News
Tesla destroys German critic’s electric car prejudice after Model 3 test drive
German automotive veteran Nando Sommerfeldt has not had good experiences with electric cars. At one time, the electric vehicles he was testing ended up running out of charge, making him stranded in the middle of a trip. Other vehicles proved too slow to charge, testing his family’s patience. Sommerfeldt has reservations about electric cars, even a prejudice, if you may, but it only lasted until he drove a Tesla Model 3.
The Silicon Valley-based electric car maker sent a bold message to the auto veteran, offering to change his mind about electric cars. “We would like to convince you otherwise. Our impression is that you simply have not tested the ‘right electric cars’ yet,” Tesla wrote. That’s a bold statement, and Sommerfeldt opted to take the offer. Tesla provided the EV critic with a Model 3 Performance, one of its latest vehicles that currently sells for 69,000 euros in Germany.
Being “spoiled” by vehicles from premium manufacturers such as Mercedes-Benz and BMW, Sommerfeldt was largely unimpressed with the build quality of the Model 3. In his review, which was published at German publication Welt.de, Sommerfeldt complained about the panel gaps in the car, and he argued that while the white seats of the Model 3 were good, they do not compare favorably to the seats of the Audi e-tron. “The workmanship of body, interior, actually everything, is not up to premium standards,” he wrote. Nevertheless, with his evaluation of the vehicle’s build quality out of the way, the EV critic started driving the electric sedan.

It took 50 kilometers (31 miles) before his prejudices against electric cars started to fade. Even with the electric revolution underway today, there is still a persistent belief that EVs don’t drive as well as the best gas-powered vehicles on the market. “What nonsense. The Model 3 drives terrific,” Sommerfeldt declared. German industry expert Ferdinand Dudenhöffer from Center Automotive Research (CAR) highlighted Sommerfeldt’s observations. “The car is much better than all models of electric competition. The technical lead is easily four to five years. Range and driving pleasure are unmatched,” he said.
Elaborating on his experience, Sommerfeldt noted that the Model 3 feels like a sports car, an “extremely fast sports car.” This is quite notable considering that the vehicle is a family car at its core. But it’s not just the vehicle’s driving dynamics that impressed the EV critic. In terms of bleeding-edge technology inside the car, the Model 3 does not disappoint either. Industry expert Stefan Bratzel of the Center of Automotive Management (CAM) noted that the migration of car buyers from traditional vehicles to electric cars like Tesla is due to veterans being unable to offer similar innovations. “The future is offered here (at Tesla), which the Germans have not been able to do so far,” Bratzel said.

Beyond the excellent driving dynamics and the technology in the Model 3, perhaps what really removed the EV critic’s prejudice against electric cars was Tesla’s Supercharger Network. During his time with the vehicle, Sommerfeldt took his family out on a road trip once more, and this time around, they did not have to wait for hours on end for their vehicle to charge. Using one of Tesla’s Superchargers, Sommerfeldt and his family opted for a quick coffee and ice cream break, and by the time they returned to the Model 3, it had already gained 300 km (186 miles) of additional range. Sommerfeldt found the Supercharger Network’s design well-placed for long trips, and the Tesla community as a whole pleasant to interact with.
Dudenhöffer noted that among electric car makers, Tesla is the one that really thought about the big picture when they released their vehicles. Teslas, while not capable of charging at speeds similar to a gas-powered car yet, can charge at their owner’s homes (allowing drivers to leave with a “full tank” every day), and the company has backups in place if the Supercharger Network is unevailable. “Right from the beginning, the company had a clear plan of where its customers’ traffic flows. The Tesla owner can also refuel at all the other pillars of this country. But first of all, it would probably be too slow for him. And second, he does not need them,” he said. This is a particularly notable point for Sommerfeldt, as he admits to having deep range anxiety issues due to his past experiences with EVs. These issues, he found, were nonexistent with the Model 3.
