News
Volkswagen shares Elon Musk’s test drive of the VW ID.3: ‘It’s pretty good’
One of the more surprising elements in Elon Musk’s recent visit to Germany was his meeting with Volkswagen Group executive Herbert Diess, who hosted the Tesla CEO at the Braunschweig Airport. During their two-hour meeting, the two electric car advocates took a drive in the ID.3, Volkswagen’s first EV from its MEB platform. The news came as a pleasant surprise to the electric car community, many of whom were interested to see Elon Musk’s insights on the ID.3, a car that could rise alongside the Model 3 in the mainstream vehicle market.
Fortunately, a video of Elon Musk’s Volkswagen ID.3 test drive was recently shared by Herbert Diess in his LinkedIn profile. The short video, which was also posted by the Volkswagen Group’s official Twitter account, featured Musk and Diess engaging in friendly conversation while the former was test driving the ID.3. As it turned out, Musk seemed to be pretty optimistic about the vehicle, at one point stating that the ID.3’s steering was “pretty good” for a non-sporty electric car.
Quite amusingly, the recently-shared video included segments of Herbert Diess setting Musk’s expectations about the ID.3 by reminding the Tesla CEO that the hatchback was a mainstream car and “not a race machine.” Laughing in response, Musk lightly stated that he “just wanted to see what the acceleration is like.” Musk could later be seen seemingly flooring the ID.3 while jokingly asking Diess “What’s the worst that could happen?”
In the few segments of the test drive featured in the clip, it could be seen that Musk inquired about several aspects of the ID.3, such as its battery pack and its driver-assist features. Diess, for his part, stated that the ID.3 is equipped with German state-of-the-art lane-keeping and emergency assist systems. The clip ended with Elon Musk and Herbert Diess getting out of the ID.3, with the Tesla CEO seemingly looking over some details of the mainstream EV. The ID.4, an all-electric crossover, could be seen nearby as well.
Diess later commented in his post with some new details about Musk’s Volkswagen ID.3 test drive. According to the Volkswagen Group executive, Musk was a bit critical of the ID.3’s torque at higher speeds. Diess also told Musk that for a true sports car experience, the Tesla CEO should try out the Porsche Taycan, an all-electric high-performance EV that Musk has openly supported in the past.
“Thanks for the visit, Elon! Hope you like the video. It was great driving the ID.3 with you! You were just quite critical with the available torque at higher speed. I told you: ‘Yes, we are on the runway – but no need for takeoff – it’s not a sports car.’ For this, you should try our Porsche Taycan. Looking forward to our next meeting!” Diess wrote.
Elon Musk and Herbert Diess have openly supported each other’s endeavors in the past, with the Tesla CEO recently stating during an interview at Gigafactory Berlin that companies like Volkswagen are putting in a lot of real work to get EVs to the mainstream market. While responding to a rather critical report on the Volkswagen Group executive last year, Musk noted on Twitter that “Herbert Diess is doing more than any big carmaker to go electric. The good of the world should come first. For what it’s worth, he has my support.”
Diess, for his part, has also openly defended Musk. Last October alone, reporters suggested that while the Model 3 was successful, they still view Tesla as a “niche” carmaker capable of making low-volume cars but out of its league in the mass market segment. Diess promptly came to Tesla’s defense, stating that the American carmaker is not a “niche” company in any way. “Tesla is not niche. The Model 3 is a large-series model and they are one of the biggest manufacturers of electric-car batteries. We have a lot of respect for Tesla. It’s a competitor we take very seriously,” the Volkswagen Group executive said.
Elon Musk
Musk bankers looking to trim xAI debt after SpaceX merger: report
xAI has built up $18 billion in debt over the past few years, with some of this being attributed to the purchase of social media platform Twitter (now X) and the creation of the AI development company. A new financing deal would help trim some of the financial burden that is currently present ahead of the plan to take SpaceX public sometime this year.
Elon Musk’s bankers are looking to trim the debt that xAI has taken on over the past few years, following the company’s merger with SpaceX, a new report from Bloomberg says.
xAI has built up $18 billion in debt over the past few years, with some of this being attributed to the purchase of social media platform Twitter (now X) and the creation of the AI development company. Bankers are trying to create some kind of financing plan that would trim “some of the heavy interest costs” that come with the debt.
The financing deal would help trim some of the financial burden that is currently present ahead of the plan to take SpaceX public sometime this year. Musk has essentially confirmed that SpaceX would be heading toward an IPO last month.
The report indicates that Morgan Stanley is expected to take the leading role in any financing plan, citing people familiar with the matter. Morgan Stanley, along with Goldman Sachs, Bank of America, and JPMorgan Chase & Co., are all expected to be in the lineup of banks leading SpaceX’s potential IPO.
Since Musk acquired X, he has also had what Bloomberg says is a “mixed track record with debt markets.” Since purchasing X a few years ago with a $12.5 billion financing package, X pays “tens of millions in interest payments every month.”
