News
Tesla Model 3 emerges as track monster after Pikes Peak crash
Unplugged Performance has turned its crashed Tesla Model 3 into the most aerodynamically aggressive Tesla ever created.
Watching the Unplugged Performance Tesla Model 3 crash at the Pikes Peak hill climb was devastating. Not only because of the potential for injury to the driver, but also for all of the lost progress on what had been one of UP’s most successful track toys. But from that fire, that same Model 3 has emerged as the “Bionic Phoenix.” With potentially the most aggressive aerodynamics package a Tesla has ever been adorned with, it is ready to take on anything.
The Instagram post showing off the new vehicle is something to behold. With a massive front splitter that extends for what looks like miles in front of the car, massive fender flares that bulge out from the Tesla’s typically sleek profile, and a wing that could host a full course meal for a family of 12, Unplugged Performance says that the vehicle is capable of up to 4,000 pounds, or two tons, of downforce at speed.
View this post on Instagram
But, as shown in the video, the aerodynamics are far from the only modifications to the already track-focused vehicle. The driver’s seat has been shifted to the middle of the car, reminiscent of hypercars from Pagani, McLaren, and Koenigsegg. Most, if not all, of the bodywork has been replaced with lighter and stiffer carbon-fiber paneling. And the interior has been completely stripped and fitted with a motorsport-ready roll cage. The modifications on the vehicle have been as granular as replacing many of the windows with Lexan alternatives, further lightening the vehicle.
Finally, if the fender flares weren’t enough indication, the vehicle’s power now makes its way to the ground via UP’s 13″ wide UP-03 forged wheels. And while not specified on the post on Instagram, it is likely kept low to the ground thanks to the company’s custom suspension offering.
View this post on Instagram
The UP Bionic Phoenix’s revival story has even made its way into a Twitter thread and even a documentary that detailed the car’s initial mission at Pikes Peak and subsequent crash, all through the delightful voice of driving legend Randy Pobst.
Perhaps more well-known for its Tesla Model S Plaid, which has received similarly extensive modifications, Unplugged Performance has been on a quest to demolish track records around the United States. This includes everywhere from Pikes Peak, Buttonwillow, Willow Springs, and the historic Laguna Seca Raceway. And while UP has not specified where its Frankenstein Tesla Model 3 will be headed, there is no doubt it won’t just sit on some showroom floor.
Perhaps most exciting about UP’s build is that many, if not all, of the products used on their build are available (or will be) in their shop. Thus allowing anyone crazy enough to create their own Tesla rocketship to fling themselves at their local racetrack. An amazing, if slightly terrifying, prospect indeed.
As electric vehicles become increasingly popular, the modification of them will likely grow in popularity in turn. And while EV mods are still very much in their infancy compared to their gas counterparts, I, for one, am excited for the day when significant names like Rousch, Hennessey, and other titans in the modification space begin to enter the market. For now, we can all bask in the glory of the pinnacle Tesla Model 3 and watch as it rips through track records in the very near future.
What do you think of the article? Do you have any comments, questions, or concerns? Shoot me an email at william@teslarati.com. You can also reach me on Twitter @WilliamWritin. If you have news tips, email us at tips@teslarati.com!
Elon Musk
Musk bankers looking to trim xAI debt after SpaceX merger: report
xAI has built up $18 billion in debt over the past few years, with some of this being attributed to the purchase of social media platform Twitter (now X) and the creation of the AI development company. A new financing deal would help trim some of the financial burden that is currently present ahead of the plan to take SpaceX public sometime this year.
Elon Musk’s bankers are looking to trim the debt that xAI has taken on over the past few years, following the company’s merger with SpaceX, a new report from Bloomberg says.
xAI has built up $18 billion in debt over the past few years, with some of this being attributed to the purchase of social media platform Twitter (now X) and the creation of the AI development company. Bankers are trying to create some kind of financing plan that would trim “some of the heavy interest costs” that come with the debt.
The financing deal would help trim some of the financial burden that is currently present ahead of the plan to take SpaceX public sometime this year. Musk has essentially confirmed that SpaceX would be heading toward an IPO last month.
The report indicates that Morgan Stanley is expected to take the leading role in any financing plan, citing people familiar with the matter. Morgan Stanley, along with Goldman Sachs, Bank of America, and JPMorgan Chase & Co., are all expected to be in the lineup of banks leading SpaceX’s potential IPO.
Since Musk acquired X, he has also had what Bloomberg says is a “mixed track record with debt markets.” Since purchasing X a few years ago with a $12.5 billion financing package, X pays “tens of millions in interest payments every month.”
That debt is held by Bank of America, Barclays, Mitsubishi, UFJ Financial, BNP Paribas SA, Mizuho, and Société Générale SA.
X merged with xAI last March, which brought the valuation to $45 billion, including the debt.
