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Tesla’s next-gen Roadster would likely have ‘Track Mode’ refined by the Model 3 Performance
The next-generation Roadster is set to become the golden standard of Tesla’s electric cars. The all-electric supercar is the very definition of a “Halo Car,” a vehicle designed to showcase the full capabilities of the automaker. The next-gen Roadster’s specs are practically unheard of, such as its 0-60 mph time of 1.9 seconds, its sub-9-second quarter-mile time, its top speed of over 250 mph, and its 200 kWh battery that gives a range of 620 miles per charge.
Being Tesla’s halo car, the next-gen Roadster would likely annihilate any competition on the quarter-mile. Vehicles such as the Model S P100D and the Model X P100D, after all, are known for besting gas-powered supercars on drag races, and those are essentially family cars that just happen to be really quick. That said, inasmuch as the straight-line performance of the next-gen Roadster is all but assured, the vehicle’s capability to handle the demands of track driving are still up for question. Fortunately, Tesla appears to have addressed this through a feature found in the Model 3 Performance — Track Mode.
The Model 3 Performance is so far the only vehicle in Tesla’s lineup that has Track Mode. In a statement to Road and Track, Michael Neumeyer, Tesla’s Manager of Chassis Controls, stated that the Model 3 Performance’s Track Mode is not like similar features found in other vehicles, since “(Tesla’s) Track Mode doesn’t disable features, it adds them.” Elon Musk also provided more details about the feature in a recent interview with popular YouTube tech reviewer Marques Brownlee, where he described the feature as an “Expert User Mode” for drivers.
“Track Mode will open up a lot of settings. You can adjust settings, and it’s kinda like an ‘Expert User Mode.’ You can sort of adjust traction control, adjust battery temperature. You can basically configure a bunch of things, and it will tell you, like ‘Hey, you know if you do this, it’s a bit risky. You’re gonna wear out your brakes sooner; you might blow a circuit.’ But like, it’ll be clear — like, you know, this is the risk you’re taking. It’s kinda like if you have a graphics card in a computer. You can go in there and change the settings and you can overclock things,” Musk said.
From the perspective of the next-generation Roadster’s expected release in 2020, it appears that Tesla’s rollout of Track Mode in the Model 3 Performance is not just intended to give the electric sedan a considerable selling point — it also appears to be an excellent way for the company to gather data for the all-electric supercar’s own Track Mode (Track Mode V2, perhaps?). Considering that the Roadster is a halo vehicle, there is a very good chance that it would include the feature, and by the time the car gets released in 2020, Tesla would have probably refined Track Mode considerably based on data gathered from the Model 3 Performance. In a way, this makes the Model 3 Performance an even more compelling purchase today, considering that it might have a feature that would eventually be shared with the next-gen Roadster.
When the next-generation Roadster was unveiled last year, Elon Musk dubbed the vehicle as a “hardcore smackdown to gasoline-powered cars.” Later tweets from Elon Musk suggest that Tesla is actually looking to push even more boundaries for the next-gen Roadster. One of these is equipping a variant of the vehicle with actual rocket tech from SpaceX, which, according to Musk, should give the all-electric supercar notable boosts in speed and handling. Elon Musk also mentioned that the next-gen Roadster would be equipped with an “Augmented Mode” feature that will help drivers operate the vehicle.
For the next-generation Roadster to become a true halo car, it must prove its worth in both straight-line races and on the racetrack. If Tesla manages to tune the all-electric supercar to be robust enough to endure extended track driving, the next-gen Roadster could very well find itself beside other legendary halo cars in the automotive industry, such as the iconic Ford GT and the Ferrari F40.
Elon Musk
SpaceX IPO could push Elon Musk’s net worth past $1 trillion: Polymarket
The estimates were shared by the official Polymarket Money account on social media platform X.
Recent projections have outlined how a potential $1.75 trillion SpaceX IPO could generate historic returns for early investors. The projections suggest the offering would not only become the largest IPO in history but could also result in unprecedented windfalls for some of the company’s key investors.
The estimates were shared by the official Polymarket Money account on social media platform X.
As noted in a Polymarket Money analysis, Elon Musk invested $100 million into SpaceX in 2002 and currently owns approximately 42% of the company. At a $1.75 trillion valuation following SpaceX’s potential $1.75 trillion IPO, that stake would be worth roughly $735 billion.
Such a figure would dramatically expand Musk’s net worth. When combined with his holdings in Tesla Inc. and other ventures, a public debut at that level could position him as the world’s first trillionaire, depending on market conditions at the time of listing.
The Bloomberg Billionaires Index currently lists Elon Musk with a net worth of $666 billion, though a notable portion of this is tied to his TSLA stock. Tesla currently holds a market cap of $1.51 trillion, and Elon Musk’s currently holds about 13% to 15% of the company’s outstanding common stock.
