News
Tesla Model S Plaid races two of the world’s quickest sedans. The results were not close
There was a time when the Porsche Taycan Turbo S was considered extremely quick. Being one of the few cars that could beat the Tesla Model S P100D with Ludicrous Mode in the drag strip, the Taycan was the car that proved that veteran carmakers should not be ignored in the electric vehicle race. It’s a beautiful vehicle, it handles like a Porsche, and it’s devilishly fast.
But that was before the arrival of the Tesla Model S Plaid. With three electric motors and over 1,000 horsepower, the Model S Plaid was a completely different animal. And even with new competitors like the Lucid Air Dream Edition, which was recently tested to be capable of completing the quarter-mile 10.21 seconds at 143.37 mph, the Plaid seems like it exists in a league of its own.
And this, ultimately, was proven in a recently posted video from Brooks Weisblat of the DragTimes YouTube channel. After featuring the Lucid Air in three videos so far, the veteran drag racer opted to race the newcomer against both the Tesla Model S Plaid and the Porsche Taycan Turbo S. A triple-threat race is always fun, but when it involves three of the world’s quickest sedans, then things become very interesting.
The three vehicles are pretty different on paper. The Lucid Air Performance Dream Edition is listed with two electric motors that make 1,111 horsepower and a weight of 5,236 pounds. It also costs a hefty $170,000. The Taycan Turbo S is a Porsche through and through, with its two electric motors that make 750 horsepower, 2-speed transmission, and its weight of 5,300 pounds. It’s also the most expensive of the three at $218,000 for the specific trim featured in the video.
Compared to its two competitors, the Tesla Model S Plaid seems to be a completely different beast. It features three electric motors that make 1,020 horsepower and it weighs 4,833 pounds, making it the lightest of the three. This is quite interesting since the vehicle is a full-sized family sedan. It’s also the most affordable at just around $130,000 before options. Also interesting was that the Plaid had the lowest state of charge during the race with its 82% battery. The Lucid Air had 86% of its battery left, and the Taycan Turbo S had 90%.
The three vehicles engaged each other in three separate races: two standing drag races and one rolling race. And in each bout, the Tesla Model S Plaid completely dominated its competition. It’s pretty amazing to see in DragTimes‘ video, but the Plaid almost made the Lucid Air look moderately quick, and the Taycan Turbo S look like it was standing still. Based on these results, it would seem like the only vehicle that could soundly beat the Model S Plaid today for now is the Rimac Nevera, and that’s an all-electric hypercar worth millions of dollars. Among fellow performance sedans in its price range, it seems that the Tesla Model S Plaid is near-untouchable.
Watch the Tesla Model S Plaid battle with the Lucid Air and the Porsche Taycan in the video below.
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Elon Musk
SpaceX IPO could push Elon Musk’s net worth past $1 trillion: Polymarket
The estimates were shared by the official Polymarket Money account on social media platform X.
Recent projections have outlined how a potential $1.75 trillion SpaceX IPO could generate historic returns for early investors. The projections suggest the offering would not only become the largest IPO in history but could also result in unprecedented windfalls for some of the company’s key investors.
The estimates were shared by the official Polymarket Money account on social media platform X.
As noted in a Polymarket Money analysis, Elon Musk invested $100 million into SpaceX in 2002 and currently owns approximately 42% of the company. At a $1.75 trillion valuation following SpaceX’s potential $1.75 trillion IPO, that stake would be worth roughly $735 billion.
Such a figure would dramatically expand Musk’s net worth. When combined with his holdings in Tesla Inc. and other ventures, a public debut at that level could position him as the world’s first trillionaire, depending on market conditions at the time of listing.
The Bloomberg Billionaires Index currently lists Elon Musk with a net worth of $666 billion, though a notable portion of this is tied to his TSLA stock. Tesla currently holds a market cap of $1.51 trillion, and Elon Musk’s currently holds about 13% to 15% of the company’s outstanding common stock.
Founders Fund, co-founded by Peter Thiel, invested $20 million in SpaceX in 2008. Polymarket Money estimates the firm owns between 1.5% and 3% of the private space company. At a $1.75 trillion valuation, that range would translate to approximately $26.25 billion to $52.5 billion in value.
That return would represent one of the most significant venture capital outcomes in modern Silicon Valley history, with a growth of 131,150% to 262,400%.
Alphabet Inc., Google’s parent company, invested $900 million into SpaceX in 2015 and is estimated to hold between 6% and 7% of the private space firm. At the projected IPO valuation, that stake could be worth between $105 billion and $122.5 billion. That’s a growth of 11,566% to 14,455%.
