News
Aston Martin’s Rapide E electric car with 800V battery takes first steps in teaser video
With companies like Tesla proving that there is a very real demand for premium, high-performance electric cars, the auto industry’s veteran players are starting to embrace the EV transition. In the case of luxury automaker Aston Martin, the company has opted to start its all-electric push with a limited production run of its high-performance, Porsche Taycan-rivaling Rapide E.
Aston Martin President and Group Chief Executive Officer Andy Palmer recently took to Twitter to share a milestone in the Rapide E’s development. Palmer’s Twitter post featured a short video of a first validation prototype moving on its own for the first time with its 800-volt battery system. The Aston Martin CEO’s video was brief, but the short clip does provide an idea as to how the vehicle looks and sounds like when it’s moving.
Considering that the Rapide E in the video is a first validation prototype, it is quite understandable for the vehicle to move in a very deliberate pace. That said, it is quite interesting to hear what appears to be an audible whine from the car’s electric motors despite the Rapide E’s slow speed. It remains to be seen if the audible sounds from the EV’s motors are deliberate, but it does provide the Rapide E with a rather unique “exhaust note,” electric motors notwithstanding.
A moment of @astonmartin history. First Validation Prototype Aston Martin RapideE moves under its own power for the very first time with its breakthrough 800v battery. Great work from the development team which includes Williams Engineering. pic.twitter.com/b2mRaeCsNP
— Dr. Andy Palmer (@AndyatAuto) January 21, 2019
In the comments section of his post, the Aston Martin executive noted that the Rapide E’s 800-volt battery is a breakthrough in electric car technology, since it gives the vehicle a “significantly quicker fast charging time than any current technology.” Palmer also hinted at “another piece of Aston Martin history” being made on January 21, though the CEO noted that it would remain a “tightly-held secret” for the time being.
In a previous statement to Car and Driver, Palmer noted that the Rapide E would cater to a market that is beyond the premium segment being targeted by companies like Tesla. With a limited production run of 155 vehicles, the Rapide E is targeting customers who desire cars at the top end of the market.
“For me Tesla is a very credible competitor in the premium market, against Daimler, BMW, Audi, and the others. But they’re not in the (upper reaches of the) luxury market where we are. Most of the people who buy a Model S are buying it fully loaded. They’re not limited by their cash; they’re limited by the offer. They’re not a competitor of ours. We’re looking to those people looking for something above Tesla. That customer probably isn’t looking for Ludicrous mode. Our offer will have very credible acceleration, equal to a gasoline Aston Martin, but you’ll be able to drive the car rapidly all the way around the Nürburgring without it derating or conking out on you.”
Overall, it would be quite interesting to see how well the Aston Martin Rapide E stacks up against the competition. With vehicles like the Porsche Taycan Turbo and a possible updated Tesla Model S entering the market in the near future, the luxury carmaker’s flagship car would have to be excellent in all areas to stand out from the competition. In this sense, Aston Martin appears to have done its homework.
To help the company develop the vehicle, the luxury automaker opted to collaborate with Williams Advanced Engineering, the R&D and consultancy arm of the Williams Formula 1 team, to create the Rapide E’s electric powertrain. Aston Martin also noted that it is using an “800V battery electrical architecture with 65kWh installed capacity using over 5600 lithium ion 18650 format cylindrical cells.” The vehicle also packs serious power, with “two rear-mounted electric motors producing a combined target output of just over 610 PS and a colossal 950 Nm of torque.” In a press release last September, Aston Martin noted that the Rapide E would feature a range of over 200 miles per charge under the Worldwide Harmonised Light Vehicle Test Procedure (WLTP).
Production for the Aston Martin Rapide E is expected to begin in Q4 2019. The vehicle’s price has not been announced by the luxury automaker, though speculations suggest that the all-electric car would cost somewhere in the $200,000 to $250,000 range. Reports have hinted that all 155 units of the Rapide E have already been reserved.
