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Tesla Model 3 driven by the father of Track Mode breaks Plaid Model S’ lap record
Last year, Tesla shocked the electric vehicle world when it revealed that it had a Plaid Model S prototype that could be taken and pushed to its limits at the track. The vehicle, which was driven by a member of the Tesla development team, absolutely crushed the previous records set by four-door sedans at Laguna Seca, completing the tricky course in just 1:36.555.
This record, set by the formidable Plaid Model S, has now been broken. Surprisingly enough, the record was actually beaten by an upgraded version of its little brother, the Model 3 Performance. The Model 3 Performance definitely lacked the raw power of the tri-motor Model S, but it sure made up for it with clever mods and a master driver behind the wheel. The Model 3’s driver was Randy Pobst, a professional racer driver and, in a way, the father of Track Mode.
Back in October 2018, the Tesla Model 3’s development version of Track Mode was driven by Pobst against the Jaguar I-PACE EV400 and one of the best ICE cars available then, the Alfa Romeo Giulia Quadrifoglio. The development version of Track Mode performed well, and it toppled the I-PACE EV400 easily enough. It was, however, not enough to beat the Alfa Q4. Tesla then spent the next weeks working with Pobst to refine Track Mode’s setting and features, which were later rolled out as the release version of the special setting. With Track Mode’s release version, the Model 3 Performance was able to crush the Alfa Romeo Q4’s time easily.
Perhaps it is this experience and his intimate knowledge of the Model 3 Performance’s capabilities that allowed Randy Pobst to push the all-electric sedan to its absolute limits. Or perhaps it is the vehicle’s modifications from EV tuning house Unplugged Performance, which equipped the vehicle with both consumer and prototype parts from its Ascension-R package. Either way, the Model 3, driven by the driver who tuned its BMW M3-killing feature, completed a lap around the Laguna Seca raceway in 1:35.790.
What is even more interesting is that the Model 3 Performance was not specifically tuned for Laguna Seca. The vehicle is actually being prepared for the Pikes Peak Hill Climb, so its runs at Laguna Seca were simply a way to test the vehicle’s capabilities. The Model 3 even had a weight penalty during its record-breaking run, since it was equipped with a 160-lb roll cage that was mandatory for Pikes Peak. Even Pobst himself only flew in from the East Coast for 24 hours to test the vehicle.
In a statement to Teslarati, Unplugged Performance CEO Ben Schaffer expressed his excitement at the results of the Model 3 Performance’s Plaid-breaking lap. “Our expectations at Laguna Seca were simply to validate the car with Randy and to make sure we are safely dialed in for Pikes Peak. It definitely shocked us all when we beat the lap time of the mighty Plaid Model S prototype in our Model 3. The crazy thing is that we still have a lot of additional modifications being prepared and we’ve not come near the car’s full potential with our upgrades yet!” he said.
Now, one has to imagine just how fast the Plaid Model S could go around Laguna Seca with a professional driver like Randy Pobst behind its wheel. That run would likely be one for the books.
Elon Musk
Elon Musk’s net worth is nearing $800 billion, and it’s no small part due to xAI
A newly confirmed $20 billion xAI funding round valued the business at $250 billion, adding an estimated $62 billion to Musk’s fortune.
Elon Musk moved within reach of an unprecedented $800 billion net worth after private investors sharply increased the valuation of xAI Holdings, his artificial intelligence and social media company.
A newly confirmed $20 billion funding round valued the business at $250 billion, adding an estimated $62 billion to Musk’s fortune and widening his lead as the world’s wealthiest individual.
xAI’s valuation jump
Forbes confirmed that xAI Holdings was valued at $250 billion following its $20 billion funding round. That’s more than double the $113 billion valuation Musk cited when he merged his AI startup xAI with social media platform X last year. Musk owned roughly 49% of the combined company, which Forbes estimated was worth about $122 billion after the deal closed.
xAI’s recent valuation increase pushed Musk’s total net worth to approximately $780 billion, as per Forbes’ Real-Time Billionaires List. The jump represented one of the single largest wealth gains ever recorded in a private funding round.
Interestingly enough, xAI’s funding round also boosted the AI startup’s other billionaire investors. Saudi investor Prince Alwaleed Bin Talal Alsaud held an estimated 1.6% stake in xAI worth about $4 billion, so the recent funding round boosted his net worth to $19.4 billion. Twitter co-founder Jack Dorsey and Oracle co-founder Larry Ellison each owned roughly 0.8% stakes that are now valued at about $2.1 billion, increasing their net worths to $6 billion and $241 billion, respectively.
