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Unplugged Performance Tesla Model 3 sets record ahead of Pikes Peak attempt
The Tesla Model 3 Performance is already a track weapon straight out of the factory. With Track Mode, a stock Model 3 Performance could completely dominate high performance sedans on the closed circuit. But with special parts that are designed to increase the vehicle’s track capability even further, the Model 3 Performance becomes something that is downright frightening.
Around two weeks ago, Tesla aftermarket specialist and tuning house Unplugged Performance announced its entry to the esteemed Pikes Peak International Hill Climb with legendary racer driver Randy Pobst behind the wheel. Pobst is the perfect driver for such an event, considering that he was directly involved with Tesla’s creation of the Model 3 Performance’s Track Mode. With Pobst behind the wheel, Unplugged Performance’s Model 3 has the potential to complete the Pikes Peak Hill Climb, and possibly surprise a number of critics along the way.
Interestingly enough, the Unplugged Performance team did not have a car for the event when it made its Pikes Peak Hill Climb announcement. Such a vehicle was only picked up on the night of July 17, and later equipped with the company’s Ascension R package. Unplugged Performance’s Ascension R kit made its debut with Tesla owner enthusiast Erik Strait’s Model 3, which was sent to Japan earlier this year. Strait’s vehicle, the first of the company’s Ascension R units, set records in Japan during its brief stay in the country.
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- Tesla Model 3 equipped with Unplugged Performance’s Ascension R package. (Credit: Unplugged Performance)
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- Tesla Model 3 equipped with Unplugged Performance’s Ascension R package. (Credit: Unplugged Performance)
Tesla Model 3 equipped with Unplugged Performance’s Ascension R package. (Credit: Unplugged Performance)
The Model 3 picked up by the Unplugged Performance team on July 17 would become the company’s second Ascension R unit. The modification of the Model 3 Performance would begin on July 20 and end on Fright night, July 24. With the car completed, the team drove over to Buttonwillow on Autopilot to ensure that the trip was as safe as possible. At around 2 a.m. on July 25, the Model 3 Ascension R took its first charge. Interestingly enough, July 25 also happened to be the day of TeslaCorsa 9, an event where Tesla owners get together for a day on the track.
In a message to Teslarati, the Unplugged Performance team stated that they did not really expect the freshly modded Model 3 to set new records right out of the bat. The vehicle’s driver, Oscar Jackson Jr., after all, has never driven a Tesla prior to the event. Jackson was used to racing vehicles like the Porsche GT3 RS, but he did not have any experience with high performance EVs stepping into the Model 3. It was then surprising to see that before lunchtime, Unplugged Performance’s Model 3 Ascension R broke the record for fastest production Tesla on street tires on the Buttonwillow track, running a 1:54.266 on 200 tread wear tires.
What was even more interesting was that later during the day, the Model 3 recorded an even more impressive lap despite its battery being halved. The team equipped the Model 3 with Pirelli slicks, and the vehicle ended up running a 1:53.277 lap despite a 50% state of charge. In a statement following his experience, Jackson, noted that he was incredibly impressed with the Tesla Model 3. According to the racer, the Model 3 was already a great car from the factory, but with an additional boost from Unplugged Performance’s parts, the vehicle had the potential to rival even the best track weapons available today.
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- Tesla Model 3 equipped with Unplugged Performance’s Ascension R package. (Credit: Unplugged Performance)
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- Tesla Model 3 equipped with Unplugged Performance’s Ascension R package. (Credit: Unplugged Performance)
Tesla Model 3 equipped with Unplugged Performance’s Ascension R package. (Credit: Unplugged Performance)
“It was a pretty mind blowing experience to have this be my first time driving a Tesla. Despite it being a shakedown day for Unplugged’s latest build, the car was surprisingly well sorted and it inspired immediate confidence. The brakes in particular were a big surprise given that the car is a lot heavier than what I’m used to racing with. Unplugged’s “BFB” carbon ceramic kit allowed me to brake deep into the corner and I found myself using braking points comparable to what I use when racing the Porsche GT3 RS and spec Miatas!
“The car was already really well prepared so we did not need to change much. The suspension was great off the bat and really well dialed-in. As the day progressed, we simply raised the rear up a little and added a bit more compression. Since the car was factory power and factory traction control I found myself being interrupted by the car’s nannies… Overall the car is a rocket ship (no SpaceX pun intended)! If I had more time with it I’m certain I can go a lot faster. I’m looking forward to my next time behind the wheel of it!” he said.
Watch a rather entertaining run of Unplugged Performance’s Model 3 Ascension R in the video below.
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Another Tesla Model 3 variant sold out for January 2026 in China
A look at Tesla China’s order page shows that new Model 3 LR RWD orders now have an estimated delivery date of February 2026.
Another Tesla Model 3 variant in China appears to have sold out for January 2026, with the vehicle now showing an estimated delivery date of February 2026 for new orders. This bodes well for the all-electric sedan, which has maintained notable sales despite more affordable rivals like the Xiaomi SU7 and its crossover sibling, the Model Y.
Model 3 LR RWD joins February 2026 queue
A look at Tesla China’s order page for the all-electric sedan shows that new Model 3 Long Range Rear Wheel Drive orders now have an estimated delivery date of February 2026. Priced from RMB 259,500 ($36,810), the LR RWD sits as the second-lowest-priced trim in Tesla China’s four-variant Model 3 lineup. The move follows a similar delivery timeframe for the Model 3 Performance, which remains the most expensive option for the vehicle, as noted in a CNEV Post report.
