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Tesla Model 3 receives Top Safety Pick+ award from the IIHS
The Insurance Institute for Highway Safety (IIHS) has released the results of its crash tests for the Tesla Model 3, and just like other safety agencies in the US and abroad, the organization has granted the all-electric sedan its highest rating available. In a recent announcement, the IIHS has revealed that the Tesla Model 3 qualifies for its Top Safety Pick+ award.
The IIHS notes that to earn the Top Safety Pick+ award, a vehicle must get good ratings in the driver-side small overlap front, moderate overlap front, side, roof strength, and head restraint tests. Good ratings are also required in the passenger-side small overlap test and the headlight evaluation, the latter proving to be a tricky metric that is rarely aced by carmakers.
The Model 3 earned good ratings across the board for crashworthiness, with the vehicle’s front crash prevention system getting a superior rating after successfully avoiding collisions in both the 12 mph and 25 mph track tests. The Model 3’s strong frame also allowed the vehicle to perform well in challenging tests such as the driver-side small overlap front test. Additionally, the Model 3’s headlights received a good rating for being bright enough without causing glare to other drivers.
With its results, the Tesla Model 3 joins the all-electric Audi e-tron and the hydrogen-powered Hyundai Nexo as the IIHS’ Top Safety Pick+ vehicles for 2019. Speaking about these results, IIHS Chief Research Officer David Zuby remarked that the stellar safety performance of these vehicles proves that cars with alternative powertrains do not compromise in terms of safety. “Vehicles with alternative powertrains have come into their own. There’s no need to trade away safety for a lower carbon footprint when choosing a vehicle,” he said.
In a blog post, Tesla explained that the Model 3’s Top Safety Pick+ rating from the IIHS is due to the vehicle’s all-electric structural and powertrain design, which gives the car a low center of gravity that reduces rollover risk while protecting occupants in the event of a crash. Of course, the absence of an engine results in a generous crumple zone in front of the Model 3, which absorbs energy more effectively during a collision. The Model 3’s glass roof also proved very strong, resisting more than 20,000 pounds of force.
Apart from receiving the IIHS’ Top Safety Pick+ rating, the Tesla Model 3 has also earned a 5-Star Safety Rating from the National Highway Traffic Safety Administration (NHTSA). The all-electric sedan also set new benchmarks in safety at its tests with the European New Car Assessment Program (Euro NCAP), as well as the Australasian New Car Assessment Program (ANCAP).
Watch the IIHS’s featurette on the Tesla Model 3’s stellar safety results in the video below.
Read Tesla’s blog post about the IIHS’ Top Safety Pick+ award for the Model 3 below.
Model 3 Earns the 2019 IIHS TOP SAFETY PICK+ Award
We engineer our cars to be the best in the world – in every category. Model 3, our most affordable car yet, is no exception. From the start, we designed it to be among the safest cars ever built, with the goal of getting as many Model 3s on the road as possible to further our mission.
Model 3 has already earned a 5-star safety rating in every category and sub-category from safety authorities on three continents (North America, Europe and Australia), and it has received top marks around the world for its advanced safety assistance features like Automatic Emergency Braking.
Now, in new tests from the Insurance Institute for Highway Safety (IIHS), Model 3 has been named a 2019 IIHS TOP SAFETY PICK+ vehicle, the highest achievement awarded by the Institute. To evaluate whether Model 3 met the criteria for this top rating, IIHS tested the car’s crashworthiness, occupant protection, crash avoidance, and headlight systems. Model 3 earned top marks in all eight tests, including a superior rating in front crash prevention, which evaluates a car’s Automatic Emergency Braking system, and the highest possible rating in IIHS’ headlight assessment.
Here’s a look at some of the ways we made this happen:
Part of what makes Model 3 so safe is its all-electric powertrain design, which gives the car a low center of gravity that reduces roll-over risk, as well as its rigid aluminum and steel passenger cabin that provides exceptional strength to equally protect drivers and passengers. Additionally, Model 3’s lack of an engine is replaced by a large crumple zone that helps it absorb energy more effectively than a gas car would, dissipating force away from the passenger cabin. This crumple zone contributed to Model 3’s top rating in IIHS’ frontal crash protection tests.
The Institute’s results also demonstrate the exceptional strength of Model 3’s all-glass roof, which is supported by a very strong metal body structure and helps protect occupants in roll-over crashes. During testing, the car’s roof was able to successfully resist more than 20,000 pounds of force – that’s more than if we placed five Model 3s on top of the car’s roof at once. And, the roof earned a higher strength-to-weight ratio score than any other fully electric vehicle that IIHS has ever tested.