SpaceX announced the merger with xAI earlier this month, a major move in Musk’s plan to alleviate Earth of necessary data centers and replace them with orbital options that will be lower cost:
“In the long term, space-based AI is obviously the only way to scale. To harness even a millionth of our Sun’s energy would require over a million times more energy than our civilization currently uses! The only logical solution, therefore, is to transport these resource-intensive efforts to a location with vast power and space. I mean, space is called “space” for a reason.”
The merger has many advantages, but one of the most crucial is that it positions the now-merged companies to fund broader goals, fueled by revenue from the Starlink expansion, potential IPO, and AI-driven applications that could accelerate the development of lunar bases.
News
Tesla pushes Full Self-Driving outright purchasing option back in one market
Tesla announced last month that it would eliminate the ability to purchase the Full Self-Driving software outright, instead opting for a subscription-only program, which will require users to pay monthly.
Tesla has pushed the opportunity to purchase the Full Self-Driving suite outright in one market: Australia.
The date remains February 14 in North America, but Tesla has pushed the date back to March 31, 2026, in Australia.
NEWS: Tesla is ending the option to buy FSD as a one-time outright purchase in Australia on March 31, 2026.
It still ends on Feb 14th in North America. https://t.co/qZBOztExVT pic.twitter.com/wmKRZPTf3r
— Sawyer Merritt (@SawyerMerritt) February 13, 2026
Tesla announced last month that it would eliminate the ability to purchase the Full Self-Driving software outright, instead opting for a subscription-only program, which will require users to pay monthly.
If you have already purchased the suite outright, you will not be required to subscribe once again, but once the outright purchase option is gone, drivers will be required to pay the monthly fee.
The reason for the adjustment is likely due to the short period of time the Full Self-Driving suite has been available in the country. In North America, it has been available for years.
Tesla hits major milestone with Full Self-Driving subscriptions
However, Tesla just launched it just last year in Australia.
Full Self-Driving is currently available in seven countries: the United States, Canada, China, Mexico, Australia, New Zealand, and South Korea.
The company has worked extensively for the past few years to launch the suite in Europe. It has not made it quite yet, but Tesla hopes to get it launched by the end of this year.
In North America, Tesla is only giving customers one more day to buy the suite outright before they will be committed to the subscription-based option for good.
The price is expected to go up as the capabilities improve, but there are no indications as to when Tesla will be doing that, nor what type of offering it plans to roll out for owners.
Elon Musk
Starlink terminals smuggled into Iran amid protest crackdown: report
Roughly 6,000 units were delivered following January’s unrest.
The United States quietly moved thousands of Starlink terminals into Iran after authorities imposed internet shutdowns as part of its crackdown on protests, as per information shared by U.S. officials to The Wall Street Journal.
Roughly 6,000 units were delivered following January’s unrest, marking the first known instance of Washington directly supplying the satellite systems inside the country.
Iran’s government significantly restricted online access as demonstrations spread across the country earlier this year. In response, the U.S. purchased nearly 7,000 Starlink terminals in recent months, with most acquisitions occurring in January. Officials stated that funding was reallocated from other internet access initiatives to support the satellite deployment.
President Donald Trump was aware of the effort, though it remains unclear whether he personally authorized it. The White House has not issued a comment about the matter publicly.
Possession of a Starlink terminal is illegal under Iranian law and can result in significant prison time. Despite this, the WSJ estimated that tens of thousands of residents still rely on the satellite service to bypass state controls. Authorities have reportedly conducted inspections of private homes and rooftops to locate unauthorized equipment.
Earlier this year, Trump and Elon Musk discussed maintaining Starlink access for Iranians during the unrest. Tehran has repeatedly accused Washington of encouraging dissent, though U.S. officials have mostly denied the allegations.
The decision to prioritize Starlink sparked internal debate within U.S. agencies. Some officials argued that shifting resources away from Virtual Private Networks (VPNs) could weaken broader internet access efforts. VPNs had previously played a major role in keeping Iranians connected during earlier protest waves, though VPNs are not effective when the actual internet gets cut.
According to State Department figures, about 30 million Iranians used U.S.-funded VPN services during demonstrations in 2022. During a near-total blackout in June 2025, roughly one-fifth of users were still able to access limited connectivity through VPN tools.
Critics have argued that satellite access without VPN protection may expose users to geolocation risks. After funds were redirected to acquire Starlink equipment, support reportedly lapsed for two of five VPN providers operating in Iran.
A State Department official has stated that the U.S. continues to back multiple technologies, including VPNs alongside Starlink, to sustain people’s internet access amidst the government’s shutdowns.
Musk bankers looking to trim xAI debt after SpaceX merger: report
SpaceX launches Crew-12 on Falcon 9, lands first booster at new LZ-40 pad
