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Tesla Model S Plaid hits Laguna Seca with giant rear wing in run-up to first deliveries
Tesla is preparing for Model S Plaid deliveries as it is beginning the final testing phases of the Tri-Motor, all-electric performance sedan that has been in development for several years.
After rumors surfaced of a record-setting Model S Plaid at the Auto Club Famoso Raceway, The Kilowatts ventured to Laguna Seca Raceway, where Tesla was also spotted testing several Model S variants. Upon the sighting of two Model S vehicles at the track, one red and one black, it became apparent that Tesla was testing the two cars ahead of initial deliveries.
BREAKING: Tesla is CURRENTLY attempting lap records in a couple of Model S Plaid (possibly a Plaid+) prototypes at Laguna Seca Raceway!
They just secured a 1:30:XX (unconfirmed time)
This is a developing story – more photos and videos to follow. pic.twitter.com/BqxPdK4k43— The Kilowatts 🚗⚡️ (@klwtts) May 14, 2021
In fact, one Model S appeared to have a retractable, adjustable spoiler, a device that seemed to be similar to the spoiler on early Model X builds. On early Model X vehicles, Tesla included a retractable, electric, active spoiler that the driver could control from the vehicle’s cockpit. Tesla eventually did away with this in 2017 and chose to go with a stationary spoiler instead.
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- Tesla Model S Plaid track testing at Laguna Seca Raceway (May 14 2021, Credit: The Kilowatts)
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- Tesla Model S Plaid rear wing spotted track testing at Laguna Seca Raceway (May 14 2021, Credit: The Kilowatts)
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- Tesla Model S Plaid track testing at Laguna Seca Raceway (May 14 2021, Credit: The Kilowatts)
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- Tesla Model S Plaid track testing at Laguna Seca Raceway (May 14 2021, Credit: The Kilowatts)
Credit: The Kilowatts
Interestingly, Tesla did utilize a spoiler on the Model S Plaid before. It occurred in late 2019 when the Model S Plaid hit the Nürburgring in Germany. While the variant of the Plaid Powertrain-fitted Model S was sporting a rear-spoiler in that instance, CEO Elon Musk confirmed to Teslarati that it would not be permanent and it was only going to be placed on the car temporarily for “rear downforce calibration.” Musk confirmed that the wing would not be utilized or crucial to impeccable performance, and it also wouldn’t be included in the production version of the vehicle.
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The big rear wing is only on for one day for rear downforce calibration. Isn’t needed to set ring record & won’t be in the production car.
— Elon Musk (@elonmusk) October 23, 2019
The Model S Plaid is no stranger to the Laguna Seca course, either. In September 2019, Tesla also set the Laguna Seca record for the fastest four-door vehicle ever with the Model S Plaid. With a record of 1:36.555, the Model S Plaid dethroned its sibling Model 3 Performance with a time of 1:37.5 and the all-time record set by a Jaguar XE SV Project 8 with a time of 1:37.54.
Deliveries of the new Model S vehicle builds could occur in the coming weeks. After a message to a Model S Plaid reservation holders indicated that an update to the anticipated delivery timelines should be coming within the next week. “Due to high volume of Model S orders Tesla has at this time, we currently don’t have an estimated delivery date for you but that should change within the next week, as soon as there is an estimated delivery date provided internally for you order, I will reach out ASAP,” the message said.
Tesla originally slated initial deliveries of the Plaid Model S for February, but Musk also told Teslarati that the car was still undergoing minor refinements and that there’s “nothing else even close.” It appears that what was running at Laguna Seca could definitely be the Plaid Model S variant that will make its way to customers very soon.
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Tesla is one of several automakers whose vehicles qualify for an awesome new first-time EV buyer incentive program in California.
The Golden State launched the MyFirstEV incentive program, which helps those buying an electric vehicle for the first time with a $3,500 incentive on new-inventory purchases of a Model 3 or Model Y.
First-time electric vehicle buyers in California can now get $3,500 off eligible Model 3 and Model Y new inventory vehicle purchases.
To be eligible, you must place your order on or after August 3, 2026 and take delivery while funds are still available. The incentive applies to… pic.twitter.com/yuXF00XA50
— Sawyer Merritt (@SawyerMerritt) August 4, 2026
The incentive requires an order on or after August 3, and delivery must be taken while the program is still being funded. California has set aside $135.5 million to help strengthen its SEV market and support automotive innovation.
Incentives are offered at the point of sale, and used EVs are also available for a partial incentive of $1,750. Half of the $3,500 and $1,750 incentive amounts are covered by California, with the other half being covered by participating OEMs.
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Additionally, rules apply for MSRP and how the vehicle will qualify for the incentive. Any vehicle from a non-California headquartered OEM must have an MSRP of $50,000 or less. Used vehicles must be priced at $25,000 or less and must be at least two model years older than the year of purchase.
The cars must also be purchased from manufacturers as certified pre-owned vehicles. Private dealerships are not eligible.
In total, California expects to incentivize over 73,000 ZEVs.
Participating Manufacturers
Fourteen total automakers are participating in California’s MyFirstEV program:
- Chevrolet – Launching August 2026
- Ford – Launching August 2026
- Honda – Launching September 2026
- Hyundai – Launching August 2026
- Kia – Launching August 2026
- Lexus – Launching September 2026
- Lucid – Launching August 2026
- Mitsubishi – Launching November 2026
- Nissan – Coming Soon
- Rivian – Coming Soon
- Subaru – Launching September 2026
- Tesla – Launching August 2026
- Toyota – Launching September 2026
- Volvo – Coming Soon
Elon Musk’s space exploration company, SpaceX (NASDAQ: SPCX), is set to report its earnings for the second quarter today in what will be its first-ever earnings call since going public in July.
