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Tesla teases Model S Plaid with refreshed interior: New touchscreen, Roadster steering wheel, and more

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Tesla revealed new images of the 2021 Refreshed Model S, showing an updated interior with a new, horizontal dash screen, a new steering wheel, wood grain trim, an updated center console, and a rear passenger touchscreen.

The Model S Refresh has been rumored to be taking place for several months. In December, the company shut down Model S and Model X production lines, initiating the thought that its long-standing sedan and SUV would get the updating they deserve.

The revamped interior includes a horizontal dash screen, hailing the design from the Model 3 and Model Y. Previously, the Model S and X both had a vertical touchscreen, spanning from the top of the dash to the center console. Tesla has taken a few pieces of inspiration from the new Model 3 interior and a wireless charging mechanism available below the center screen.

The steering wheel is reminiscent of the Tesla Roadster, with its half-circle design. Tesla has also made the Model S interior even more minimalistic than before, removing air-conditioning and heat vents. Utilizing the Airwave HVAC, the new design has the vents hidden and seems also to be inspired by the Model 3 and Model Y interior. The revised system will have tri-zone controls, allowing for customized airflow options for maximum comfortability.

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The Model S also received a newly-designed center console that is a clean, one-piece design. The Model 3 also received an updated center console and storage area, using a sliding door design instead of a traditional swinging architecture. For more storage, door pickets have also been added to the Model S, a feature that has long been absent from the sedan.

Three Displays

“With 2200×1300 resolution, ultra-bright colors with exceptional responsiveness and left-right tilt, the new center display is an ideal touchscreen for entertainment and gaming anywhere. A second display in front of the driver shows critical driving information, and a third display provides entertainment and controls for rear passengers.”

Credit: Tesla

Game from Anywhere

“Up to 10 teraflops of processing power enables in-car gaming on-par with today’s newest consoles via Tesla Arcade. Wireless controller compatibility allows gaming from any seat.”

Credit: Tesla

Tri-Zone Climate Controls

“Airflow and temperature are controlled entirely through the displays without any physical vents. On hot days, Cabin Overheat Protection ensures interiors always stay cool. In cold weather, pre-conditioning automatically warms the cabin and prepares the battery for maximum range.”

Credit: Tesla

Yoke Steering

“The ultimate focus on driving: no stalks, no shifting. With a stalkless steering yoke, you can enjoy both the best car to drive, and the best car to be driven in.”

Credit: Tesla

Glass Roof

“The full Glass Roof gives passengers a brighter, more spacious experience and unobstructed views of the sky. Infrared and UV light is effectively blocked before entering the cabin, reducing heat and glare even when the sun is directly overhead.”

Credit: Tesla

In the rear of the vehicle, the passengers will be given the opportunity to have their own small, centrally-located dash screen, which seems to be displaying a game. This indicates that passengers in the back will not get to miss out on all of the fun that the front occupants have, as they will now be involved in all of the gamification and fun that Tesla offers with its cars. Although not displayed, rear climate controls will also likely be available on this screen, keeping every passenger comfortable.

Teslarati spotted the new Model S at the Fremont Factory this past weekend, showing a newly revised body style that keeps the flagship sedan’s classic look with a few updated features. Wider body designs, coupled with several cosmetic updates, and performance modifications give the Tesla Model S the new design it surely deserves.

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Joey has been a journalist covering electric mobility at TESLARATI since August 2019. In his spare time, Joey is playing golf, watching MMA, or cheering on any of his favorite sports teams, including the Baltimore Ravens and Orioles, Miami Heat, Washington Capitals, and Penn State Nittany Lions. You can get in touch with joey at joey@teslarati.com. He is also on X @KlenderJoey. If you're looking for great Tesla accessories, check out shop.teslarati.com

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Elon Musk

Tesla finally clarifies fatal Texas crash, confirms driver manually overrode acceleration

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Credit: CNBC

Tesla has finally clarified the situation regarding the viral crash in Texas where a Model 3 slammed into a home.

CEO Elon Musk replied to reports on Monday that stated the crash was due to the company’s Full Self-Driving or Autopilot suite, which seemed unlikely to those who are familiar with it. Video showed the car slamming into a house at an excessive rate of speed, making it highly unlikely the crash was due to the suite’s operation, as it does not travel at those speeds in residential areas.

Musk said:

“This makes no sense. FSD drives slowly through neighborhood streets, and this was a high-speed crash!”

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Tesla’s Head of AI, Ashok Elluswamy, added context, revealing that the company’s data shows the driver “manually overrode self-driving by pressing the accelerator all the way to 100%.”

He revealed the speed reached by the car was 73 MPH, and the accelerator was still pressed “even after the crash.”

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Authorities are reportedly investigating “whether Tesla’s Autopilot system played a role after a Model 3 left the roadway…slammed through a brick house at high speed and fatally struck Matha Avila as she sat inside,” the New York Post reported.

The National Highway Traffic Safety Administration (NHTSA) is now investigating the crash. Tesla will work with the agency to provide them with whatever information they need in order to clarify the cause of the crash.

Similarly, Tesla had claims of a fatal accident in Harris County, Texas, a few years ago. Early reports indicated that Full Self-Driving was the cause of the crash. After the National Transportation Safety Board (NTSB) worked with Tesla, the agency proved there was “no use of the Autopilot system at any time during this ownership period of the vehicle, including the time frame up to the last transmitted timestamp on April 17, 2021.”