The backbone of Musk’s net worth
Despite xAI’s rapid rise, Musk’s net worth is still primarily anchored by SpaceX and Tesla. SpaceX represents Musk’s single most valuable asset, with his 42% stake in the private space company estimated at roughly $336 billion.
Tesla ranks second among Musk’s holdings, as he owns about 12% of the EV maker’s common stock, which is worth approximately $307 billion.
Over the past year, Musk crossed a series of historic milestones, becoming the first person ever worth $500 billion, $600 billion, and $700 billion. He also widened his lead over the world’s second-richest individual, Larry Page, by more than $500 billion.
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Tesla Cybercab sighting confirms one highly requested feature
The feature will likely allow the Cybercab to continue operating even in conditions when its cameras could be covered with dust, mud, or road grime.
A recent sighting of Tesla’s Cybercab prototype in Chicago appears to confirm a long-requested feature for the autonomous two-seater.
The feature will likely allow the Cybercab to continue operating even in conditions when its cameras could be covered with dust, mud, or road grime.
The Cybercab’s camera washer
The Cybercab prototype in question was sighted in Chicago, and its image was shared widely on social media. While the autonomous two-seater itself was visibly dirty, its rear camera area stood out as noticeably cleaner than the rest of the car. Traces of water were also visible on the trunk. This suggested that the Cybercab is equipped with a rear camera washer.
As noted by Model Y owner and industry watcher Sawyer Merritt, a rear camera washer is a feature many Tesla owners have requested for years, particularly in snowy or wet regions where camera obstruction can affect visibility and the performance of systems like Full Self-Driving (FSD).
While only the rear camera washer was clearly visible, the sighting raises the possibility that Tesla may equip the Cybercab’s other external cameras with similar cleaning systems. Given the vehicle’s fully autonomous design, redundant visibility safeguards would be a logical inclusion.
The Cybercab in Tesla’s autonomous world
The Cybercab is Tesla’s first purpose-built autonomous ride-hailing vehicle, and it is expected to enter production later this year. The vehicle was unveiled in October 2024 at the “We, Robot” event in Los Angeles, and it is expected to be a major growth driver for Tesla as it continues its transition toward an AI- and robotics-focused company. The Cybercab will not include a steering wheel or pedals and is intended to carry one or two passengers per trip, a decision Tesla says reflects real-world ride-hailing usage data.
The Cybercab is also expected to feature in-vehicle entertainment through its center touchscreen, wireless charging, and other rider-focused amenities. Musk has also hinted that the vehicle includes far more innovation than is immediately apparent, stating on X that “there is so much to this car that is not obvious on the surface.”
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Tesla seen as early winner as Canada reopens door to China-made EVs
Tesla had already prepared for Chinese exports to Canada in 2023 by equipping its Shanghai Gigafactory to produce a Canada-specific version of the Model Y.
Tesla seems poised to be an early beneficiary of Canada’s decision to reopen imports of Chinese-made electric vehicles, following the removal of a 100% tariff that halted shipments last year.
Thanks to Giga Shanghai’s capability to produce Canadian-spec vehicles, it might only be a matter of time before Tesla is able to export vehicles to Canada from China once more.
Under the new U.S.–Canada trade agreement, Canada will allow up to 49,000 vehicles per year to be imported from China at a 6.1% tariff, with the quota potentially rising to 70,000 units within five years, according to Prime Minister Mark Carney.
Half of the initial quota is reserved for vehicles priced under CAD 35,000, a threshold above current Tesla models, though the electric vehicle maker could still benefit from the rule change, as noted in a Reuters report.
Tesla had already prepared for Chinese exports to Canada in 2023 by equipping its Shanghai Gigafactory to produce a Canada-specific version of the Model Y. That year, Tesla began shipping vehicles from Shanghai to Canada, contributing to a sharp 460% year-over-year increase in China-built vehicle imports through Vancouver.
When Ottawa imposed a 100% tariff in 2024, however, Tesla halted those shipments and shifted Canadian supply to its U.S. and Berlin factories. With tariffs now reduced, Tesla could quickly resume China-to-Canada exports.
Beyond manufacturing flexibility, Tesla could also benefit from its established retail presence in Canada. The automaker operates 39 stores across Canada, while Chinese brands like BYD and Nio have yet to enter the Canadian market directly. Tesla’s relatively small lineup, which is comprised of four core models plus the Cybertruck, allows it to move faster on marketing and logistics than competitors with broader portfolios.
Elon Musk’s net worth is nearing $800 billion, and it’s no small part due to xAI
Tesla Cybercab sighting confirms one highly requested feature
