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Electric vehicles will be allowed to drive at higher speed limits than gas cars, says Austrian government
A new initiative from the Austrian government is set to reward electric car owners with a unique incentive. On October 25, the Austrian ministerial cabinet announced that it would be adjusting the speed restrictions for electric vehicles traveling in the country’s IG-L-Hundred zone, which covers a total area of 440 kilometers (273 miles). With the updated rules in place, owners of Teslas and other electric vehicles will be allowed to travel up to 130 km/h (80 mph) on the highway, 30 km/h (20 mph) faster than their fossil fuel-powered counterparts.
Austrian Minister of Sustainability Elisabeth Köstinger noted that the speed limit exception for electric vehicles is part of the country’s initiative to encourage the adoption of sustainable transportation. Together with the adjusted speed limits, the Austrian government is also pushing to open bus lanes for zero-emissions cars, and promote free parking programs for electrified vehicles.
“The exception for electric vehicles in the IG-L-Hundred is an advantage that we want to give owners of e-vehicles to internal combustion engines,” Köstinger said.
While the specifics of the speed limit incentive are yet to be fully announced, the Austrian government’s wording on the program suggests that the exception would be tailor-fit for battery-powered vehicles like Tesla’s electric cars. Köstinger, for one, noted that the top speed advantage would be given to EV drivers over drivers in vehicles with internal combustion engines. With this statement in mind, it appears that hybrid vehicles such as the BMW i8, which are equipped with a internal combustion engines and electric motors, would not be awarded the same top speed incentive.
The country’s EV community would likely appreciate a speed limit incentive for electric cars, and if it proves effective in Austria, there is a good chance that the program would be adopted in other regions as well. Electric cars, after all, emit no emissions regardless of their speed, and with the advent of high-performance vehicles like the Tesla Model S, Model X, and Model 3, EVs are now more than capable of maintaining high speeds for long periods of time. With batteries getting cheaper and better, electric cars will soon be able to travel even farther than before as well. With this in mind, even simple perks like a higher speed limit would likely encourage even more drivers to join the growing electric car movement.
When Tesla started rolling out the original Roadster more than ten years ago, the small, two-door sports car broke the stereotype of electric vehicles being nothing more than glorified golf carts. Prior to the original Tesla Roadster, electric vehicles were seen mostly as novelty cars, with fancy technology but little performance to show for. A mainstream attempt at a battery-powered vehicle, GM’s EV1, was promising, but it was unceremoniously canceled and eventually forgotten amidst the advent of the large SUV.
Since the days of the original Tesla Roadster, the improvements in electric car technology have been palpable. With the Model S, X, and 3, Tesla was able to prove that battery-powered vehicles are not only a viable alternative to fossil fuel-powered cars — in some points, they are even better. With countries such as Austria and other nations like France and Britain adopting a strong zero-emissions stance, more and more well-rounded electric cars are coming to market. Tesla currently rules the premium EV segment, though its Model 3 is steadily approaching its highly-anticipated $35,000 mark. In the lower end of the market, entries in the electric car segments are getting more impressive as well, in the form of vehicles like the Hyundai Kona Electric, Kia Niro EV, and the current-gen Nissan Leaf.
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Elon Musk shed two new bits of detail on Starship following its 13th test launch, which was an overwhelming success.
SpaceX launched Starship for the 13th time last Friday after two delays: one on Monday when several Raptor engines did not ignite, and another on Thursday due to unfavorable weather conditions in Starbase, Texas.
The launch was overwhelmingly successful. SpaceX was able to complete a necessary test of the heat shield tiles by increasing the acceleration of Starship from launch throughout the flight; 20 Starlink v3 satellites were released with no issue; the Super Heavy Booster landed safely in the Gulf of America, Ship successfully reignited engines while in space; and it also splashed down without incident in the Indian Ocean.
SpaceX Starship just nailed something it’s never done before
Nevertheless, more details are coming out about Starship, and Musk is doing the talking.
Starship Will Be Retrieved in the Ocean
Musk revealed on Tuesday night that Starship would be recovered by a ship in the Indian Ocean. SpaceX routinely tries to recover Starship after splashdown in an effort to find out more about the flight by examining the spacecraft afterward.
We’re sending a ship out to recover Starship https://t.co/fUqUZTITO9
— Elon Musk (@elonmusk) July 28, 2026
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This helps engineers find out more about why things might have happened, allows them to examine any potential damage or anomalies that might have occurred, and increases the chances of an even more successful flight next time thanks to the additional information recovered.
Ship Could Have Been Caught by Tower Arms, Musk claims
Musk has already indicated that SpaceX will plan to attempt a catch of Starship with the 14th test flight. While this would be a major accomplishment, it would be an expected next step, considering the fact that the Super Heavy Booster has already been caught by the chopsticks on numerous occasions.
The ship landing was precise, meaning that it would have been caught by the tower arms https://t.co/6nbNrRfX9P
— Elon Musk (@elonmusk) July 29, 2026
A ship catch would be a great indication of where SpaceX stands in terms of reusability and launch cadence. A successful catch with relatively no incidents would be a good sign that SpaceX is nearing a more frequent launch of Starship, but also that the reusability of the massive rocket would be something many would expect in the near future.
It is a necessity to make life multiplanetary.
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Elon Musk has updated his timeline for when humans will walk on Mars and for when ships will simply get there.
The objective of getting to Mars has been one of Musk’s biggest goals since becoming a serial entrepreneur and realizing that time on Earth is limited. Musk has said several times he hopes to die on Mars, and not by impact.
Musk now believes that people will be on Mars in “roughly 5 to 7 years.” He said that a Mars lander will get there “a few years sooner.”
People on Mars in roughly 5 to 7 years.
Mars lander a few years sooner.
— Elon Musk (@elonmusk) July 29, 2026
The response from Musk comes after NASA Administrator Jared Isaacman said that SpaceX’s biggest priority is the Moon and not Mars. Because of this, Isaacman conceded that he believes nuclear power and propulsion investments will provide “potentially the pathway with the fewest miracles required to put four people on Mars in the next 10 to 15 years.”
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Of course, this is what NASA can do through taxpayer funding and nuclear investments, he added.
Musk’s grand ambitions are much more optimistic than most, and it is certainly a double-edged sword. This is not the first time timelines for Mars have been somewhat lofty, especially to those normal thinkers like you and me, not super geniuses like Musk.
In fact, the SpaceX and Tesla frontman has said on at least a dozen occasions that we could be on Mars in the coming years. Musk said 2020 would be the big year as early as 2009. In 2020, he was “highly confident” of a landing in 2026, and had even said 2024 in a best-case scenario.
The point is, the range has varied, and it’s anyone’s guess when we’ll get there. This latest adjustment to the timeline is typical of Musk, and while the Moon has seemingly taken priority over Mars, it is still worth mentioning that the ultimate goal is to make life multiplanetary, and it starts potentially with the Red Planet.
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.
Elon Musk sheds two new bits of detail on Starship after 13th test launch
Elon Musk updates the SpaceX timeline for Mars
