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Tesla Model 3 Power Sports wheel with aero cover makes grand debut in China as test drives begin

Model 3 Performance Power Sports Wheels on display in China. | Credit: Twitter/@ShanghaiJayin

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7 years ago

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Test drives of the Tesla Performance Model 3 opened yesterday in Shanghai and, as to be expected, pictures of the Chinese variation of the electric car have surfaced online. In photos shared by Twitter user JayinShangahai, in-person glimpses have been captured of the vehicle, including the new 19-inch “Power Sports” wheels, both with and without their aero covers. The Model 3 wheel variation was first spotted in Tesla’s online vehicle configurator for the Chinese market but isn’t yet available in the US.

The Power Sports wheels are said to increase range efficiency and, when used with their aerodynamic hubcaps, “better adapt to different road conditions”, per their description on Tesla’s Chinese Model 3 Design Studio. A similar performance wheel variation is offered in the US market, however the size and appearance are slightly different. The Aero Wheels offered for the North American Model 3 are 18″ as opposed to the 19″ size of the Power Sports version, and the overall design has been reworked from a 5-hole, black/grey style to a 7-hole, silver/grey style. It should also be noted that the Power Sports wheel is only offered on the Model 3 Performance – the Long Range AWD variation will come with either the Aero Wheels or Sports Wheels styles found in North American versions.

The first batch of Tesla’s Performance Model 3 China edition vehicles arrived about a week ago in Hong Kong. Per the online configurator, delivery of the Dual Motor Model 3 variation is supposed to begin sometime in March, and an additional Standard Range version is slated for mid-2019, completing the full Tesla lineup available to the company’s Chinese customers. The still-unreleased Model Y crossover SUV was originally thought to be part of the all-electric car maker’s coming production plans in China, but in yesterday’s 2018 Full Year Report, Tesla indicated that Gigafactory 1 in Sparks, Nevada would likely be the initial manufacturing site.

Tesla is likely planning on deliveries into China being short-lived in favor of in-country production at its recently ground broken Gigafactory 3 in Shanghai, primarily as a matter of financial sense. An extra 25% import tariff is placed on cars originating in the US, significantly increasing the price of any American vehicles brought into the country. China recently agreed to suspend the extra tariff; however, the suspension is scheduled to end on April 1, 2019. Tesla adjusted their vehicle pricing accordingly with the hope of using the lower tariff advantage to ramp up sales, a plan which was successful. Even still, though, general import taxes remain in force, meaning the electric vehicle manufacturer would need to further reduce tax barriers to truly expand and compete throughout China. Manufacturing Tesla’s cars in Shanghai would accomplish this.

The Tesla Model 3 Performance is expected to become a strong contender in China’s high-performance sedan market. With a 0-60 mph acceleration time of 3.5 seconds offered at a rival-undercutting price of 560,000 RMB (around $81,000), the value of the vehicle overall speaks for itself. Once Gigafactory 3 is up and running – initial construction is expected to be completed this summer – it is anticipated to reach high volume production shortly thereafter and enter the Chinese market as a true local competitor for other manufacturers doing business in the country.

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Accidental computer geek, fascinated by most history and the multiplanetary future on its way. Quite keen on the democratization of space. | It's pronounced day-sha, but I answer to almost any variation thereof.

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Cybertruck

Tesla analyst claims another vehicle, not Model S and X, should be discontinued

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January 29, 2026

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Credit: Tesla

Tesla analyst Gary Black of The Future Fund claims that the company is making a big mistake getting rid of the Model S and Model X. Instead, he believes another vehicle within the company’s lineup should be discontinued: the Cybertruck.

Black divested The Future Fund from all Tesla holdings last year, but he still covers the stock as an analyst as it falls in the technology and autonomy sectors, which he covers.

In a new comment on Thursday, Black said the Cybertruck should be the vehicle Tesla gets rid of due to the negatives it has drawn to the company.

The Cybertruck is also selling in an underwhelming fashion considering the production capacity Tesla has set aside for it. It’s worth noting it is still the best-selling electric pickup on the market, and it has outlasted other EV truck projects as other manufacturers are receding their efforts.

Black said:

“IMHO it’s a mistake to keep Tesla Cybertruck which has negative brand equity and sold 10,000 units last year, and discontinue S/X which have strong repeat brand loyalty and together sold 30K units and are highly profitable. Why not discontinue CT and covert S/X to be fully autonomous?”

On Wednesday, CEO Elon Musk confirmed that Tesla planned to transition Model S and Model X production lines at the Fremont Factory to handle manufacturing efforts of the Optimus Gen 3 robot.

Musk said that it was time to wind down the S and X programs “with an honorable discharge,” also noting that the two cars are not major contributors to Tesla’s mission any longer, as its automotive division is more focused on autonomy, which will be handled by Model 3, Model Y, and Cybercab.

