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Tesla Model 3 with ‘Track Mode’ squares off against Jaguar I-PACE and MotorTrend’s top rated sports sedan
While the Model S and the Model X are monsters on the drag strip, the premium electric cars have developed a reputation for being ineffective during extended track driving. Tesla aims to shatter this perception with the Model 3 Performance, as the vehicle is designed to be the first of the company’s electric cars that is competitive on the racecourse. Tesla is even preparing a specific and aptly-named mode for the vehicle to achieve this goal — “Track Mode.”
The Tesla Model 3 Performance has been getting universally positive reviews from numerous publications, from the Wall Street Journal to Car & Driver. Reviewers have praised the vehicle for its handling and quickness, as well as its sheer fun factor when driven hard. Auto publication Road & Track even sampled the Model 3 Performance’s upcoming “Track Mode” feature, which allows the vehicle to perform impressive high-speed maneuvers on a racecourse.
Tesla’s Track Mode for the Model 3 Performance was recently put to the test by auto publication MotorTrend, which held comparative tests pitting the electric sedan against the Alfa Romeo Giulia Quadrifoglio, as well as another all-electric car, the Jaguar I-PACE EV400. The tests, which involved track testing all three vehicles by veteran race driver Randy Franklin Pobst, allowed the publication to analyze how the Model 3 Performance stacks up against a fellow track-capable EV and the best fossil fuel-powered sports sedan available today.
Needless to say, the results of the tests were very compelling.
It was easy to determine that among the three, the Jaguar I-PACE EV400 was at a disadvantage, particularly due to its 4,946-pound mass and its substantial ride height. The I-PACE’s electric motors, which produce a combined 394 horsepower, are also 22% less than the Giulia Quadrifoglio. These disadvantages were evident when the veteran driver took the electric crossover around the “Streets” of Willow Springs International Raceway in CA, as the I-PACE took 1:27.00 to complete a lap.
The difference between the track capabilities of the Model 3 Performance and the Alfa Romeo Giulia Quadrifoglio was far more difficult to call. With Track Mode enabled, the Model 3 Performance set a new record for production electric cars on the racecourse, completing the run at 1:23.90. That’s 0.07 seconds faster than one of Ford’s best track vehicles, the Mustang GT Performance Pack 2. That said, Pobst, who was driving the Model 3 Performance, noted that the vehicle was easy to understeer, and that “there’s something weird happening when I lift off the brake.” The sensation that the race driver was referring to was the Model 3 Performance’s regenerative braking, which is emphasized even more when Track Mode is enabled.
True to its reputation as the best sports sedan in the market today, the Alfa Romeo Giulia Quadrifoglio completed the lap in 1:22.78, 1.12 seconds faster than the Model 3 Performance. Pobst noted that the turbocharged V6-powered vehicle “does exactly what you expect. No surprises. Always predictable.” After two sets of hard laps, though, half of the Alfa Romeo’s Pirelli P Zero Corsa AR Asimmetrico front tires were all but gone. The Model 3 Performance’s Michelin Pilot Sport 4S tires, on the other hand, were at worst scuffed. A Tesla engineer remarked to the publication that the Model 3 Performance could match the Giulia Quadrifoglio’s time if they were willing to compromise the vehicle’s tires as well.
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Ultimately, MotorTrend‘s track tests show that the Model 3 Performance, at its current state, is still not quite enough to topple the auto market’s best sports sedan. That said, Track Mode, despite being a work in progress, is a very strong baseline. The publication noted that for now, it would be wise to look at Tesla’s Track Mode for the Model 3 Performance as Version 1.0 of the feature. Once Version 2.0 is ready, then vehicles such as the Alfa Romeo Giulia Quadrifoglio would also be wise to fear Tesla’s first track-capable vehicle.
