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Tesla Model 3 vs 2018 Nissan Leaf – A side by side comparison
Tesla’s mission is simple and includes getting other automakers to join in the party. The Chevy Bolt, quirky as it may look, technically beat Tesla to market with a 200+ mile range EV that can be had for the $35,000 ballpark. Nissan, who I humbly believe to be the only other automaker currently taking full EVs seriously, has just announced their all new 2018 Leaf. The party is undoubtedly slow, but other automakers such as Volvo have at least talked about “electrification” (clever marketing shorthand for hybrids) but we can no longer deny that electric vehicles are here and their growth will not be able to be stopped.
Just as every concept EV talked about before 2016 was touted as a “Tesla killer,” it is now impossible not to compare every new electric offering with the much anticipated Tesla Model 3. So let’s do just that. The table below highlights some key specs for each.
| NISSAN LEAF | TESLA MODEL 3 | |
| Base price, before tax credits | $29,990 | $35,000 |
| Price with options | SL – $36,200 | Premium + EAP – $45,000 |
| Range (miles) | 150 (higher coming 2019) | 220 (310 for $9,000 upgrade) |
| Battery | 40 kWh/ (higher coming 2019) | Undisclosed |
| Charge time – Level 2 | Up to 22 miles per hour | Up to 30 miles per hour (std batt) |
| Charge time – Level 3 | Up to 88 miles per ½ hour | Up to 130 miles per ½ hour (std) |
| Charging network | No dedicated network | Tesla Supercharger, pay per use |
| Overall Length/Width | 176.4” / 70.5” | 184.8” / 82.2” |
| Cargo space | 23.6 cf | 15 cf |
| Body style | 4-door hatchback | 4-door sedan |
| Infotainment | Apple CarPlay, Android Auto | Tesla’s own |
| Main display | 7” | 15” |
| 0-60 mph time | 8 seconds (Motor Trend est.) | 5.6 seconds |
| Driver’s Assist Suite | ProPILOT ($2,200) | Autopilot ($5,000) |
| Automatic Emergency Braking | Standard | Standard |
If you want to get into a relatively long range EV (150 miles or greater) for the lowest possible price, the base 2018 Nissan Leaf wins out. I will also assume that you will be able to get your hands on a Leaf much sooner than a Model 3. Finally, if you absolutely insist on a hatchback, the Leaf has it.
Outside of those three things, and possibly the still large size of a Model 3, I can’t personally find any reason to choose a Leaf over a Model 3. To be clear I’m proud of Nissan for upping their game a bit. The 2018 version is in my very humble opinion, far superior in the looks department to the frog-like 2017 it is replacing. Nissan’s V-Motion grille is sharp, and hopefully takes your attention off the obvious charge port cover above it. The lines of the car itself are much more closely aligned with Nissan’s other offerings, which I find to have adequate design. Similarly, the rear tail lights are modern and edgy. If you can excuse all the buttons, the interior looks sharp. The Apple and Android faithful alike will appreciate the available car play integration. The bottom line for me is that every EV is a step in the right direction, even if this car won’t compel families to ditch the gasoline completely. In the absence of a reliable and dedicated fast charging network for long distance travel, the Leaf is still primarily a commuter car. 150 miles of range will simply allow a few after work activities without much thought.
I am excited to see the range and price that Nissan makes available in 2019 because for now, the base cost per mile of $199.93 falls far short of Tesla’s $159.09. I’d also like to see them re-think their battery management system, which I am to understand leaves something to be desired. One owner described his experience with a 2014 Leaf as losing 20% capacity thus far.
When looking at what we know about the Model 3 however, I can’t really compare the Leaf in any serious manner. I’m trying to be reasonable, to give Nissan a fair shake, but there are several things that make me a Tesla fanatic that are sorely missing from the Leaf – and any other current EV for that matter – that may or may not ever come close.
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Supercharging. EVs will remain a commuter or secondary car until you can load up the kids and head to Disney with the reasonable assurance that there are plenty of chargers along the way that will a) be working, and b) charge quickly. Tesla has made a huge commitment in this front because they know that’s what it takes.
Over the air updates. I have not yet heard of Nissan taking this approach, but I suspect if they do, it would be limited to maps and small changes. I don’t foresee the Leaf being able to give your car the sudden ability to automatically open your garage four years after you’ve purchased it. Some current automakers do have software updates for their vehicles, but my understanding is that you have to bring it in to the dealership to have it done. This totally defeats the purpose.
Dealerships. You’d be hard pressed to find a harsher critic of dealerships than I. Whether discussing the 2011 Jeep Wrangler that took me 3 hours to get for the exact price I walked in and demanded, or that time I spoke on behalf of a recently widowed neighbor with an actual cash budget who could not, no matter how you pitch it, afford that extended dealer’s warranty package, I can go on and on and about how much I dislike the experience. It always takes hours. You always get passed around from salesperson to manager to finance person. You may even get your credit run 10 times simultaneously (I’m talking to you, Hyundai dealership!) No thank you. I will order my car online, know the exact price and meet you there with a pre-printed check for the exact amount owed.
