News
Tesla ‘fighter’ Audi e-tron receives glowing first drive review from Consumer Reports
The Audi-e-tron, once dubbed by news outlets as a potential “Tesla Killer” or “Tesla Fighter” recently received its first impressions review from Consumer Reports. Reviewers from the organization proved impressed with the all-electric SUV, noting that the vehicle “takes charge among new EVs.”
Consumer Reports‘ reviewers were particularly impressed with the Audi e-tron’s luxurious amenities such as its high-quality interior and its quietness at highway speeds. This is quite notable, as cabin noise was a point of improvement given to the Tesla Model 3 during the electric sedan’s first impressions review back in February 2018.
The organization also praised the e-tron’s two-screen interface, particularly the SUV’s dedicated screen for its climate system. The displays’ haptic feedback, which simulates the feeling of pressing a physical button, also got the approval of CR‘s reviewers. Nevertheless, reviewers did point out that some of the technology in the e-tron was “needlessly complicated,” as shown in its gear selector, which was not intuitive at all.

Quite interestingly, the e-tron’s rather leisurely acceleration, which was less aggressive than other electric cars such as the Model 3, was dubbed as “appropriate” considering the SUV’s luxury segment. “Unlike some other EVs we’ve recently tested, the E-Tron doesn’t lunge off from a stop; it has a more leisurely rollout. That’s appropriate for a luxury vehicle… On the plus side, there is no spinning of wheels that we have experienced in some other EVs… Once the E-Tron is moving, drivers get smooth and effortless power on demand, at any speed,” Consumer Reports noted.
Considering that the organization has only conducted an initial review of the vehicle, the e-tron’s fast-charging capabilities were not tested. Nevertheless, the organization was optimistic about the vehicle overall, stating that the e-tron has an “air of maturity that exudes quality, and it’s likely because it comes from an established luxury automaker.” Until more tests are conducted, at least, it appears that CR perceives the Audi e-tron as a strong competitor in the growing premium EV segment.
While it is understandable for the organization to not include more details about the e-tron, it is quite interesting to see no mention of the challenges that Audi has and is reportedly facing in bringing the vehicle to market. Currently, reports from reservation holders in Norway have indicated that e-tron deliveries are still delayed, and all units that have been sold so far are presently being recalled due to a fire risk. These details were missing in Consumer Reports‘ initial review.

It should be noted that unlike the e-tron, Consumer Reports‘ first impressions review of the Model 3 included notable sections on the vehicle’s points for improvement, particularly in terms of references to Tesla’s then-ongoing production issues. “Hype has surrounded this car since Tesla CEO Elon Musk first announced it about two years ago, with hundreds of thousands of shoppers placing $1,000 deposits within days. But many of those prospective buyers have had their patience tried, since the Model 3 rollout has been plagued by Tesla’s production headaches and delays,” the organization wrote in its first impressions review last year.
Tesla and Consumer Reports have had a mixed relationship over the years. Take the Model 3, for instance. The organization initially opted to not give the vehicle a “Recommended” rating due to its braking distance, but after Tesla rolled out a software update to address the issue, CR updated its score for the electric car. This February, the organization changed its tone once more, removing the Model 3’s “Recommended” rating after it aggregated reports from owners that listed complaints about issues such as fit and finish. Tesla, for its part, noted that it had already addressed the customer complaints that were aggregated by the organization.
Elon Musk
Elon Musk’s net worth is nearing $800 billion, and it’s no small part due to xAI
A newly confirmed $20 billion xAI funding round valued the business at $250 billion, adding an estimated $62 billion to Musk’s fortune.
Elon Musk moved within reach of an unprecedented $800 billion net worth after private investors sharply increased the valuation of xAI Holdings, his artificial intelligence and social media company.
A newly confirmed $20 billion funding round valued the business at $250 billion, adding an estimated $62 billion to Musk’s fortune and widening his lead as the world’s wealthiest individual.
xAI’s valuation jump
Forbes confirmed that xAI Holdings was valued at $250 billion following its $20 billion funding round. That’s more than double the $113 billion valuation Musk cited when he merged his AI startup xAI with social media platform X last year. Musk owned roughly 49% of the combined company, which Forbes estimated was worth about $122 billion after the deal closed.
xAI’s recent valuation increase pushed Musk’s total net worth to approximately $780 billion, as per Forbes’ Real-Time Billionaires List. The jump represented one of the single largest wealth gains ever recorded in a private funding round.
Interestingly enough, xAI’s funding round also boosted the AI startup’s other billionaire investors. Saudi investor Prince Alwaleed Bin Talal Alsaud held an estimated 1.6% stake in xAI worth about $4 billion, so the recent funding round boosted his net worth to $19.4 billion. Twitter co-founder Jack Dorsey and Oracle co-founder Larry Ellison each owned roughly 0.8% stakes that are now valued at about $2.1 billion, increasing their net worths to $6 billion and $241 billion, respectively.
