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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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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.

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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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Tesla Cybercab launch is imminent after latest sighting at Giga Texas

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Credit: Joe Tegtmeyer | X

Tesla just gave what is perhaps its biggest signal yet that the launch of the Cybercab, its autonomous ride-hailing-geared car, is imminent.

The Cybercab has been spotted outside of Gigafactory Texas in massive numbers over the past few days, with hundreds of units being stored on property just days after the vehicle received a Certificate of Conformity from the EPA.

Today, things were a bit different.

Cybercabs spotted on Giga Texas property today had an addition: a Cybercab decal on the side, reminiscent of the “Robotaxi” ones that were placed on Model Ys just as the company launched its ride-sharing platform about a year ago.

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Giga Texas drone operator Joe Tegtmeyer noticed the change today:

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Tesla could be signaling that the Cybercab is preparing to enter the Robotaxi fleet in the coming weeks or months with this move. It seems more symbolic than anything; Tesla is ready to throw Cybercabs in the ride-hailing platform just as it did with Model Ys last year.

The addition of the Certificate of Conformity awarded to the Cybercab is another major factor working to Tesla’s advantage. The company now has permission from the EPA to allow the vehicle to operate on public roads and enter the chain of commerce. It’s officially street legal.

Tesla Cybercab specs revealed: range, curb weight, range ratings, and more

The big question that remains is whether Tesla will be able to operate the car without a safety monitor, especially considering it plans to put the car out there without a steering wheel or pedals. With the Cybercab only having a seating capacity of two, it is hard to believe Tesla will even consider putting a Safety Monitor in the car.

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It did recently self-certify as Level 4 and has the ability to operate driverless vehicles in the State of Texas under a law that took effect on May 28. You can read more about that here:

Tesla’s Robotaxi dreams just took a massive step toward reality

We’d imagine Cybercabs will be on the roads as soon as July, but August will likely be a better estimate of when the car will be entered into the Cybercab fleet. It all depends at where Tesla is, as they’ve truly prioritized safety with the rollout of the Robotaxi platform.

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Elon Musk says this part of Tesla ‘makes no sense’

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Justin Pacheco, Public domain, via Wikimedia Commons

Elon Musk has publicly questioned Moody’s credit assessments following the rating agency’s decision to assign SpaceX a Baa1 investment-grade rating, two notches above Tesla’s Baa3. The comments came amid discussions comparing the two companies’ financial profiles.

SpaceX earned its first-time Baa1 rating with a stable outlook from Moody’s. The agency highlighted the company’s leadership in orbital launches, the growing recurring revenue from its Starlink satellite network, strong vertical integration, U.S. government contracts, and emerging opportunities in AI infrastructure.

These factors were cited as supporting robust cash flows, margin expansion, and financial flexibility.

Musk responded directly: “Tesla’s credit rating is ridiculously low tbh,” and added, “Yeah, makes no sense. Tesla has over $40B in cash, no debt, and is consistently profitable!” His remarks underscored Tesla’s balance sheet strength and profitability at a time when many traditional automakers continue to report losses in the shift to electric vehicles.

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Tesla maintains a leading position in the global EV market, with diversification into energy and storage, battery technology, and robotics through projects like Optimus. Recent financial updates show the company generated positive free cash flow of $1.4 billion in Q1 2026, supported by operating cash flow of $3.9 billion. Cash and short-term investments stood at approximately $44.7 billion.

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Moody’s has affirmed Tesla’s Baa3 issuer rating with a stable outlook in periodic reviews, acknowledging the company’s EV leadership, technology strengths, including AI for autonomous vehicles, solid profitability, and strong liquidity.

Tesla (TSLA) scores Baa3 Moody’s rating for ‘stable’ outlook

However, the agency has also noted challenges in the automotive segment and expectations for margin pressures.

Musk’s critique highlights a common debate about how traditional rating methodologies apply to high-growth, capital-intensive technology companies. SpaceX benefits from long-term government-backed contracts and diversified, recurring revenue streams, while Tesla’s valuation reflects heavy investment in future technologies such as autonomy and robotics.

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Both ratings remain investment-grade, yet the one-notch difference has fueled online discussion about potential inconsistencies in evaluating innovative firms.

The exchange comes as SpaceX explores financing options following its recent valuation milestones, while Tesla continues executing on its multi-year roadmap. Musk’s pointed response serves as a reminder that credit ratings, though influential for borrowing costs, represent one lens through which markets assess corporate strength—and that company leaders often view their financial positions through the lens of long-term innovation and cash generation rather than short-term risk metrics alone.

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Tesla Full Self-Driving faces major pushback in Europe

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Credit: Tesla

A new report from Reuters claims that a transport authority in Sweden is pushing back against the approval of Tesla’s Full Self-Driving suite because it will travel over speed limits.

The report says the Swedish Transport Administration (TRV) recommends the European Union votes against FSD’s approval. TRV believes it should not be approved until Tesla disables FSD’s ability to speed.

TRV sent a letter to the European Union’s Technical Committee on Motor Vehicles (TCMV), which is set to meet on June 30 to discuss the potential approval of the Tesla FSD suite in the country. Tesla, which has received various approvals in Europe over the past two months, has not provided a comment.

Tesla Full Self-Driving gets first-ever European approval

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Teslas operating on FSD do travel over the speed limit, depending on the Speed Profile that is chosen. Drivers have the ability to disengage FSD at any point; Tesla specifically states that those supervising the suite are responsible for its actions.

Let’s cut to the chase: humans operating any vehicle speed almost daily in the United States. Realistically, speed limits in the U.S. are more frequently treated as speed minimums. However, other countries are different, and driving behaviors are less aggressive.

TRV believes that “allowing automated systems to systematically exceed legal speed limits…risks undermining both the legal framework and the expected safety benefits of ​vehicle automation,” the report stated. It’s surprising that Tesla has not received this claim from other countries previously.

This could be a good argument to bring Max Speed back, the setting that previously allowed the driver to choose the absolute fastest the car would travel.

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This would still put the responsibility of supervision in the hands of the driver. It would allow the driver to choose whether the car would travel over the speed limit or not, acknowledging that they set the speed, and if they get pulled over, there would be no ability to argue it.

However, it does not seem as if this is something Tesla will do, especially considering many U.S. drivers have requested the feature in an effort to eliminate speeding or at least tone it down. The company has not shown any interest in bringing it back.

Tesla has approvals for FSD in Europe in Estonia, Lithuania, Denmark, the Netherlands, and Belgium.

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