Hyundai has been allegedly caught benchmarking a Tesla Model 3 by a Twitter user who rented the car out on Turo.
While Tesla is currently in a dominant position within the EV market of the United States, Hyundai hopes to change that in the coming years, and it has introduced a vast number of EVs to take on their American counterpart. Now, it has been discovered that Hyundai has benchmarked the Tesla Model 3 against the upcoming Hyundai Ioniq 6.
The strange saga of the snagged Tesla Model 3 has been outlined in a series of tweets from the Twitter account FSD & Chill. The user describes lending out the Tesla Model 3 through Turo and discovering that it has been taken for testing by a Hyundai employee.
So.. a Hyundai employee just borrowed my 2022 Tesla Model 3 LR (FSD) for a week for “Driving locally”. I kept getting Notifications that all my doors were left open for several days. I was curious so i accessed the Live cam. This is what i see. @elonmusk @WholeMarsBlog @Tesla pic.twitter.com/xAk36OrL2b
— ?FSD & Chill⚡️ (@MateenOmair) March 23, 2023
The discovery became apparent when the Tesla owner received numerous notifications that the car’s doors had been left open for an extended time, leading him to look at the live cameras on each side of the vehicle, only to find that it had been placed in what looks like an office building with Hyundai posters on many of the walls.
After looking through the vehicle’s cameras, the Tesla owner allegedly talked with the person they loaned their vehicle to, leading to the discovery that they were a Hyundai employee and the Tesla was being used for benchmarking purposes.
I Pushed for more information and then he finally opened up and said, I’m not really supposed to say but it was being used for Research and Training purposes for benchmarking against the Hyundai Ionic 6 prior to it’s release. He didn’t want me backing out ?
— ?FSD & Chill⚡️ (@MateenOmair) March 23, 2023
Hyundai was not immediately available to comment to Teslarati regarding the alleged benchmarking, though the imagery from the Model 3’s cameras does seem quite damning.
The Tesla owner notes that the Model 3 was measured and used to compare seating arrangements and its self-driving capabilities against a Hyundai IONIQ 6 sedan, which is hitting U.S. showrooms later this year.
I Pushed for more information and then he finally opened up and said, I’m not really supposed to say but it was being used for Research and Training purposes for benchmarking against the Hyundai Ionic 6 prior to it’s release. He didn’t want me backing out ?
— ?FSD & Chill⚡️ (@MateenOmair) March 23, 2023
It should be noted that benchmarking is nothing new to the automotive industry and is a key part of how the industry works to improve year over year. As automakers learn from their competitors’ designs, they can learn what works and what doesn’t, as well as what customers really want. This means the market is filled with better consumer offerings and a more competitive market that constantly strives to offer the best.
What do you think of the article? Do you have any comments, questions, or concerns? Shoot me an email at william@teslarati.com. You can also reach me on Twitter @WilliamWritin. If you have news tips, email us at tips@teslarati.com!
Elon Musk
Elon Musk confirms xAI’s purchase of five 380 MW natural gas turbines
The deal, which was confirmed by Musk on X, highlights xAI’s effort to aggressively scale its operations.
xAI, Elon Musk’s artificial intelligence startup, has purchased five additional 380 MW natural gas turbines from South Korea’s Doosan Enerbility to power its growing supercomputer clusters.
The deal, which was confirmed by Musk on X, highlights xAI’s effort to aggressively scale its operations.
xAI’s turbine deal details
News of xAI’s new turbines was shared on social media platform X, with user @SemiAnalysis_ stating that the turbines were produced by South Korea’s Doosan Enerbility. As noted in an Asian Business Daily report, Doosan Enerbility announced last October that it signed a contract to supply two 380 MW gas turbines for a major U.S. tech company. Doosan later noted in December that it secured an order for three more 380 MW gas turbines.
As per the X user, the gas turbines would power an additional 600,000+ GB200 NVL72 equivalent size cluster. This should make xAI’s facilities among the largest in the world. In a reply, Elon Musk confirmed that xAI did purchase the turbines. “True,” Musk wrote in a post on X.
xAI’s ambitions
Recent reports have indicated that xAI closed an upsized $20 billion Series E funding round, exceeding the initial $15 billion target to fuel rapid infrastructure scaling and AI product development. The funding, as per the AI startup, “will accelerate our world-leading infrastructure buildout, enable the rapid development and deployment of transformative AI products.”
