Connect with us

News

Tesla Model 3 owned by Motortrend staff highlights a real-life adventure

Credit: Jade Nelson | MotorTrend

Published

on

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.

Advertisement
-

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.

Advertisement
-

Lau’s year-long adventure with the Tesla Model 3 Performance can be found here.

Joey has been a journalist covering electric mobility at TESLARATI since August 2019. In his spare time, Joey is playing golf, watching MMA, or cheering on any of his favorite sports teams, including the Baltimore Ravens and Orioles, Miami Heat, Washington Capitals, and Penn State Nittany Lions. You can get in touch with joey at joey@teslarati.com. He is also on X @KlenderJoey. If you're looking for great Tesla accessories, check out shop.teslarati.com

Advertisement
Comments

News

Ferrari Luce sold out for 2027 after design controversy

Published

on

Credit: Ferrari

Ferrari’s first electric vehicle, the Luce, is fully sold out for 2027, according to CEO Benedetto Vigna.

Presenting third-quarter results, he stated: “Everything we plan to sell next year is already fully allocated. Client test drives, scheduled for next year, will help further boost demand. We have no critical issues, neither on manufacturing nor on the demand side. Obviously, the car is more complex because it has many new parts and many new technologies.”

First customer deliveries are expected before the end of 2026, with the model already commanding waitlists despite a turbulent debut.

The Luce is a five-seat, four-door liftback saloon—the longest Ferrari ever produced—powered by four electric motors producing approximately 1,035 horsepower.

It features an 800-volt architecture, a 122-kWh battery, a claimed WLTP range of around 329 miles, 0-62 mph acceleration in 2.5 seconds, and a starting price near €550,000 in Europe (roughly $560,800–$615,000 in the U.S. depending on configuration).

Developed in collaboration with Jony Ive and Marc Newson’s LoveFrom studio alongside Ferrari’s own Centro Stile, it represents a deliberate departure from the brand’s traditional mid-engine sports cars toward a more spacious, grand-touring format.

Advertisement
-

Its exterior has proven deeply polarizing. Unveiled in Rome in May 2026, the design features smooth, sweeping surfaces, a large glass roof, and restrained detailing that critics described as bland, generic, or more reminiscent of an Apple product or mass-market EV than a Ferrari.

Ferrari unveils its Luce EV, and its reception has been a disaster

Online reactions included memes comparing it to a Nissan Leaf or Polestar, while former Ferrari chairman Luca di Montezemolo publicly warned of “the destruction of a myth” and suggested the prancing horse logo be removed. Italian politicians and longtime owners joined the chorus of disappointment, and Ferrari’s shares dropped roughly 8% in a single day, erasing billions in market value.

Design experts noted the absence of the brand’s signature tension, aggression, and emotional drama.

Yet the controversy has not translated into weak demand among the ultra-wealthy clientele who actually buy Ferraris. Production volumes remain tightly limited, as reports suggest fewer than 500 units in the current year and a longer-term pace of roughly 600 annually through 2030, preserving exclusivity.

One early chassis sold for $40 million at auction. Vigna has indicated that seeing the car in person, along with upcoming client test drives, is expected to strengthen rather than weaken interest. Ferrari aims for fully electric models to comprise 20 percent of its lineup by 2030, with a second EV now delayed to 2028.

Advertisement
-

For a brand defined by scarcity and desirability, the Luce’s sell-out status suggests that among those who can afford it, the polarizing design has not proven to be a commercial liability.

Continue Reading

Investor's Corner

Musk’s Tesla and SpaceX decline after Democratic Midterm sweep

Published

on

Credit: Grok

Tesla and SpaceX shares fell on Wednesday after Democrats swept both chambers of Congress. The decline stood out as broader market securities recovered and turned positive, while both of Musk’s publicly traded companies lagged.

CEO Elon Musk already joked about the unsuccessful campaigning for the Republicans, but now the new party will make pretty drastic changes to how it handles Tesla and SpaceX, and those companies will adjust their outlook.

Elon Musk hilariously comments on Midterm election results

Let’s take a deeper look.

Tesla ($TSLA)

Tesla shares traded lower during the regular session after Democrats secured both the House and Senate. The stock was down 2.32 percent at around 1:45 p.m. on the East Coast, trading at around $389.30.

