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Tesla Model 3 Performance endures 31 hard launches with no throttling
The Tesla Model 3 could be considered as the electric car maker’s endurance champion in its current lineup. Not quite as quick as a Model S or Model X Performance in Ludicrous Plus Mode but capable of being driven hard for extended periods in a racetrack, the Model 3 Performance is a vehicle that has charmed even the staunchest gearheads of motoring media. Top Gear host Chris Harris, for one, described the Model 3 Performance as an “AK-47 disguised as a butter knife” during his review of the vehicle, which he found to be too plain in design compared to comparable ICE cars like the BMW M3. It should be noted that after his review, Harris noted on Twitter that he will be buying a Model 3 Performance for himself soon.
The Model 3’s endurance, both on the track and the highway, has been tested and proven by professionals and enthusiasts alike. Tesla and electric vehicle veteran Bjorn Nyland tested the Model 3 in the Autobahn last June, going flat at full speed in an attempt to overheat the car. He failed. The same is true for other reviewers such as Harris, who pitted the Model 3 Performance against the BMW M3-beating Alfa Romeo Giulia Quadrifoglio in a time attack battle. True to Elon Musk’s statements on Twitter, the Model 3 Performance, thanks to its instant torque that allows the vehicle to launch from 0-60 mph in 3.2 seconds, soundly beat the Giulia Q4 in a closed circuit.
Last week, Porsche made headlines when the company allowed Fifth Gear and Fully Charged host Jonny Smith to take one of its Taycan Turbo pre-production vehicles for a launch mode repeatability test. Conducted on an empty airfield, the test involved the EV veteran launching the Taycan Turbo at max power 26 times with no power throttling. The exhibition was impressive, and it invoked just how much work Porsche has put into the Taycan and its development. The Taycan’s feat also brought comparisons to Tesla’s Model S P100D, which was quicker off the line with its 0-60 mph time of 2.4 seconds, but is prone to limiting its power after multiple max power launches.
After watching the Taycan’s demonstration, Tesla owner Patrick Lawson opted to see if his vehicle, a Tesla Model 3 Performance, could accomplish multiple max power launches without losing power as well. Accompanied by his son, Lawson headed to a (mostly) empty stretch of road to test the endurance of his Model 3. In a message to Teslarati, the Tesla owner noted that with Track Mode on, he figured that his vehicle should be able to perform comparably to the Taycan.
By the 10th 0-60 mph test, Lawson noted that he was already feeling the effects of the Model 3’s multiple hard launches. The father and son duo continued over the next 30 minutes, hitting 31 consecutive launches in the Model 3. At that point, Lawson noted that his son was probably good for about 10 more launches, but that was about all he could handle. Interestingly, the Model 3 Performance, just like the Porsche Taycan Turbo, did not throttle its power at all. The 31st launch registered a 0-60 mph time of 3.11 seconds, which is in the same territory as the Taycan Turbo.
Granted, Lawson’s test did not involve the same parameters as Fully Charged’s test of Porsche’s all-electric car. The Taycan Turbo, for one, performed 26 runs that topped up at speeds of 200 kph (124 mph), while Lawson’s Model 3 Performance test only involved 31 0-60/0-70 mph runs. Nevertheless, it should be noted that the Tesla owner’s tests were conducted on a public road in the United States, which usually have speed limits of around 60-70 mph.
The Tesla Model 3 could be considered, in more ways than one, as a Trojan Horse of sorts. While the vehicle is considered as the “cheaper” Tesla (and this is accurate, of course), and while the vehicle experienced a notable period of anti-selling by the company, the electric car has been showing signs that there is more to it than meets the eye. With track capability and a price point that is notably more affordable than other premium EVs in the market, the Model 3 will likely be the vehicle that ultimately brings electric cars into the mainstream.
Watch Partick Lawson and his son’s Tesla Model 3 Performance 31-launch endurance test in the video below.
Tesla CEO Elon Musk posted a photo of himself standing with the Optimus production team inside Tesla’s Fremont factory, arms crossed amid workers in hard hats and safety vests. The image captures a pivotal industrial shift: the same facility space once dedicated to building Tesla’s flagship Model S sedan and Model X SUV is now home to the company’s humanoid robot manufacturing line.
Walking the Optimus production line in Fremont pic.twitter.com/ABS0tuRibW
— Elon Musk (@elonmusk) July 1, 2026
Tesla’s Fremont Factory, acquired in 2010 from the former NUMMI joint venture between Toyota and GM, has been the company’s original U.S. manufacturing hub since Model S production began in 2012.
The Model X followed soon thereafter. These premium vehicles offered lower annual volumes, recently around 30,000 combined, compared to the high-volume Model 3 and Model Y lines that continue around the site. Over their combined run, the S and X accounted for roughly 610,000 units.
In late January 2026, during Tesla’s Q4 2025 earnings call, Elon Musk announced the end of Model S and Model X production in Q2 2026. The final vehicles rolled off the line in early May. Rather than retooling for another vehicle, Tesla chose to convert the dedicated S/X assembly area into a dedicated Optimus Gen 3 production line.
Model 3 and Y manufacturing remains unaffected. Tesla’s official Fremont Factory page now lists Optimus alongside the 3 and Y as core products.
The conversion was executed with remarkable speed. After production stopped, crews dismantled the existing vehicle line and installed entirely new modular equipment—including lines sourced from Germany and dozens of sub-lines for actuators, batteries, and other components—in roughly four months.