The company also teased the rollout of its upcoming frontier AI model. “Looking ahead, Grok 5 is currently in training, and we are focused on launching innovative new consumer and enterprise products that harness the power of Grok, Colossus, and 𝕏 to transform how we live, work, and play,” xAI wrote in a post on its website.
Elon Musk
Elon Musk’s xAI closes upsized $20B Series E funding round
xAI announced the investment round in a post on its official website.
xAI has closed an upsized $20 billion Series E funding round, exceeding the initial $15 billion target to fuel rapid infrastructure scaling and AI product development.
xAI announced the investment round in a post on its official website.
A $20 billion Series E round
As noted by the artificial intelligence startup in its post, the Series E funding round attracted a diverse group of investors, including Valor Equity Partners, Stepstone Group, Fidelity Management & Research Company, Qatar Investment Authority, MGX, and Baron Capital Group, among others.
Strategic partners NVIDIA and Cisco Investments also continued support for building the world’s largest GPU clusters.
As xAI stated, “This financing will accelerate our world-leading infrastructure buildout, enable the rapid development and deployment of transformative AI products reaching billions of users, and fuel groundbreaking research advancing xAI’s core mission: Understanding the Universe.”
xAI’s core mission
Th Series E funding builds on xAI’s previous rounds, powering Grok advancements and massive compute expansions like the Memphis supercluster. The upsized demand reflects growing recognition of xAI’s potential in frontier AI.
xAI also highlighted several of its breakthroughs in 2025, from the buildout of Colossus I and II, which ended with over 1 million H100 GPU equivalents, and the rollout of the Grok 4 Series, Grok Voice, and Grok Imagine, among others. The company also confirmed that work is already underway to train the flagship large language model’s next iteration, Grok 5.
“Looking ahead, Grok 5 is currently in training, and we are focused on launching innovative new consumer and enterprise products that harness the power of Grok, Colossus, and 𝕏 to transform how we live, work, and play,” xAI wrote.
Tesla (NASDAQ: TSLA) stock received a price target update from Pierre Ferragu of Wall Street firm New Street Research, citing the company’s growing lead in self-driving and autonomy.
On Tuesday, Ferragu bumped his price target from $520 to $600, stating that the consensus from the Consumer Electronics Show in Las Vegas was that Tesla’s lead in autonomy has been sustained, is growing, and sits at a multiple-year lead over its competitors.
CES 2026 validates Tesla’s FSD strategy, but there’s a big lag for rivals: analyst
“The signal from Vegas is loud and clear,” the analyst writes. “The industry isn’t catching up to Tesla; it is actively validating Tesla’s strategy…just with a 12-year lag.”
The note shows that the company’s prowess in vehicle autonomy is being solidified by lagging competitors that claim to have the best method. The only problem is that Tesla’s Vision-based approach, which it adopted back in 2022 with the Model 3 and Model Y initially, has been proven to be more effective than competitors’ approach, which utilizes other technology, such as LiDAR and sensors.
Currently, Tesla shares are sitting at around $433, as the company’s stock price closed at $432.96 on Tuesday afternoon.
Ferragu’s consensus on Tesla shares echoes that of other Wall Street analysts who are bullish on the company’s stock and position within the AI, autonomy, and robotics sector.
Dan Ives of Wedbush wrote in a note in mid-December that he anticipates Tesla having a massive 2026, and could reach a $3 trillion valuation this year, especially with the “AI chapter” taking hold of the narrative at the company.
Ives also said that the big step in the right direction for Tesla will be initiating production of the Cybercab, as well as expanding on the Robotaxi program through the next 12 months:
“…as full-scale volume production begins with the autonomous and robotics roadmap…The company has started to test the all-important Cybercab in Austin over the past few weeks, which is an incremental step towards launching in 2026 with important volume production of Cybercabs starting in April/May, which remains the golden goose in unlocking TSLA’s AI valuation.”
Tesla analyst breaks down delivery report: ‘A step in the right direction’
Tesla has transitioned from an automaker to a full-fledged AI company, and its Robotaxi and Cybercab programs, fueled by the Full Self-Driving suite, are leading the charge moving forward. In 2026, there are major goals the company has outlined. The first is removing Safety Drivers from vehicles in Austin, Texas, one of the areas where it operates a ride-hailing service within the U.S.
Ultimately, Tesla will aim to launch a Level 5 autonomy suite to the public in the coming years.
Elon Musk confirms xAI’s purchase of five 380 MW natural gas turbines
Elon Musk’s xAI closes upsized $20B Series E funding round
