News
Tesla Model S Plaid gets drag race challenge from Ford Mustang Mach-E 1400
It appears that the newly-unveiled Tesla Model S Plaid has received its first challenge, and from a worthy competitor, no less. In a recent post on Twitter, Ford CEO Jim Farley responded positively to the idea of the Ford Mustang Mach-E 1400 — the automaker’s one-off monster— drag racing the Tesla Model S Plaid.
The suggestion came as a response to an initial post from the Ford CEO thanking Ford Performance for letting him take the 1400-hp monster out for a spin. Asked if the Mach-E 1400 would be drag racing the Tesla Model S Plaid “for bragging rights,” Farley responded with a quick “Good idea.” This, of course, practically sets the stage for one of the most exciting all-electric drag races to date.
I can confirm the all-electric #MustangMachE 1400 is an absolute machine. Thanks @FordPerformance for letting me test drive it. pic.twitter.com/NOgtk4ZOhO
— Jim Farley (@jimfarley98) June 12, 2021
Describing the Ford Mustang Mach-E 1400 as a monster is not an exaggeration. The one-off vehicle features a whopping seven electric motors, three in the front and four at the rear. These motors make a total of 1,400 hp (hence the vehicle’s name), and its giant wing and other aero components produce over 2,300 lbs of downforce at 160 mph. It’s a beast that’s designed for the track, as highlighted by its Brembo brakes with hydraulic handbrake.
Good idea
— Jim Farley (@jimfarley98) June 12, 2021
In comparison, the Tesla Model S Plaid may seem almost conservative specs-wise. The vehicle, which held its first deliveries to customers last week, features three electric motors that produce 1,020 hp. It’s also noticeably larger than the Mach-E 1400, due to it being a legitimate four-door family sedan that could transport a family and a healthy amount of luggage without any issues.
Broken record. #ModelSPlaid https://t.co/Sxv6Wwf2Og
— Franz von Holzhausen (@woodhaus2) June 13, 2021
But while the Mustang Mach-E 1400 holds an edge against the Model S Plaid when it comes to horsepower, the two vehicles’ quarter-mile times are actually very competitive. Tesla advertises the Model S Plaid to have a 0-60 mph time of 1.99 seconds that allows it to hit the quarter-mile in 9.23 seconds at 155 mph trap speed. Granted, these are manufacturer numbers, but noted car enthusiast Jay Leno did complete a quarter mile in the Model S Plaid in 9.247 seconds at 152.09 mph.
In comparison, the Ford Mustang Mach-E 1400 completed the quarter mile in 10.78 seconds at 134.5 mph during an exhibition drag race last April, as per a video posted by Ford Performance on YouTube. With this in mind, it appears that the Model S Plaid actually has a legitimate fighting chance against the one-off monster. The only question now, of course, is if Tesla CEO Elon Musk would accept the invitation.
Musk, after all, previously accepted a challenge from Ford against the Cybertruck in the past, only to have the invitation withdrawn soon after.
Watch the Ford Mustang Mach-E in action on the drag strip in the video below.
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News
Tesla ends Full Self-Driving purchase option in the U.S.
In January, Musk announced that Tesla would remove the ability to purchase the suite outright for $8,000. This would give the vehicle Full Self-Driving for its entire lifespan, but Tesla intended to move away from it, for several reasons, one being that a tranche in the CEO’s pay package requires 10 million active subscriptions of FSD.
Tesla has officially ended the option to purchase the Full Self-Driving suite outright, a move that was announced for the United States market in January by CEO Elon Musk.
The driver assistance suite is now exclusively available in the U.S. as a subscription, which is currently priced at $99 per month.
Tesla moved away from the outright purchase option in an effort to move more people to the subscription program, but there are concerns over its current price and the potential for it to rise.
In January, Musk announced that Tesla would remove the ability to purchase the suite outright for $8,000. This would give the vehicle Full Self-Driving for its entire lifespan, but Tesla intended to move away from it, for several reasons, one being that a tranche in the CEO’s pay package requires 10 million active subscriptions of FSD.
Although Tesla moved back the deadline in other countries, it has now taken effect in the U.S. on Sunday morning. Tesla updated its website to reflect this:
🚨 Tesla has officially moved the outright purchase option for FSD on its website pic.twitter.com/RZt1oIevB3
— TESLARATI (@Teslarati) February 15, 2026
There are still some concerns regarding its price, as $99 per month is not where many consumers are hoping to see the subscription price stay.
Musk has said that as capabilities improve, the price will go up, but it seems unlikely that 10 million drivers will want to pay an extra $100 every month for the capability, even if it is extremely useful.