Looks. I get it, I really do, people love hatchbacks. My Model S is a hatch and has accommodated many a Home Depot trip. My once beloved Scion tC was a hatch, and once hauled 27 boxes of Pergo brand laminate floor planks. Even the Jeep with the horrible dealership experience picked up a washing machine. A washing machine! But I simply cannot wrap my head around the idea that you could conceivably compare the gorgeous, timeless and sleek looks of the Model 3 with the quirky, if a bit modern and sharp, Nissan Leaf.
Performance. There’s a reason I never considered a hybrid or EV before. Now that I’m a bit older and have the budget to pick a car I actually like, I’m not going to voluntarily drive something that takes 8 seconds to get to 60. I want tight steering, good handling, and the ability to make my passengers squeal with delight when I punch it.
Interior. This is a personal preference and I’m with you if you think the minimalistic interior of the Model 3 is crazy. It is. But I can just about promise you that you will not miss all those buttons. I sat in a Porsche Macan at the auto show and while I expected to feel great inside a new offering from a brand with as much clout as Porsche, I was too busy wondering what in the world all those buttons did. It’s almost a joke how many.
Confession: I started this post excited about the new Leaf. I tweeted about it first thing this morning; the more the merrier in EV world if you ask me. But when getting right down to the specifications, it’s hard not to see that everyone else still has a long way to go. They’re taking baby steps while Tesla is competing in the long jump.
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What do you think? Do the two cars compare? Tell us in the comments!
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Venture capitalist Chamath Palihapitiya has cautioned investors shorting SpaceX shares, drawing a direct parallel to the intense short-selling pressure Tesla faced in its early public years.
Responding to reports of elevated short interest in the newly public rocket, satellite, and AI company, Palihapitiya noted that similar dynamics played out with Tesla, where aggressive short sellers ultimately “went broke.”
SpaceX (NASDAQ: SPCX) went public on June 12, 2026, in the largest IPO on record, pricing at $135 per share. Shares quickly surged to an all-time high of $225.64 just days later, briefly implying a valuation exceeding $2 trillion. The stock has since retreated sharply amid valuation concerns, lockup expiration fears, and broader market dynamics.
By early August, it traded near $108–$125, representing a roughly 50 percent decline from the peak and bringing the market capitalization closer to the $1.5–1.7 trillion range. On August 4, shares closed up more than 9 percent at $125.33 ahead of earnings before facing pressure in after-hours and premarket trading.
Short interest has climbed dramatically. According to S3 Partners data widely cited in market reports, short positions reached approximately 219.3 million shares by late July, about 34 percent of the limited public float of roughly 640 million shares, and represented a notional value of around $24.6 billion.
Utilization of shares available to borrow hit 95 percent, with borrow fees rising. This level of shorting exceeded the dollar value of short bets against Tesla at the time and built rapidly ahead of two catalysts: the company’s first post-IPO earnings and an August 6 lockup expiration that could free up to 911.5 million additional shares.
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CEO Elon Musk has issued warnings of his own. In mid-July, as short interest approached one-third of the float, he posted that “the survival probability of firms who maintain a significant short position in SpaceX over time is very low,” reiterating his view that the company could ultimately be worth more than Earth if it achieves its goals.
On August 4, just before earnings, Musk responded to the latest short-interest data by saying, “I try to warn them, but they just double down.”
SpaceX delivered its first quarterly results as a public company after the close on August 4. Second-quarter revenue rose 92 percent year-over-year to $7.8 billion, beating consensus estimates near $6.8–6.9 billion.
The net loss narrowed to $541 million, or 9 cents per share, better than the roughly 23–24 cent loss expected. Starlink/connectivity contributed about $4.3 billion (up 66 percent), while the AI business generated $2.6 billion (up roughly 250 percent). Capital expenditures were heavy at $18.4 billion, largely tied to AI infrastructure. Management projected a $100 billion annualized revenue run rate by year-end 2026 and outlined a path toward $1 trillion in annual revenue by 2030.
The combination of Chamath’s historical reminder, Musk’s repeated alerts, and the company’s ambitious growth targets underscores the high-stakes debate surrounding SPCX. Short sellers are positioned for near-term supply pressure from the lockup, while long-term bulls point to Starlink scale, Starship progress, and AI compute expansion as reasons the bears may ultimately face the same fate as many early Tesla skeptics.
Investor's Corner
SpaceX and Nvidia team up on Musk’s orbital AI bet
SpaceX revealed a new Nvidia satellite partnership, then Musk pledged an exclusive Nvidia hardware commitment.
SpaceX and Nvidia are now working together on the hardware that will power Musk’s orbital data center ambitions. SpaceX announced on X on Tuesday that it is partnering with Nvidia to design the compute payload for Starmind AI1, the first satellite in a planned constellation built to run AI workloads directly in orbit. Each Starmind satellite will carry Nvidia’s Rubin GPUs and Vera CPUs, according to the post, which included renderings of the payload design.
