News
With only days before initial testing, the Formula E grid is finalized
Formula E has finalized its grid of participating teams, including three new participating automakers.
Despite the departure of notable teams, including Mercedes and BMW, as Formula E begins its 9th season with its new third-generation car, it has also attracted three new brands, including Cupra (VW Group’s Spanish sub-brand), Maserati, and McLaren. Along with these new teams, Formula E is introducing a revamped racing system, new locations, and new technology.
Season 9 will be a massive season for Formula E. Most importantly, the motorsport has finally upgraded its racecar and promises an exciting viewing experience. The new car produces 470 horsepower, weighs just 1,700 pounds (including the driver), is capable of 200mph, and even uses a dual motor setup to capture up to 600kW when breaking. The gen. 3 car is also far smaller, allowing more space on the track and more competitive racing. The new racecar will finally be on full display as Formula E starts live testing in Valencia, Spain, just three days from now.
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The new car also comes with a far more aggressive look that teams have taken advantage of as they reveal their upcoming liveries:
Some of the other noticeable changes will be coming to the races themselves. Not only is Formula E coming to a couple of new locations, including Portland, Oregon, Mexico City, Mexico, and Sao Palo, Brazil, but the race structure has been altered. No longer will races be 45min plus one lap, but it will return to the more traditional “number of laps” system.
Other notable changes include “attack charge,” which will be introduced at races later in the season, whereby teams will have the chance to charge their vehicles using 600kW charging for 30 seconds. At the same time, the ever-controversial “fan boost” has been cut, meaning fans will no longer be able to vote to boost their chosen drivers during the race. Finally, rookie drivers will be getting extra attention as each team will be required to provide practice time to drivers who have never participated in the championship previously.
These improvements come on the heels of Formula E’s incredible viewership success in its 8th season of racing. During which, the series garnered record viewership; in person, online, and on TV.
The pace of technical and racing improvement is something of a marvel. For fans of Formula 1 and NASCAR, the rate of Formula E’s changes and improvements to the car are unmatched. Hopefully, the motorsport can continue to improve in the coming year as it looks to build off an incredibly successful 8th season of racing.
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Elon Musk
Tesla China posts strong February wholesale growth at Gigafactory Shanghai
The update was shared by Tesla observers on social media platform X, citing monthly China Passenger Car Association (CPCA) data.
Tesla China sold 58,599 vehicles wholesale in February, reflecting strong year-over-year growth. The figure includes both domestic deliveries in China and vehicles exported to international markets.
The update was shared by Tesla observers on social media platform X, citing monthly China Passenger Car Association (CPCA) data.
Tesla’s February wholesale result represents a 91% increase year over year, compared with 30,688 vehicles in February 2025. Month over month, the result was down 15.2% from January, when Tesla China recorded 69,129 wholesale units.
The February total reflects combined sales of the Model 3 and Model Y produced at Gigafactory Shanghai. The facility produces the two vehicles for both domestic sales and exports.
Gigafactory Shanghai continues to serve as Tesla’s primary vehicle export hub, supplying vehicles to markets across Asia and Europe. Data compiled by Tesla watchers shows that 18,485 vehicles were sold domestically in China in January 2026, while exports accounted for 50,644 units during the same period.
Tesla has also been extending financing programs in China as it pushes to strengthen domestic demand. The company recently extended its seven-year ultra-low-interest and five-year interest-free financing programs through March 31, marking the second extension of the promotion this year.
The financing initiative was first introduced on January 6 as a strategy aimed at offsetting higher ownership costs ahead of China’s planned 5% NEV purchase tax in 2026. The promotion was originally scheduled to expire at the end of January before being extended to February and then again through the end of the first quarter.
Tesla’s efforts come amid growing competition in China’s EV market. According to data compiled by CNEV Post, Tesla’s 2025 retail sales in China reached 625,698 vehicles, representing a 4.78% year-over-year decline. Part of that decline was linked to the Model Y changeover to its updated variant in early 2025, which temporarily reduced deliveries during the transition period.
News
Tesla Model Y L spotted on transport trucks in Australia
One of the sightings was reported along Victoria Parade in Melbourne, and it showed multiple Model Y L vehicles on a transport carrier.
Tesla’s upcoming Model Y L has been spotted on transport trucks in Australia. Sightings of the six-seat extended wheelbase Model Y variant have been reported on social media platform X by members of the Australian Tesla community.
One of the sightings was reported along Victoria Parade in Melbourne, and it showed multiple Model Y L vehicles on a transport carrier.
The sighting follows earlier observations by Tesla enthusiasts in Sydney, where a covered vehicle believed to be a Model Y L was spotted at a Supercharger.
The Sydney sighting drew attention after observers noted that the vehicle’s tare weight appeared to match the ADR approval listing for the Model Y L, suggesting it could indeed be the extended wheelbase variant of the electric SUV.
Tesla has previously confirmed that the Model Y L will launch in Australia and New Zealand in 2026. The confirmation was reported by techAU following a media release from Tesla Australia and New Zealand.
The Model Y L expands the existing Model Y lineup with seating for six passengers. The vehicle features a longer body compared with the standard Model Y in order to accommodate a spacious second and third row.
Tesla has opted for a 2-2-2 seating configuration instead of a traditional seven-seat layout for the Model Y L. The design includes two individual seats in the middle row to provide easier access to the third row and additional passenger space.
Tesla Australia and New Zealand has also stated that the Model Y L will be covered under the company’s updated warranty structure beginning in 2026.
Tesla has not yet announced pricing or official range figures for the Model Y L in Australia.
Elon Musk
Elon Musk shares timeframe for X Money early public access rollout
X Money is expected to enable financial transactions within the app, expanding the platform’s capabilities beyond social media features.
Elon Musk has stated that X Money, the digital payments system being developed for social media platform X, is expected to enter early public access next month.
The update was shared by Musk in a post on X. “𝕏 Money early public access will launch next month,” Musk wrote in his post.
As noted in a Reuters report, X Money is being developed as a digital payment service that’s directly integrated into the X platform.
The system is expected to enable financial transactions within the app, expanding the platform’s capabilities beyond social media features.
Musk has previously discussed plans to introduce payments and financial services as part of X’s broader development.
Since acquiring the platform in 2022, Musk has discussed expanding X to include a range of services such as messaging, media, and financial tools.
Elon Musk has shared his goal of transforming X into an “everything app.” During a previous podcast interview with members of the Tesla community, Musk mused about turning X into something similar to China’s WeChat, which allows users to shop, pay, communicate, and perform a variety of other tasks.
“In China, you do everything in WeChat… it’s kickass… Outside of China, there’s nothing like it, people live on one app. My idea would be like how about if we just copy WeChat,” Musk joked at the time.
To prepare for the rollout of X Money, X has partnered with payment company Visa to support the development of payment services for the platform’s users. The move could allow X to tap into the growing demand for digital and in-app financial transactions as the company builds additional services around its existing user base.






