The Formula E gen 3 racecar has hit the track in Mexico City for its first race of the sport’s ninth season.
Formula E has come a long way from the car changes and wheel covers of previous generations of racing. And perhaps the most significant change coming in the motorsport’s ninth season is its third-generation racecar, which promises to bring faster, tighter, and more exciting racing than ever before.
Formula E’s third-generation car has only been seen in short testing videos until now, but the vehicle will have its first real test this weekend at the first race of the season in Mexico City. The new car is a featherweight at only 1,800 pounds, including the driver. And with just over 460 horsepower coming from a single rear-mounted motor, the car will finally reach the elusive 200mph on track straightaways. All while being what Formula E calls “the most sustainable racecar ever.”
While drivers have been cautious to review the car in too much detail, many have noted the lightweight, twitchy handling, and small size compared to last season. And while these changes should lead to racing that is closer and more competitive than ever, it remains to be seen if that will be the case.
The new season also comes with a series of rule changes announced at the end of last year, notably removing the controversial fan-boost feature, introducing fast charge pit stops for select races, and changing the system of racing from 40min plus one lap to a total number of laps system.
The first race of season 9 is starting with not only a new car but a slate of new teams and drivers. New teams include ABT Cupra, sponsored by the Volkswagen Group brand Cupra; Masarati MSG Racing, led by the historic Italian brand Masarati; and Neom McLaren, led by a coop of the ever-popular McLaren brand and the future city of Neom.
Along with this year of firsts come some predictable names to the Formula E track. Some of the oldest names in the sport are found on the Jaguar team, with Mitch Evans and Sam Bird returning for yet another season, but they are far from the only familiar faces. Sebastien Buemi and Nick Cassidy return to Envision Racing, Antonio Felix Da Costa and Pascal Wehrlein will lead Porsche Tag-Heuer, and Jake Dennis and Andre Lotterer represent the American Avalanche Andretti Autosport team.
There are high expectations for season nine, not only because of the changes in technology and rules to aid in the excitement of the sport but also due to the record viewership achieved in season 8. Hopefully, along with a faster and more exciting racing system, Formula E can continue to build on its success from last year.
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Investor's Corner
Tesla (TSLA) Q3 2025 earnings results
Tesla’s Q3 earnings come on the heels of a quarter where the company produced over 447,000 vehicles, delivered over 497,000 vehicles, and deployed 12.5 GWh of energy storage products.
Tesla (NASDAQ:TSLA) has released its Q3 2025 earnings results in an update letter. The document was posted on the electric vehicle maker’s official Investor Relations website after markets closed today, October 22, 2025.
Tesla’s Q3 earnings come on the heels of a quarter where the company produced over 447,000 vehicles, delivered over 497,000 vehicles, and deployed 12.5 GWh of energy storage products.
Tesla’s Q3 2025 results
As could be seen in Tesla’s Q3 2025 update letter, the company posted GAAP EPS of $0.XX and non-GAAP EPS of $0.50 per share. Tesla also posted total revenues of $28.095 billion.
In comparison, FactSet consensus expects Tesla to post earnings per share of around $0.56, down 22% from Q3 2024’s $0.72 per share. Tesla’s revenue is forecasted to rise 5.4% to $26.54 billion, as noted in an Investor.com report.
On the other hand, Sharp consensus, which tracks analyst revision trends, predicts Tesla to post earnings of $0.57 per share and revenue totaling $28.31 billion.
Tesla’s Q3 2025 Update Letter
News
Tesla’s new Safety Report shows Autopilot is nine times safer than humans
Tesla released its Vehicle Safety Report for Q3 2025, and it showed that one crash was recorded every 6.36 million miles drive in which drivers were using Autopilot technology.
Tesla’s new Safety Report for Q3 shows Autopilot technology contributed to accident frequency that was nine times lower than the national average.
Tesla released its Vehicle Safety Report for Q3 2025, and it showed that one crash was recorded every 6.36 million miles drive in which drivers were using Autopilot technology.