With range anxiety gone thanks to the Supercharger Network and its contingencies, Sommerfeldt noted that Tesla drivers could trust their vehicles once more. And that, for Germany’s car buying public, at least, is a very big deal. “This Tesla destroys all my prejudices against the electric car,” he wrote.
Elon Musk
SpaceX (SPCX) IPO is live today at $135: Here’s exactly what you need to know
SpaceX priced its historic IPO at $135 per share today, raising a record $75 billion.
SpaceX officially priced its initial public offering at $135 per share, offering 555,555,555 shares of Class A common stock and raising $75 billion in what is the largest IPO in stock market history. Shares are set to begin trading on the Nasdaq Global Select Market on Friday, June 12, under the ticker symbol SPCX. The previous record holder was Saudi Aramco’s 2019 offering at $29 billion, followed by Alibaba’s $22 billion offering in 2014.
At $135 per share and roughly 555.6 million shares, the implied valuation sits near $1.75 trillion, which would make SpaceX roughly the seventh largest company in the United States, just above Tesla’s current market cap. Regular investors can request shares at the IPO price through Robinhood, Fidelity, Charles Schwab, SoFi, and E*TRADE, though the deal is heavily oversubscribed and most retail allocations will be partial or unfilled. Once trading opens June 12, anyone with a brokerage account can buy SPCX on the open market.
SpaceX’s amended S-1 is sparking a major Tesla merger conversation
The valuation is anchored primarily by Starlink. Starlink crossed 10 million subscribers as of February 2026 and is adding 750,000 to 1.5 million new users per month, with the connectivity segment already posting a $1.19 billion profit last quarter. The offering also bundles in xAI following SpaceX’s all-stock merger earlier this year, adding Grok and the Colossus supercomputer to the investment thesis. As Teslarati reported, Starlink ended 2025 with $10 billion in revenue, a figure analysts project could reach $24 billion by end of 2026.
Wedbush analyst Dan Ives has been vocal in his support. “I think the time is right,” Ives said, adding that the offering expands the Elon Musk ecosystem rather than competing with Tesla. An average 12-month price target of $165 per share represents roughly 22% upside from the IPO price. Not everyone agrees – Motley Fool noted xAI is spending $1 billion per month playing catch-up to OpenAI and Anthropic.
Musk founded SpaceX in 2002 with a single stated purpose. “Elon founded SpaceX with a goal to change humanity, to make us a multi-planet species,” CFO Bret Johnsen said in the company’s retail roadshow video this week. Musk himself has been more direct: “We are building the systems and technologies necessary to provide global connectivity on Earth and beyond, to understand the true nature of the universe, and to extend the light of consciousness to the stars.”
Investor's Corner
Tesla unfolded its first European “folding Supercharger”
Tesla’s folding Supercharger just arrived in Europe and it changes how fast charging expands.
Tesla’s Folding Unit Supercharger has officially landed in Europe, with the company teasing a new installation in its effort for a broader rollout targeting major motorway rest stops across the European continent in Q3 2026. The arrival marks a notable shift in how Tesla is thinking about network expansion, moving from hardware performance alone to engineering the logistics chain itself.
While Tesla did not reveal the exact location for the new folding Supercharger in Europe, the photo shared on X heavily suggests that this maybe somewhere in Norway. Historically, whenever Tesla rolls out an entirely new infrastructure architecture in Europe, whether it was the original Supercharger stalls years ago or these brand-new modular V4 “Folding Units”, Norway is almost always the designated launch pad because of its unmatched EV adoption rate and supportive infrastructure
The Folding Unit, introduced in March 2026, is a factory pre-assembled V4 charging station built on an industrial hinge system mounted to a heavy-duty concrete base. The entire assembly arrives on site ready to unfold and connect. Tesla confirmed the units feature telescopic light poles specifically designed for easy transportation and fast on-site deployment, a detail that signals how carefully the logistics chain has been engineered alongside the hardware itself. The design allows 33% more stalls per delivery truck, cuts installation time roughly in half, and reduces overall deployment costs by more than 20% compared to traditional installations.
