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Goodwood hosts the introduction of many new EVs

Goodwood Festival of Speed Electric Avenue (Credit: Goodwood)

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This week, the Goodwood Festival of Speed is happening in West Sussex, England, and many manufacturers are showing off production and concept electric vehicles.

The Goodwood Festival of Speed has been an annual event showing off many different cars since 1993. Since its inception, Goodwood has been the chosen location for many manufacturers to reveal their new cars, especially those who are looking to impress and allure the European market. This year is no different, and electric vehicles have become more of a part of the festival than ever before with the introduction of the Goodwood “Electric Avenue.”

For those unable to attend the event this year, this article will be a culmination of all the new electric vehicles being shown at the event, production, concept, racecar, or otherwise.

Polestar –

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Polestar brought multiple vehicles to the Goodwood festival of speed; the Polestar 2, Polestar 3 SUV, and even their prototype Polestar 5 GT sedan. The Polestar 5 was the star of the show, and according to their press release on the vehicle, the Polestar will have a new 800-volt architecture and will be paired with a dual-motor 884 horsepower and 663 pound-feet of torque motor system. Range information, release date, and pricing have not been released for the vehicle yet.

Polestar has been documenting the process of the transformation of the Polestar Precept concept car into the Polestar 5 that we see today on their YouTube channel. More specific details about interior and exterior design can be found there.

No specific specifications have yet been released for the Polestar 3 SUV. However, in the most recent press release on the SUV, the company claimed it was aiming for a 372-mile WLTP range and would partner with computer chip manufacturer Nvidia to implement a LIDAR system on the vehicle.

Ford –

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While headlining their ever-popular Mach E, Ford also revealed their “Pro Electric SuperVan.” The concept of the SuperVan originated, according to MotorTrend, in the early 70s as a cargo van’s body was wrapped around a GT40’s internals. Ford made two generations of Supervan after its first appearance, but in this fourth generation, it is going electric. This proof-of-concept vehicle took the vague body shape of the new Ford E Transit, lowered it to the ground, and introduced massive flying buttresses to the typically tame utility van. In MotorTrend’s interview with Ford, they say that the van can go from 0-60 in just under 2 seconds and that the vehicle has roughly 2000 horsepower. Hopefully, this vehicle, much like previous SuperVans, is not planned to race or be sold. It does highlight some of the amazing electric technology Ford is working to bring to consumers and may even pique the interest of more combustion-minded car enthusiasts.

Lexus –

Lexus first revealed its LFA lookalike EV back in December of last year, but other than the claim that the vehicle will be able to do 0-60 in the mid-2 seconds, little to nothing is known about the vehicle. From what is listed on the Lexus website, the brand states the vehicle may use solid-state batteries and will hope to achieve a range of 430 miles per charge, a number certainly capable of competing with Tesla if released.

 The other vehicle brought to Goodwood by Lexus is the recently revealed RZ 450e, the Lexus variant of the BZ4X/Soltera. Similarly to the other all-wheel-drive variants, the vehicle will have ~226 miles of range, feature an all-wheel-drive setup via dual motors, and will be able to fast charge at 150kW, allowing 20%-80% in roughly half an hour. Where the Lexus differs from its Toyota and Subaru siblings is in its power, the vehicle will produce 312 horsepower compared to the 215 on the Subaru and Toyota.

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More broadly, Akio Toyoda announced in December of last year that the Lexus EV coupe and new RZ 450e will be part of 16 new electric vehicles that Toyota plans to bring to the market. These electric vehicles are a key part of Toyota’s carbon neutrality strategy.

Lotus –

With the acquisition of the Lotus brand in 2017, the brand has been doing a lot of work to rejuvenate itself. Its most recent attempt to do so comes in the form of two electric vehicles. The Lotus Evija is the brand’s newest quad motor electric hypercar; making 1972 horsepower, weighing only 3703 pounds (making it the lightest production EV according to Lotus), and maintaining a WLTP range of 215 miles.

The other EV shown by Lotus at Goodwood is their new Eletre SUV. This electric SUV is set to compete with the likes of the Tesla Model X Plaid, the Rivian R1S, and perhaps the future Mercedes EQG. The 4wd SUV uses a dual motor setup paired to an over 100kwh battery, is capable of up to 900 horsepower, and claims the first-ever “deployable LIDAR system” in a production EV.