The pressure is tied to more than the raw scale of Musk’s political spending, estimated at $450–474 million this cycle with roughly $224 million directed at Texas. In that state, Tesla now faces a Democratic governor and a Democratic senator after Gina Hinojosa unseated Greg Abbott and James Talarico defeated Ken Paxton.

Advertisement
-

The Austin Gigafactory, Robotaxi pilot programs in multiple Texas cities, and any related AI compute expansion sit under a new state executive who campaigned against certain corporate subsidies and floated a moratorium on new data-center construction.

Federally, Democratic control of key committees opens the door to deeper examination of Tesla’s autonomous-driving safety record, federal energy-storage and manufacturing incentives, and the national-security implications of any combination with SpaceX.

Investors are also weighing whether the company’s historically close alignment with the prior Republican leadership will invite slower permitting, additional hearings, or tighter rules on Full Self-Driving deployment.

For Tesla, the political shift adds near-term friction around state permitting and federal regulatory approvals for autonomy and energy storage. A potential merger with SpaceX may face slower review even if it proceeds.

Core growth drivers such as vehicle deliveries, energy deployments, and robotaxi rollout remain intact, yet the stock now carries a higher political-risk premium that could weigh on valuation until the company demonstrates workable relationships with the new Texas leadership and congressional majorities.

SpaceX ($SPCX)

SpaceX shares also declined in live trading on November 4 following the Democratic midterm sweep. The stock traded at $134.97, down 4.49 percent. The drop occurred even as broader indexes stabilized, highlighting a company-specific reaction to the election outcome.

Advertisement
-

Musk’s large contributions, concentrated in Texas races that both companies lost, place SpaceX’s Starbase launch facility and headquarters under a new Democratic governor.

At the federal level, Democratic control of Congress enables greater scrutiny of NASA, the Department of Defense, and other contracts that support a meaningful share of revenue, along with reviews of Starlink national-security uses and any Tesla merger. Analysts have noted that empowered committees can hold hearings and request documents on these relationships.

For SpaceX, the results raise the risk of delayed contract awards, higher compliance costs, and tighter constraints on AI and satellite infrastructure expansion, particularly in Texas where a data-center moratorium has been discussed.

A merger with Tesla could encounter political friction that slows integration of launch, connectivity, and autonomy capabilities.

While Starlink growth and launch cadence continue as primary drivers, the company faces a more contested path for federal funding and state-level operations, requiring management to rebuild ties with the new congressional majorities and Texas leadership to limit the overhang.

Advertisement
-
Continue Reading

News

Tesla registrations in Germany nearly quadruple in October

Published

on

Credit: Tesla Manufacturing | X

Tesla’s new vehicle registrations in Germany rose sharply in October, nearly quadrupling from the same month a year earlier. That’s according to data from the KBA, Germany’s federal motor transport authority.

The KBA reported 2,932 Tesla vehicles registered in October, a 290.9 percent year-over-year- increase. For the first ten months of the year, Tesla’s cumulative registrations reached 47,742 units. This number is up 206.1 percent compared with the January-October period of 2025. These gains occurred against a backdrop of strong overall growth in the BEV sector as a whole.

Germany registered 94,086 new BEVs in October, a 79.5 percent rise that brought the BEV share of the passenger car market to 37 percent of the 254,492 total cars registered that month.

Despite the percentage surge, Tesla’s absolute numbers left it with a 1.2 percent share of all new car registrations for October. Chinese competitors did record higher volumes, as BYD registered 5,173 vehicles, a 2 percent share, Leapmotor with 3,661 cars, which equates to 1.4 percent, and Xpeng had a 0.5 percent share.

Year-to-date through October, BYD edged ahead of Tesla with 47,961 registrations versus Tesla’s 47,742.

The October results follow a notably strong September for Tesla in Germany, when it registered 12,552 vehicles, an increase of roughly 269 percent year-over-year and one of its strongest monthly totals on record in the country. That month, the Model Y led all EVs and ranked among the top-selling vehicles of any powertrain.

The figures form part of a broader recovery in Tesla’s European registrations after an extended period of softer demand. While monthly volumes remain subject to typical quarter-end patterns and competitive pressure from both established European brands and rapidly expanding Chinese manufacturers, the year-to-date growth indicates improved traction in Europe’s largest car market.

Tesla’s Gigafactory Berlin-Brandenburg continues to supply the region, positioning the company to capture a share of the expanding German BEV market as overall EV adoptions looks to be accelerating.

Advertisement
-

Continue Reading