The backbone of Musk’s net worth
Despite xAI’s rapid rise, Musk’s net worth is still primarily anchored by SpaceX and Tesla. SpaceX represents Musk’s single most valuable asset, with his 42% stake in the private space company estimated at roughly $336 billion.
Tesla ranks second among Musk’s holdings, as he owns about 12% of the EV maker’s common stock, which is worth approximately $307 billion.
Over the past year, Musk crossed a series of historic milestones, becoming the first person ever worth $500 billion, $600 billion, and $700 billion. He also widened his lead over the world’s second-richest individual, Larry Page, by more than $500 billion.
News
Tesla Cybercab sighting confirms one highly requested feature
The feature will likely allow the Cybercab to continue operating even in conditions when its cameras could be covered with dust, mud, or road grime.
A recent sighting of Tesla’s Cybercab prototype in Chicago appears to confirm a long-requested feature for the autonomous two-seater.
The feature will likely allow the Cybercab to continue operating even in conditions when its cameras could be covered with dust, mud, or road grime.
The Cybercab’s camera washer
The Cybercab prototype in question was sighted in Chicago, and its image was shared widely on social media. While the autonomous two-seater itself was visibly dirty, its rear camera area stood out as noticeably cleaner than the rest of the car. Traces of water were also visible on the trunk. This suggested that the Cybercab is equipped with a rear camera washer.
As noted by Model Y owner and industry watcher Sawyer Merritt, a rear camera washer is a feature many Tesla owners have requested for years, particularly in snowy or wet regions where camera obstruction can affect visibility and the performance of systems like Full Self-Driving (FSD).
While only the rear camera washer was clearly visible, the sighting raises the possibility that Tesla may equip the Cybercab’s other external cameras with similar cleaning systems. Given the vehicle’s fully autonomous design, redundant visibility safeguards would be a logical inclusion.
The Cybercab in Tesla’s autonomous world
The Cybercab is Tesla’s first purpose-built autonomous ride-hailing vehicle, and it is expected to enter production later this year. The vehicle was unveiled in October 2024 at the “We, Robot” event in Los Angeles, and it is expected to be a major growth driver for Tesla as it continues its transition toward an AI- and robotics-focused company. The Cybercab will not include a steering wheel or pedals and is intended to carry one or two passengers per trip, a decision Tesla says reflects real-world ride-hailing usage data.
The Cybercab is also expected to feature in-vehicle entertainment through its center touchscreen, wireless charging, and other rider-focused amenities. Musk has also hinted that the vehicle includes far more innovation than is immediately apparent, stating on X that “there is so much to this car that is not obvious on the surface.”
News
Tesla seen as early winner as Canada reopens door to China-made EVs
Tesla had already prepared for Chinese exports to Canada in 2023 by equipping its Shanghai Gigafactory to produce a Canada-specific version of the Model Y.
Tesla seems poised to be an early beneficiary of Canada’s decision to reopen imports of Chinese-made electric vehicles, following the removal of a 100% tariff that halted shipments last year.
Thanks to Giga Shanghai’s capability to produce Canadian-spec vehicles, it might only be a matter of time before Tesla is able to export vehicles to Canada from China once more.
Under the new U.S.–Canada trade agreement, Canada will allow up to 49,000 vehicles per year to be imported from China at a 6.1% tariff, with the quota potentially rising to 70,000 units within five years, according to Prime Minister Mark Carney.
Half of the initial quota is reserved for vehicles priced under CAD 35,000, a threshold above current Tesla models, though the electric vehicle maker could still benefit from the rule change, as noted in a Reuters report.
Tesla had already prepared for Chinese exports to Canada in 2023 by equipping its Shanghai Gigafactory to produce a Canada-specific version of the Model Y. That year, Tesla began shipping vehicles from Shanghai to Canada, contributing to a sharp 460% year-over-year increase in China-built vehicle imports through Vancouver.
When Ottawa imposed a 100% tariff in 2024, however, Tesla halted those shipments and shifted Canadian supply to its U.S. and Berlin factories. With tariffs now reduced, Tesla could quickly resume China-to-Canada exports.
Beyond manufacturing flexibility, Tesla could also benefit from its established retail presence in Canada. The automaker operates 39 stores across Canada, while Chinese brands like BYD and Nio have yet to enter the Canadian market directly. Tesla’s relatively small lineup, which is comprised of four core models plus the Cybertruck, allows it to move faster on marketing and logistics than competitors with broader portfolios.