News
Tesla Model 3 owned by Motortrend staff highlights a real-life adventure
Automotive Journalist Alan Lau bought a “price-adjusted” Tesla Model 3 Performance inventory car a year ago and recounts the good and bad adventures he’s faced after 365 days ownership.
A visit to Laguna Seca Raceway, and a road trip later, Lau, a staff writer for MotorTrend, talked about his year-long journey, which cleared up a lot of misconceptions about Tesla’s more documented “issues.”
Lau broke down his experience with his vehicle’s performance specifications, charging options, Tesla Service, and what his final verdict was in regards to his all-electric powerhouse.
Most people know that the Model 3 Performance is a technological and automotive marvel. It is capable of 0-60 MPH in around 3 seconds, according to Lau’s personal experiences with the vehicle. The addition of Track Mode and software updates that increased the vehicle’s performance specifications were enough to impress Lau. One of the significant points of criticism Lau highlighted was the Model 3 brakes. He thinks their longevity on a track circuit is underwhelming as he was only able to navigate around Laguna Seca for three laps before they needed to cool down.
In terms of charing Lau notes plenty of options in the Los Angeles area. And his biggest positive was the amount of money he saved every month compared to owning a combustion engine car. ” In a normal month, I spend about $70 on charging the Tesla. Compared to my other gasoline car, a Honda CR-Z (with supercharger), I would have paid roughly $230 for fuel to drive the same distance in a month,” Lau said.
Tesla Service provided Lau with excellent customer service and timely fixes of a pothole-induced bubble in his tire, the installation of a carbon-fiber spoiler, and a misaligned seal.
His local Service Center fixed a tire issue after running into a pothole after his typical morning commute. Two hours and a few hundred dollars later, Lau was back on the road.
Tesla had not installed the 2018 Model 3 Performance vehicle with carbon-fiber spoilers, so Lau had that installed after taking delivery of the car. Also, his misaligned seal was replaced by a Tesla Ranger who arrived at his workplace in a Model S with the necessary equipment to fix the issue without Lau needing to visit the local service center.
“The process was rather convenient,” Lau said. “I first submitted a service request and picked an appointment time in the Tesla app on my phone. On the day of my appointment, a Tesla Ranger showed up in a Tesla Model S with tools and parts in the car. All I had to do was show her where my car was parked. Everything was done in 30 minutes.”
Lau has relatively no complaints about the year-long ownership of his vehicle. “As for the Model 3, I’m keeping it. Those fitment issues I had were so minor, and there were no major problems with the car,” he said.
The Model 3 has been Tesla’s most popular car for several years after beginning deliveries in 2017. The vehicle has continued to improve thanks to Over-the-Air updates and advancements in Tesla’s manufacturing and battery technology.
“A $70 monthly running cost for a car that can do 0-60 in 3.0 seconds? Honestly, a comparable alternative does not exist yet,” Lau concluded.
Lau’s year-long adventure with the Tesla Model 3 Performance can be found here.
Elon Musk
Tesla confirmed HW3 can’t do Unsupervised FSD but there’s more to the story
Tesla confirmed HW3 vehicles cannot run unsupervised FSD, replacing its free upgrade promise with a discounted trade-in.
Tesla has officially confirmed that early vehicles with its Autopilot Hardware 3 (HW3) will not be capable of unsupervised Full Self-Driving, while extending a path forward for legacy owners through a discounted trade-in program. The announcement came by way of Elon Musk in today’s Tesla Q1 2026 earnings call.
🚨 Our LIVE updates on the Tesla Earnings Call will take place here in a thread 🧵
Follow along below: pic.twitter.com/hzJeBitzJU
— TESLARATI (@Teslarati) April 22, 2026
The history here matters. HW3 launched in April 2019, and Tesla sold Full Self-Driving packages to owners on the understanding that the hardware was sufficient for full autonomy. Some owners paid between $8,000 and $15,000 for FSD during that period. For years, as FSD’s AI models grew more demanding, HW3 vehicles fell progressively further behind, eventually landing on FSD v12.6 in January 2025 while AI4 vehicles moved to v13 and then v14. When Musk acknowledged in January 2025 that HW3 simply could not reach unsupervised operation, and alluded to a difficult hardware retrofit.