That debt is held by Bank of America, Barclays, Mitsubishi, UFJ Financial, BNP Paribas SA, Mizuho, and Société Générale SA.
X merged with xAI last March, which brought the valuation to $45 billion, including the debt.
SpaceX announced the merger with xAI earlier this month, a major move in Musk’s plan to alleviate Earth of necessary data centers and replace them with orbital options that will be lower cost:
“In the long term, space-based AI is obviously the only way to scale. To harness even a millionth of our Sun’s energy would require over a million times more energy than our civilization currently uses! The only logical solution, therefore, is to transport these resource-intensive efforts to a location with vast power and space. I mean, space is called “space” for a reason.”
The merger has many advantages, but one of the most crucial is that it positions the now-merged companies to fund broader goals, fueled by revenue from the Starlink expansion, potential IPO, and AI-driven applications that could accelerate the development of lunar bases.
News
Tesla pushes Full Self-Driving outright purchasing option back in one market
Tesla announced last month that it would eliminate the ability to purchase the Full Self-Driving software outright, instead opting for a subscription-only program, which will require users to pay monthly.
Tesla has pushed the opportunity to purchase the Full Self-Driving suite outright in one market: Australia.
The date remains February 14 in North America, but Tesla has pushed the date back to March 31, 2026, in Australia.
NEWS: Tesla is ending the option to buy FSD as a one-time outright purchase in Australia on March 31, 2026.
It still ends on Feb 14th in North America. https://t.co/qZBOztExVT pic.twitter.com/wmKRZPTf3r
— Sawyer Merritt (@SawyerMerritt) February 13, 2026
Tesla announced last month that it would eliminate the ability to purchase the Full Self-Driving software outright, instead opting for a subscription-only program, which will require users to pay monthly.
If you have already purchased the suite outright, you will not be required to subscribe once again, but once the outright purchase option is gone, drivers will be required to pay the monthly fee.
The reason for the adjustment is likely due to the short period of time the Full Self-Driving suite has been available in the country. In North America, it has been available for years.
Tesla hits major milestone with Full Self-Driving subscriptions
However, Tesla just launched it just last year in Australia.
Full Self-Driving is currently available in seven countries: the United States, Canada, China, Mexico, Australia, New Zealand, and South Korea.
The company has worked extensively for the past few years to launch the suite in Europe. It has not made it quite yet, but Tesla hopes to get it launched by the end of this year.
In North America, Tesla is only giving customers one more day to buy the suite outright before they will be committed to the subscription-based option for good.
The price is expected to go up as the capabilities improve, but there are no indications as to when Tesla will be doing that, nor what type of offering it plans to roll out for owners.
Elon Musk
Starlink terminals smuggled into Iran amid protest crackdown: report
Roughly 6,000 units were delivered following January’s unrest.
The United States quietly moved thousands of Starlink terminals into Iran after authorities imposed internet shutdowns as part of its crackdown on protests, as per information shared by U.S. officials to The Wall Street Journal.
Roughly 6,000 units were delivered following January’s unrest, marking the first known instance of Washington directly supplying the satellite systems inside the country.
Iran’s government significantly restricted online access as demonstrations spread across the country earlier this year. In response, the U.S. purchased nearly 7,000 Starlink terminals in recent months, with most acquisitions occurring in January. Officials stated that funding was reallocated from other internet access initiatives to support the satellite deployment.
President Donald Trump was aware of the effort, though it remains unclear whether he personally authorized it. The White House has not issued a comment about the matter publicly.
Possession of a Starlink terminal is illegal under Iranian law and can result in significant prison time. Despite this, the WSJ estimated that tens of thousands of residents still rely on the satellite service to bypass state controls. Authorities have reportedly conducted inspections of private homes and rooftops to locate unauthorized equipment.
Earlier this year, Trump and Elon Musk discussed maintaining Starlink access for Iranians during the unrest. Tehran has repeatedly accused Washington of encouraging dissent, though U.S. officials have mostly denied the allegations.
The decision to prioritize Starlink sparked internal debate within U.S. agencies. Some officials argued that shifting resources away from Virtual Private Networks (VPNs) could weaken broader internet access efforts. VPNs had previously played a major role in keeping Iranians connected during earlier protest waves, though VPNs are not effective when the actual internet gets cut.
According to State Department figures, about 30 million Iranians used U.S.-funded VPN services during demonstrations in 2022. During a near-total blackout in June 2025, roughly one-fifth of users were still able to access limited connectivity through VPN tools.
Critics have argued that satellite access without VPN protection may expose users to geolocation risks. After funds were redirected to acquire Starlink equipment, support reportedly lapsed for two of five VPN providers operating in Iran.
A State Department official has stated that the U.S. continues to back multiple technologies, including VPNs alongside Starlink, to sustain people’s internet access amidst the government’s shutdowns.
Musk bankers looking to trim xAI debt after SpaceX merger: report
SpaceX launches Crew-12 on Falcon 9, lands first booster at new LZ-40 pad