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McMurtry –

The startup McMurtry Automotive has designed and built a single-seater electric racecar that they hope will be able to achieve 0-60 in 1.5 seconds; the Speirling. According to the company’s website, the car will supposedly be able to achieve this due to a vacuum system that sucks air from under the car, essentially giving the car downforce even while stationary. On top of that, the car weighs under 2,205 pounds and has a power-to-weight ratio of 1,000 horsepower per ton.

Porsche –

Perhaps one of the most eye-catching vehicles at Goodwood this year is the Porsche 718 Cayman E-Performance. Porsche took one of their GT4 Cayman ICE vehicles but replaced the engine with a dual motor setup and a battery that is designed to allow for 30 minutes of track use, or what Porsche says is the exact length of a Carrera Cup Race. Porsche says the motor system can produce 986 horsepower peaks but produces 603 horsepower in the effort of maintaining power throughout the 30 minutes. Matthias Shultz, a Porsche Racing project manager, comments as part of an accompanying Porsche press release that “we’ve shown how Porsche envisages sustainable customer motor racing in the future. The 718 Cayman GT4 ePerformance now demonstrates that this vision works impressively on the racetrack.”

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According to Car and Driver, this prototype vehicle comes before the anticipated next generation of Cayman and Boxster vehicles that will be adopting an electric drive train that will be released in 2025. These models will be a key part of Porsche’s plan to become carbon neutral by 2030.

Kia/Hyundai –

Kia and Hyundai are no longer new to the EV industry, especially after their successful launches of the EV6 and Ioniq 5, respectively. At Goodwood, Kia and Genesis showcased a combined four production electric models and will supposedly also show their Speedium Coupe concept car.

The Kia EV6 GT was on display and will be the high-performance version of the current EV6 on the market. The new EV6 will have 576 horsepower and 545 pound-feet of torque, propelling the vehicle to 60 in 3.5 seconds and achieving a top speed of 161 miles per hour. However, with competition from its own Genesis brand for other powerful electric crossover vehicles, it is unclear how much attention the GT will receive.

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 The Genesis vehicles, the GV60, GV70, and G80 are the more upscale versions of the EV6 platform. Looking at the Genesis website, each of them offers impressive specifications, but each is going after quite a different clientele. For the performance luxury sedan lovers, the G80 will offer 323 miles of WLTP estimated range, will be capable of “22-minute ultra-fast charging” (from 10%-80%) via Hyundai/Kia’s new 800-volt architecture, and feature a dual-motor all-wheel-drive system delivering 364 total system horsepower.

Crossover customers will have the choice of either the GV60 or the larger GV70. The GV60 will offer slightly better performance than the G80 in many different ways; it will have a max of 321 miles of WLTP estimated range (front-wheel-drive model), will be capable of “18-minute ultra-fast charging” (from 10%-80%) and will offer a max of 483 total system horsepower from a dual-motor setup (all-wheel-drive model). The GV70 has not had full specs announced as of yet but will likely be very similar to its GV60 counterpart; ~18-minute fast charging, ~490 horsepower, etc. What Genesis has said is that the GV70 will be capable of vehicle-to-load use.

Finally, Genesis will supposedly reveal their Genesis X Speedium Coupe, which was first introduced as a concept car titled the X Concept. However, Goodwood is the first place the vehicle has been seen in the real world. If the looks and the other vehicles released are anything to go by, its specifications may be incredible.

Fisker

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Fisker is part of a smaller group of startups that made an appearance at the festival, however, with news that they recently hit over 50,000 reservations, Fisker may now be worthy of the attention of many looking for an affordable EV SUV. There is still only limited information in terms of specifications, however, the brand plans on a starting price of $37,499. The brand’s website does state that the top-of-the-line Ocean SUV will be able to achieve 350 miles of range and will have a dual-motor all-wheel-drive system.

Perhaps more striking is the many interior quirks they list on the website. A pivoting center screen and rolling down rear window are listed prominently while they also highlight the Ocean’s many “terrain modes.” According to Motor1, more detailed specifications will be announced in November.

Renault

While the Renault 5 has been stuck in concept car purgatory for nearly a year now, there is still reason to keep hope. In an interview with Top Gear last year, the CEO of Renault group, Luca de Meo, stated that Renault was significantly shaken when he took charge. One of the first things the CEO did was cancel 7 new ICE products and replaced them with 8 EVs that will hopefully appear in Renault or Nissan’s lineup within the next few years. One of those cars was the Renault 5, a vehicle that de Meo promised would “democratize the electric vehicle.” As of now, no specifics have been revealed about the vehicle, but this hasn’t stopped many from speculating.

