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Tesla Model 3 Performance wins over longtime BMW enthusiast: ‘this is an iPhone moment’
Indie app developer Moshen Chan has been an avid BMW enthusiast for ~20 years. Having a passion for high-speed driving, he has spent a lot of time experiencing the legacy automaker’s Ultimate Driving Machines firsthand. Moshen now drives a Tesla Model 3 Performance, after a test drive with the electric sedan proved that it was a powerful, feature-ridden, and compelling vehicle that could very well be beyond anything that the German veteran automaker currently has to offer.
The indie app developer shared his experience in a series of lengthy posts on a BMW forum, Bimmerfest.com. Chan notes that over the years, he has driven several BMWs, and today, he owns a modified E36 325i with track suspension setup, as well as an E82 135i with Performance Suspension and several other M3 suspension part upgrades. Being in the market for a new vehicle, he was looking at the BMW M2 Competition, the latest iteration of the BMW M3, and lastly, the Tesla Model 3 Performance.
The test drive with the Model 3 Performance proved to be the difference-maker. The BMW enthusiast stated that he was simply blown away by the vehicle, from its hyper-low center of gravity, its low polar moment of inertia, to its silent, instant, brutal acceleration. Chan stated that Tesla ultimately “threw a curve-ball to everything (he) knew about sport sedans & performance cars” and that overall, the Model 3 Performance “absolutely outperforms anything BMW has to offer today.” The app developer further noted that his test drive with the Model 3 Performance was an “iPhone moment.”
“I can say I was very hesitant on the ultra minimalist interior but now I absolutely love it. For me this is an iPhone moment – when a new product suddenly makes everything else seem outdated and old,” Chan wrote.
The indie app developer admits that his Model 3 Performance is not a perfect car and that Tesla still has a lot to learn in terms of customer service, delivery, and providing enough spare parts for its ever-growing fleet. Despite these, Chan noted that he has no regrets with the Model 3 Performance, as the car has now taken over the mantle of the “Ultimate Driving Machine,” at least in terms of his current standards.
“BMW has better build quality. It has more refined finishing and details. That stuff makes me feel good, I guess. But for me, it’s the driving experience that really matters. The overall package of what the Performance Model 3 does for me – greatly makes up for those areas that BMW is better at,” he wrote.
The BMW enthusiast notes that he is not the only one in his circle who committed to the Model 3 Performance. One of his acquaintances, a driving instructor for his local BMW CCA, is selling his M3 and ordering the electric sedan after a test drive as well. Chan, for his part, notes that he would still be keeping his E36 325i for days when he feels like driving a manual transmission, but his E82 135i is going up for sale soon.
The Model 3 Performance is Tesla’s latest high-performance vehicle. Being the first P-branded model fitted with the company’s 2170 cells, the Model 3 Performance is looking to be the first of Tesla’s vehicles that can be driven hard for extended periods of time. When Elon Musk announced the vehicle’s specs, he noted that the electric sedan would be ~15% faster than a BMW M3 around the track. Later reviews of the car from prominent auto publications such as Car & Driver and Road & Track have compared the Model 3 Performance favorably to Germany’s best high-performance sedans like the BMW M3 and the Audi RS5 as well.
It should be noted that the Model 3 Performance’s killer feature has not been rolled out to the fleet as of yet. Tesla has revealed that the Model 3 Performance would eventually be given a dedicated Track Mode, which Elon Musk dubs as an “Expert User Mode” for the vehicle. Initial tests of Track Mode have been positive so far, with reviewers stating that the feature allows drivers to perform advanced, aggressive driving maneuvers (such as drifting) without any issues.
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Even without Track Mode, the Model 3 Performance is already establishing itself as a quick, capable vehicle, and one that is seemingly more powerful than what Tesla suggests. The electric car’s 0-60 mph acceleration, for one, is listed as 3.5 seconds by the company, but VBOX tests on a fully charged, completely stock Model 3 Performance show that the vehicle is capable of going from 0-60 mph in just 3.18 seconds. With an upgraded suspension setup, better tires, and Tesla’s future software updates, it would not be too improbable look forward to a Model 3 Performance doing 0-60 in 3 seconds flat.
Elon Musk
The Boring Company’s newest tunnel vehicle runs on Tesla parts and no one is driving it
The Boring Company’s new tunnel vehicle runs on Tesla Model 3 batteries and drive units.
The Boring Company just introduced a new piece of hardware, and it runs on parts pulled straight from a Tesla showroom. Liner Truck 3, unveiled in a post from the tunneling company’s official X account, is an all electric vehicle built around Tesla Model 3 battery packs and drive units, purpose built to move concrete tunnel segments to the boring machine face without a single person underground.
Introducing Liner Truck 3 — our latest fully electric tunnel vehicle.
– Tesla Model 3 battery and drive units
– Transports 22,000+ lb of concrete segments to the boring machine
– 28 miles of range
– 12 mph max operating speed
– Remotely piloted from Global OCC in Texas, with… pic.twitter.com/XB7FgSXnpy— The Boring Company (@boringcompany) August 7, 2026
The job itself is unglamorous but critical. Each precast segment run weighs more than 22,000 pounds, roughly the load of a full cement mixer, and Liner Truck 3 hauls that weight repeatedly between the surface staging area and wherever the Prufrock machine happens to be cutting.
The Boring Company said Liner Truck 3 is piloted remotely out of its Global Operations Control Center in Texas, extending the Zero-People-In-Tunnel approach the company has spent years building toward. An earlier version of a ZPIT liner truck was already tested at the company’s Bastrop, Texas research tunnels, and a factory tour released last month showed an employee flying a fully loaded liner truck with a PlayStation controller. Liner Truck 3 looks like the production version of that same idea, cleaned up and pushed into daily use.
