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Ford Mustang Mach-E wins Consumer Reports’ Electric Vehicle Top Pick award

Available Ice White Appearance Package on appropriately configured 2022 Mustang Mach-E and Mustang Coupe models. Closed course.

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The Ford Mustang Mach-E has won Consumer Reports‘ award for the Electric Vehicle Top Pick. The Mustang Mach-E displaces the Tesla Model 3, which has held the award for the past two years.

CR credits the Mach-E’s rich heritage with the Mustang brand and its obvious popularity based on sales figures to determine the vehicle was in the running for the top pick. After Ford’s introductory EV, the Mustang Mach-E, solidified its prowess in the electric sector by earning the best Overall Score, which factors road-test score, predicted reliability, owner satisfaction, and safety, Consumer Reports had enough evidence to choose it over Tesla’s mass-market EV.

“Make no mistake, the Model 3 is still a great choice, and Consumer Reports recommends it. It shines with the latest technology, a long range, an impressive charging network, and a driving experience closer to a high-performance sports car than a sedan,” CR said. “But the Mustang Mach-E is also very sporty, plus it’s more practical and easier to live with. The Ford is also quieter and rides better. Both cars have large infotainment center screens, but the Mach-E’s is far easier to operate and doesn’t require multiple steps to activate routine features, such as using the defroster or adjusting the mirrors, as with the Tesla. Also, the Mach-E has an edge when it comes to reliability, according to first-year results in our Annual Auto Surveys of CR members.”

The report notes that the Mach-E is more similar to the Model Y than the Model 3, which is a fact. The two vehicles were the one-two punch in the electric crossover SUV sales figures for the U.S. last year, with the Model Y beating the Mach-E.

Consumer Reports also said the Mustang Mach-E gained two additional points to the vehicle’s Overall Score due to the fact it has an active driving assistance system with an adequate driver monitoring system. Any vehicle that has these features gains two additional points. However, CR did not award Tesla Autopilot the two points because the system “can still be used if the driver is looking away or using a phone, as long as there is at least one hand resting on the steering wheel.”

Tesla activated its cabin-facing driver monitoring system in September as part of software update 2021.32.5. Drivers noted that the system worked adequately, alerting drivers following a brief look away from the road to glance at a cell phone or the floor of the vehicle. However, in CR’s in-house study, the publication stated that GM’s SuperCruise did a better job of monitoring drivers during vehicle operation.

“In total, the Ford Mustang Mach-E shines in the electric car space, standing out as our 2022 Top Pick in this category,” Consumer Reports concluded.

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Ford has a lot to be proud of as the Mustang Mach-E was its first crack at an EV, and it went pretty well. Mustang Mach-E sales totaled 27,140 vehicles in 2021, according to Ford. While it was not the best-selling EV crossover last year, it was one of the best, and it made a real splash on the passenger market.

I’d love to hear from you! If you have any comments, concerns, or questions, please email me at joey@teslarati.com. You can also reach me on Twitter @KlenderJoey, or if you have news tips, you can email us at tips@teslarati.com.

Joey has been a journalist covering electric mobility at TESLARATI since August 2019. In his spare time, Joey is playing golf, watching MMA, or cheering on any of his favorite sports teams, including the Baltimore Ravens and Orioles, Miami Heat, Washington Capitals, and Penn State Nittany Lions. You can get in touch with joey at joey@teslarati.com. He is also on X @KlenderJoey. If you're looking for great Tesla accessories, check out shop.teslarati.com

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Investor's Corner

SpaceX gets an absolutely crazy price target after rough IPO

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Credit: SpaceX

SpaceX (NASDAQ: SPCX) got an absolutely crazy price target rating from Raymond James after the company experienced a tough first few weeks following its Initial Public Offering (IPO).

Despite the tumultuous start, SpaceX has plenty of believers, and the company’s massively successful Starship launch last Friday, its 13th test flight of the massive rocket, went so smoothly that Raymond James analysts pushed its price target on the company to roughly 7 times its current trading level.

SpaceX Starship just nailed something it’s never done before

The firm officially put a “Strong Buy” rating and an $800 price target on the stock. It currently trades at around $113. Its all-time high is $225.64, reaching this trading level shortly after shares first went public.

Raymond James’ price target is tied to the firm’s confidence after Starship’s 13th test flight. Analysts at the firm said it was an incremental step that reduces engineering risks, citing the widely successful heat shield test that CEO Elon Musk recently detailed, the smooth deployment of Starlink V3 satellites, and a successful in-space engine relight.

