sales Advisor that any current orders that have the $7,500 tax credit applied to them must be completed by December 31, meaning delivery must take place by that date.

However, it is unclear at this point whether someone could still claim the credit when filing their tax returns for 2025 as long as the order reflects an order date before September 30.

If not, the order can still go through, but the buyer will not be able to claim the tax credit, meaning they will pay full price for the vehicle.

This puts some buyers in a strange limbo, especially if they placed an order for the Model Y Performance. Some deliveries have already taken place, and some are scheduled before the end of the month, but many others are not expecting deliveries until January.

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Elon Musk takes latest barb at Bill Gates over Tesla short position

Bill Gates placed a massive short bet against Tesla of ~1% of our total shares, which might have cost him over $10B by now

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Elon Musk took his latest barb at former Microsoft CEO Bill Gates over his short position against the company, which the two have had some tensions over for a number of years.

Gates admitted to Musk several years ago through a text message that he still held a short position against his sustainable car and energy company. Ironically, Gates had contacted Musk to explore philanthropic opportunities.

Elon Musk explains Bill Gates beef: He ‘placed a massive bet on Tesla dying’

Musk said he could not take the request seriously, especially as Gates was hoping to make money on the downfall of the one company taking EVs seriously.

The Tesla frontman has continued to take shots at Gates over the years from time to time, but the latest comment came as Musk’s net worth swelled to over $600 billion. He became the first person ever to reach that threshold earlier this week, when Tesla shares increased due to Robotaxi testing without any occupants.

Musk refreshed everyone’s memory with the recent post, stating that if Gates still has his short position against Tesla, he would have lost over $10 billion by now:

Just a month ago, in mid-November, Musk issued his final warning to Gates over the short position, speculating whether the former Microsoft frontman had still held the bet against Tesla.

“If Gates hasn’t fully closed out the crazy short position he has held against Tesla for ~8 years, he had better do so soon,” Musk said. This came in response to The Gates Foundation dumping 65 percent of its Microsoft position.

Tesla CEO Elon Musk sends final warning to Bill Gates over short position

Musk’s involvement in the U.S. government also drew criticism from Gates, as he said that the reductions proposed by DOGE against U.S.A.I.D. were “stunning” and could cause “millions of additional deaths of kids.”

“Gates is a huge liar,” Musk responded.

It is not known whether Gates still holds his Tesla short position.

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