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Tesla begins Cybertruck deliveries in a new region for the first time

The news has drawn conflicting perspectives, with many Tesla fans upset about the decision, especially as it ends the production of the largest car in the company’s lineup. Tesla’s focus is on smaller ride-sharing vehicles, especially as the vast majority of rides consist of two or fewer passengers.

The S and X do not fit in these plans.

Nevertheless, the Cybertruck fits in Tesla’s future plans. Musk said the pickup will be needed for the transportation of local goods. Musk also said Cybertruck would be transitioned to an autonomous line.

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Elon Musk

SpaceX reportedly discussing merger with xAI ahead of blockbuster IPO

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2 hours ago

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January 29, 2026

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Credit: SpaceX/X

In a groundbreaking new report from Reuters, SpaceX is reportedly discussing merger possibilities with xAI ahead of the space exploration company’s plans to IPO later this year, in what would be a blockbuster move.

The outlet said it would combine rockets and Starlink satellites, as well as the X social media platform and AI project Grok under one roof. The report cites “a person briefed on the matter and two recent company filings seen by Reuters.”

Musk, nor SpaceX or xAI, have commented on the report, so, as of now, it is unconfirmed.

With that being said, the proposed merger would bring shares of xAI in exchange for shares of SpaceX. Both companies were registered in Nevada to expedite the transaction, according to the report.

Tesla announces massive investment into xAI

On January 21, both entities were registered in Nevada. The report continues:

“One of them, a limited liability company, lists SpaceX ​and Bret Johnsen, the company’s chief financial officer, as managing members, while the other lists Johnsen as the company’s only officer, the filings show.”

The source also stated that some xAI executives could be given the option to receive cash in lieu of SpaceX stock. No agreement has been reached, nothing has been signed, and the timing and structure, as well as other important details, have not been finalized.

SpaceX is valued at $800 billion and is the most valuable privately held company, while xAI is valued at $230 billion as of November. SpaceX could be going public later this year, as Musk has said as recently as December that the company would offer its stock publicly.

SpaceX IPO is coming, CEO Elon Musk confirms

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The plans could help move along plans for large-scale data centers in space, something Musk has discussed on several occasions over the past few months.

At the World Economic Forum last week, Musk said:

“It’s a no-brainer for building solar-powered AI data centers in space, because as I mentioned, it’s also very cold in space. The net effect is that the lowest cost place to put AI will be space and that will be true within two to three years, three at the latest.”

He also said on X that “the most important thing in the next 3-4 years is data centers in space.”

If the report is true and the two companies end up coming together, it would not be the first time Musk’s companies have ended up coming together. He used Tesla stock to purchase SolarCity back in 2016. Last year, X became part of xAI in a share swap.

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Elon Musk

Tesla hits major milestone with Full Self-Driving subscriptions

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5 hours ago

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January 29, 2026

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Credit: Ashok Elluswamy/X

Tesla has announced it has hit a major milestone with Full Self-Driving subscriptions, shortly after it said it would exclusively offer the suite without the option to purchase it outright.

Tesla announced on Wednesday during its Q4 Earnings Call for 2025 that it had officially eclipsed the one million subscription mark for its Full Self-Driving suite. This represented a 38 percent increase year-over-year.

This is up from the roughly 800,000 active subscriptions it reported last year. The company has seen significant increases in FSD adoption over the past few years, as in 2021, it reported just 400,000. In 2022, it was up to 500,000 and, one year later, it had eclipsed 600,000.

In mid-January, CEO Elon Musk announced that the company would transition away from giving the option to purchase the Full Self-Driving suite outright, opting for the subscription program exclusively.

Musk said on X:

“Tesla will stop selling FSD after Feb 14. FSD will only be available as a monthly subscription thereafter.”

The move intends to streamline the Full Self-Driving purchase option, and gives Tesla more control over its revenue, and closes off the ability to buy it outright for a bargain when Musk has said its value could be close to $100,000 when it reaches full autonomy.

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It also caters to Musk’s newest compensation package. One tranche requires Tesla to achieve 10 million active FSD subscriptions, and now that it has reached one million, it is already seeing some growth.

The strategy that Tesla will use to achieve this lofty goal is still under wraps. The most ideal solution would be to offer a less expensive version of the suite, which is not likely considering the company is increasing its capabilities, and it is becoming more robust.

Tesla is shifting FSD to a subscription-only model, confirms Elon Musk

Currently, Tesla’s FSD subscription price is $99 per month, but Musk said this price will increase, which seems counterintuitive to its goal of increasing the take rate. With that being said, it will be interesting to see what Tesla does to navigate growth while offering a robust FSD suite.

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