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With the recent release of the electric Renault Megane, many believe that the five would use a similar platform and hence, achieve similar specifications. The Megane tops out at 217 horsepower from its front-drive system, achieving 220 miles of range via a 60kWh battery, and starts at 36,000 pounds in England.

E-Go

E.GO is an EV startup from Germany looking to bring another small electric hatchback to Europe in the form of their Life and e.wave X models. According to the company’s website, both are available for pre-order. However, it is unclear how competitive their vehicle will be, considering it will have a goal starting price of 25,000 euros. The vehicle features lackluster specs compared to many of the other models shown at Goodwood; charging at only 11kWh, capable of a “city miles” range of 150 miles, and while only using a single motor front-wheel drive 100hp setup. This car will likely have to compete with larger brands by competing on price, but it is unclear at this time if the 25,000 euro price tag is low enough.

Formula E

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Formula E also made an appearance at the Goodwood hill climb. The Mahindra racing team introduced their new livery and a third-generation racecar that will compete in the upcoming season 8 of Formula E. The Formula E website lists many upgrades coming to the new car; the new open-wheel racer will be capable of 200mph top speeds, will use 40% regenerated energy throughout the race, will ditch rear hydraulic breaks in exchange for a regenerative front and rear motor system, and will feature 600kW hyper-fast charging (allowing for short charging pit stops mid-race). These incredible upgrades over the previous generation may change the sport significantly in the upcoming year.

What do you think of the article? Do you have any comments, questions, or concerns? Shoot me an email at william@teslarati.com. You can also reach me on Twitter @WilliamWritin. If you have news tips, email us at tips@teslarati.com!

Will is an auto enthusiast, a gear head, and an EV enthusiast above all. From racing, to industry data, to the most advanced EV tech on earth, he now covers it at Teslarati.

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Investor's Corner

Tesla stock gets hit with shock move from Wall Street analysts

Despite Tesla not being an automotive company exclusively, the Wall Street firms and analysts covering its shares are widely dialed in on its performance regarding quarterly deliveries. While it holds some importance, Tesla, from an internal perspective, is more focused on end-to-end AI, Robotaxi, self-driving, and its Optimus robot.

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Credit: Tesla

Tesla price targets (NASDAQ: TSLA) have received several cuts over the past few days as Wall Street firms are adjusting their forecast for the company’s stock following a miss in quarterly delivery figures for the first quarter.

Despite Tesla not being an automotive company exclusively, the Wall Street firms and analysts covering its shares are widely dialed in on its performance regarding quarterly deliveries. While it holds some importance, Tesla, from an internal perspective, is more focused on end-to-end AI, Robotaxi, self-driving, and its Optimus robot.

In a notable shift underscoring mounting caution on Wall Street, three prominent investment banks slashed their price targets on Tesla Inc. shares over the past two weeks following the electric-vehicle giant’s disappointing first-quarter 2026 delivery numbers. The revisions highlight softening EV sales figures and, according to some, execution challenges.

Tesla’s Q1 delivery figures show Elon Musk was right

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Tesla delivered 358,023 vehicles in the January-to-March period, a 14 percent sequential decline and a miss versus consensus forecasts of roughly 365,000 to 370,000 units.

Production hit 408,000 vehicles, yet the delivery shortfall, paired with limited updates on autonomous-driving progress and new-model timelines, rattled investors. Shares fell about 8.7 percent since April 1.

Wall Street analysts are now adjusting their forecasts accordingly, as several firms have made adjustments to price targets.

Goldman Sachs

Goldman Sachs cut its target from $405 to $375 while maintaining a Hold rating. Analyst Mark Delaney pointed to soft EV sales trends and margin pressures.

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Truist Financial followed on April 2, lowering its target from $438 to $400 (Hold unchanged), with analyst William Stein citing misses in both auto deliveries and energy-storage deployments, plus a lack of fresh details on AI initiatives and upcoming vehicles.

It is a strange drop if using AI initiatives and upcoming vehicles as a justification is the primary focus here. Tesla has one of the most optimistic outlooks in terms of AI, and CEO Elon Musk recently hinted that the company is developing something for the U.S. market that will be good for families.