SpaceX also managed to see Starship splash down safely in the Indian Ocean, while the Super Heavy Booster fell down to the Gulf of America with no incidents.

It is interesting to see these launches have such a tremendous impact on the stock and what investors think of it. After SpaceX initially delayed the Starship launch last week, shares fell tremendously. Most probably did not realize that the stand-down is a standard practice, especially if everything is not perfect.

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The mission was initially aborted due to an issue with Raptor engines. This was resolved, and Starship launched last Friday after another delay on Thursday, which was caused by weather.

Now that analysts have seen what SpaceX launches are capable of and how impressive the feat is, firms are adjusting their price targets accordingly, making it known that they have high expectations for the space exploration company.

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Elon Musk

Elon Musk responds to Volvo’s latest LiDAR decision

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(Credit: Tesla)

Tesla CEO Elon Musk has responded to reports that Volvo is officially discontinuing the LiDAR sensor on two of its cars.

Volvo announced that it would officially scrap LiDAR systems on its EX90 and ES90 vehicles in various markets. In Norway, owners will get a €1,800 compensation for features that will never arrive due to this decision. There will be no option to remove the unit from vehicles, either.

The issue stems from Volvo’s supplier, Luminar, and its bankruptcy filing. Luminar will no longer be able to supply LiDAR units to Volvo for the EX90 and ES90, effectively axing any use the unit has on vehicles. Volvo will phase out the data collection processes via the LiDAR system, and it will not be utilized whatsoever.

Musk saw the story on X and responded, stating:

“I did try to warn them. Humans drive using neural nets and optical sensors. Same is true for robot cars.”

Musk has been publicly vocal about his disdain for LiDAR systems, once calling them “a fool’s errand,” as he has consistently kept the outlook that they are not needed for effective self-driving.

The typical example used as evidence for this by Musk is humans themselves: made with only eyes and memories, humans are capable of navigating a car by using what they can see and what they’ve personally experienced on the road.

Elon Musk argues lidar and radar make self driving cars more dangerous

“Same is true for robot cars,” Musk says, as Teslas have eight exterior cameras that help see everything surrounding the vehicle, and a neural network that analyzes behavior and tendencies with every mile driven.

Tesla is a vision-only self-driving company that ditched sensors and radar several years ago in favor of cameras. Behind this effort, the company has established a reputation for having one of the most robust self-driving platforms in the world.

Musk’s big bet with Tesla on its self-driving program’s strategy has widely paid off. Other companies continue to utilize things like LiDAR, radar, and sensors for effective self-driving, but Tesla has shown that there is more than one way to give consumers a strong and accurate driver assistance suite.

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The real question is: who will be the first company to take Musk’s advice and attempt a self-driving platform based on cameras only, or even license FSD for themselves?

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Tesla Summer Update begins rolling out: a look at the new features

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Credit: Tesla

Tesla has started to deploy the 2026 Summer Update to owners across its fleet, and among the biggest changes are improvements to Navigation, a new startup animation for the Model 3 and Model Y, Caraoke scoring, and new capabilities for Grok.

As the update has started making its way to some cars, we can now see a few of the features operating in real-time. We will show you what some of the new features look like in this article, along with some additional details on what changed.

Not all of the new features in the 2026 Summer Update have quite made an appearance, but some of them have, so we’ll show those here:

New Animation Screen for 3/Y

Tesla is rolling out a new startup animation for Tesla Model 3 and Model Y owners. This is present in Launch Edition and Performance Model 3 and Model Y, but other trim levels do not have anything like this.

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Owners can adjust the color associated with the startup animation to suit their preferences. It is a surprise that more automakers do not focus on this animation for their vehicles; it can be a great first impression piece and make the car immediately feel more luxurious.

Tesla has included this on more premium trims, but it is nice to see it on the Model 3 and Model Y.

Grok Improvements

Grok can now adjust more things in the car outside of the Navigation system. Now, drivers can adjust anything from climate to driving settings by simply speaking to the AI assistant in the car:

You don’t even have to push a button, either. Instead, you can just say “Hey, Grok,” if you have it enabled. That feature rolled out with the 2026 Spring Update just a few months back.

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This is a great feature, especially pertinent for the Robotaxi platform, as there will be no buttons inside the Cybercab when it eventually starts giving rides to the public. It also broadens Grok’s capabilities, which were relatively limited in terms of vehicle setting adjustments beforehand.

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