Musk described the timeline as “insanely fast,” noting it would be unprecedented for any other manufacturer. Initial Optimus output is expected to ramp slowly due to the robot’s roughly 10,000 unique parts and the brand-new production processes involved. The Fremont line targets an eventual capacity of 1 million Optimus units per year.
Tesla isn’t joking about building Optimus at an industrial scale: Here we go
Optimus Development Timeline
- August 19, 2021: Optimus (then called Tesla Bot) formally announced at Tesla’s first AI Day. A concept video showed a person in a suit demonstrating the vision for a general-purpose humanoid capable of dangerous, repetitive, or boring tasks using the same AI architecture as Full Self-Driving.
- 2022: Early prototypes displayed. At the second AI Day in September, semi-functional units demonstrated walking across a stage and basic arm movements
- 2023: September videos showed improved capabilities, including sorting colored blocks, precise limb awareness, and holding a Yoda pose.
- 2024-early 2025: Factory integration videos showed Optimus navigating workspaces and handling objects like battery cells.
- January 2026: Gen 3 mass-production activities began at Fremont, with reports of over 1,000 Gen 3 units already operating inside the factory for real-world learning and AI training
- April 2026: Musk confirms Optimus production on converted Fremont line would begin in late July or August 2026. The Gen 3 reveal, originally eyed for Q1, was pushed closer to production start. A second, much larger Optimus factory at Giga Texas is under construction, with volume production targeted for Summer 2027 and long-term capacity of 10 million units annually
- July 1, 2026: Musk’s on-site visit and team photo confirm the Optimus line is operational and the transition is actively progressing
Tesla positions Optimus as potentially its largest project ever, leveraging vertical integration, AI expertise, and car-like manufacturing know-how to scale humanoid robots first for its own factories and later for broader industrial and consumer use.
The Fremont conversion serves as a critical proving ground for this ambitious new chapter in Tesla’s already-rich history.
Investor's Corner
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
Tesla short seller Michael Burry, the subject of the film “The Big Short,” where he was portrayed by Steve Carell, has revealed he has opened a new bet against the stock.
In a new update to his Substack newsletter in a post titled “Trading Post June 30, 2026,” Burry revealed a new set of bets against Tesla, Caterpillar, NVIDIA, Applied Materials Inc., and the iShares Semiconductor ETF.
In regard to Tesla, Burry wrote:
“And finally I shorted Tesla at 416.22. Happy it jumped back to this level.”
This means Burry likely opened his new short position after the company’s recent rally on Wall Street, which saw Tesla shares sink in mid-May, only to recover to well over the $400 mark. Currently, shares trade at around $427.
The company saw a big Tuesday as shares climbed considerably, over 10 percent. The size of the Tesla short was not provided, nor did Burry give any information on the position’s structure, the number of shares, dollar value, or whether options were used in the short.
The Tesla and SpaceX merger everyone is talking about is quietly building
Over the years, Burry has been one of the more vocal critics of Tesla, calling its share price “media inflated,” and saying it was “ridiculously overvalued” as recently as December.
The company has largely transitioned away from being known as an automotive company and instead is much more widely regarded as an AI play, mostly due to its Full Self-Driving efforts, Optimus robot development, and data collection related to both.
This has not pulled those skeptics away from being vocal about their distaste for how Tesla is valued, but there’s no denying that the company is a global force in many things, including sustainable energy, automotive, and AI.
Wedbush Securities is initiating stock coverage on SpaceX (NASDAQ: SPCX), marking the first comments on the company since it went public several weeks ago. Wedbush and its analyst handling coverage, Dan Ives, are widely bullish on fellow Musk company Tesla (NASDAQ: TSLA).
Ives wrote his first note initiating coverage of SpaceX shares on Wednesday with a $190 price target and an ‘Outperform’ rating. The firm believes the company is well positioned off of its IPO because of its wide array of projects, including AI compute power and infrastructure, connectivity projects, and launches.
“We view SpaceX as one of the most differentiated assets within the tech market with a strong footprint across its three core markets, with Starlink driving success with connectivity,” Ives wrote, “Starship launches leading to a demand flywheel and increasing deal flow for its Colossus clusters.”
Elon Musk called it Epic: The full story of SpaceX’s Starship Flight 12
Wedbush leans heavily on Starlink, which they say is the “profitability driver given the strength of its recurring revenue base of ~12 million subscribers as of June 5th.” Ives believes Starlink is still in the “early innings” of penetrating the global telecommunications and broadband market, as it only holds less than a 1 percent share. However, this number is sure to increase over time.
It also highlights the importance of Starship, which it says is an “essential layer” of SpaceX’s overall success. SpaceX developing and displaying the ability to reuse rockets is a major cost and reliability advantage “as it reduces the necessary hardware launch costs while generating a feedback loop for future flights to improve their launch flight rate without accelerating capex spend.”
Finally, SpaceX’s recent AI/Compute projects are also very elementary, Ives writes. It is worth mentioning Wedbush said its $190 price target is derived from a valuation forecast that sees the company yielding roughly $2.48 trillion of implied enterprise value.
There are also some factors that Wedbush did not take into account with its initial coverage. The firm wrote in the note:
“We note that there is optional value coming from Starship’s accelerating scale towards sub-$200/kg unit economics, orbital data centers, and enterprise AI monetization as these factors could drive meaningful upside but these face major hurdles, so we do not take that into account with our valuation.”
SpaceX shares are down just over 2 percent today, trading at around $167 at the time of publication.
Tesla Optimus project fires up as Musk sees production line progress
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
