The Tesla Model 3 and Model Y won the 2022 Top Safety Pick+ award from the Insurance Institute for Highway Safety (IIHS).
The IIHS tested a mid-range 2019 Tesla Model 3 and a Long Range 2021 Tesla Model Y for its 2022 Top Safety Pick+ award. The ratings Tesla received apply to the 2017-2022 Model 3 and 2020-2022 Model Y.
Breaking down the IIHS test, the Model 3 and the Model Y received “Good” ratings for crashworthiness, as seen below.
Both the Tesla Model 3 and Model Y received high marks in other parts of the IIHS tests as well. However, in the Crash Avoidance & Mitigation category, the Model 3 and Model Y received slightly different ratings. The Model 3 scored “Good” or “Superior” in all categories.
On the other hand, the Model Y was given a “Good” or “Acceptable” rating for headlights, with the IIHS noting that the score depended on the trim/option of the all-electric sedan. The safety agency reported that improved headlight offerings boosted more vehicles to win the top-tier Top Safety Pick+ award in 2022.
A recently published international Tesla patent suggests that Tesla’s vehicles will likely continue to achieve such high scores in evaluations such as the IIHS’ crashworthiness tests. The patent reveals how front and back megacastings act as an integrated energy absorbing system. Tesla China also provided an in-depth look into Giga Shanghai’s vehicles and how Tesla builds its cars to absorb impact.
Besides Tesla, 65 other vehicle models were recognized by the IIHS as 2022’s Top Safety Pick+ winners, and 36 models earned the lower-tier Top Safety Pick award. In total, the IIHS recognized 101 winners. In a press release, IIHS President David Harkey stated that while it is great to see numerous vehicles qualify for the Top Safety Pick+ award, it is time for the IIHS to roll out more stringent tests.
“We’re excited to see more vehicles on this list in 2022. Our awards make it easy for car buyers to find models that will protect them in a crash and increase the odds they’ll never be in one. By shooting for TOP SAFETY PICK+, automakers are showing that they’re committed to the same goal… Manufacturers deserve congratulations for the steady improvements they’ve made since we last updated our award requirements, but with U.S. traffic fatalities expected to exceed 40,000 people in 2021, it’s no time for anybody to rest on their laurels. A key reason vehicles have continued to get safer over the more than 25 years since the Institute began our ratings program is that we have never shied away from raising the bar. The high number of TOP SAFETY PICK+ winners shows that it’s time to push for additional changes,” Harkey said.
A recent IIHS study found that automatic emergency braking systems made no difference in pedestrian crashes that occurred at night. As a result, the safety agency decided to add a nighttime pedestrian crash prevention test held in complete darkness. Vehicles must earn an “Advanced” or “Superior” rating in the new nighttime test to win the Top Safety Pick+ award in 2023.
The new nighttime pedestrian crash prevention test will be an interesting evaluation for Tesla’s camera-based safety suite. During research tests on the upcoming nighttime pedestrian AEB evaluation, most of the test vehicles’ capabilities declined in the assessment conducted in complete darkness, except for one. The radar-only Volkswagen Taos maintained its performance rating in the nighttime pedestrian AEB evaluation test runs. However, the Taos was the worst performer during AEB daytime tests compared to the other vehicles in the nighttime AEB evaluation.
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Elon Musk
SpaceX issues statement on Starship V3 Booster 18 anomaly
The incident unfolded during gas-system pressure testing at the company’s Massey facility in Starbase, Texas.
SpaceX has issued an initial statement about Starship Booster 18’s anomaly early Friday. The incident unfolded during gas-system pressure testing at the company’s Massey facility in Starbase, Texas.
SpaceX’s initial comment
As per SpaceX in a post on its official account on social media platform X, Booster 18 was undergoing gas system pressure tests when the anomaly happened. Despite the nature of the incident, the company emphasized that no propellant was loaded, no engines were installed, and personnel were kept at a safe distance from the booster, resulting in zero injuries.
“Booster 18 suffered an anomaly during gas system pressure testing that we were conducting in advance of structural proof testing. No propellant was on the vehicle, and engines were not yet installed. The teams need time to investigate before we are confident of the cause. No one was injured as we maintain a safe distance for personnel during this type of testing. The site remains clear and we are working plans to safely reenter the site,” SpaceX wrote in its post on X.
Incident and aftermath
Livestream footage from LabPadre showed Booster 18’s lower half crumpling around the liquid oxygen tank area at approximately 4:04 a.m. CT. Subsequent images posted by on-site observers revealed extensive deformation across the booster’s lower structure. Needless to say, spaceflight observers have noted that Booster 18 would likely be a complete loss due to its anomaly.