Founders Fund, co-founded by Peter Thiel, invested $20 million in SpaceX in 2008. Polymarket Money estimates the firm owns between 1.5% and 3% of the private space company. At a $1.75 trillion valuation, that range would translate to approximately $26.25 billion to $52.5 billion in value.
That return would represent one of the most significant venture capital outcomes in modern Silicon Valley history, with a growth of 131,150% to 262,400%.
Alphabet Inc., Google’s parent company, invested $900 million into SpaceX in 2015 and is estimated to hold between 6% and 7% of the private space firm. At the projected IPO valuation, that stake could be worth between $105 billion and $122.5 billion. That’s a growth of 11,566% to 14,455%.
Other major backers highlighted in the post include Fidelity Investments, Baillie Gifford, Valor Equity Partners, Bank of America, and Andreessen Horowitz, each potentially sitting on multibillion-dollar gains.
News
Tesla expands global FSD (Supervised) testing with Abu Dhabi trials
The program marks the emirate’s first formal testing framework for Tesla’s supervised autonomous driving technology.
Tesla has started its first Full Self-Driving (Supervised) road trials in Abu Dhabi under the oversight of the Integrated Transport Centre, also known as Abu Dhabi Mobility.
The program marks the emirate’s first formal testing framework for Tesla’s supervised autonomous driving technology.
FSD (Supervised) road trials are being conducted with the support of the Smart and Autonomous Systems Council and in coordination with the Legislation Lab at the General Secretariat of the UAE Cabinet.
Dr. Abdulla Hamad AlGhfeli, Acting Director General of the Integrated Transport Centre (Abu Dhabi Mobility), highlighted the agency’s regulatory role in overseeing the FSD (Supervised) tests in a press release.
“The supervision of the Integrated Transport Centre (Abu Dhabi Mobility) over the commencement of Tesla’s advanced autonomous driving technology tests reflects its regulatory and legislative role. These tests represent a qualitative step to evaluate the technology’s performance in a real-world operating environment and to collect the necessary data to verify its readiness before any future expansion in usage.
“Through this organized framework, and in cooperation with strategic partners, we seek to achieve a balance between supporting innovation and encouraging the adoption of smart solutions on one hand and ensuring the safety of road users on the other, in line with the emirate’s direction to develop an advanced, safe, and sustainable transport system,” he said.
Tesla is putting a lot of effort into expanding the rollout of FSD (Supervised) to territories outside in the United States. During a recent interview with Giga Berlin plant manager Andre Thierig, Musk stated that Tesla is looking to secure approval for FSD (Supervised) in the Netherlands this coming March.
“Tesla has the most advanced real-world AI, and hopefully, it will be approved soon in Europe. We’re told by the authorities that March 20th, it’ll be approved in the Netherlands,’ what I was told. Hopefully, that date remains the same. But I think people in Europe are going to be pretty blown away by how good the Tesla car AI is in being able to drive,” Musk stated.
Elon Musk
SpaceX considering confidential IPO filing this March: report
The filing could pave the way for a June listing at a valuation that may exceed $1.75 trillion.
SpaceX is reportedly preparing to confidentially file for an initial public offering (IPO) as soon as March. The filing could pave the way for a June listing at a valuation that may exceed $1.75 trillion, potentially making it the largest IPO in history.
The update was initially reported by Bloomberg News, which cited information shared by people reportedly familiar with the matter.
As per the publication, a confidential filing allows a company to receive regulatory feedback before publicly releasing its financials. Bloomberg’s source, however, noted that the timing of SpaceX’s IPO is still under discussion and plans could change.
SpaceX did not immediately respond to requests for comment.
A March submission would mark the clearest step yet toward bringing Elon Musk’s private space company into public markets. People familiar with the preparations said the offering could raise as much as $50 billion. That would surpass the $29 billion debut of Saudi Aramco in 2019, currently the largest IPO on record.
Major banks including Goldman Sachs Group Inc., JPMorgan Chase & Co., Morgan Stanley, and Bank of America Corp. are reportedly positioned for senior roles in the transaction. SpaceX is also said to be considering a dual-class structure that would allow insiders, including Musk, to retain enhanced voting control.
Satellite communications provider EchoStar Corp., which holds a stake in SpaceX, reportedly saw its shares rise following news of the potential filing.
At a valuation exceeding $1.75 trillion, SpaceX would immediately have a larger market cap than all but five of the companies traded in the S&P 500 index. That figure would place it ahead of Meta Platforms Inc. and Tesla Inc. by market capitalization, trailing only a small group of mega-cap firms such as Apple Inc. and Microsoft Corp.
The scale of the proposed valuation reflects SpaceX’s dominance in orbital launch services and its Starlink satellite network, which serves millions of users globally. The company has also outlined long-term expansion plans tied to higher Starship launch cadence, orbital infrastructure, and lunar development initiatives.
SpaceX IPO could push Elon Musk’s net worth past $1 trillion: Polymarket
Tesla expands global FSD (Supervised) testing with Abu Dhabi trials