Other major backers highlighted in the post include Fidelity Investments, Baillie Gifford, Valor Equity Partners, Bank of America, and Andreessen Horowitz, each potentially sitting on multibillion-dollar gains.
News
Tesla expands global FSD (Supervised) testing with Abu Dhabi trials
The program marks the emirate’s first formal testing framework for Tesla’s supervised autonomous driving technology.
Tesla has started its first Full Self-Driving (Supervised) road trials in Abu Dhabi under the oversight of the Integrated Transport Centre, also known as Abu Dhabi Mobility.
The program marks the emirate’s first formal testing framework for Tesla’s supervised autonomous driving technology.
FSD (Supervised) road trials are being conducted with the support of the Smart and Autonomous Systems Council and in coordination with the Legislation Lab at the General Secretariat of the UAE Cabinet.
Dr. Abdulla Hamad AlGhfeli, Acting Director General of the Integrated Transport Centre (Abu Dhabi Mobility), highlighted the agency’s regulatory role in overseeing the FSD (Supervised) tests in a press release.
“The supervision of the Integrated Transport Centre (Abu Dhabi Mobility) over the commencement of Tesla’s advanced autonomous driving technology tests reflects its regulatory and legislative role. These tests represent a qualitative step to evaluate the technology’s performance in a real-world operating environment and to collect the necessary data to verify its readiness before any future expansion in usage.
“Through this organized framework, and in cooperation with strategic partners, we seek to achieve a balance between supporting innovation and encouraging the adoption of smart solutions on one hand and ensuring the safety of road users on the other, in line with the emirate’s direction to develop an advanced, safe, and sustainable transport system,” he said.
Tesla is putting a lot of effort into expanding the rollout of FSD (Supervised) to territories outside in the United States. During a recent interview with Giga Berlin plant manager Andre Thierig, Musk stated that Tesla is looking to secure approval for FSD (Supervised) in the Netherlands this coming March.
“Tesla has the most advanced real-world AI, and hopefully, it will be approved soon in Europe. We’re told by the authorities that March 20th, it’ll be approved in the Netherlands,’ what I was told. Hopefully, that date remains the same. But I think people in Europe are going to be pretty blown away by how good the Tesla car AI is in being able to drive,” Musk stated.
Elon Musk
SpaceX considering confidential IPO filing this March: report
The filing could pave the way for a June listing at a valuation that may exceed $1.75 trillion.
SpaceX is reportedly preparing to confidentially file for an initial public offering (IPO) as soon as March. The filing could pave the way for a June listing at a valuation that may exceed $1.75 trillion, potentially making it the largest IPO in history.
The update was initially reported by Bloomberg News, which cited information shared by people reportedly familiar with the matter.
As per the publication, a confidential filing allows a company to receive regulatory feedback before publicly releasing its financials. Bloomberg’s source, however, noted that the timing of SpaceX’s IPO is still under discussion and plans could change.
SpaceX did not immediately respond to requests for comment.
A March submission would mark the clearest step yet toward bringing Elon Musk’s private space company into public markets. People familiar with the preparations said the offering could raise as much as $50 billion. That would surpass the $29 billion debut of Saudi Aramco in 2019, currently the largest IPO on record.
Major banks including Goldman Sachs Group Inc., JPMorgan Chase & Co., Morgan Stanley, and Bank of America Corp. are reportedly positioned for senior roles in the transaction. SpaceX is also said to be considering a dual-class structure that would allow insiders, including Musk, to retain enhanced voting control.
Satellite communications provider EchoStar Corp., which holds a stake in SpaceX, reportedly saw its shares rise following news of the potential filing.
At a valuation exceeding $1.75 trillion, SpaceX would immediately have a larger market cap than all but five of the companies traded in the S&P 500 index. That figure would place it ahead of Meta Platforms Inc. and Tesla Inc. by market capitalization, trailing only a small group of mega-cap firms such as Apple Inc. and Microsoft Corp.
The scale of the proposed valuation reflects SpaceX’s dominance in orbital launch services and its Starlink satellite network, which serves millions of users globally. The company has also outlined long-term expansion plans tied to higher Starship launch cadence, orbital infrastructure, and lunar development initiatives.
SpaceX IPO could push Elon Musk’s net worth past $1 trillion: Polymarket
Tesla expands global FSD (Supervised) testing with Abu Dhabi trials
