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Tesla Model 3 wins Detroit News’ 2018 Car of the Year award: ‘It is Apple on wheels’
It appears that Elon Musk was right to bet the future of Tesla on the Model 3. Since the electric car started getting delivered to its long list of reservation holders, the vehicle has won the hearts of EV enthusiasts and old-school gearheads alike. A member of the latter group is Henry Payne of The Detroit News, who previously noted in an appearance at Autoline TV that he purchased a Long Range RWD Model 3 simply because there is no other vehicle like it on the road.
Payne is a true-blooded car enthusiast. Apart from being a 30-year veteran of the news industry, Payne is also an avid racecar driver and a professional automotive critic. He is also the farthest from being a stereotypical EV buyer, openly admitting that he’s not a “greenie” and that he is not a global warming believer. That said, if there is one thing that Payne knows, it is cars — how they work, and how good they are.
As it turns out, Tesla’s midsize sedan ended up impressing the automotive veteran. So impressed was Payne with his Tesla Model 3 that in a recent column, he actually selected the electric sedan as The Detroit News‘ 2018 Car of the Year. That’s right. An electric car — a rather tame version of the vehicle at that — convinced a lifelong gearhead that it was arguably the best vehicle available in the United States this year.
Payne noted that Tesla made history in 2018, becoming the first viable startup automaker he encountered in his lifetime. Elaborating on the Model 3, Payne noted that the vehicle has remained competitive in the auto industry despite being a sedan in a market that loves larger vehicles like SUVs. The automotive veteran further pointed out that Tesla was able to achieve all of this despite the constant barrage of skepticism from the company’s critics, Elon Musk’s Twitter missteps, and the company’s manufacturing errors such as over-automating the Model 3 line.
Ultimately, though, Payne stated that the Model 3 is exceptional simply because it reimagines what a car could be like. And it was able to do so without compromising on performance.
“The $55,000 Model 3 succeeds because it is Apple on wheels. Musk re-imagined the car like Steve Jobs re-thought the phone — as a study in design minimalism that is both gorgeous and more efficient than established platforms. Privately, other automaker execs tell me they admire Tesla for innovations that are pushing the industry forward: over-the-air updates, better connectivity, better user interfaces.”
“As different as the Tesla’s operating system is, it sacrifices little in performance to segment athletes like BMW and Alfa. Despite its inherent weight disadvantage, the porky 80.5-kWh battery is integrated to the chassis low in the car, making for good vehicle dynamics.”
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What’s particularly noteworthy is that Payne dubbed the Model 3 as the 2018 Car of the Year despite having what appears to be outdated information about the vehicle. For one, he referenced a track test from Motor Trend‘s Randy Pobst, stating that the Model 3 Performance was just a second slower than the Alfa Romeo Quadrifoglio. That particular test mentioned by The Detroit News veteran involved the pre-release version of the Model 3 Performance’s Track Mode. Tesla actually collaborated with Pobst to fine-tune the “release version” of Track Mode after the vehicle’s loss to the Alfa in the initial test. With the release version of Track Mode, the Model 3 Performance soundly beat the Alfa Romeo Quadrifoglio’s time.
Ultimately, though, the auto veteran noted that the Model 3’s combination of driving dynamics and software integration makes the electric car a remarkable vehicle overall.
“A showcase for autonomous features like summon and automatic lane-change, the high-tech Model 3 reaffirms the joy of driving,” Payne concluded.
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.
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.”
I did try to warn them.
Humans drive using neural nets and optical sensors. Same is true for robot cars.
— Elon Musk (@elonmusk) July 29, 2026
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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?
Elon Musk updates the SpaceX timeline for Mars
SpaceX gets an absolutely crazy price target after rough IPO
