News
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.

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.
News
SpaceX soars with its first launch as a public company, marking a new era
SpaceX executed its first Falcon 9 launch since going public on June 15, a routine yet symbolically powerful Starlink mission from Vandenberg Space Force Base in California.
Liftoff of the Falcon 9 booster B1093, on its 14th flight, occurred at approximately 8:34 a.m. PDT from Space Launch Complex 4E (SLC-4E), deploying 24 Starlink V2 Mini Optimized satellites into low-Earth orbit.
The first stage successfully landed on the droneship “Of Course I Still Love You” in the Pacific Ocean, underscoring the company’s unmatched reusability track record.
Watch Falcon 9 launch 24 @Starlink satellites to orbit from California https://t.co/meDwb05qOE
— SpaceX (@SpaceX) June 15, 2026
This mission comes just three days after SpaceX’s historic IPO on June 12, which shattered records as the largest ever. The company raised $75 billion by pricing shares at $135, with trading under ticker SPCX on Nasdaq opening at $150 and closing at $160.95—a 19 percent gain—valuing SpaceX at over $2.1 trillion.
The launch highlights the seamless transition from private innovator to public powerhouse. SpaceX, founded in 2002, has revolutionized access to space with over 650 Falcon 9 flights and a massive Starlink constellation now serving millions globally.
As a public company, it faces new pressures: quarterly earnings, shareholder scrutiny, and expectations to accelerate Starship development for Mars ambitions and deeper NASA partnerships. Yet the market response signals strong confidence in its dominance, as launch costs are slashed by 95 percent, rapid satellite deployment, and a backlog of government and commercial contracts.
SpaceX maintains bold advertising push for Starlink, contrasting Tesla’s minimalistic approach
Analysts view today’s flight as business as usual, but it carries extra weight. With shares volatile in early trading days, successful operations reassure investors that core capabilities remain unaffected by public status.
SpaceX now operates under heightened transparency, potentially unlocking capital for ambitious goals like Starship orbital tests and global broadband expansion.
Challenges loom, including regulatory hurdles for megaconstellations, competition in reusable rockets, and orbital debris concerns. Nevertheless, this morning’s flawless execution reinforces SpaceX’s trajectory.
As Musk often notes, the company’s mission—to make humanity multiplanetary—now aligns with Wall Street’s growth demands. The stars, it seems, are aligning for both.
Investor's Corner
Musk’s biggest bettor Ron Baron reveals massive SpaceX IPO bet
Renowned investor Ron Baron, founder and CEO of Baron Capital, has once again demonstrated his unwavering faith in Elon Musk’s ventures.
Just after SpaceX’s record-breaking IPO, Baron announced he purchased an additional $1 billion in SpaceX (NASDAQ: SPCX) shares. This move pushes Baron Capital’s total holdings in the company to a staggering $25 billion in market value, underscoring one of the most successful private-to-public investment stories in recent history.
Baron’s relationship with SpaceX dates back to 2017, when his firm began investing approximately $1.75–2 billion through secondary markets and employee tender offers at valuations around $20–22 billion.
By the time of the IPO, which valued SpaceX at over $2 trillion with shares closing near $161, those early stakes had generated more than $13 billion in unrealized gains. Post-IPO, Baron’s position ballooned further, reflecting the company’s meteoric rise driven by reusable rocketry, Starlink’s global satellite internet constellation, Starshield defense applications, and ambitious plans for orbital infrastructure.
In a recent interview, Baron articulated his bullish outlook with characteristic enthusiasm.
Ron Baron said today that he bought $1 billion of @SpaceX IPO shares last Friday, and said that all of Baron Capital’s $SPCX holdings are now worth $25 billion.
“I think we’re going to make hundreds of billions of dollars; If you read the prospectus, you realize what they… pic.twitter.com/U8F471KtJS
— Sawyer Merritt (@SawyerMerritt) June 15, 2026
“I think we’re going to make hundreds of billions of dollars,” he stated, emphasizing that SpaceX’s achievements in rocketry and satellite technology are “not possible for anyone else to accomplish.” He envisions the company as a cornerstone of humanity’s multi-planetary future, potentially reaching valuations of $10–30 trillion within 10–15 years.
Baron has repeatedly affirmed he has no plans to sell, viewing SpaceX as a “lifetime investment” alongside Tesla.
Tesla bull Ron Baron reveals $100M SpaceX investment, sees 3-5x return on TSLA
This conviction stems from SpaceX’s unparalleled execution. The company has revolutionized access to space with Falcon 9 reusability, deployed thousands of Starlink satellites, and is advancing Starship for Mars missions and point-to-point Earth transport.