Tesla alleged “driverless” crash in Texas: What is known so far

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“Application of the accelerator pedal was found to be as high as 98.8 percent,” the NTSB said in their findings. The highest recorded speed in the five seconds leading up to the impact was 67 miles per hour. The area where the crash occurred is residential, and Texas State laws have default speed limits of 30 MPH in residential streets.

This appears to be a similar situation. However, an investigation will prove what happened for sure.

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Investor's Corner

SpaceX makes $20 billion move to optimize its balance sheet

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Credit: SpaceX

SpaceX announced today that it commenced its first-ever public bond offering, marking a significant step in the newly public company’s capital markets strategy.

The company announced an offering of senior unsecured notes expected to raise at least $20 billion.

The move comes just a short time after SpaceX completed one of the largest initial public offerings in history. In mid-June, the company priced shares at $135 and raised more than $85 billion, propelling founder Elon Musk’s net worth past the trillion-dollar mark and giving the firm substantial liquidity.

According to the company’s SEC filing, the net proceeds from the notes will be used primarily to repay in full the outstanding borrowings under its existing bridge loan facility, cover related fees and expenses, and fund general corporate purposes. The offering is being conducted under Rule 144A, as well as Regulation S, targeting qualified institutional buyers and non-U.S. investors. Notes will be unsecured obligations ranking equally with other unsubordinated debt.

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The $20 billion bridge loan was used to refinance approximately $17.5 billion in higher-cost “junk” debt tied to X and xAI. SpaceX had merged with xAI in February 2026 in an all-stock deal. The bridge facility, which matures in September 2027, had represented the bulk of SpaceX’s long-term debt.

SpaceX officially acquires xAI, merging rockets with AI expertise

In connection with the bond launch, SpaceX disclosed it held approximately $100.8 billion in cash and cash equivalents as of June 19. Investor calls began on the announcement date, with pricing and launch expected shortly thereafter. Rating agencies have assigned investment-grade ratings to the proposed bonds, reflecting confidence in SpaceX’s dominant position in commercial launches and the growth trajectory of its Starlink internet offering.

The debt raise also allows SpaceX to optimize its balance sheet by replacing short-term, higher-cost bridge financing with longer-date, lower-cost fixed-income securities. This provides greater financial flexibility to support capital-intensive initiatives, including the development of Starship, the expansion of the Starlink constellation, and the integration of AI capabilities following the xAI combination.

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SpaceX shares (NASDAQ: SPCX) fell sharply on the news, dropping over 16 percent overall on the market on Monday. The stock had surged initially after debuting but pulled back amid profit-taking and broader market dynamics.

Overall, the bond offering underscores SpaceX’s transition to a mature public company with access to diverse funding sources. It positions the firm to pursue its long-term vision of multiplanetary expansion and AI infrastructure, while maintaining a disciplined approach to its capital structure in a high-growth but capital-heavy industry.

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Elon Musk

SpaceX confirms third massive compute deal at Colossus data center

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Credit: xAI Memphis

SpaceX confirmed today that it has officially signed its third massive compute deal, providing compute at its Colossus data center in Southaven, Mississippi.

Reflection AI will gain immediate access to NVIDIA GB300 chips at SpaceX’s Colossus 2 data center. In return, Reflection will pay SpaceX $150 million per month starting on July 1, with total payments reaching approximately $6.3 billion if the contract runs through its duration, which is until 2029. Either party can terminate the agreement with 90 days’ notice after the initial three-month period.

CNBC first reported the deal.

This latest partnership highlights SpaceX’s strategy of commercializing its massive Colossus supercomputing infrastructure, originally developed to power Elon Musk’s Grok AI models. The company has rapidly expanded its customer base in the AI sector following its February 2026 merger with xAI, a transaction that valued the combined entity at $1.25 trillion.

SpaceX has previously signed significant compute deals with other major players.

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It granted Anthropic exclusive access to the full capacity of its Colossus 1 data center, which exceeds 300 megawatts and includes over 220,000 NVIDIA GPUs. Details from SpaceX’s IPO filings indicate Anthropic will pay $1.25 billion per month through May 2029, potentially generating around $45 billion over the term of the deal.

Additionally, Google agreed to pay SpaceX $920 million per month for compute capacity from October 2026 through June 2029. This 32-month period will provide Google access to roughly 110,000 NVIDIA GPUs, along with supporting processors and memory. Capacity ramps up through September at a reduced fee, with termination options after the first year.

SpaceXA also established arrangements for computing power with Cursor, an AI coding startup. SpaceX acquired them in a $60 billion all-stock deal.

SpaceX makes first acquisition post-IPO

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These arrangements position SpaceX’s collective position as an AI infrastructure powerhouse with high-margin revenue potential. The Google deal alone could generate nearly $29.5 billion over its term, while the Reflection contract adds another $6.3 billion.

Combined with the Anthropic arrangement, SpaceX stands to realize tens of billions in revenue from compute leasing in the coming years, which diversifies beyond SpaceX’s traditional rocket launches and Starlink operation.

The deals underscore growing demand for advanced AI training and inference capacity amid chip shortages and surging model development needs. Reflection, valued at $25 billion and focused on “American open intelligence” with government and national security ties, cited recent restrictions on closed models as validation for open-source approaches.

For SpaceX, the partnerships transform capital-intensive data centers into flexible revenue sources while supporting its broader AI ambitions after the company has gone public.

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