SpaceX is trading down roughly 25 percent from its IPO. These early stock signals are usually a bit tumultuous, and considering this is the first company actively launching rockets that is available on the stock exchange, investors might have a tendency to be a bit skittish.
However, there are going to be some details that investors will hear for the first time today on the earnings call. Here’s what to look for:
Wall Street Expectations
Revenue is expected to fall somewhere around $6.8 billion, and will be heavily driven by Starlink, which is SpaceX’s widely popular satellite internet platform that has been adopted by numerous airlines, cruise ships, and other maritime operations. It is also available for consumers at home or in their cars.
Earnings Per Share (EPS) expectations fall at a net loss of $0.23 per share. Wall Street sees this as a total net loss of roughly $1.9 billion.
EBITDA is expected to come in between $2 billion and $2.1 billion.
What Investors Want to Know
Tesla uses the Say platform to help work with both retail and institutional investors to answer relevant and quality questions that address concerns or questions that they might have.
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However, SpaceX is doing things differently, as the company launched its own Investor Relations website where these questions are being fielded. Just like the Tesla questions, they seem to be less focused on the operational tasks and overall progress of the company, and more novelty.
Here are the top five:
- Has the team thought about what possibilities there are with your mascot Asteroid? Whether it’s starting additional foundations for kids in its name, helping kids learn about space, etc. Kids are our future, and Asteroid would be a fun and easy way to help.
- Baby Asteroid is already making a difference through charity around the world. Could SpaceX take it even further with programs that inspire kids to explore space?
- SpaceX has some legendary vehicle names. Would you ever allow the public to name a Starship, even knowing there is a 99% chance it becomes Shipy McShipface?
- When can we expect to see more footage of the Human Landing System?
- Will Asteroid (your mascot) go to Mars?
SpaceX will report its earnings today, August 4, at 4:30 P.M. EDT.
Lemonade has expanded its innovative Autonomous Car insurance program to Tennessee, giving Tesla owners in the state a substantial discount on Full Self-Driving (FSD) miles. Announced on August 3, the product offers 50 percent off every mile driven with FSD activated, positioning the digital insurer as a leader in pricing insurance around autonomous technology.
The program, marketed as Lemonade Autonomous Car insurance, uses a direct connection via Tesla’s Fleet API (with customer permission) to automatically distinguish FSD-engaged miles from manual driving. Policyholders pay a low base rate when the vehicle is stationary and a few cents per mile when moving, with the 50 percent reduction applied specifically to FSD miles.
If you’re driving a Tesla in Tennessee, FSD miles now cost 50% less to insure with Lemonade. Autonomous Car is now live in TN.https://t.co/4CDTuhyORi pic.twitter.com/QZk4LBIs6f
— Lemonade (@Lemonade_Inc) August 3, 2026
Coverage includes standard protections such as liability, collision, comprehensive, roadside assistance, and Tesla-specific benefits like access to certified repair shops and emergency crash services. Eligible vehicles require Hardware 4, as well as recent firmware.
Lemonade first unveiled the product on January 21 of this year, describing it as a first-of-its-kind offering designed for self-driving cars, starting with Tesla FSD. It began rolling out in Arizona on January 26, followed by Oregon about a month later. Subsequent expansions brought it to Indiana in early June 2026 and Colorado later that month.
Tennessee marks the fifth state.
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Tesla Full Self-Driving gets outrageous insurance offer with insanely cheap rates
The discount rests on Lemonade’s strong belief in the safety of Tesla’s FSD system. The company cites Tesla’s data showing that FSD-driven miles are twice as safe as those driven manually, or associated with roughly a 50 percent crash reduction.
Lemonade Co-founder and President Shai Wininger has emphasized this distinction: “Traditional insurers treat a Tesla like any other car, and AI like any other driver. But a car that sees 360 degrees, never gets drowsy, and reacts in milliseconds can’t be compared to a human.”
He added that “Teslas driven with FSD are involved in far fewer accidents” and committed that as FSD software improves and becomes safer, Lemonade’s prices will drop further.
Tesla Full Self-Driving gets an offer to be insured for ‘almost free’
This approach leverages Lemonade’s existing pay-per-mile technology and AI-driven risk models, which analyze nuanced vehicle data including software version and sensor performance. The company expects the model to reward higher FSD usage with greater savings while supporting mixed households that include both Tesla and non-Tesla vehicles under one policy. Bundling with home, renters, or pet insurance can yield additional discounts.
As autonomous driving technology advances, Lemonade’s state-by-state expansion of usage-based pricing that directly reflects real-world safety data represents a notable shift in how insurers evaluate risk.
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Tesla owners in the five available states – Arizona, Oregon, Indiana, Colorado, and now Tennessee – can obtain quotes quickly through the Lemonade app or website, potentially lowering the overall cost of ownership for vehicles equipped with advanced driver-assistance systems. Further states are expected as regulatory approvals progress.
Tesla qualifies for awesome new first-time EV buyer incentive in California
SpaceX to report first-ever earnings today: here’s what to expect