The timing lines up with a company digging in more places than it ever has before. The Boring Company now has multiple Prufrock machines active or arriving in Nashville, where Music City Loop construction has been accelerating since February, and its Vegas Loop network keeps adding tunnel mileage on a near monthly basis. Every one of those projects depends on getting concrete segments to the cutting face fast enough to keep the boring machine from idling, which is exactly the bottleneck Liner Truck 3 is designed to remove.
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It also reinforces something Tesla owners have watched happen gradually across Musk’s companies: passenger car hardware finding a second life in heavy equipment. Model 3 drive units already move people through the Vegas Loop, and now the same components are hauling concrete underground in Nashville and wherever The Boring Company digs next. Whether that kind of component reuse extends further into TBC’s equipment lineup, or into other Musk owned industrial hardware, is the next thing worth watching.
SpaceX stock did the opposite of what most of Wall Street expected this week, when the day designed to be its most dangerous turned into a rally, and the rally kept going.
Thursday marked the first major lockup expiration since SpaceX’s June IPO, making roughly 911.5 million insider held shares eligible to trade for the first time, more than doubling the company’s public float. Analysts and short sellers had spent weeks bracing for a flood of selling, especially after the stock fell 13 percent following its first earnings report as a public company on Tuesday. Instead, shares rose 6.1 percent Thursday to close at $114.92, and by Friday they were trading near $129, up more than another 12 percent on the day.
SpaceX shorts get warned by Musk ally, echoing Tesla’s early struggles
The setup made the outcome notable. Short interest had climbed to roughly 34 percent of the float heading into earnings, among the highest of any large cap stock, with about 95 percent of available shares to borrow already on loan. CEO Elon Musk warned short sellers twice in the weeks before the lockup, writing on X that “the survival probability of firms who maintain a significant short position in SpaceX over time is very low,” then following up on the morning of earnings with “I try to warn them, but they just double down.”
When the newly unlocked shares hit the market and the selloff never showed up, some of that short position appears to have started unwinding. TipRanks reported that options activity shifted toward bullish strategies like put selling and risk reversals following the rally, with roughly $600 million in options premium trading Thursday alone. Retail buyers also stepped in during the earnings dip, according to Vanda Research.
The fundamentals behind the stock have not changed much in a week. SpaceX’s revenue nearly doubled year over year to $7.8 billion, with Starlink subscribers doubling to 12 million and the company’s AI segment growing 247 percent. What spooked investors on Tuesday was the spending side. Capital expenditures jumped to more than $18 billion for the quarter, up from $2.8 billion a year earlier, with AI investment alone rising from $749 million to $15.8 billion. Wall Street remains split on whether that spending is building infrastructure SpaceX needs or outrunning what the business can currently support, a debate Teslarati has tracked since shares first came under pressure.
None of that resolves the bigger question hanging over the stock. Thursday’s release was only the first of nine staggered lockup tranches, with roughly $800 billion worth of additional shares scheduled to become eligible through October, and Musk’s own stake stays locked until next June. If this week is any indication, the market is treating that supply as something it can absorb rather than something to fear, at least for now.
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News
The Boring Company’s newest Vegas Station has a permit quietly waiting behind it
Sahara Las Vegas opened a new Vegas Loop station, joining an exclusive two resort transit club.
Sahara Las Vegas opened a new Vegas Loop station Thursday, giving The Boring Company’s underground transit system its northernmost stop yet on the Strip. The station sits at Sahara’s Paradise Road entrance, on the southeast corner of Las Vegas Boulevard and Sahara Avenue, and connects riders to the Las Vegas Convention Center, other Strip resorts on the network and, eventually, Harry Reid International Airport.
The addition makes Sahara the second resort, after Fontainebleau opened its own station in January, to get a stop built at street level rather than tucked into the property itself. Sahara now joins Westgate as the only two Strip resorts offering both a Vegas Loop station and a stop on the Las Vegas Monorail, giving guests two separate ways to get around without leaving the property.
The Boring Company just doubled its tunneling power in Nashville
The bigger news buried in Thursday’s announcement is what comes next. Boring Company has already secured its first permit to tunnel north of Sahara Avenue, extending the network beyond where it currently ends, even though permits to push the Loop toward downtown Las Vegas still haven’t been granted. Crews are also working on a two mile dual tunnel line running from Westgate to a planned station at 4744 Paradise Road, just north of Tropicana Avenue, that Las Vegas Convention and Visitors Authority CEO Steve Hill has said the company hopes to open in time for November’s Las Vegas Grand Prix.
Ridership has grown alongside the buildout. The Loop moved roughly 82,000 passengers during CONEXPO in early March, a total the company highlighted on its own X account at the time, and the system has now carried more than 4 million passengers through 11 open stations since it began running in 2021. The airport connector tunnels, meant to give the Loop a direct link to Harry Reid, have slipped past their original first quarter target and remain under construction, with Boring Company director Mike Baier saying that a full opening is still a few months out.
For Sahara, the calculation is straightforward. Convention traffic drives a large share of Loop ridership, and a station at the property’s front door gives conventiongoers one more reason to book rooms on the Strip’s north end instead of closer to the convention center itself.
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The Boring Company’s newest tunnel vehicle runs on Tesla parts and no one is driving it
Elon Musk and SpaceX shrugs off the trading day Wall Street feared most