Baird

Baird’s Ben Kallo made a very modest trim, reducing its target from $548 to $538, keeping and maintaining the ‘Outperform’ rating it holds on shares. Kallo said the price target adjustment was a prudent recalibration tied to near-term risks.

Truist

Truist analyst William Stein pointed to deliveries and energy storage missing expectations, and cut his price target to $400 from $438. He maintained the ‘Hold’ rating the firm held on the stock previously.

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JPMorgan

Adding to the bearish tone on Monday, April 6, JPMorgan’s Ryan Brinkman reiterated an Underweight (Sell) rating and $145 price target, implying roughly 60 percent downside from recent levels.

Brinkman highlighted a “record surge in unsold vehicles” that adds to free-cash-flow woes, with inventory swelling to an estimated 164,000 units.

Tesla’s comfort level taking risks makes the stock a ‘must own,’ firm says

He lowered his Q1 2026 EPS estimate to $0.30 from $0.43 and full-year 2026 EPS to $1.80 from $2.00, both below consensus. Brinkman noted that expectations for Tesla’s performance have “collapsed” across financial and operating metrics through the end of the decade, yet the stock has risen 50 percent, and average price targets have increased 32 percent.

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This disconnect, he argued, prices in an unrealistic sharp pivot to stronger results beyond the decade, while near-term realities remain materially weaker.

He advised investors to approach TSLA shares with a “high degree of caution,” citing elevated execution risk, competition, and valuation concerns in lower-price, higher-volume segments.

The revisions have pulled the overall consensus lower. Aggregators show the average 12-month price target now ranging from approximately $394 to $416 across roughly 32 analysts, with a prevailing Hold rating and a mixed split of Buy, Hold, and Sell recommendations.

Brinkman’s $145 target stands as a notable outlier on the bearish side.

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Not Everyone Has Turned Bearish on Tesla Shares

Not all firms turned more pessimistic. Wedbush Securities held its bullish $600 target, stressing that AI and full self-driving technology represent the core value drivers, with current delivery softness viewed as temporary.

These moves reflect a broader Wall Street recalibration: near-term EV demand faces pressure from high interest rates, intensifying competition, especially from lower-cost Chinese rivals, and slower adoption.

At the same time, many analysts continue to see Tesla’s technology leadership in software-defined vehicles, autonomy, robotaxis, and energy storage as pathways to outsized long-term gains once macro conditions ease and new models launch.

With Tesla’s first-quarter earnings report due later this month, upcoming details on cost discipline, Cybertruck ramp-up, and AI roadmaps will likely shape whether these target adjustments prove prescient or overly cautious. Investors remain divided between immediate delivery realities and the company’s ambitious vision.

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Tesla shares are trading at $348.82 at the time of publishing.

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Elon Musk

Tesla Full Self-Driving feature probe closed by NHTSA

Actually Smart Summon allows owners to move their parked Tesla via a smartphone app remotely, directing the vehicle short distances in parking lots or private property while the driver supervises from the phone.

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tesla summon
Credit: YouTube/Hector Perez

A probe into a popular Tesla self-driving feature has been closed by the National Highway Traffic Safety Administration (NHTSA) after over a year of scrutiny from the government agency.

The NHTSA has officially closed its investigation into Tesla’s Actually Smart Summon (ASS) feature, marking a regulatory win for the electric vehicle maker after more than a year of scrutiny.

Here’s our coverage on the launch of the probe:

Tesla’s Actually Smart Summon feature under investigation by NHTSA

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The preliminary investigation, opened last January, examined roughly 2.59 million Tesla vehicles equipped with the feature across the Model S, Model X, Model 3, and Model Y lineups. ASS is not available for Cybertruck currently.

Actually Smart Summon allows owners to move their parked Tesla via a smartphone app remotely, directing the vehicle short distances in parking lots or private property while the driver supervises from the phone.

Here’s a clip of us using it:

Introduced as an upgrade to the original Smart Summon, the feature was designed to enhance convenience but drew attention after reports of low-speed incidents where vehicles bumped into stationary objects like posts, parked cars, or garage doors.

The NHTSA’s Office of Defects Investigation reviewed 159 incidents, including one formal Vehicle Owner’s Questionnaire complaint and media reports.

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Notably, all events occurred at very low speeds, resulted only in minor property damage, and involved zero injuries or fatalities. The agency determined that the incidents were “extremely rare”, a fraction of one percent across millions of Summon sessions, and did not indicate a systemic safety-related defect.

