

News
Tesla Model 3 with mods nearly takes out McLaren F1 lap time at famed Japanese race circuit
A Tesla Model 3 Performance with street-legal tires and a series of Unplugged Performance bolt-on modifications registered a nearly identical lap time as the McLaren F1 supercar at the famed Tsukuba Circuit in Japan.
The upgraded but street-driven Unplugged Performance Model 3 owned by Erik Strait of the YouTube channel DӔrik did the Tsukuba Circuit time attack on Jan. 22 and registered a lap time of 1:04.7, only one-tenth of a second away from besting the fastest lap time of 1:04.6 by the iconic McLaren F1.
The lap time set by Unplugged Performance’s Model 3 Ascension-R also bested the times set by other notable high-performance cars at the famed time attack circuit in Japan.
- McLaren F1: 1:04.6
- Tesla Model 3 Ascension-R by Unplugged Performance: 1:04.7
- Porsche 911 GT3 997: 1:04.8
- Ferrari F40: 1:04.8
- Audi R8 V10 5.2 FSI: 1:04.9
- Lamborghini Gallardo: 1:05.0
- Porsche 911 Turbo 997: 1:05.2
The fastest recorded lap time at Tsukuba is a 1:00.3 by a Nissan Nismo GT-R.
The US-spec Tesla Model 3 Performance began its overseas journey from Los Angeles to Tokyo where it made its grand International debut at the Tokyo Auto Salon show in early January. After wooing the crowds at the world-famous motoring show in Japan, the car was then displayed at a Tesla Service Center in Shinome in Tokyo, before ultimately making its way to the Tsukuba race circuit.
- Tesla Model 3 Ascension-R at Tsukuba Circuit, Japan (Source: Unplugged Performance)
- Tesla Model 3 Ascension-R at Tsukuba Circuit, Japan (Source: Unplugged Performance)
- Tesla Model 3 Ascension-R rear spoiler, Japan (Source: Unplugged Performance)
- Tesla Model 3 Ascension-R 2 at Tsukuba Circuit, Japan (Source: Unplugged Performance)
- Tesla Model 3 Ascension-R 2 at Tsukuba Circuit, Japan (Source: Unplugged Performance)
- Tesla Model 3 Ascension-R at Tokyo Auto Salon, Japan (Source: Unplugged Performance)
- Unplugged Performance upgraded Tesla Model 3 fastest lap time at Tsukuba Circuit in Japan (Source: Unplugged Performance)
The tuned Tesla Model 3 Ascension-R hit the track at less than ideal conditions on a 38 degree Fahrenheit winter day on January 22. Driven by Unplugged Performance’s trusted Japanese driver Ken Negoro, who is not a full-time racecar driver and has never driven a Tesla before, Negoro familiarized himself with the car by doing 20 laps on the 1.29-mile circuit. During his test runs, Negoro managed to put down a very respectable 1:04 lap time while contending with a field of other cars and learning the characteristics of the California-made all-electric luxury sedan.
Negoro stated that the Unplugged Performance Tesla Model 3 would be capable of running in the mid to low 1:03s without any changes to the car if more laps were possible under better conditions. Negoro also stated that if DOT legal semi-slick tires were used, the car would likely be capable of 1:01 to 1:02 lap time, and come close to the fastest ever factory spec car’s lap time of 1:00.3 set by a Nissan Nismo GT-R.
Considering the driving conditions, the Tesla Model 3’s fastest lap time at the famed Japanese Circuit is a great achievement for Tesla, Elon Musk, Unplugged Performance, and the electric vehicle community in general. With the performance at Tsukuba, Model 3 adds another feather in its cap proving that it can perform side by side, or even better, than world-class supercars.
Check out the video below of the Tesla Model 3 attacking the Tsukuba race circuit in Japan:
News
Waymo temporarily halts service in select San Francisco and LA areas amid protests
The suspensions came after several Waymo Jaguar I-Pace robotaxis were vandalized and set ablaze during the demonstrations.

