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Autoblog test drives $1.2M Rimac Concept_One in the mountains of Spain

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What do you do when you get your hands on arguably the fastest and most gizmo-laden electric hypercar in the world? You took it on an extended test drive through the mountains of Spain. That’s what you do.

Autoblog Translogic recently chased down that opportunity and took the $1.2 million Rimac Concept_One on a run through the paces in Spain.

The Croatian company that builds exotic cars with all electric powertrains started from humble beginnings. Founder Mate Rimac founded the company after being inspired as a young child by stories of Croatian-born Nikola Tesla – inventor of the first AC electric motor.

Rolling together his passion for cars, high tech electronics and electric motors really struck a chord with him. And it was that passion that spawned Rimac Automobili.

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Rimac’s Concept_One hypercar produces a combined 1,088 horsepower courtesy of four electric motors that push power through a two speed gearbox. The end result is nothing short of being a Bugatti killer.

Autoblog unpacked loads of insightful specs for the Rimac Concept_One. Check out the heavyweight spec sheet for the electric hypercar.

  • Curb Weight: 4080 lbs | 1850kgs
  • Range: 210 miles | 330 km
  • 0-60 time: 2.8 seconds
  • Top Speed: 190 mph | 305 km/hr
  • Power: 1088 hp | 811kW
  • Torque: 1200 ft/lbs | 1600 N m
  • Motors: 4 all electric motors
  • Charge time: Level 1 – 4hrs, Level 2 – 1hr
  • Battery: 82kWh Lithium Iron Phosphate (LiFePo4)
  • Price: $1.2 million
  • Only 6 Rimac Concept_Ones in the world
  • Only 8 Rimac Concept_Ones will ever be made

On the inside, the Concept_One packs an impressive amount of technology into the car, especially considering that it’s basically coming from a startup that’s only been an actual car company for 7 years. The entire infotainment experience was built in house by Rimac Automobili – both the hardware and the software.

Using torque vectoring, power can be shifted between front and rear wheels, allowing the car to go from a front wheel drive car to a rear wheel or even all wheel drive car with just a few touches of the screen. Similarly, the strength of regenerative braking can be dialed up or down as long as it’s a numerical value between 0 to 100.

Watch as Autoblog takes the Concept_One on a journey through the twisty mountain roads in Spain.

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I'm passionate about clean technology, sustainability and life. I've worked in manufacturing, IT, project management and environmental...and enjoy unpacking complex topics in layman's terms. TSLA investor. Find more of my words on my website or follow me on Twitter for all the latest. Tesla Referral link: http://ts.la/kyle623

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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.

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Credit: Grace Tao/Weibo

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.

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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.

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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. 

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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.

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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.

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Tesla has not yet announced pricing or official range figures for the Model Y L in Australia.

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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.

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Credit: UK Government, CC BY 2.0 , via Wikimedia Commons

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.

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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.

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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.

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