The near-term offering is more concrete. Tesla’s head of Autopilot Ashok Elluswamy confirmed on today’s call that a V14-lite will be coming to HW3 vehicles in late June, bringing all the V14 features currently running on AI4 hardware. That is a meaningful software update for owners who have been frozen at v12.6 for over a year, and it represents genuine effort to keep older hardware relevant. Unsupervised FSD for vehicles is now targeted for Q4 2026 at the earliest, with Musk describing it as a gradual, geography-limited rollout.
For HW3 owners, the over-the-air V14-lite update is welcomed, and the discounted trade-in path at least acknowledges an old obligation. What happens next with the trade-in pricing will define how this chapter ultimately gets written. If Tesla prices the hardware path fairly, acknowledges what early adopters are owed, and delivers V14-lite on the June timeline it committed to today, it has a real opportunity to convert one of the longest-running sore subjects among early adopters into a loyalty story.
Elon Musk
Tesla isn’t joking about building Optimus at an industrial scale: Here we go
Tesla’s Optimus factory in Texas targets 10 million robots yearly, with 5.2 million square feet under construction.
Tesla’s Q1 2026 Update Letter, released today, confirms that first generation Optimus production lines are now well underway at its Fremont, California factory, with a pilot line targeting one million robots per year to start. Of bigger note is a shared aerial image of a large piece of land adjacent to Gigafactory Texas, that Tesla has prominently labeled “Optimus factory site preparation.”
Permit documents show Tesla is seeking to add over 5.2 million square feet of new building space to the Giga Texas North Campus by the end of 2026, at an estimated construction investment of $5 billion to $10 billion. The longer term production target for that facility is 10 million Optimus units per year. Giga Texas already sits on 2,500 acres with over 10 million square feet of existing factory floor, and the North Campus expansion is being built to support multiple projects, including the dedicated Optimus factory, the Terafab chip fabrication facility (a joint Tesla/SpaceX/xAI venture), a Cybercab test track, road infrastructure, and supporting facilities.
Texas makes strategic sense beyond the existing infrastructure. The state’s tax structure, lower labor costs relative to California, and the proximity to Tesla’s AI training cluster Cortex 1 and 2, both located at Giga Texas and now totaling over 230,000 H100 equivalent GPUs, means the Optimus software stack and the factory producing the hardware will share the same campus. Tesla’s Q1 report also confirmed completion of the AI5 chip tape out in April, the inference processor designed specifically to power Optimus units in the field.
As Teslarati reported, the Texas facility is intended to house Optimus V4 production at full scale. Musk told the World Economic Forum in January that Tesla plans to sell Optimus to the public by end of 2027 at a price between $20,000 and $30,000, stating, “I think everyone on earth is going to have one and want one.” He has previously pegged long term demand for general purpose humanoid robots at over 20 billion units globally, citing both consumer and industrial use cases.
Investor's Corner
Tesla (TSLA) Q1 2026 earnings results: beat on EPS and revenues
Tesla (NASDAQ: TSLA) reported its earnings for the first quarter of 2026 on Wednesday afternoon. Here’s what the company reported compared to what Wall Street analysts expected.
The earnings results come after Tesla reported a miss on vehicle deliveries for the first quarter, delivering 358,023 vehicles and building 408,386 cars during the three-month span.
As Tesla transitions more toward AI and sees itself as less of a car company, expectations for deliveries will begin to become less of a central point in the consensus of how the quarter is perceived.
Nevertheless, Tesla is leaning on its strong foundation as a car company to carry forward its AI ambitions. The first quarter is a good ground layer for the rest of the year.
Tesla Q1 2026 Earnings Results
Tesla’s Earnings Results are as follows:
- Non-GAAP EPS –Â $0.41 Reported vs. $0.36 Expected
- Revenues –Â $22.387 billion vs. $22.35 billion Expected
- Free Cash Flow –Â $1.444 billion
- Profit –Â $4.72 billion
Tesla beat analyst expectations, so it will be interesting to see how the stock responds. IN the past, we’ve seen Tesla beat analyst expectations considerably, followed by a sharp drop in stock price.
On the same token, we’ve seen Tesla miss and the stock price go up the following trading session.
Tesla will hold its Q1 2026 Earnings Call in about 90 minutes at 5:30 p.m. on the East Coast. Remarks will be made by CEO Elon Musk and other executives, who will shed some light on the investor questions that we covered earlier this week.
You can stream it below. Additionally, we will be doing our Live Blog on X and Facebook.
Q1 2026 Earnings Call at 4:30pm CT https://t.co/pkYIaGJ32y
— Tesla (@Tesla) April 22, 2026