Waymo, Alphabet’s autonomous vehicle subsidiary, has suspended its driverless taxi operations in parts of Los Angeles and San Francisco amid violent protests linked to U.S. Immigration and Customs Enforcement (ICE) raids in the state.
The suspensions came after several Waymo Jaguar I-Pace robotaxis were vandalized and set ablaze during the demonstrations.
Waymo Catches Strays Amid Anti-ICE Protests
Protests erupted in Los Angeles and San Francisco in response to the Trump administration’s immigration raids, which ultimately resulted in California Governor Gavin Newsom calling the White House’s deployment of National Guard troops unconstitutional.
Amidst the protests, images and videos emerged showing several Waymo robotaxis being defaced and destroyed. At least five Waymo robotaxis ended up being caught in the crossfire, and at least one vehicle ended up being burned to the ground.
The incident resulted in the Los Angeles Police Department advising people to avoid downtown areas due to toxic fumes from the robotaxis’ burning lithium-ion batteries. As noted in a KRON4 report, Waymo ultimately halted service in affected areas “out of an abundance of caution.”
Robotaxi Sentiments
The cost of the attacks is notable. Each Waymo robotaxi is valued between $150,000 and $200,000, per a 2024 Wall Street Journal report. Interestingly enough, this is not the first time that Waymo’s robotaxis ended up on the receiving end of angry protesters. On February 24, a Jaguar I-PACE robotaxi was set ablaze and vandalized by a crowd in San Francisco. Videos taken at the time showed a mob of people attacking the vehicle.
Despite the recent attacks on its robotaxis, Waymo has stated it has “no reason to believe” its vehicles were specifically targeted during the protests, as per a report from The Washington Post. A company spokesperson also noted that some of the Waymo robotaxis that were defaced and destroyed during the violent demonstrations had been completing drop-offs near the protest zones.
Investor's Corner
xAI targets $5 billion debt offering to fuel company goals
Elon Musk’s xAI is targeting a $5B debt raise, led by Morgan Stanley, to scale its artificial intelligence efforts.

xAI’s $5 billion debt offering, marketed by Morgan Stanley, underscores Elon Musk’s ambitious plans to expand the artificial intelligence venture. The xAI package comprises bonds and two loans, highlighting the company’s strategic push to fuel its artificial intelligence development.
Last week, Morgan Stanley began pitching a floating-rate term loan B at 97 cents on the dollar with a variable interest rate of 700 basis points over the SOFR benchmark, one source said. A second option offers a fixed-rate loan and bonds at 12%, with terms contingent on investor appetite. This “best efforts” transaction, where the debt size hinges on demand, reflects cautious lending in an uncertain economic climate.
According to Reuters sources, Morgan Stanley will not guarantee the issue volume or commit its own capital in the xAI deal, marking a shift from past commitments. The change in approach stems from lessons learned during Musk’s 2022 X acquisition when Morgan Stanley and six other banks held $13 billion in debt for over two years.
Morgan Stanley and the six other banks backing Musk’s X acquisition could only dispose of that debt earlier this year. They capitalized on X’s improved operating performance over the previous two quarters as traffic on the platform increased engagement around the U.S. presidential elections. This time, Morgan Stanley’s prudent strategy mitigates similar risks.
Beyond debt, xAI is in talks to raise $20 billion in equity, potentially valuing the company between $120 billion and $200 billion, sources said. In April, Musk hinted at a significant valuation adjustment for xAI, stating he was looking to put a “proper value” on xAI during an investor call.
As xAI pursues this $5 billion debt offering, its financial strategy positions it to lead the AI revolution, blending innovation with market opportunity.
News
SpaceX to debut new Dragon capsule in Axiom Space launch
Ax-4’s launch marks the debut of SpaceX’s latest Crew Dragon and pushes Axiom closer to building its own space station.

Axiom Space’s Ax-4 mission targets the International Space Station (ISS) with a new SpaceX Crew Dragon capsule.
The Axiom team will launch a new SpaceX Dragon capsule atop a Falcon 9 rocket from NASA’s Kennedy Space Center in Florida on Wednesday at 8:00 a.m. EDT (1200 GMT). The Ax-4 mission launch was initially set for Tuesday, June 10, but was delayed by one day due to expected high winds.
As Axiom Space’s fourth crewed mission to the ISS, Ax-4 marks the debut of an updated SpaceX Crew Dragon capsule. “This is the first flight for this Dragon capsule, and it’s carrying an international crew—a perfect debut. We’ve upgraded storage, propulsion components, and the seat lash design for improved reliability and reuse,” said William Gerstenmaier, SpaceX’s vice president of build and flight reliability.
Axiom Space is a Houston-based private space infrastructure company. It has been launching private astronauts to the ISS for research and training since 2022, building expertise for its future station. With NASA planning to decommission the ISS by 2030, Axiom has laid the groundwork for the Axiom Station, the world’s first commercial space station. The company has already begun construction on its ISS replacement.
The Ax-4 mission’s research, spanning biological, life, and material sciences and Earth observation, will support this ambitious goal. Contributions from 31 countries underscore the mission’s global scope. The four-person crew will launch from Launch Complex 39A, embarking on a 14-day mission to conduct approximately 60 scientific studies.
“The AX-4 crew represents the very best of international collaboration, dedication, and human potential. Over the past 10 months, these astronauts have trained with focus and determination, each of them exceeding the required thresholds to ensure mission safety, scientific rigor, and operational excellence,” said Allen Flynt, Axiom Space’s chief of mission services.
The Ax-4 mission highlights Axiom’s commitment to advancing commercial space exploration. By leveraging SpaceX’s Dragon capsule and conducting diverse scientific experiments, Axiom is paving the way for its Axiom Station. This mission not only strengthens international collaborations but also positions Axiom as a leader in the evolving landscape of private space infrastructure.
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