A key factor in the closure was Tesla’s proactive response through over-the-air (OTA) software updates.

During the probe, Tesla deployed at least six updates that improved camera-based object detection, enhanced neural network performance for obstacle recognition, and refined the system’s response to potential hazards. These iterative improvements, delivered wirelessly to the entire fleet, addressed the primary concerns around detection reliability and operator reaction time.

Critics of Tesla’s autonomous features had initially pointed to the crashes as evidence of rushed deployment, especially given the feature’s reliance on the company’s vision-only Full Self-Driving (FSD) stack. However, NHTSA’s decision to close the case without seeking a recall underscores the low-severity nature of the events and the effectiveness of software-based fixes in modern vehicles.

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It definitely has its flaws. I used ASS yesterday unsuccessfully:

However, improvements will come, and I’m confident in that.

The closure comes as Tesla continues to push boundaries with its autonomous driving ambitions, including unsupervised FSD rollouts and robotaxi initiatives. For owners, the ruling reinforces confidence in Actually Smart Summon as a convenient, low-risk tool rather than a hazardous experiment.

While broader NHTSA reviews of Tesla’s higher-speed FSD capabilities remain ongoing, this outcome highlights how data-driven analysis and rapid OTA remediation can satisfy regulators in the evolving landscape of automated driving technology.

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Tesla has not issued an official statement on the closure, but the move is widely viewed as bullish for the company’s autonomy roadmap, reducing one layer of regulatory overhang and allowing focus on further refinements.

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Elon Musk

Tesla uses Model S and X ‘sentimental’ value to enforce massive pricing move

By slashing production and creating immediate scarcity, the company has transformed these remaining vehicles into limited-edition relics. The price hike is not driven by rising material costs or new features.

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Credit: Tesla

Tesla is using the “sentimental” value that CEO Elon Musk talked about with the Model S and Model X to enforce one of the most massive pricing moves it has ever applied as it begins to phase out the flagship vehicles.

Tesla quietly executed one of its most calculated pricing plays yet. After officially ending production of the Model S and Model X, the company raised prices on every remaining new and demo unit by roughly $15,000.

The refreshed starting prices now sit at:

  • $109,990 for the Model S AWD
  • $124,900 for the Model S Plaid
  • $114,900 for the Model X AWD
  • $129,900 for the Model X Plaid

Every vehicle comes fully loaded with the Luxe Package, Full Self-Driving Supervised, four years of premium connectivity and service, and lifetime free Supercharging. What looks like a simple inventory adjustment is, in reality, a masterclass in monetizing nostalgia.

These are not ordinary cars. For many owners, the Model S and Model X represent the purest expression of Tesla’s original promise—the sleek, over-engineered flagships that proved electric vehicles could be faster, quieter, and more desirable than their gasoline counterparts.

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Tesla removes Model S and X custom orders as sunset officially begins

They are the vehicles that carried Elon Musk’s vision from Silicon Valley startup to global automaker.

The final units rolling off the line carry an emotional weight that numbers alone cannot capture. Buyers are not simply purchasing transportation; they are acquiring a piece of Tesla history, the last examples of the very models that defined the brand’s first decade.

Tesla, with this move, understands this sentiment deeply.

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By slashing production and creating immediate scarcity, the company has transformed these remaining vehicles into limited-edition relics. The price hike is not driven by rising material costs or new features.

It is driven by the knowledge that a certain segment of buyers, loyalists, collectors, and enthusiasts, will pay a premium precisely because these cars are about to disappear. The strategy converts emotional attachment into margin.

Where other automakers might discount outgoing models to clear lots, Tesla is betting that sentiment is worth more than volume.

The move also quietly rewards existing owners. Scarcity instantly boosts resale values for the hundreds of thousands of Model S and X already on the road, reinforcing brand loyalty among the very people who helped build Tesla’s reputation.

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In the end, Tesla’s pricing decision reveals a sophisticated understanding of its audience. As the company pivots toward next-generation platforms, it has found a way to extract one final, lucrative chapter from its heritage.

For buyers willing to pay the new prices, the premium is not just for the car; it is for the feeling of owning the last true originals. Tesla has turned sentiment into strategy, and in the process, reminded everyone that even in the EV era, emotion remains a powerful line on the balance sheet.

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