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Tesla listed as carmaker with highest proportion of speeding drivers in NL

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Driving a premium, all-electric car is a lot of fun. The instant torque, the quick acceleration, and the spaceship-like silence as one steps on the accelerator is something that simply could not be replicated in a car equipped with an internal combustion engine. While fun, though, these factors could also result in drivers not being aware that they are already driving past the speed limit.

In the Netherlands, this appears to be the case. According to new figures from CBS, NL’s national statistics office, 75% of the country’s 9,000 Tesla drivers have picked up a speeding ticket last year. That’s the highest proportion of speeding drivers from any car brand. Just below Tesla drivers are owners of plug-in hybrid cars, with 2/3 of PHEV owners being fined at least once for speeding.

In contrast, only 27% of petrol-powered car owners, and 46% of diesel car drivers have been given speeding tickets during the year. The CBS did not provide an explanation for the figures, though the agency did note that the different driving experience between electric cars and fossil fuel-powered vehicles are probably a factor.

With fossil fuel-powered vehicles, for example, it is quite easy to get a feel for the car’s speed by listening to the way the engine is operating. These sounds are entirely absent in electric vehicles; thus, it becomes easy for motorists to be utterly unaware that they are already moving too fast.

EV or not, though, it should be noted that driving too fast carries a lot of risks, especially in areas where there are a lot of vehicles present. As such, it is always the responsibility of drivers to make sure that they are driving within the speed limit. That said, it is a bit ironic to see Tesla owners as some of the most prominent groups of drivers who are prone to getting speeding tickets.

Part of this is due to the capability of the cars themselves. Electric vehicles, after all, are no longer slow and unwieldy. With the advent of the Tesla Roadster more than ten years ago to the emergence of the disruptive Model 3, electric cars are beginning to become vehicles that are superior to gas-powered automobiles in terms of power and and raw acceleration. The consistent performance of Tesla’s electric cars on the drag strip is a prime example of this.

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If any, some countries are now starting to roll out regulations that favor electric cars. Last October, for one, the Austrian ministerial cabinet announced that it will be adjusting the speed restrictions for EVs traveling in Austria’s IG-L-Hundred zone, which covers a total area of 440 kilometers (273 miles). With the new rules in effect, 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.

The Austrian government did not list the specifics of its initiative then, though statements from Minister of Sustainability Elisabeth Köstinger seemed to suggest that the top speed adjustments will only be given to all-electric vehicles like Tesla’s Model S and X, not hybrids like the BMW i8. 

Simon is an experienced automotive reporter with a passion for electric cars and clean energy. Fascinated by the world envisioned by Elon Musk, he hopes to make it to Mars (at least as a tourist) someday. For stories or tips--or even to just say a simple hello--send a message to his email, simon@teslarati.com or his handle on X, @ResidentSponge.

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Elon Musk

Elon Musk updates the SpaceX timeline for Mars

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Rendering of a colonized Mars by way of SpaceX
Rendering of a colonized Mars by way of SpaceX

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.”

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.

SpaceX Board has set a Mars bonus for Elon 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.

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Investor's Corner

SpaceX gets an absolutely crazy price target after rough IPO

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Credit: SpaceX

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.

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Elon Musk

Elon Musk responds to Volvo’s latest LiDAR decision

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(Credit: Tesla)

Tesla CEO Elon Musk has responded to reports that Volvo is officially discontinuing the LiDAR sensor on two of its cars.

Volvo announced that it would officially scrap LiDAR systems on its EX90 and ES90 vehicles in various markets. In Norway, owners will get a €1,800 compensation for features that will never arrive due to this decision. There will be no option to remove the unit from vehicles, either.

The issue stems from Volvo’s supplier, Luminar, and its bankruptcy filing. Luminar will no longer be able to supply LiDAR units to Volvo for the EX90 and ES90, effectively axing any use the unit has on vehicles. Volvo will phase out the data collection processes via the LiDAR system, and it will not be utilized whatsoever.

Musk saw the story on X and responded, stating:

“I did try to warn them. Humans drive using neural nets and optical sensors. Same is true for robot cars.”

Musk has been publicly vocal about his disdain for LiDAR systems, once calling them “a fool’s errand,” as he has consistently kept the outlook that they are not needed for effective self-driving.

The typical example used as evidence for this by Musk is humans themselves: made with only eyes and memories, humans are capable of navigating a car by using what they can see and what they’ve personally experienced on the road.

Elon Musk argues lidar and radar make self driving cars more dangerous

“Same is true for robot cars,” Musk says, as Teslas have eight exterior cameras that help see everything surrounding the vehicle, and a neural network that analyzes behavior and tendencies with every mile driven.

Tesla is a vision-only self-driving company that ditched sensors and radar several years ago in favor of cameras. Behind this effort, the company has established a reputation for having one of the most robust self-driving platforms in the world.

Musk’s big bet with Tesla on its self-driving program’s strategy has widely paid off. Other companies continue to utilize things like LiDAR, radar, and sensors for effective self-driving, but Tesla has shown that there is more than one way to give consumers a strong and accurate driver assistance suite.

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The real question is: who will be the first company to take Musk’s advice and attempt a self-driving platform based on cameras only, or even license FSD for themselves?

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