Tesla’s newest “Folding V4 Superchargers” are key to its most aggressive expansion yet
Tesla also noted telescopic light poles which provide benefits over traditional Supercharger installations that require fixed-height poles that are awkward to ship, slow to position on site, and often require separate crews and equipment to erect before charging hardware can even be staged. By engineering poles that compress for transit and extend on arrival, Tesla has removed one of the quieter bottlenecks in the physical deployment process. Every hour saved on a light pole installation is an hour redirected toward getting stalls energized. At scale, across dozens of new sites per quarter, those hours add up to a meaningful acceleration in how quickly a location goes from approved permit to serving its first customer.
Each Folding Unit pairs a single V4 power cabinet with eight charging posts. The V4 cabinet delivers up to 500 kW per stall for passenger vehicles and up to 1.2 MW for the Tesla Semi, supporting twice the stalls per cabinet at three times the power density of its predecessor. Longer cables make every new station immediately usable by non-Tesla vehicles, a priority as Tesla continues opening its network to Ford, GM, Rivian, Hyundai, Stellantis, and others.
As Teslarati reported when the Folding Unit was first unveiled, Tesla’s Gigafactory New York produced its final V3 Supercharger cabinet in March 2026 after more than seven years and 15,000 units, completing a full pivot to V4 production. The European arrival of the folding design is the next chapter in that transition.
Faster and cheaper deployment means Tesla can justify building in markets and corridors that were previously too expensive to serve, filling the coverage gaps that have slowed EV adoption outside major urban centers.
First Folding Unit Superchargers in Europe 🇪🇺 https://t.co/KNfYWJukkL pic.twitter.com/YR1udIpH1i
— Tesla Charging (@TeslaCharging) June 10, 2026
News
Tesla stuns with another FSD approval in Europe, its second in two days
Tesla has stunned by gaining yet another approval for its Full Self-Driving suite in Europe, its second in two days and its fifth overall.
Belgium will be the latest country to allow Tesla owners to utilize FSD on public roads in Europe, joining a quickly growing list that started with the Netherlands, Lithuania, and Estonia.
On Tuesday, Denmark announced its approval of the FSD suite, which has now been followed by Belgium just one day later.
The country’s Minister of Mobility, Annick De Ridder, announced the approval on her X account, stating that she had just signed the approval of Tesla FSD. It now goes to the country’s homologation department for the last step of the approval process.
De @Tesla community houdt hier al geruime tijd de vinger aan de pols over de toelating voor de FSD-technologie op onze Vlaamse en Belgische wegen.
Uit waardering voor jullie niet-aflatende interesse (en aanmoediging 😉), krijgen jullie hierbij de primeur: ik heb net de toelating… pic.twitter.com/Yrps4OHTj8— Annick De Ridder (@AnnickDeRidder) June 10, 2026
The Belgian approval is one of mighty importance because it truly shows how quickly countries in Europe could greenlight the FSD suite consecutively. Approvals are already coming in relatively quickly, which is a great sign.
Perhaps the next big development that could come from FSD approvals in Europe is an approval from a country like England, Italy, France, Spain, or Germany. It would be something to see how FSD would perform in a major European metro, such as London, Barcelona, Madrid, Paris, Rome, or Berlin.
Getting Full Self-Driving in Spain and England will be such huge milestones for Tesla. I am so excited to see how FSD performs in Madrid, Barcelona, and London, specifically.
The ultimate test will always be Mumbai or New Delhi. Excited for India’s eventual approval! https://t.co/paw9Ch1qmL pic.twitter.com/9RdDERVSSJ
— TESLARATI (@Teslarati) June 9, 2026
Full Self-Driving does an excellent job of roaming around major U.S. cities like New York and Los Angeles, but other high-profile international cities of significance would truly mark a line in the sand for Tesla, which can simply enable any vehicle in its customer-owned fleet to run FSD with the correct approvals.