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Tesla Model 3 gets Japanese car critic’s approval: ‘The excitement alone must be worth getting this car’
Since its release, the Tesla Model 3 has generally received positive reviews from both professional critics and enthusiasts alike. These reviews greatly help the vehicle, especially since Tesla relies on word of mouth due to the company’s stance against traditional advertisements. This means that one of the Model 3’s best chances of being successful relies on how well it is received by reviewers and owners alike.
With the Model 3 about to enter the Japanese market, the vehicle recently subjected to an evaluation by car critic Hitoshi Sezai from local motoring publication Motor-Fan.jp. Over the course of his time with the vehicle, the auto veteran found the Model 3 to be a completely different car than anything currently available on the market today. Sezai’s test unit was a Long Range Model 3 RWD, the first iteration of the vehicle released in the United States. In his review, the car critic took particular notice of the Model 3’s infotainment screen, which holds the vast majority of the vehicle’s functions.
Sezai likened the experience of using the Model 3’s display to his first impressions of the Apple iPad. According to the critic, when he first used an iPad, there was something immediately familiar and exciting about the system and how it freed users from the “mess of Windows.” This experience, Sezai noted, is echoed in the Model 3, as the vehicle gives drivers the impression that they are “in touch with a next-generation car.”
The critic also pointed out how different the Model 3 is compared to other EVs on the market. Using the best-selling Nissan Leaf as an example, Sezai stated that EVs are usually vehicles in “familiar packaging.” That is, they look like regular cars whose engines were replaced by electric motors. This was not the case with the Model 3, making the sedan very exciting to operate. “The Model 3 is a different thing. This excitement alone must be worth getting this car,” the critic wrote.
The critic admitted that he took some time before he got comfortable with the vehicle’s regenerative braking system (he was far more comfortable with a Standard setting), though he noted that the Model 3’s response and acceleration are impeccable. According to Sezai, the Model 3’s acceleration almost gives the impression that one is driving a ride from an amusement park: silent and very, very quick.
Most of the car critic’s observations about the Model 3 mirror that of reviews from enthusiasts who have recently experienced the vehicle. Earlier this month, Japanese EV enthusiasts who were able to take the Model 3 for a test drive praised the vehicle for its novel automated features and its all-electric performance, which some reviewers noted was superior to petrol-powered automobiles. Tesla, for its part, has started its promotional efforts in Japan, displaying the vehicle in several key cities.
The Tesla Model 3 is a best-selling vehicle in the United States, outselling rivals in the premium sedan segment such as the BMW M3. Considering the excitement surrounding the vehicle in nations such as Japan and South Korea, it appears that the Model 3 has a good shot at making an impact in the Asian region as well. In South Korea, for example, the Model 3 has started attracting large groups of people after it was made available in the country, especially after its starting price was lowered to just around $26,500 when national and select local subsidies are included.
Tesla stock (NASDAQ: TSLA) endured one of its sharpest single-day declines in years on July 23, tumbling approximately 14.5 percent and closing near $320 after opening the session around $374. The drop erased more than $140 billion in market value amid heavy trading volume and left the shares at multi-week lows.
The sell-off followed the company’s second-quarter 2026 results, released the previous evening. Tesla reported record revenue of $28.2 billion, up 26 percent year over year, driven by a Q2-record 480,126 vehicle deliveries. Energy storage deployments also rose strongly.
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Yet profitability disappointed sharply. Operating income fell 57 percent to $398 million, compressing the operating margin to just 1.4 percent. Non-GAAP earnings per share came in at $0.33, well below the roughly $0.53 analysts had expected. Free cash flow turned negative by $1.1 billion as capital expenditures surged 142 percent to $5.8 billion, largely tied to accelerated spending on artificial intelligence, robotics, and autonomous systems.
The losses on capex were expected, as Tesla said it would be spending heavily in 2026.
Investors also reacted to lingering uncertainty surrounding key product timelines. During the Earnings Call, management reiterated ambitions for Robotaxi deployment and the Optimus humanoid robot, but offered limited new concrete milestones, renewing questions about execution pace that have long accompanied Tesla’s ambitious roadmap.
The magnitude of the decline places it among Tesla’s more severe one-day percentage losses since its 2010 initial public offering. Historically, the two largest single-day drops (split-adjusted) remain September 8, 2020, when shares fell 21.1 percent amid broader market volatility and valuation concerns, and January 13, 2012, with a 19.3 percent plunge during the company’s early growth struggles.
Other notable declines include an 18.6 percent drop on March 16, 2020, at the onset of pandemic-related market turmoil. Thursday’s move ranks roughly ninth on the all-time list but stands out as the steepest in more than a year.