This is a stark contrast from the most recent data made available by the National Highway Traffic Safety Administration (NHTSA) and Federal Highway Administration (FHWA), which shows there is an automobile crash approximately every 702,000 miles.
Autopilot & FSD Supervised safety data
In Q3 2025, we recorded 1 crash for every 6.36 million miles driven in which drivers were using Autopilot technology
By comparison, the most recent data available from NHTSA & FHWA (from 2023) shows that in the United States there was an… pic.twitter.com/8isNe7X4vg
— Tesla (@Tesla) October 22, 2025
The figure for Q3 2025 is slightly lower than the one that Tesla released in Q3 2024, which eclipsed 7 million miles between accidents for drivers using Autopilot technology.
Over the past seven quarters, Q1 has been Tesla’s strongest showing with the Vehicle Safety Report, with Q4 being the weakest. This is usually attributed to weather and driving conditions deteriorating toward the end of the year.
Q1 2024 was Tesla’s best performance so far, with one crash every 7.63 million miles.
Autopilot and Full Self-Driving have been a major focus of Tesla over the past few years, and recent versions have improved on what has already proven to be an extremely safe way to travel, as long as it is used correctly.
Tesla’s Full Self-Driving (Supervised) suite is a suitable way to allow the vehicle to navigate through any traffic setting and has been widely effective for day-to-day travel. With the data Tesla gets from its use across its vehicle fleet, it gets more refined and more accurate with every passing mile.
The company has teased the potential for completely unsupervised Full Self-Driving releases in the future, but Tesla has to solve autonomy before it can offer anything like that to the public.
News
Tesla looks to enter a new continent, new job posting shows
Tesla is present on five of the seven continents: North America, Europe, Asia, South America, and Australia. In South America, Tesla currently operates only in one country, Chile, but is looking to expand to more areas.
Tesla is looking to enter Africa for the first time, launching operations on a new continent and expanding its vehicle business operations.
Tesla is present on five of the seven continents: North America, Europe, Asia, South America, and Australia. In South America, Tesla currently operates only in one country, Chile, but is looking to expand to more areas.
Although the company has not launched anything in Africa, a new job posting indicates that Tesla is looking to launch there for the first time.
According to a new posting on Tesla’s Careers website, it is looking for a full-time Country Sales & Delivery Leader in Casablanca, Morocco:
“The Country Sales & Delivery Leader is responsible for driving the sales and delivery strategy and daily operations across the country. They will hire and develop the best people leaders and ensure the development of the highest performing teams. The Field Sales & Delivery Leader will take accountability for achieving ambitious sales and delivery targets and ensure the business performs on key success criteria, including but not excluded to market growth, customer satisfaction, operational excellence, and employee deployment and retention. In addition to driving business performance across sales & delivery, the Field Sales & Delivery is expected to act as an ambassador for Tesla in the market, as well as provide critical perspective and guidance on decisions impacting outcomes within their market to increase Tesla’s market share.”
NEWS: Tesla is officially launching in Africa.
The company has a new job listing for a full-time Country Sales & Delivery Leader in Casablanca, Morocco.
“The Country Sales & Delivery Leader is responsible for driving the sales and delivery strategy and daily operations across… pic.twitter.com/mm6pgBAu5s
— Sawyer Merritt (@SawyerMerritt) October 22, 2025
Back in July, Tesla officially registered its presence in the Moroccan market with the $2.75 million initial capital investment, according to The Habari Network.
The move marked a formal attempt at market entry for the EV maker, and it could signal even more opportunities through its other business operations, like energy.
Morocco is looked at as one of the countries in Africa that is most prone to transition toward EVs, as its government has focused on renewable energy and strategic investments in transportation.
It also has local production advantages, as Renault operates a plant in Morocco.
Tesla (TSLA) Q3 2025 earnings results
Tesla’s new Safety Report shows Autopilot is nine times safer than humans
Tesla looks to enter a new continent, new job posting shows
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