The announcement landed hours before SpaceX’s first earnings call as a public company, where Musk went further, saying the company has committed to building its AI infrastructure exclusively on Nvidia hardware. “We think the Vera Rubin architecture is the best architecture. We think it’s the best AI computer, and we greatly value our close cooperation and partnership on many levels with Nvidia,” Musk told investors on the call,. “So we’re exclusive to Nvidia.”
Musk said SpaceX plans to deploy Nvidia’s Vera Rubin NVL72 rackscale system, codenamed Kyber, both on the ground and in space. He set a target of 2 gigawatts of compute capacity online by the end of this year, scaling to roughly 10 gigawatts by the end of 2027.
SpaceX’s newest Starmind will make earth data centers obsolete
Starmind has been in development since Musk confirmed the name in June, following an xAI trademark filing that tipped off the project before SpaceX made it official. The idea is massive in scope and instead of moving data down to ground based servers, satellites equipped with onboard processors and large solar arrays would compute AI workloads in orbit and beam results back to Earth. SpaceX has already filed with the FCC for a constellation of up to one million satellites to support the effort, citing constant solar power and the absence of zoning restrictions as advantages over terrestrial data centers.
The Nvidia exclusivity marks a shift in tone from just two weeks ago, when Musk was busy knocking down a report that SpaceX had ordered $52 billion worth of Nvidia GPUs through Foxconn, calling it fake news at the time. The dollar figure in that rumor may have been wrong, but the underlying direction seems correct. SpaceX’s AI division already leases Colossus compute capacity to Anthropic and Google, and Tuesday’s earnings report showed AI revenue climbing sharply as those deals ramp up.
Nvidia shares rose roughly 3% in Tuesday trading on the news, while SpaceX stock climbed nearly 9% during the day before giving back gains after hours as investors digested the earnings report’s capital spending figures.
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SpaceX (NASDAQ: SPCX) reported a beat in revenues and EBITDA in its first earnings call report while also minimizing losses as its business continues to gain momentum.
After its IPO in July, SpaceX saw some tough losses on Wall Street due to a major selloff after a delay in its 13th Starship test flight. The ship launched later that week and completed what was arguably the most successful IFT operation in the Starship program’s history.
Nevertheless, the company is continuing on and reported some encouraging financials while also promoting what appears to be a robust outlook moving forward in its Space, AI, and Connectivity divisions.
SpaceX to report first-ever earnings today: here’s what to expect
Earnings Results
- Revenues: $7.8 billion reported vs. $6.7 billion expected
- Adjusted EBITDA: $3.5 billion vs. $2 billion expected
- Net loss of $541 million, an improvement of $467 million from net loss of $1.0 billion
Additionally, CFO Bret Johnsen had these comments:
“2026 has been a momentous year so far, and the second quarter demonstrated the true power of SpaceX. Revenue growth accelerated across all our business segments and we delivered strong operating leverage, with significant margin expansion led by our new AI compute agreements. Our unparalleled leadership in launch, Starlink subscriber growth, new enterprise and government partnerships, and best-in-class AI infrastructure underscore our ability to drive meaningful scale and deliver attractive returns. As a newly public company, we are delighted to welcome our broad base of shareholders and bondholders. We ended the second quarter with $100 billion of cash, cash equivalents, and marketable securities, and $47.5 billion in backlog. This financial strength gives us substantial capacity to invest in Starship, Starlink Broadband and Mobile satellites, and our AI platform, while maintaining a disciplined long-term capital allocation framework.”
Space Business Highlights
SpaceX shared some of its biggest Space Business Highlights for Q2:
- Space revenues grew 55% sequentially and 29% year-over-year to $962 million, driven by a higher number of large customer launches and a favorable customer shift compared to the prior year
- Total costs and expenses for the Space segment were up by $389 million year-over-year, as we continued to accelerate R&D investments in our Starship program, which we believe will reduce the cost to orbit by 99% or more relative to the historical average, and unlock significant revenue potential across all business segments
- Leading launch provider for the world with 78 launches and 1,041 metric tons of mass to orbit deployed over the six months ended June 30, 2026, primarily allocated to Connectivity for the deployment of our Starlink constellation
- Starship V3 development continued to advance towards full and rapid reusability:
- Completed Starship V3’s first suborbital mission in May, Flight 12, which achieved a successful lift off from our new Starbase pad, a precision landing of Starship’s upper stage, and deployment of modified V2 Starlink satellites
- Subsequent to the second quarter, completed Starship Flight 13 in July, which achieved all flight objectives including deploying 20 production V3 satellites, demonstrating in-space relight of a Raptor engine, and executing the softest ever splashdown of Starship, providing critical views of an intact heatshield
SpaceX will report its earnings today at 4:30 P.M. EDT.
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SpaceX shorts get warned by Musk ally, echoing Tesla’s early struggles
SpaceX and Nvidia team up on Musk’s orbital AI bet
