Tesla Model S is closing in on 400 miles of range per charge. With this update, Tesla has definitively extended its lead in the EV market, putting it far ahead — at least from a range perspective — against its biggest competitors. What’s rather interesting is that the Model S’ 390-mile range is just the tip of the iceberg.
Being a constantly-innovating company, it’s difficult to put the finger on the generations of vehicles that Tesla releases. Yet one look at the company’s upcoming electric cars and one would know that its next vehicles will feature next-generation technology. The Model Y, for example, is built from the company’s experiences with the Model 3, and pictures of the all-electric crossover in the assembly line hint that its casting may be quite unique. Tesla will likely not experience as many challenges ramping the Model Y compared to its previous vehicles, and this is likely due to the company’s experience.
There’s the Semi and the Cybertruck as well, both of which are large vehicles that would otherwise require a ton of batteries to get their estimated range. Yet in the case of the Cybertruck, the vehicle will be offering over 500 miles of range for less than $70,000. How Tesla will accomplish this remains to be seen, but Global Equities Research analyst Trip Chowdhry noted that the Cybertruck is on a “completely different technology orbit” after taking a test ride in the all-electric truck at Tesla’s Fremont factory.
Some of these improvements are already coming soon. Later this year, Tesla is expected to release the Model S’ Plaid Powertrain variant, which will be track-capable and boast an insane amount of power with its tri-motor setup. Elon Musk noted recently on Twitter that the Plaid Model S has “absurd” performance, though the electric car maker will ensure that the vehicle still gets enough range. This comment may seem like a typical Elon Musk update, but it shows a lot about Tesla’s experience as a veteran electric car maker.
Making an electric car is not easy. Making a great electric car is twice as difficult. This is something that veteran automakers are now learning, with each vehicle that they release. Premium EVs seem to be the ones learning this lesson the hardest, especially as otherwise great cars like the Audi e-tron and the Jaguar I-PACE end up being bogged down by issues such as range. Yet among carmakers and “Tesla Killers” that have come out, the Porsche Taycan seems to be the best example of this experience gap.
The Porsche Taycan is a beautifully-designed electric sports car, and it works like one. It’s top-tier variant, the $185,000 Taycan Turbo S, is arguably the only vehicle that can beat a Raven Model S Performance on the drag strip fair and square. Yet for all its speed and power, the Taycan suffers from poor efficiency, as evidenced by the Turbo S’ 192-mile EPA rated range. Granted, tests from motoring publication Car and Driver suggest that the Taycan’s range is more tuned for Autobahn driving, but the gap between the vehicle and the Model S is very evident. This becomes even more notable when one considers that both cars’ battery packs are similarly-sized.
The Model S’ Long Range Plus update means that through incremental improvements on electric car batteries, Tesla is now able to draw out 390 miles out of a 100 kWh pack. That’s just about 20 miles short of Rivian’s 400-mile trucks, and those vehicles are equipped with a 180 kWh battery pack. This matters a lot, and this is a benchmark that will probably take a few years to beat.
During Porsche’s Annual Press Conference last year, the company’s executives focused a lot of their discussions on the Taycan, whose development represented a multi-billion-dollar initiative for the company. Following the main conference, I was fortunate enough to be part of a group of reporters who were able to get a brief Q&A session with Porsche Board Member for Sales and Marketing Detlev Von Platen. When it was my turn to ask a question, I inquired about Porsche’s strategy about the Taycan’s range, and how the company plans to prevent the vehicle from being the electric equivalent of a gas guzzler.
The Board Member’s response did not directly address my inquiry, though he did emphasize that Porsche is no neophyte with battery tech due to its efforts with high-performance hybrid sports cars like the 918 Spyder. This is a fair point to make, of course, though looking at the Taycan’s range, it appears that the company still needs a few more iterations of its flagship electric car before it can expertly balance performance and range in a pure EV. The Tesla Model S Plaid is coming to establish itself as the undisputed king of consumer EVs, after all. If Elon Musk’s words are any indication, it would be a triple-motor monster with frighteningly quick acceleration and a range that’s still close to 400 miles.
That’s going to be a far tougher rival than the Tesla Model S Performance.
Tesla just raised Model Y prices for the first time in two years, with the largest increase being $1,000.
