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First in-depth look at Tesla’s ‘refreshed’ Model 3

Credit: 駕輛 UpCar

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Tesla unveiled a new, “refreshed” Model 3 in early October 2020 that equipped several new adjustments to its mass-market sedan’s cosmetic look and performance. However, true, in-depth looks of the vehicle have been hard to come by, as deliveries for the new version of the car have not yet been completed.

Now, the first looks at some of the Model 3’s new features are being displayed in a new video from Hong Kong-based YouTube channel 駕輛 UpCar. The hosts had the opportunity to take an up-close look at the new Model 3 before others have had the chance.

駕輛 UpCar’s hosts state that the new version of the mass-market Model 3 “is really a new car” based on what they’ve seen from Tesla’s additions.

Tesla Model 3 ‘refresh’ goes live with 353-mile range, Uberturbine wheels, powered trunk, and more

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Exterior/Cosmetic Updates

While the car’s exterior shape has remained relatively identical, the only minor revision was the headlights, which were spotted on a pre-refreshed version of the Model 3 that was built in China.

One of the most commonly recognized updates on the refreshed Model 3 was the addition of Chrome Delete. Tesla made this cosmetic modification standard with the Model Y, and many owners have been known to manually make this change with third-party kits on their Model 3s. However, Tesla made the Chrome Delete feature standard with the Model 3 refresh. The door handles, side mirror trim, window trim, and camera covers are all chrome deleted.

Double-Paned Glass

The double-paned glass was spotted on several builds of the Model Y in October. However, the feature is also standard with the refresh, although it was spotted on pre-refreshed versions of the Model 3. The additional layer of glass is required to help with interior cabin noise, which has been a common complaint with some electric cars due to their lack of an engine to dampen road noise. The glass also increases insulation and could complement the addition of the heat pump to the Model 3 to keep the cabin a comfortable temperature for passengers.

Powered Trunk

Another similarity between the Refreshed Model 3 and the Model Y is the addition of a dedicated powered trunk. A powered liftgate button was placed in the Model 3, allowing for easy opening and closing of the trunk at this button’s press.

Cabin Revisions and Additions

Teslarati covered the new center console in October, which is also outlined in 駕輛 UpCar’s video. The new design slides and retracts into itself and also has new material. Tesla parted from the piano black as fingerprints and dust were easily noticed. Additionally, a new suede wireless charging platform was placed just above the new center console design. Tesla began installing wireless chargers in the Model X in early 2020, allowing for quick and pain-free charging of compatible smartphones. USB-C ports are also available in the rear, allowing for fast-charging capabilities for passengers in the back of the car.

Performance and Range Upgrades

In terms of performance upgrades, the Long Range Dual Motor AWD improved from 4.4 to 4.2 seconds from 0-60 MPH, and the Performance gained one-tenth of a second from 3.2 to 3.1 seconds. In range, the Standard Range+ variant went from 250 to 263 miles of range per charge, while the Long Range Dual Motor AWD boosted to 353 from 322. The Performance variant also upgraded to 315 miles from its previous 299.

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As Tesla begins the shipment of refreshed Model 3s from Fremont, it is only a matter of time before the first few lucky purchasers receive their cars. Increased performance and range ratings are sure to win over new buyers, but the improvements in Tesla’s vehicles will equate to higher quality builds in the future. The advancements could spread across other vehicles in the future, including Tesla’s planned $25,000 sedan that will be available in several years.

You can check out 駕輛 UpCar’s full video on the Model 3 refresh below.

H/t: Drive Tesla Canada

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Joey has been a journalist covering electric mobility at TESLARATI since August 2019. In his spare time, Joey is playing golf, watching MMA, or cheering on any of his favorite sports teams, including the Baltimore Ravens and Orioles, Miami Heat, Washington Capitals, and Penn State Nittany Lions. You can get in touch with joey at joey@teslarati.com. He is also on X @KlenderJoey. If you're looking for great Tesla accessories, check out shop.teslarati.com

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Elon Musk

Tesla finally clarifies fatal Texas crash, confirms driver manually overrode acceleration

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Credit: CNBC

Tesla has finally clarified the situation regarding the viral crash in Texas where a Model 3 slammed into a home.

CEO Elon Musk replied to reports on Monday that stated the crash was due to the company’s Full Self-Driving or Autopilot suite, which seemed unlikely to those who are familiar with it. Video showed the car slamming into a house at an excessive rate of speed, making it highly unlikely the crash was due to the suite’s operation, as it does not travel at those speeds in residential areas.

Musk said:

“This makes no sense. FSD drives slowly through neighborhood streets, and this was a high-speed crash!”

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Tesla’s Head of AI, Ashok Elluswamy, added context, revealing that the company’s data shows the driver “manually overrode self-driving by pressing the accelerator all the way to 100%.”

He revealed the speed reached by the car was 73 MPH, and the accelerator was still pressed “even after the crash.”

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Authorities are reportedly investigating “whether Tesla’s Autopilot system played a role after a Model 3 left the roadway…slammed through a brick house at high speed and fatally struck Matha Avila as she sat inside,” the New York Post reported.

The National Highway Traffic Safety Administration (NHTSA) is now investigating the crash. Tesla will work with the agency to provide them with whatever information they need in order to clarify the cause of the crash.

Similarly, Tesla had claims of a fatal accident in Harris County, Texas, a few years ago. Early reports indicated that Full Self-Driving was the cause of the crash. After the National Transportation Safety Board (NTSB) worked with Tesla, the agency proved there was “no use of the Autopilot system at any time during this ownership period of the vehicle, including the time frame up to the last transmitted timestamp on April 17, 2021.”

