Cybertruck Gives Tesla Even More Recognition

Image credit: Tesla

Cybertruck continues to provide Tesla with even more recognition, attracting increased attention from consumers. The company receives contracts for the supply of Megapacks, accelerates the construction of the Megafactory in China, and other Tesla news in this review with Jowua.

Cybertruck became the best-selling $100,000+ vehicle in the US

Tesla continues to increase the production of Cybertrucks at a rapid pace, which ensures an expansion of the number of their owners. Sales of the pickup truck continue to grow, bringing the company new records and increased recognition. In July, Cybertruck became the best-selling $100,000+ vehicle in the US, which is an excellent result for the new product. This is also the second month in a row that the steel beast achieved this result.

Cybertruck will be available for test drives at Electrify Expo

Tesla is once again in the spotlight with its Cybertruck. The company will present the electric pickup truck at the largest electric vehicle festival in North America, Electrify Expo. Attendees will have the opportunity to test drive Cybertruck. Electrify Expo will be held in the San Francisco Bay Area, August 24-25 at Alameda Point.

Tesla Megapack to power 300MW/1200MWh BESS

Construction has begun on the 300MW/1200MWh Stanwell battery energy storage system in Queensland, Australia, marking the beginning of the transformation of a major coal hub into a green energy hub. Stanwell will feature 324 Tesla Megapack 2XL lithium-ion units and is one of eight major battery storage projects currently under construction in Queensland.

Tesla gets car sales tariff cut in Europe

The European Commission has released its draft decision on tariffs on electric vehicles with a Chinese supply chain. The initial tariff for Tesla was 20.8% and has now been more than halved to 9%. Earlier, the company specifically made a reasonable request to the EU to review its tariff rates. Tesla's rate was revised because the company received fewer subsidies from the Chinese government than other automakers, which was confirmed during the study. In comparison, BYD received a tariff of 17%, Geely 19.3%, and SAIC 36.3%.

Megafactory in China is half complete

According to an update from Tesla senior executive, Grace Tao Lin, the Megafactory in China is 45% complete. According to the plan, it should be completed by the end of this year and production should begin in the first quarter of 2025. When operating at full capacity, the Megafactory will produce 10,000 Megapacks per year, with nearly 40 gigawatt-hours of energy storage capacity.