News
Apple is developing the missing link for Tesla to get CarPlay: report
A new report claims that Apple is in the process of developing what would be the missing link for Tesla to get CarPlay.
Apple and Tesla have been reportedly working together for some time to give Tesla owners the opportunity to utilize CarPlay within their vehicles. While many owners are more than happy with Tesla’s in-house UI, which is seamless, effective, and smooth, some still want CarPlay, which does have its advantages.
A report from 9to5Mac now states that a new CarPlay technology that was highlighted during the Worldwide Developers Conference (WWDC) would potentially be the bridge between Tesla and Apple. With the addition of a feature known as “Route Sharing,” which gives a navigation app the ability to share routing data with the vehicle, Tesla would be able to launch CarPlay in its vehicles, the report states.
CarPlay has not been a priority for Tesla because it has done extremely well with its in-house UI, but some drivers are just used to it. Additionally, it could improve Tesla’s subpar Navigation or offer improved app capabilities, especially with iMessage.
Route Sharing is an intended addition to CarPlay’s iteration in iOS 26.4, which was released in March:
The addition of CarPlay would undoubtedly be welcome, but at the same time, it seems like Tesla realizes it is not of the utmost priority. There are so many things that Tesla is working on currently within its own vehicles, especially attempting to solve self-driving.
Back in February, Bloomberg had reported that Tesla was still working on bringing CarPlay to its vehicles, but it had not due to app compatibility issues and incredibly low adoption rates of iOS 26.
This bottleneck could buy Tesla the proper amount of time to develop CarPlay for its vehicles. It would be a welcome addition, and could be brought on with either the Summer or Fall 2026 Software Updates.
Investor's Corner
Tesla deliveries get a big boost in expectations from Wall Street
Tesla deliveries got a big boost in expectations from Wall Street firm Goldman Sachs, who believes the company will report some stronger-than-expected numbers when the second quarter comes to an end in the coming weeks.
Goldman Sachs has raised its vehicle delivery forecast for Tesla (NASDAQ: TSLA) in the second quarter of 2026, signaling growing confidence in the electric vehicle leader’s near-term momentum despite mixed market signals. Analyst Mark Delaney lifted the bank’s Q2 estimate to 420,000 units from a previous 405,000, surpassing the Visible Alpha consensus estimate of 400,000.
The upward revision stems from stronger-than-expected sales data across key regions. Europe stands out with projected year-over-year growth of 85-90 percent, driven by robust demand for Tesla’s Model Y and refreshed offerings. China posted high single-digit gains, while markets like South Korea and Australia also contributed positive momentum. These gains help offset mid-teens declines in U.S. deliveries through May, where broader EV market headwinds and competition persist.
Goldman extended its optimism to the full year, increasing its 2026 delivery projection to 1.73 million vehicles from 1.72 million. Longer-term forecasts remain unchanged, with 1.88 million units expected in 2027 and 1.96 million in 2028. The bank also nudged its 2026 earnings-per-share estimate higher to $1.35 from $1.30, reflecting anticipated margin benefits from higher volumes and operational efficiencies.
Despite these positive adjustments, Goldman maintained its Neutral rating and $375 price target on Tesla shares. At current trading levels near $411, the stock sits about 8-9 percent above the target, highlighting ongoing valuation concerns even as delivery momentum builds. Tesla’s Q1 2026 deliveries totaled 358,023 units, setting a baseline for recovery expectations in the current period.
This update arrives as Tesla prepares to report official Q2 figures shortly after June 30. Investors and analysts will closely watch not only headline delivery numbers but also regional breakdowns, average selling prices, and progress on energy storage deployments and autonomous technology initiatives.
The move by Goldman Sachs underscores a broader narrative for Tesla: while legacy auto markets face softening demand and tariff uncertainties, Tesla’s global footprint and product pipeline provide resilience. Europe’s surge reflects pent-up demand and policy support for EVs, while China’s steady growth highlights Tesla’s competitive positioning against local rivals.