The move signals shifting dynamics in the competitive electric vehicle market as the company continues to work on balancing demand, profitability, and accessibility.
The new pricing affects premium trims while leaving entry-level options unchanged. The Model Y Premium Rear-Wheel Drive (RWD) now starts at $45,990, a $1,000 increase.
The Model Y Premium All-Wheel Drive (AWD)—previously referred to in the post as simply “Model Y AWD”—rises to $49,990, also up $1,000. The top-tier Model Y Performance sees a more modest $500 bump, bringing its starting price to $57,990.
Tesla Model Y prices just went up:
New prices:
🚗 Model Y Premium RWD: $45,990 – up $1,000
🚗 Model Y AWD: $49,990 – up $1,000
🚗 Model Y Performance: $57,990 – up $500 https://t.co/e4GhQ0tj4H pic.twitter.com/TCWqr3oqiV— TESLARATI (@Teslarati) May 16, 2026
Base models remain untouched to preserve affordability. The entry-level Model Y RWD holds steady at $39,990, and the base Model Y AWD stays at $41,990. This selective approach keeps the crossover accessible for budget-conscious buyers while extracting more revenue from higher-margin configurations.
After years of aggressive price cuts to stimulate volume amid slowing EV adoption and rising competition from rivals like BYD, Ford, and GM, Tesla appears confident in underlying demand. Recent lineup refreshes for the 2026 Model Y, including refreshed styling and efficiency gains, have helped maintain its status as America’s best-selling EV.
By protecting base prices, Tesla avoids alienating price-sensitive customers while improving margins on the more popular variants.
Tesla Model Y ownership review after six months: What I love and what I don’t
For consumers, the changes are relatively modest—under 3% on affected trims—and still position the Model Y competitively against gas-powered SUVs in the same class. Federal tax credits and potential state incentives may further offset costs for eligible buyers.
This marks a subtle but notable shift from the deep discounting era that defined much of 2024 and 2025. As the EV market matures into 2026, Tesla’s pricing strategy will be closely watched for clues about production ramps, new variants like the rumored longer-wheelbase Model Y, and broader profitability goals.
In short, today’s adjustment reflects a company that remains dominant yet pragmatic—willing to test higher pricing where demand supports it. It is unlikely to deter consumers from choosing other options.
Elon Musk cannot be fired from SpaceX, and there’s a reason for that.
In a blunt post on X on Friday, Elon Musk confirmed plans to structurally shield his leadership at SpaceX, ensuring he cannot be fired while tying a potential trillion-dollar compensation package to the company’s long-term goal of establishing a self-sustaining colony on Mars.
Yes, I need to make sure SpaceX stays focused on making life multiplanetary and extending consciousness to the stars, not pandering to someone’s bullshit quarterly earnings bonus!
Obviously, IF SpaceX succeeds in this absurdly difficult goal, it will be worth many orders of…
— Elon Musk (@elonmusk) May 15, 2026
The revelation stems from a Financial Times report detailing SpaceX’s intention to restructure its governance and compensation framework. The moves are designed to protect Musk’s control and align his incentives with the company’s founding mission rather than short-term financial pressures. Musk’s reply left no ambiguity:
“Yes, I need to make sure SpaceX stays focused on making life multiplanetary and extending consciousness to the stars, not pandering to someone’s bullshit quarterly earnings bonus!”
He added that success in this “absurdly difficult goal” would generate value “many orders of magnitude more than the economy of Earth,” though he cautioned that the journey will not be smooth. “Don’t expect entirely smooth sailing along the way,” Musk wrote.
The strategy reflects Musk’s deep concerns about how public-market expectations could derail SpaceX’s core objective. Founded in 2002, SpaceX has repeatedly stated its purpose is to reduce the cost of space travel and ultimately make humanity a multiplanetary species.
Unlike Tesla, which went public in 2010 and has faced repeated battles over Musk’s compensation and board influence, SpaceX remains privately held. Musk has long resisted taking the rocket company public precisely to avoid the quarterly earnings treadmill that forces most CEOs to prioritize short-term stock performance over ambitious, high-risk projects.