In addition, Model 3’s safety restraint system also earned high marks in IIHS’ evaluation. This was due in part to Model 3’s seats, which are designed and manufactured in-house at our dedicated seat factory in Fremont, as well as our thick curtain airbag and uniquely shaped front passenger airbag, which help protect a passenger’s head from the car’s A-pillar and center screen.
In terms of crash mitigation, good headlights can help prevent nighttime crashes, which is why Model 3 comes standard with automatic high and low beam headlights that earned top marks in IIHS testing. And, when it comes to crash prevention, Model 3 earned a superior rating thanks to our Automatic Emergency Braking system, which successfully avoided collisions at both 12 miles per hour and 25 miles per hour.
The safety of our customers is what matters most, which is why our active safety features and passive safety equipment come standard on all of our cars. We’re also committed to making our cars even safer over time via over-the-air updates, helping us ensure that all Tesla drivers have access to the best safety features available for their cars.
Tesla has finally clarified the situation regarding the viral crash in Texas where a Model 3 slammed into a home.
CEO Elon Musk replied to reports on Monday that stated the crash was due to the company’s Full Self-Driving or Autopilot suite, which seemed unlikely to those who are familiar with it. Video showed the car slamming into a house at an excessive rate of speed, making it highly unlikely the crash was due to the suite’s operation, as it does not travel at those speeds in residential areas.
Musk said:
“This makes no sense. FSD drives slowly through neighborhood streets, and this was a high-speed crash!”
Tesla’s Head of AI, Ashok Elluswamy, added context, revealing that the company’s data shows the driver “manually overrode self-driving by pressing the accelerator all the way to 100%.”
He revealed the speed reached by the car was 73 MPH, and the accelerator was still pressed “even after the crash.”
Yup. In this case, the driver manually overrode self-driving by pressing the accelerator all the way to 100% of the accel pedal in this residential area. They reached a speed of 73 mph during the crash, and had the accelerator pressed even after the crash.
— Ashok Elluswamy (@aelluswamy) June 22, 2026
Authorities are reportedly investigating “whether Tesla’s Autopilot system played a role after a Model 3 left the roadway…slammed through a brick house at high speed and fatally struck Matha Avila as she sat inside,” the New York Post reported.
The National Highway Traffic Safety Administration (NHTSA) is now investigating the crash. Tesla will work with the agency to provide them with whatever information they need in order to clarify the cause of the crash.
Similarly, Tesla had claims of a fatal accident in Harris County, Texas, a few years ago. Early reports indicated that Full Self-Driving was the cause of the crash. After the National Transportation Safety Board (NTSB) worked with Tesla, the agency proved there was “no use of the Autopilot system at any time during this ownership period of the vehicle, including the time frame up to the last transmitted timestamp on April 17, 2021.”
Tesla alleged “driverless” crash in Texas: What is known so far
“Application of the accelerator pedal was found to be as high as 98.8 percent,” the NTSB said in their findings. The highest recorded speed in the five seconds leading up to the impact was 67 miles per hour. The area where the crash occurred is residential, and Texas State laws have default speed limits of 30 MPH in residential streets.
This appears to be a similar situation. However, an investigation will prove what happened for sure.
SpaceX announced today that it commenced its first-ever public bond offering, marking a significant step in the newly public company’s capital markets strategy.
The company announced an offering of senior unsecured notes expected to raise at least $20 billion.
The move comes just a short time after SpaceX completed one of the largest initial public offerings in history. In mid-June, the company priced shares at $135 and raised more than $85 billion, propelling founder Elon Musk’s net worth past the trillion-dollar mark and giving the firm substantial liquidity.
🚨 SpaceX has announced its inaugural offering of senior unsecured notes.
The net proceeds will be used to repay outstanding loans under its bridge loan facility in full.
This inaugural debt offering represents a financing milestone for SpaceX, which previously depended… pic.twitter.com/pcOZuVbTRv
— TESLARATI (@Teslarati) June 22, 2026
According to the company’s SEC filing, the net proceeds from the notes will be used primarily to repay in full the outstanding borrowings under its existing bridge loan facility, cover related fees and expenses, and fund general corporate purposes. The offering is being conducted under Rule 144A, as well as Regulation S, targeting qualified institutional buyers and non-U.S. investors. Notes will be unsecured obligations ranking equally with other unsubordinated debt.