Tesla still has its work cut out for it, including U.S. price sensitivity and intensifying competition. Yet Goldman’s revision adds to a series of analyst notes suggesting Q2 could mark a turning point. As Tesla pushes toward higher production rates at facilities in Fremont, Shanghai, and Berlin, sustained execution will be key to validating these higher forecasts.
We have said numerous times that deliveries are becoming a less important metric in the grand scheme of things, as AI truly takes precedence in the company’s thesis.
For Tesla bulls, the Goldman note reinforces faith in underlying demand trends. For skeptics, the unchanged rating serves as a reminder that delivery beats alone may not immediately resolve valuation debates in a high-interest-rate environment. Tesla’s stock reaction will likely hinge on the official numbers and management commentary in the coming weeks.
News
SpaceX makes first acquisition post-IPO with coding leader Cursor
SpaceX has exercised its option to acquire Cursor, the innovative AI coding company, in an all-stock transaction valued at $60 billion. The deal, announced on June 16, marks a significant step in SpaceX’s expansion into advanced artificial intelligence, building on months of close collaboration between the companies.
Cursor, officially operated by Anysphere, Inc., is an AI-native code editor and coding agent designed to transform software development. Founded in 2022 by a group of MIT graduates in San Francisco, Cursor builds on the familiar foundation of Visual Studio Code but integrates powerful AI capabilities directly into the core experience.
Unlike traditional code editors or simple extensions, Cursor functions as a full “coding agent” that turns natural-language instructions into actionable code.
SpaceX has exercised the option to acquire @cursor_ai in an all-stock transaction with the goal of building the world’s most useful AI models.
For the past few months, SpaceXAI has been jointly training a model with Cursor, which will be released in Cursor and Grok Build soon.… https://t.co/X5mepgXgjJ
— SpaceX (@SpaceX) June 16, 2026
Developers interact with Cursor through features like its Composer agent, which can search entire codebases, edit multiple files, run terminal commands, debug issues, and complete complex multi-step programming tasks autonomously.
Users describe high-level goals, such as “build a scalable API endpoint with authentication,” and the AI plans, implements, tests, and refines the solution while the human oversees decisions. Additional tools include advanced autocomplete (Tab), context-aware chat, and infrastructure for handling billions of daily requests.
The platform has gained considerable traction, surpassing $3 billion in annual recurring revenue by early 2026 and earning adoption by over half of the Fortune 500 companies. Its agentic approach accelerates development dramatically, allowing engineers to focus on architecture and creativity rather than repetitive coding.
The acquisition integrates Cursor’s leading product, expert team of roughly 300 engineers, and distribution network among top software developers with SpaceX’s unparalleled computational resources. SpaceX’s Colossus supercomputer, equivalent to a million H100 GPUs, has already powered joint training of next-generation models. These models are expected to launch soon within Cursor and SpaceX’s Grok Build environment.
This combination positions SpaceX to develop the world’s most capable AI systems for coding and knowledge work. Access to Cursor’s real-world usage data from millions of professional developers provides unparalleled feedback loops for model improvement. Training on Colossus enables rapid iteration on massive datasets, potentially creating AI that outperforms current leaders in reliability, context handling, and complex reasoning.
For SpaceX, the benefits extend far beyond software tools. Rocket engineering, satellite constellation management, autonomous flight systems, and Starship development involve millions of lines of highly specialized, safety-critical code.
Cursor’s AI agents, supercharged by proprietary models trained on SpaceX’s domain expertise, could slash development timelines, reduce errors, and enable faster innovation cycles. This vertical integration of AI tooling strengthens SpaceX’s competitive edge in both aerospace and the broader AI race, complementing its xAI initiatives.
The deal reflects the exploding value of AI-native developer platforms. By owning Cursor outright, SpaceX secures a strategic talent pool and product pipeline that will accelerate internal projects while potentially offering enhanced tools to the wider engineering community. As AI continues reshaping software creation, this acquisition underscores SpaceX’s commitment to leveraging cutting-edge technology for ambitious goals, from Mars colonization to global connectivity.