The estimated delivery dates of the two remaining Model 3 variants remain unchanged for now. The base RWD version, starting at RMB 235,500, and the LR AWD variant, priced from RMB 285,500, both continue to list estimated delivery times of 4-6 weeks. Tesla China, for its part, has continued to list in-stock Model 3 vehicles and is actively encouraging buyers to select inventory units for delivery before the end of the year.
Model Y delays and policy shifts
Delivery timelines for the Model Y in China are also stretching into 2026. All customized Model Y variants now show February 2026 as their estimated delivery date, except for the entry-level version, which still lists January 2026. Tesla has been urging customers since November to prioritize purchasing inventory vehicles, a push aimed at maximizing year-end deliveries.
Timing matters for Chinese buyers due to upcoming changes in government incentives. China’s new energy vehicle purchase tax exemption will be scaled back in 2026, which means customers who take delivery next year could face higher tax costs compared to those who are able to receive vehicles before the end of the year.
As per data from the China Passenger Car Association, Tesla recorded retail sales of 73,145 vehicles in November, down 0.47% year over year. From January through November, Tesla’s retail sales in China totaled 531,855 units, a 7.37% year-over-year drop.
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Wedbush’s Dan Ives sees ‘monster year’ ahead for Tesla amid AI push
In a post on X, the analyst stated that the electric vehicle maker could hit a $3 trillion market cap by the end of 2026 in a bullish scenario.
Wedbush analyst Dan Ives is doubling down on Tesla’s (NASDAQ:TSLA) long-term upside. In a post on X, the analyst stated that the electric vehicle maker could hit a $3 trillion market cap by the end of 2026 in a bullish scenario, thanks to the company’s efforts to develop and push its artificial intelligence programs.
An aggressive valuation upside
Ives, Wedbush’s global head of tech research, stated in his post that Tesla is entering a pivotal period as its autonomy and robotics ambitions move closer to commercialization. He expects Tesla’s market cap to reach $2 trillion in 2026, representing roughly 33% upside from current levels, with a bull case up to a $3 trillion market cap by year-end.
Overall, Ives noted that 2026 could become a “monster year” for TSLA. “Heading into 2026, this marks a monster year ahead for Tesla/Musk as the autonomous and robotics chapter begins. We believe Tesla hits a $2 trillion market cap in 2026 and in a bull case scenario $3 trillion by end of 2026… as the AI chapter takes hold at TSLA,” the analyst wrote.
Ives also reiterated his “Outperform” rating on TSLA stock, as well as his $600 per share price target.
Unsupervised Full-Self Driving tests
Fueling optimism is Tesla’s recent autonomous vehicle testing in Austin, Texas. Over the weekend, at least two Tesla Model Ys were spotted driving on public roads without a safety monitor or any other occupants. CEO Elon Musk later confirmed the footage of one of the vehicles on X, writing in a post that “testing is underway with no occupant in the car.”
It remains unclear whether the vehicle was supported by chase cars or remote monitoring, and Tesla has not disclosed how many vehicles are involved. That being said, Elon Musk stated a week ago that Tesla would be removing its Safety Monitors from its vehicles “within the next three weeks.” Based on the driverless vehicles’ sightings so far, it appears that Musk’s estimate may be right on the mark, at least for now.
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Production-ready Tesla Cybercab hits showroom floor in San Jose
Tesla has implemented subtle but significant updates to both the Cybercab’s exterior and interior elements.
Tesla has showcased what appears to be a near-production-ready Cybercab at its Santana Row showroom in San Jose, California, giving visitors the closest look yet at the autonomous two-seater’s refined design.
Based on photos of the near-production-ready vehicle, the electric vehicle maker has implemented subtle but significant updates to both the Cybercab’s exterior and interior elements, making the vehicle look more polished and seemingly more comfortable than its prototypes from last year.
Exterior and interior refinements
The updated Cybercab, whose photos were initially shared by Tesla advocate Nic Cruz Patane, now features a new frameless window design, an extended bottom splitter on the front bumper, and a slightly updated rear hatch. It also includes a production-spec front lightbar with integrated headlights, new wheel covers, and a license plate bracket.
Notably, the vehicle now has two windshield wipers instead of the prototype’s single unit, along with powered door struts, seemingly for smoother opening of its butterfly doors. Inside, the Cybercab now sports what appears to be a redesigned dash and door panels, updated carpet material, and slightly refined seat cushions with new center cupholders. Its legroom seems to have gotten slightly larger as well.
Cybercab sightings
Sightings of the updated Cybercab have been abundant in recent months. At the end of October, the Tesla AI team teased some of the autonomous two-seater’s updates after it showed a photo of the vehicle being driven through an In-N-Out drive-through by employees in Halloween costumes. The photos of the Cybercab were fun, but they were significant, with longtime Tesla watchers noting that the company has a tradition of driving its prototypes through the fast food chain’s drive-throughs.
Even at the time, Tesla enthusiasts noticed that the Cybercab had received some design changes, such as segmented DRLs and headlamps, actual turn signals, and a splitter that’s a lot sharper. Larger door openings, which now seem to have been teasing the vehicle’s updated cabin, were also observed at the time.
Another Tesla Model 3 variant sold out for January 2026 in China
Wedbush’s Dan Ives sees ‘monster year’ ahead for Tesla amid AI push
