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What is the fastest car in the world in 2024?

It wasn't that long ago that the notion of reaching 200 miles per hour in a car, on a road, seemed basically impossible. As you likely know by now, that time has passed. And once that threshold was crossed, the automotive world immediately began eying the next triple-digit benchmark: 300 miles per hour. It may have taken a little while, but the 300-mph line has been crossed, and some cars have moved well past that seemingly insane speed number. While some of these speeds have been achieved in simulations (including the fastest car listed below), there's little doubt that a driver with nerves of steel and a heavy right foot could indeed push several automobiles up to 300 miles per hour and beyond. Interestingly, it’s not just one car or automaker in the 300-mph club, as a handful of models have earned a place (sometimes claimed but not yet demonstrated) on the leaderboard. The fastest car in the world is: Koenigsegg Jesko Absolut (330 MPH) That title goes to the Koenigsegg Jesko Absolut, which recorded a staggering 330 mph top speed earlier in 2023. The carÂ’s twin-turbocharged 5.0-liter V8 lays down 1,600 horsepower and 1,106 pound-feet of torque, which plays a significant role in delivering that speed, but KoenigseggÂ’s engineers have given the car a lot more than mind-blowing power. The Jesko Absolut has a super-slippery 0.278 drag coefficient and a nine-speed transmission that shifts so quickly itÂ’s almost imperceptible. Koenigsegg calls it a Light Speed Transmission (LST), saying its shifts happen at almost light speed. While that might be a slight exaggeration, the gearbox is impressive, bringing several wet multi-disc clutches and a super lightweight construction. As Koenigsegg says, "the Jesko Absolut is destined to achieve higher, more extraordinary speeds than any Koenigsegg or any other fully homologated car before it." How expensive is the Koenigsegg Jesko Absolut? If you were reading that and wondering how much the fastest car in the world costs, the price tag is just another dizzying number on the Jesko Absolut's spec sheet. All 125 Absolut cars offered sold out at a price of almost $3 million. Of course, being able to afford the Koenigsegg is just the first step in realizing its full potential. There are very few places on the map that can support a 300-plus-mph speed run, and the locations that do are not conveniently located.

Tesla expands Supercharger network in central Europe

While you can't drive a Tesla from the US to Europe, Model S drivers on both sides of the pond are seeing a robust Supercharger network. Today, Tesla announced that enough stations exist in central Europe to get a Model S from Amsterdam to cities 500 or 600 miles away in the Alps. As in the US, using a Supercharger is free. The eight Superchargers are located in Germany, Holland, Switzerland and Austria trace a route along the German Autobahn (another six are in Norway) and Tesla says that by the end of March 2014, "50 percent of the German population will live within 320km [200 miles] of a Supercharger," with the rest covered by the start of 2015. The lowest-range Model S, the one with a 60-kWh battery pack, can go 230 miles on a charge, officially. Tesla says its Superchargers can add 170 miles of range in a 30-minute fill-up. You can see Tesla's future Supercharger plans here and find more details in the press release below. TESLA EXPANDS SUPERCHARGER NETWORK IN EUROPE Newly energized routes enable free, convenient long distance travel across DACH region and the Netherlands Tuesday, January 21, 2014 AMSTERDAM, the Netherlands – This week, Tesla officially opens new Supercharger locations connecting the Netherlands, Germany, Switzerland, and Austria. These newly-energized routes will enable Model S customers to enjoy free, convenient, 100 percent electric trips on the German Autobahn and to destinations in the Alps and elsewhere. Tesla's first six Superchargers were energized in California in September 2012, with the first network of European Supercharger stations opening in Norway less than a year later. As of today, 81 Supercharger locations are energized worldwide, with 14 locations in Europe. More than 11 million kilometers have been charged by Tesla Superchargers and nearly 1.13 million liters of gas have been offset. The accelerated energizing of Superchargers in Germany (Wilnsdorf, Bad Rappenau, Aichstetten and Jettingen), Switzerland (Lully), Austria (St. Anton) and the Netherlands (Zevenaar and Oosterhout) represents a new milestone in the expansion of the European network. In Germany, Superchargers connect Cologne, Frankfurt, Stuttgart and Munich. They also connect the German network to Amsterdam, Zurich, and Innsbruck. In the Netherlands, energized routes connect Amsterdam to Cologne and Brussels, and in Switzerland the stations connect Zurich and Geneva.

Tesla: Earnings still down, but rate of Model S production way up

According to its Third Quarter 2012 Shareholder Letter, Tesla "is now at over 200 cars per week or 10,000 cars per year, which is at the critical threshold needed for Tesla to generate positive operating cash flow."
That's an important milestone to be sure, but the news is actually even better; Tesla expects to ramp Model S production up to 400 cars per week (20,000 units/year) by December of 2012, and says it will deliver 2,500 to 3,000 units in the fourth quarter of 2012. That's lower than the previous target of 5,000 in 2012, but it's more an issue of delayed achievement rather than missing the mark altogether.
All of that production bodes well for the future, but as of today, the automaker has yet to earn real money. Revenue for the third quarter of 2012 was $50 million, equating to a net loss of about $110 million after expenses were tallied. The stock market likes the numbers, with TSLA shares rising 8.9 percent on Monday after the report was released.