Despite the short-term pain, Tesla’s long-term trajectory has repeatedly recovered from such volatility. The latest results underscore both the strength of its core automotive and energy businesses and the near-term costs of heavy investment in next-generation technologies.
Elon Musk clapped back at France’s decision to withhold the approval for Tesla’s Full Self-Driving (FSD) Supervised system, projecting a clear and blunt message to French Transport Minister Phillippe Tabarot, after he publicly rejected the technology in its current form.
Tabarot outlines several concerns with Tesla Full Self-Driving in a detailed video statement, where he said, “The safety trade-offs are not yet sufficient to authorize it as it currently stands,” he said. He emphasized that FSD is not a true self-driving system and that the driver remains fully responsible.
Key issues Tabarot also brought up included allowing speeding when surrounding traffic exceeds limits and what he believes are insufficient guarantees of driver attention during complex urban maneuvers such as lane changes, intersections, and roundabouts.
Delaying the approval of FSD in France will cost lives
— Elon Musk (@elonmusk) July 22, 2026
While acknowledging technological progress and France’s support for autonomous innovation, Tabarot stressed that deployment must prioritize road safety. He noted ongoing technical discussions with Tesla, the Netherlands, and other European partners, with further ecosystem meetings planned for the fall.
Musk’s rebuke highlights the human cost of regulatory caution. Tesla’s latest safety reports provide compelling data supporting accelerated adoption. In the most recent 12-month period, vehicles using FSD (Supervised) recorded one major collision per approximately 5.1 million miles driven, dramatically better than the U.S. national average of one crash per 698,000 miles.
Even Tesla vehicles driven manually with active safety features outperform the average by a wide margin. These figures come from billions of real-world miles of telemetry, showing FSD vehicles involved in far fewer incidents than both manual Teslas and the broader U.S. fleet.
Critics argue Tesla’s comparisons require careful scrutiny regarding reporting thresholds and fleet demographics, yet the data consistently positions FSD as a potential lifesaver. With road fatalities remaining a leading cause of death worldwide, Musk contends that proven safer technology should not face prolonged bureaucratic hurdles.
France’s measured approach reflects the broader European regulatory caution, which many, especially Musk, have been critical of in the past. However, as autonomous systems from Tesla and competitors like Waymo demonstrate superior safety in independent studies, pressure is mounting for harmonized approvals.
Musk’s warning carries the belief that every month of delay may equate to avoidable tragedies on European roads.
In a striking revelation that underscores the lucrative crossover between Big Tech and space exploration, Alphabet Inc., Google’s parent company, disclosed a massive $94.1 billion equity stake in SpaceX following the rocket company’s blockbuster initial public offering earlier this year.
The disclosure came in Alphabet’s quarterly filing, marking the first time the long-held private investment has been publicly valued at market prices. Google was an early backer, investing alongside Fidelity in 2015 with roughly $500-900 million at a time when SpaceX was valued around $12 billion.
That bet has delivered extraordinary returns, roughly a hundredfold, transforming a strategic play on satellite internet and launch capabilities into one of Alphabet’s largest assets.
Google, $GOOGL, has said they hold $94 billion in SpaceX, $SPCX, shares after IPO.
— unusual_whales (@unusual_whales) July 23, 2026
Of the total holding, approximately $80 billion remains subject to short-term post-IPO lockup restrictions, preventing near-term sales. An additional $14.1 billion faces longer-term restrictions, extending into the third quarter of 2027. This structure limits immediate liquidity but protects against market volatility as SpaceX transitions into public trading.
The SpaceX position contributed significantly to gains in Alphabet’s broader investment portfolio, which also includes a major stake in AI leader Anthropic. Combined, these holdings helped drive nearly $100 billion in investment gains during the second quarter, providing a substantial boost to net income amid ongoing AI spending pressures.
Analysts view the disclosure as validation of Alphabet’s venture strategy beyond its core search and cloud businesses. The investment aligns with deeper ties, including reported multi-billion-dollar deals for AI computing capacity on SpaceX infrastructure. As SpaceX advances Starship flights, Starlink expansion, and ambitious Mars goals under Elon Musk, Google’s stake positions it to benefit from the commercialization of space.
For Alphabet, the windfall highlights how patient, forward-looking bets in transformative sectors can yield outsized rewards. While lockups temper short-term impact, the holding cements SpaceX as a cornerstone of Alphabet’s diversified portfolio in an era where aerospace, AI, and connectivity increasingly intersect. Investors will watch closely as restrictions lift and SpaceX’s public performance unfolds.
Tesla stock tumbles after earnings, one of its sharpest single-day declines
Elon Musk is not happy about this Tesla Full Self-Driving approval delay