Booster 18 had rolled out only a day earlier and was one of the first vehicles in the Starship V3 program. The V3 series incorporates structural reinforcements and reliability upgrades intended to prepare Starship for rapid-reuse testing and eventual tower-catch operations. Elon Musk has been optimistic about Starship V3, previously noting on X that the spacecraft might be able to complete initial missions to Mars.
Investor's Corner
Tesla analyst maintains $500 PT, says FSD drives better than humans now
The team also met with Tesla leaders for more than an hour to discuss autonomy, chip development, and upcoming deployment plans.
Tesla (NASDAQ:TSLA) received fresh support from Piper Sandler this week after analysts toured the Fremont Factory and tested the company’s latest Full Self-Driving software. The firm reaffirmed its $500 price target, stating that FSD V14 delivered a notably smooth robotaxi demonstration and may already perform at levels comparable to, if not better than, average human drivers.
The team also met with Tesla leaders for more than an hour to discuss autonomy, chip development, and upcoming deployment plans.
Analysts highlight autonomy progress
During more than 75 minutes of focused discussions, analysts reportedly focused on FSD v14’s updates. Piper Sandler’s team pointed to meaningful strides in perception, object handling, and overall ride smoothness during the robotaxi demo.
The visit also included discussions on updates to Tesla’s in-house chip initiatives, its Optimus program, and the growth of the company’s battery storage business. Analysts noted that Tesla continues refining cost structures and capital expenditure expectations, which are key elements in future margin recovery, as noted in a Yahoo Finance report.
Analyst Alexander Potter noted that “we think FSD is a truly impressive product that is (probably) already better at driving than the average American.” This conclusion was strengthened by what he described as a “flawless robotaxi ride to the hotel.”
Street targets diverge on TSLA
While Piper Sandler stands by its $500 target, it is not the highest estimate on the Street. Wedbush, for one, has a $600 per share price target for TSLA stock.
Other institutions have also weighed in on TSLA stock as of late. HSBC reiterated a Reduce rating with a $131 target, citing a gap between earnings fundamentals and the company’s market value. By contrast, TD Cowen maintained a Buy rating and a $509 target, pointing to strong autonomous driving demonstrations in Austin and the pace of software-driven improvements.
Stifel analysts also lifted their price target for Tesla to $508 per share over the company’s ongoing robotaxi and FSD programs.
Elon Musk
SpaceX Starship Version 3 booster crumples in early testing
Photos of the incident’s aftermath suggest that Booster 18 will likely be retired.
SpaceX’s new Starship first-stage booster, Booster 18, suffered major damage early Friday during its first round of testing in Starbase, Texas, just one day after rolling out of the factory.
Based on videos of the incident, the lower section of the rocket booster appeared to crumple during a pressurization test. Photos of the incident’s aftermath suggest that Booster 18 will likely be retired.
Booster test failure
SpaceX began structural and propellant-system verification tests on Booster 18 Thursday night at the Massey’s Test Site, only a few miles from Starbase’s production facilities, as noted in an Ars Technica report. At 4:04 a.m. CT on Friday, a livestream from LabPadre Space captured the booster’s lower half experiencing a sudden destructive event around its liquid oxygen tank section. Post-incident images, shared on X by @StarshipGazer, showed notable deformation in the booster’s lower structure.
Neither SpaceX nor Elon Musk had commented as of Friday morning, but the vehicle’s condition suggests it is likely a complete loss. This is quite unfortunate, as Booster 18 is already part of the Starship V3 program, which includes design fixes and upgrades intended to improve reliability. While SpaceX maintains a rather rapid Starship production line in Starbase, Booster 18 was generally expected to validate the improvements implemented in the V3 program.
Tight deadlines
SpaceX needs Starship boosters and upper stages to begin demonstrating rapid reuse, tower catches, and early operational Starlink missions over the next two years. More critically, NASA’s Artemis program depends on an on-orbit refueling test in the second half of 2026, a requirement for the vehicle’s expected crewed lunar landing around 2028.
While SpaceX is known for diagnosing failures quickly and returning to testing at unmatched speed, losing the newest-generation booster at the very start of its campaign highlights the immense challenge involved in scaling Starship into a reliable, high-cadence launch system. SpaceX, however, is known for getting things done quickly, so it would not be a surprise if the company manages to figure out what happened to Booster 18 in the near future.
SpaceX issues statement on Starship V3 Booster 18 anomaly
Tesla analyst maintains $500 PT, says FSD drives better than humans now