Baron highlights emerging opportunities like space-based AI data centers and direct-to-cell satellite connectivity, positioning SpaceX at the forefront of a new space economy projected to generate trillions in value.
Critics may question the lofty projections amid high valuations and execution risks, but Baron’s track record speaks volumes. His Tesla holdings, initiated in the mid-2010s, have also delivered outsized returns. As one of the largest institutional holders of SpaceX pre-IPO, Baron Capital’s funds, such as Baron Partners, benefited immensely from valuation markups.
Baron’s $1 billion IPO purchase signals deep confidence in SpaceX’s post-IPO trajectory. In an era of short-term market noise, his strategy exemplifies patient capital: backing visionary leadership and transformative technology.
For investors watching the space sector, it serves as a powerful endorsement that the final frontier may indeed yield the next great wealth-creation engine. As Baron puts it, SpaceX isn’t just building rockets—it’s trying to “save humanity” by expanding our horizons beyond Earth.
News
SpaceX maintains bold advertising push for Starlink, contrasting Tesla’s minimalistic approach
SpaceX and Tesla, the two flagship companies under Elon Musk’s leadership, share a commitment to groundbreaking technology yet pursue dramatically different paths in how they connect with customers.
Tesla has built its brand through a philosophy of minimal traditional advertising, trusting that exceptional products will generate their own momentum.
SpaceX, by contrast, has embraced high-visibility paid advertising for its Starlink satellite internet service, placing prominent spots during major live sporting events such as the Super Bowl and the recent UFC Freedom 250. This divergence highlights how each company tailors its marketing to the unique demands of its products and target markets.
Tesla’s approach stems directly from Musk’s long-held conviction that superior engineering sells itself. Musk has repeatedly explained that the company redirects resources into research and development rather than endorsements or television commercials.
Tesla’s growth has relied instead on organic channels: enthusiastic owner referrals, viral product reveals like the Cybertruck, extensive media coverage of launches and achievements, and the sheer visibility of its vehicles on roads everywhere.
Even as the company has tested more social media promotions in response to fluctuating demand, its overall strategy remains restrained and digital-focused compared to legacy automakers that pour hundreds of millions into marketing annually.
SpaceX has taken a more assertive route with Starlink to drive widespread consumer awareness. In February of this year, SpaceX aired its first-ever Super Bowl advertisement, marking the initial time any Musk-led enterprise invested in the massive event.
The thirty-second spot emphasized fast and affordable internet available nearly anywhere on the planet, blending inspiring footage of Falcon 9 and Starship landings with narration drawn from science fiction visionary Arthur C. Clarke. United Airlines complemented this with its own Super Bowl commercial showcasing Starlink-enabled high-speed Wi-Fi on flights.
🚨 Starlink Super Bowl ad! https://t.co/pEdH1KevBj pic.twitter.com/01onakkoqX
— TESLARATI (@Teslarati) February 9, 2026
But that is not all SpaceX has done to get word out about its internet service.
Just last night, Starlink branding appeared prominently on the octagon and during the broadcast of UFC Freedom 250, the high-profile event staged on the White House South Lawn. These placements represent a strategic investment in reaching massive, engaged audiences.
🚨 Starlink ads have appeared on the UFC Freedom 250 broadcast on Paramount+ pic.twitter.com/VPAAhDR6LI
— TESLARATI (@Teslarati) June 15, 2026
The rationale behind SpaceX’s advertising push lies in Starlink’s distinct position as a consumer broadband service. Unlike Tesla’s visually striking cars that act as mobile billboards for early-adopter enthusiasts, Starlink must overcome awareness gaps in rural, remote, and mobile markets where traditional internet infrastructure falls short.
Starlink now serves as SpaceX’s leading revenue generator, with ambitions tied to future growth and potential public offerings. Targeted advertising during sports broadcasts efficiently demonstrates real-world reliability for applications ranging from home connectivity to aviation and live event broadcasting.
Partnerships with airlines and mobile providers further extend its reach, while high-profile placements help convert curiosity into subscriptions amid competition and regulatory considerations.
Ultimately, these contrasting strategies reflect the different maturity levels and competitive landscapes each business navigates. Tesla benefits from built-in visibility and a passionate community that amplifies its message at little cost.
Starlink, operating in the more fragmented broadband sector, requires deliberate efforts to educate and attract mainstream users. By leveraging the spectacle of major sporting events where Tesla once declined to participate, SpaceX is accelerating Starlink toward global ubiquity.
This flexibility underscores a key lesson: even the most innovative companies must adapt their tactics to the practical realities of their markets and customer acquisition challenges.