Instead, many owners and fans of the company are calling for Tesla to offer a different type of pricing platform. This includes a tiered-system that would let owners pick and choose the features they would want for varying prices, or even a daily, weekly, monthly, and annual pricing option, which would incentivize longer-term purchasing.
Although Musk and other Tesla are aware of FSD’s capabilities and state is is worth much more than its current price, there could be some merit in the idea of offering a price for Supervised FSD and another price for Unsupervised FSD when it becomes available.
Elon Musk
Musk bankers looking to trim xAI debt after SpaceX merger: report
xAI has built up $18 billion in debt over the past few years, with some of this being attributed to the purchase of social media platform Twitter (now X) and the creation of the AI development company. A new financing deal would help trim some of the financial burden that is currently present ahead of the plan to take SpaceX public sometime this year.
Elon Musk’s bankers are looking to trim the debt that xAI has taken on over the past few years, following the company’s merger with SpaceX, a new report from Bloomberg says.
xAI has built up $18 billion in debt over the past few years, with some of this being attributed to the purchase of social media platform Twitter (now X) and the creation of the AI development company. Bankers are trying to create some kind of financing plan that would trim “some of the heavy interest costs” that come with the debt.
The financing deal would help trim some of the financial burden that is currently present ahead of the plan to take SpaceX public sometime this year. Musk has essentially confirmed that SpaceX would be heading toward an IPO last month.
The report indicates that Morgan Stanley is expected to take the leading role in any financing plan, citing people familiar with the matter. Morgan Stanley, along with Goldman Sachs, Bank of America, and JPMorgan Chase & Co., are all expected to be in the lineup of banks leading SpaceX’s potential IPO.
Since Musk acquired X, he has also had what Bloomberg says is a “mixed track record with debt markets.” Since purchasing X a few years ago with a $12.5 billion financing package, X pays “tens of millions in interest payments every month.”
That debt is held by Bank of America, Barclays, Mitsubishi, UFJ Financial, BNP Paribas SA, Mizuho, and Société Générale SA.
X merged with xAI last March, which brought the valuation to $45 billion, including the debt.
SpaceX announced the merger with xAI earlier this month, a major move in Musk’s plan to alleviate Earth of necessary data centers and replace them with orbital options that will be lower cost:
“In the long term, space-based AI is obviously the only way to scale. To harness even a millionth of our Sun’s energy would require over a million times more energy than our civilization currently uses! The only logical solution, therefore, is to transport these resource-intensive efforts to a location with vast power and space. I mean, space is called “space” for a reason.”
The merger has many advantages, but one of the most crucial is that it positions the now-merged companies to fund broader goals, fueled by revenue from the Starlink expansion, potential IPO, and AI-driven applications that could accelerate the development of lunar bases.
News
Tesla pushes Full Self-Driving outright purchasing option back in one market
Tesla announced last month that it would eliminate the ability to purchase the Full Self-Driving software outright, instead opting for a subscription-only program, which will require users to pay monthly.
Tesla has pushed the opportunity to purchase the Full Self-Driving suite outright in one market: Australia.
The date remains February 14 in North America, but Tesla has pushed the date back to March 31, 2026, in Australia.
NEWS: Tesla is ending the option to buy FSD as a one-time outright purchase in Australia on March 31, 2026.
It still ends on Feb 14th in North America. https://t.co/qZBOztExVT pic.twitter.com/wmKRZPTf3r
— Sawyer Merritt (@SawyerMerritt) February 13, 2026
Tesla announced last month that it would eliminate the ability to purchase the Full Self-Driving software outright, instead opting for a subscription-only program, which will require users to pay monthly.
If you have already purchased the suite outright, you will not be required to subscribe once again, but once the outright purchase option is gone, drivers will be required to pay the monthly fee.
The reason for the adjustment is likely due to the short period of time the Full Self-Driving suite has been available in the country. In North America, it has been available for years.
Tesla hits major milestone with Full Self-Driving subscriptions
However, Tesla just launched it just last year in Australia.
Full Self-Driving is currently available in seven countries: the United States, Canada, China, Mexico, Australia, New Zealand, and South Korea.
The company has worked extensively for the past few years to launch the suite in Europe. It has not made it quite yet, but Tesla hopes to get it launched by the end of this year.
In North America, Tesla is only giving customers one more day to buy the suite outright before they will be committed to the subscription-based option for good.
The price is expected to go up as the capabilities improve, but there are no indications as to when Tesla will be doing that, nor what type of offering it plans to roll out for owners.