By embedding protections against his removal and linking any outsized pay package to verifiable milestones—such as a functioning Mars colony—SpaceX aims to insulate its leadership from activist investors or board members who might demand faster profits or safer bets.
Musk has referenced past experiences, including his ouster from OpenAI and shareholder lawsuits at Tesla, as cautionary tales. In those cases, he argued, external pressures risked diluting the original vision.
Critics may view the arrangement as excessive, especially given Musk’s already substantial voting power and wealth. Supporters, however, argue it is a necessary safeguard for a company pursuing goals measured in decades rather than quarters. Achieving a Mars colony would require sustained investment in Starship development, orbital refueling, life-support systems, and in-situ resource utilization—technologies that may deliver no immediate financial return.
Musk’s post underscores a broader philosophical point: true breakthrough innovation often demands tolerance for volatility and a willingness to ignore conventional business wisdom. As SpaceX prepares for increasingly ambitious Starship test flights and eventual crewed missions, the new governance structure signals that the company’s North Star remains unchanged—humanity’s expansion beyond Earth.
Whether the trillion-dollar package materializes depends on execution, but Musk’s message is clear: SpaceX exists to reach the stars, not to chase the next earnings beat. For investors or employees who share that vision, the protections are not a perk—they are a prerequisite for success.
News
Tesla discloses two Robotaxi crashes to NHTSA
Newly unredacted data filed with the National Highway Traffic Safety Administration (NHTSA) reveals the two incidents.
Tesla has disclosed information on two low-speed crashes that occurred in Austin with its Robotaxi platform. These incidents occurred with teleoperators steering the vehicle, and there were no passengers in the car at the time they happened.
Newly unredacted data filed with the National Highway Traffic Safety Administration (NHTSA) reveals the two incidents.
The first crash took place in July 2025, shortly after Tesla launched its nascent Robotaxi network in Austin. The ADS reportedly struggled to move forward while stopped on a street. A teleoperator assumed control, gradually accelerating and turning left toward the roadside. The vehicle then mounted the curb and struck a metal fence.
In the second incident, in January 2026, the ADS was traveling straight when the safety monitor requested navigation support. The teleoperator took over from a stop, continued forward, and collided with a temporary construction barricade at approximately 9 mph, scraping the front-left fender and tire.
Tesla Robotaxi service in Austin achieves monumental new accomplishment
Tesla has previously told lawmakers that teleoperators are authorized to pilot vehicles remotely—but only at speeds below 10 mph, as the only maneuvers they were approved to perform were repositioning in awkward areas.
“This capability enables Tesla to promptly move a vehicle that may be in a compromising position, thereby mitigating the need to wait for a first responder or Tesla field representative to manually recover the vehicle,” the company stated in filings earlier this year.
Before this week, Tesla redacted the NHTSA reports, but they decided to reveal all 17 Robotaxi incidents recorded since the launch in Austin last Summer. Most of the other crashes involved the Tesla being struck by other road users and were not caused by the self-driving suite itself.
There were other incidents, including two additional self-caused accidents involving the ADS clipping side mirrors on parked cars. In September 2025, one Robotaxi struck a dog that darted into the roadway (the dog escaped unharmed), while another made an unprotected left turn into a parking lot and hit a metal chain.
Although Waymo and Zoox have reported more total crashes, Tesla operates at a far smaller scale. The cautious pace reflects the company’s broader safety concerns; it has been very slow with the Robotaxi rollout to ensure the suite is ready for operation.
Last month, CEO Elon Musk acknowledged that “making sure things are completely safe” remains the primary bottleneck to expanding the network, describing the company’s approach as “very cautious.”
The unredacted filings arrive amid heightened regulatory scrutiny of autonomous vehicles. NHTSA recently closed a separate probe into Tesla’s Full Self-Driving software repeatedly striking parking-lot obstacles such as bollards and chains—a problem that also prompted a recall at Waymo last year.
Tesla Robotaxi has been a widely successful program in its early days of operation, and the transparency Tesla brings here is greatly appreciated. Incidents will happen, of course, but the honesty gives customers and regulators a sense of where Tesla is in terms of developing its self-driving and fully autonomous ride-hailing suite.
Tesla Model Y prices just went up for the first time in two years
Elon Musk explains why he cannot be fired from SpaceX