The $20 billion bridge loan was used to refinance approximately $17.5 billion in higher-cost “junk” debt tied to X and xAI. SpaceX had merged with xAI in February 2026 in an all-stock deal. The bridge facility, which matures in September 2027, had represented the bulk of SpaceX’s long-term debt.
SpaceX officially acquires xAI, merging rockets with AI expertise
In connection with the bond launch, SpaceX disclosed it held approximately $100.8 billion in cash and cash equivalents as of June 19. Investor calls began on the announcement date, with pricing and launch expected shortly thereafter. Rating agencies have assigned investment-grade ratings to the proposed bonds, reflecting confidence in SpaceX’s dominant position in commercial launches and the growth trajectory of its Starlink internet offering.
The debt raise also allows SpaceX to optimize its balance sheet by replacing short-term, higher-cost bridge financing with longer-date, lower-cost fixed-income securities. This provides greater financial flexibility to support capital-intensive initiatives, including the development of Starship, the expansion of the Starlink constellation, and the integration of AI capabilities following the xAI combination.
SpaceX shares (NASDAQ: SPCX) fell sharply on the news, dropping over 16 percent overall on the market on Monday. The stock had surged initially after debuting but pulled back amid profit-taking and broader market dynamics.
Overall, the bond offering underscores SpaceX’s transition to a mature public company with access to diverse funding sources. It positions the firm to pursue its long-term vision of multiplanetary expansion and AI infrastructure, while maintaining a disciplined approach to its capital structure in a high-growth but capital-heavy industry.
SpaceX confirmed today that it has officially signed its third massive compute deal, providing compute at its Colossus data center in Southaven, Tennessee.
Reflection AI will gain immediate access to NVIDIA GB300 chips at SpaceX’s Colossus 2 data center. In return, Reflection will pay SpaceX $150 million per month starting on July 1, with total payments reaching approximately $6.3 billion if the contract runs through its duration, which is until 2029. Either party can terminate the agreement with 90 days’ notice after the initial three-month period.
CNBC first reported the deal.
🚨 SpaceXAI has agreed to a new compute deal with Reflection AI.
Reflection gets access to NIVIDIA GB300s, and will pay $150M per month to SpaceXAI for the compute. pic.twitter.com/bNPare8U5u
— TESLARATI (@Teslarati) June 22, 2026
This latest partnership highlights SpaceX’s strategy of commercializing its massive Colossus supercomputing infrastructure, originally developed to power Elon Musk’s Grok AI models. The company has rapidly expanded its customer base in the AI sector following its February 2026 merger with xAI, a transaction that valued the combined entity at $1.25 trillion.
SpaceX has previously signed significant compute deals with other major players.
It granted Anthropic exclusive access to the full capacity of its Colossus 1 data center, which exceeds 300 megawatts and includes over 220,000 NVIDIA GPUs. Details from SpaceX’s IPO filings indicate Anthropic will pay $1.25 billion per month through May 2029, potentially generating around $45 billion over the term of the deal.
Additionally, Google agreed to pay SpaceX $920 million per month for compute capacity from October 2026 through June 2029. This 32-month period will provide Google access to roughly 110,000 NVIDIA GPUs, along with supporting processors and memory. Capacity ramps up through September at a reduced fee, with termination options after the first year.
SpaceXA also established arrangements for computing power with Cursor, an AI coding startup. SpaceX acquired them in a $60 billion all-stock deal.
These arrangements position SpaceX’s collective position as an AI infrastructure powerhouse with high-margin revenue potential. The Google deal alone could generate nearly $29.5 billion over its term, while the Reflection contract adds another $6.3 billion.
Combined with the Anthropic arrangement, SpaceX stands to realize tens of billions in revenue from compute leasing in the coming years, which diversifies beyond SpaceX’s traditional rocket launches and Starlink operation.
The deals underscore growing demand for advanced AI training and inference capacity amid chip shortages and surging model development needs. Reflection, valued at $25 billion and focused on “American open intelligence” with government and national security ties, cited recent restrictions on closed models as validation for open-source approaches.
For SpaceX, the partnerships transform capital-intensive data centers into flexible revenue sources while supporting its broader AI ambitions after the company has gone public.
Tesla finally clarifies fatal Texas crash, confirms driver manually overrode acceleration
SpaceX makes $20 billion move to optimize its balance sheet