Even without Track Mode, the Tesla Model 3 Performance is already starting to win over veteran auto enthusiasts, including longtime enthusiasts of legacy carmakers like BMW. Moshen Chan, an indie app developer who has been a BMW fan for ~20 years, noted that Tesla’s electric car “absolutely outperforms anything BMW has to offer today.”
The Model 3 Performance’s Track Mode is one of the electric sedan’s most compelling features. Describing the feature in an interview with YouTube tech host Marques Brownlee, Musk likened Track Mode as an “Expert User Mode” for drivers.
“Track Mode will open up a lot of settings. You can adjust settings, and it’s kinda like an ‘Expert User Mode.’ You can sort of adjust traction control, adjust battery temperature. You can basically configure a bunch of things, and it will tell you, like ‘Hey, you know if you do this, it’s a bit risky. You’re gonna wear out your brakes sooner; you might blow a circuit.’ But like, it’ll be clear — like, you know, this is the risk you’re taking. It’s kinda like if you have a graphics card in a computer. You can go in there and change the settings, and you can overclock things,” Musk said.
Tesla CEO Elon Musk said that flying cars will be coming to the market, something that his own company has hinted at previously.
Musk said on X, in response to a post that read, “We were promised flying cars and all we got is infinite superintelligence for everyone,” “You will get flying cars.”
You will get flying cars
— Elon Musk (@elonmusk) August 12, 2026
The post rang back to when Musk teased flying and hovering capabilities for the Tesla Roadster, the company’s supercar that has been delayed more times than anyone cares to count. It was set for an unveiling earlier this year, but it was then pushed back to August. There is still no sign of it coming.
However, that does not mean it won’t. But one of the biggest features of the Roadster that was teased was a SpaceX package that featured cold gas thrusters on the rear end that would help with white-knuckle acceleration. Another set would face the ground and would help the Roadster gain small bits of altitude, potentially helpful to jump over obstacles.
Elon Musk hints at Tesla Roadster’s “hovering” abilities in SpaceX package
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But it is not a straightforward thing for Musk. As a serial entrepreneur, he tends to spend his time on major disruptors; currently, his largest projects are artificial intelligence and compute power, as well as SpaceX’s launches that will eventually make life multiplanetary.
In the past, he has been critical of flying cars and has been in favor of tunnels, one of the big reasons he started the Boring Company. In 2017 at a TED talk, he said:
“There is a challenge with flying cars in that they’ll be quite noisy. The wind force generated will be very high. Let’s just say that if something’s flying over your head, if there are a whole bunch of flying cars all over the place, that is not an anxiety-reducing situation…You’re thinking, ‘Did they service their hubcap? Or is it going to come off and guillotine me as they’re flying past?’”
However, he’s never been against them. He has also said he’s in favor of both tunnels and flying cars.
Contrary to press reports, I’m not against flying cars. Just said it was important to consider both pros and cons.
— Elon Musk (@elonmusk) March 24, 2015
Most recently, Musk said that anyone who wants a flying car should be able to get one. This was stated last October on the Joe Rogan Experience:
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“My friend Peter Thiel once reflected that the future was supposed to have flying cars, but we don’t have flying cars… I think if Peter wants a flying car, we should be able to buy one.”
Whether the Roadster will be Tesla’s flying car or potentially another one remains in the mind of Musk. Of course, the Roadster will have to make its way to production lines before we find out.
Elon Musk
SpaceX’s next trillion dollar bet has nothing to do with rockets, Musk tells staff
Elon Musk told SpaceX staff AI revenue will soon dwarf rockets and Starlink combined entirely.
Elon Musk told SpaceX employees this week that artificial intelligence, not rockets, will soon carry the company’s revenue. In a roughly 29 minute internal address posted on SpaceX’s X account on Tuesday, Musk said AI revenue will pass every other line of business at SpaceX “probably in September” and pull further ahead by the fourth quarter.