Tesla alleged “driverless” crash in Texas: What is known so far

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“Application of the accelerator pedal was found to be as high as 98.8 percent,” the NTSB said in their findings. The highest recorded speed in the five seconds leading up to the impact was 67 miles per hour. The area where the crash occurred is residential, and Texas State laws have default speed limits of 30 MPH in residential streets.

This appears to be a similar situation. However, an investigation will prove what happened for sure.

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Investor's Corner

SpaceX makes $20 billion move to optimize its balance sheet

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Credit: SpaceX

SpaceX announced today that it commenced its first-ever public bond offering, marking a significant step in the newly public company’s capital markets strategy.

The company announced an offering of senior unsecured notes expected to raise at least $20 billion.

The move comes just a short time after SpaceX completed one of the largest initial public offerings in history. In mid-June, the company priced shares at $135 and raised more than $85 billion, propelling founder Elon Musk’s net worth past the trillion-dollar mark and giving the firm substantial liquidity.

According to the company’s SEC filing, the net proceeds from the notes will be used primarily to repay in full the outstanding borrowings under its existing bridge loan facility, cover related fees and expenses, and fund general corporate purposes. The offering is being conducted under Rule 144A, as well as Regulation S, targeting qualified institutional buyers and non-U.S. investors. Notes will be unsecured obligations ranking equally with other unsubordinated debt.

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The $20 billion bridge loan was used to refinance approximately $17.5 billion in higher-cost “junk” debt tied to X and xAI. SpaceX had merged with xAI in February 2026 in an all-stock deal. The bridge facility, which matures in September 2027, had represented the bulk of SpaceX’s long-term debt.

SpaceX officially acquires xAI, merging rockets with AI expertise

In connection with the bond launch, SpaceX disclosed it held approximately $100.8 billion in cash and cash equivalents as of June 19. Investor calls began on the announcement date, with pricing and launch expected shortly thereafter. Rating agencies have assigned investment-grade ratings to the proposed bonds, reflecting confidence in SpaceX’s dominant position in commercial launches and the growth trajectory of its Starlink internet offering.

The debt raise also allows SpaceX to optimize its balance sheet by replacing short-term, higher-cost bridge financing with longer-date, lower-cost fixed-income securities. This provides greater financial flexibility to support capital-intensive initiatives, including the development of Starship, the expansion of the Starlink constellation, and the integration of AI capabilities following the xAI combination.

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SpaceX shares (NASDAQ: SPCX) fell sharply on the news, dropping over 16 percent overall on the market on Monday. The stock had surged initially after debuting but pulled back amid profit-taking and broader market dynamics.

Overall, the bond offering underscores SpaceX’s transition to a mature public company with access to diverse funding sources. It positions the firm to pursue its long-term vision of multiplanetary expansion and AI infrastructure, while maintaining a disciplined approach to its capital structure in a high-growth but capital-heavy industry.

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Elon Musk

SpaceX confirms third massive compute deal at Colossus data center

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Credit: xAI Memphis

SpaceX confirmed today that it has officially signed its third massive compute deal, providing compute at its Colossus data center in Southaven, Tennessee.

Reflection AI will gain immediate access to NVIDIA GB300 chips at SpaceX’s Colossus 2 data center. In return, Reflection will pay SpaceX $150 million per month starting on July 1, with total payments reaching approximately $6.3 billion if the contract runs through its duration, which is until 2029. Either party can terminate the agreement with 90 days’ notice after the initial three-month period.

CNBC first reported the deal.

This latest partnership highlights SpaceX’s strategy of commercializing its massive Colossus supercomputing infrastructure, originally developed to power Elon Musk’s Grok AI models. The company has rapidly expanded its customer base in the AI sector following its February 2026 merger with xAI, a transaction that valued the combined entity at $1.25 trillion.

SpaceX has previously signed significant compute deals with other major players.

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It granted Anthropic exclusive access to the full capacity of its Colossus 1 data center, which exceeds 300 megawatts and includes over 220,000 NVIDIA GPUs. Details from SpaceX’s IPO filings indicate Anthropic will pay $1.25 billion per month through May 2029, potentially generating around $45 billion over the term of the deal.

Additionally, Google agreed to pay SpaceX $920 million per month for compute capacity from October 2026 through June 2029. This 32-month period will provide Google access to roughly 110,000 NVIDIA GPUs, along with supporting processors and memory. Capacity ramps up through September at a reduced fee, with termination options after the first year.

SpaceXA also established arrangements for computing power with Cursor, an AI coding startup. SpaceX acquired them in a $60 billion all-stock deal.

SpaceX makes first acquisition post-IPO

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These arrangements position SpaceX’s collective position as an AI infrastructure powerhouse with high-margin revenue potential. The Google deal alone could generate nearly $29.5 billion over its term, while the Reflection contract adds another $6.3 billion.

Combined with the Anthropic arrangement, SpaceX stands to realize tens of billions in revenue from compute leasing in the coming years, which diversifies beyond SpaceX’s traditional rocket launches and Starlink operation.

The deals underscore growing demand for advanced AI training and inference capacity amid chip shortages and surging model development needs. Reflection, valued at $25 billion and focused on “American open intelligence” with government and national security ties, cited recent restrictions on closed models as validation for open-source approaches.

For SpaceX, the partnerships transform capital-intensive data centers into flexible revenue sources while supporting its broader AI ambitions after the company has gone public.

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