The numbers he gave are specific. SpaceX currently runs 1.4 gigawatts of AI compute capacity. Musk wants that at 10 gigawatts by the end of 2027, a jump he tied directly to revenue: “if we bring 10GW of AI online by the end of next year, it will be $300 billion to $500 billion a year in revenue.” He called those “big numbers,” which undersells a projection larger than what most countries produce in a year.
We made rockets reusable and are rebuilding the internet in space. The next challenge: making life multiplanetary and understanding the true nature of the universe
Watch @ElonMusk deliver a company update to @SpaceX employees pic.twitter.com/5c8rxoCQfu
— SpaceX (@SpaceX) August 11, 2026
Musk went further on where AI fits into SpaceX’s future. “Probably in four or five years, AI will be 99% of the value of SpaceX,” he told staff, adding that digital intelligence would eventually run “a trillion times” ahead of biological intelligence as computing scales. He tied that growth to the company’s founding mission, telling employees “we must win on AI, because the future is overwhelmingly AI and robots,” with the payoff meant to help fund Starship and a Mars program that increasingly runs through Terafab, the joint Tesla, SpaceX and xAI chip plant.
Elon Musk launches TERAFAB: The $25B Tesla-SpaceXAI chip factory that will rewire the AI industry
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None of this is entirely new territory. SpaceX told investors much the same story during its first earnings call as a public company on August 4, where Musk moved the company’s $1 trillion revenue target up a year to 2030 and said Starlink could someday carry a majority of the world’s internet. What the all hands video adds is a hard deadline and a specific power figure Musk had not given publicly before, along with a franker pitch to his own workforce that AI, not launch cadence, is now the thing SpaceX is betting its future on.
The AI revenue itself is not coming from SpaceX training its own models. It is largely Starlink acting as the network layer for xAI’s workloads, plus SpaceX renting out compute capacity directly, the same approach behind the roughly $16 billion the company spent on AI infrastructure in a single quarter.
Musk closed the video with a pitch aimed at recruiting and retention rather than investors, telling employees that anyone who helps SpaceX win the AI race will eventually get the chance to go to the moon or Mars themselves. Whether SpaceX can turn 1.4 gigawatts into 10 in seventeen months is the more immediate question, and one that will show up in quarterly numbers well before anyone leaves Earth.
In a new note to investors on Tuesday, Morgan Stanley analyst Andrew Percoco said that Tesla has one big financial question to answer for investors regarding its Robotaxi rollout, Full Self-Driving software, and Optimus.
Percoco said in the note that, for the most part, investors are still very positive about the direction the company is headed. However, there are some things the firm would like to see, and they have to do with financials.
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Tesla bulls are more than convinced that the company’s Full Self-Driving software is proof it can develop physical AI. Financially, however, there are still some questions, especially on elevated spending, which CEO Elon Musk said would occur as the company works to roll out Robotaxi faster and continue developing its Optimus robot.
The latter two are where Tesla will have to prove progress to investors, as Percoco writes that both projects “will require clearer evidence that Robotaxi is scaling and more tangible Optimus proof points to support the ROI on elevated capex.”
Percoco said the second quarter earnings call did not change his long-term thesis of where Tesla is positioned in the AI race, which is out in front. However, there are concerns that weaker gross margins and higher R&D spend will stress financials, and that has “sharpened our (and investors’) focus on measurable progress across Robotaxi and Optimus.”
Additionally, Robotaxi still needs to be proven with more operation in existing cities while maintaining safety but improving how many rides it gives in any given time, he said. For Optimus, Percoco wrote that he is “still looking for evidence beyond commentary around SOP.”
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Morgan Stanley put Percoco in charge of covering Tesla after long-time analyst Adam Jonas transitioned to the automotive side.
Currently, Morgan Stanley has a $415 price target on Tesla and a ‘Hold’ rating on the stock. It is trading at around $330 at the time of publication, which was 2:30 P.M. on the East Coast.
Tesla CEO Elon Musk says flying cars are coming
SpaceX’s next trillion dollar bet has nothing to do with rockets, Musk tells staff
