News
Tesla Model Y CARB certification published, hinting at stellar range and imminent delivery
Tesla Model Y’s certification from the California Air Resources Board (CARB) is out and this is a huge development for consumers longing to get behind the wheel of the all-electric crossover.
Automotive journalist Bozi Tatarevic first spotted the Tesla Model Y Performance All-Wheel Drive CARB certification online, which fueled speculation by user Alter Viggo that first deliveries of the Model Y might start soon. Alter Viggo recalled that the electric carmaker signed the Long Range Rear-Wheel Drive Model 3’s certificate about 25 days before making the first deliveries in July 2017.
https://twitter.com/AlterViggo/status/1216862750837739527?s=20
Based on the document posted on the website, the Model Y’s Urban Dynamometer Driving Schedule (UDDS) is 441.91 miles. The UDDS is the mandated dynamometer test of the Environmental Protection Agency (EPA) for light-duty vehicles and represents how far an electric vehicle can go on a single charge.
One should take note that the UDDS is only for the purpose of certification and does not reflect the real-world range. According to Tatarevic, “It roughly translates to real-world city range with a multiplier of 0.7 so this would mean an estimate of around 309 miles of city range for the Model Y.” The electric car manufacturer lists the Model Y Performance range on its website as 280 miles based on EPA estimates. If the Model Y hits a range of around 309 miles, this puts it close to the range of its Model 3 sibling that hits 310 miles on a single charge. However, while the two vehicles share about 75 percent of their DNA, the electric crossover would be heavier than the two and that would logically affect range unless Tesla was able to find a way to boost the range of the Model Y.
Tesla originally planned to make the first Model Y deliveries by the Fall of 2020 but later on moved the schedule up to Summer this year. Of course, there are speculations in the electric vehicle community that it might do it sooner. There have been more and more sightings of the electric crossover around the United States lately and the Model Y prototypes recently spotted were looking more refined and production-ready. These sightings of seemingly-production ready units on the road might be another strong indication that Tesla is ready to handover the Model Y to consumers soon. If Tesla delivers the Model Y soon, it will be a big boost for the brand as it beats production schedule expectations and hits the market that’s hungry for SUVs.
The Model Y will be produced at Tesla’s Fremont facility but CEO Elon Musk has also formally launched the Model Y program in China during the recent Gigafactory 3 event in Shanghai. Likewise, the vehicle will also be produced during the initial phase of production once Gigafactory 4 in Germany is up and running.
Musk has also expressed confidence in the upcoming all-electric crossover saying that the Model Y demand might be even higher than the combined demands for existing Tesla vehicles. The Model Y is expected to go on a head-on collision with other luxury crossovers such as the Audi Q5, BMW X3, and the Jaguar I-PACE. It will most likely take a bite of the market share of more affordable rides such as Toyota’s RAV4 and the Honda CR-V.
The Model Y Performance will have a purchase price of $61,000 while the Rear-Wheel Drive Long Range and Dual Motor All-Wheel Drive Long Range will cost $8000 and $52,000, respectively.

Elon Musk
Elon Musk confirms xAI’s purchase of five 380 MW natural gas turbines
The deal, which was confirmed by Musk on X, highlights xAI’s effort to aggressively scale its operations.
xAI, Elon Musk’s artificial intelligence startup, has purchased five additional 380 MW natural gas turbines from South Korea’s Doosan Enerbility to power its growing supercomputer clusters.
The deal, which was confirmed by Musk on X, highlights xAI’s effort to aggressively scale its operations.
xAI’s turbine deal details
News of xAI’s new turbines was shared on social media platform X, with user @SemiAnalysis_ stating that the turbines were produced by South Korea’s Doosan Enerbility. As noted in an Asian Business Daily report, Doosan Enerbility announced last October that it signed a contract to supply two 380 MW gas turbines for a major U.S. tech company. Doosan later noted in December that it secured an order for three more 380 MW gas turbines.
As per the X user, the gas turbines would power an additional 600,000+ GB200 NVL72 equivalent size cluster. This should make xAI’s facilities among the largest in the world. In a reply, Elon Musk confirmed that xAI did purchase the turbines. “True,” Musk wrote in a post on X.
xAI’s ambitions
Recent reports have indicated that xAI closed an upsized $20 billion Series E funding round, exceeding the initial $15 billion target to fuel rapid infrastructure scaling and AI product development. The funding, as per the AI startup, “will accelerate our world-leading infrastructure buildout, enable the rapid development and deployment of transformative AI products.”
The company also teased the rollout of its upcoming frontier AI model. “Looking ahead, Grok 5 is currently in training, and we are focused on launching innovative new consumer and enterprise products that harness the power of Grok, Colossus, and 𝕏 to transform how we live, work, and play,” xAI wrote in a post on its website.
Elon Musk
Elon Musk’s xAI closes upsized $20B Series E funding round
xAI announced the investment round in a post on its official website.
xAI has closed an upsized $20 billion Series E funding round, exceeding the initial $15 billion target to fuel rapid infrastructure scaling and AI product development.
xAI announced the investment round in a post on its official website.
A $20 billion Series E round
As noted by the artificial intelligence startup in its post, the Series E funding round attracted a diverse group of investors, including Valor Equity Partners, Stepstone Group, Fidelity Management & Research Company, Qatar Investment Authority, MGX, and Baron Capital Group, among others.
Strategic partners NVIDIA and Cisco Investments also continued support for building the world’s largest GPU clusters.
As xAI stated, “This financing will accelerate our world-leading infrastructure buildout, enable the rapid development and deployment of transformative AI products reaching billions of users, and fuel groundbreaking research advancing xAI’s core mission: Understanding the Universe.”
xAI’s core mission
Th Series E funding builds on xAI’s previous rounds, powering Grok advancements and massive compute expansions like the Memphis supercluster. The upsized demand reflects growing recognition of xAI’s potential in frontier AI.
xAI also highlighted several of its breakthroughs in 2025, from the buildout of Colossus I and II, which ended with over 1 million H100 GPU equivalents, and the rollout of the Grok 4 Series, Grok Voice, and Grok Imagine, among others. The company also confirmed that work is already underway to train the flagship large language model’s next iteration, Grok 5.
“Looking ahead, Grok 5 is currently in training, and we are focused on launching innovative new consumer and enterprise products that harness the power of Grok, Colossus, and 𝕏 to transform how we live, work, and play,” xAI wrote.
Investor's Corner
Tesla gets price target bump, citing growing lead in self-driving
Tesla (NASDAQ: TSLA) stock received a price target update from Pierre Ferragu of Wall Street firm New Street Research, citing the company’s growing lead in self-driving and autonomy.
On Tuesday, Ferragu bumped his price target from $520 to $600, stating that the consensus from the Consumer Electronics Show in Las Vegas was that Tesla’s lead in autonomy has been sustained, is growing, and sits at a multiple-year lead over its competitors.
CES 2026 validates Tesla’s FSD strategy, but there’s a big lag for rivals: analyst
“The signal from Vegas is loud and clear,” the analyst writes. “The industry isn’t catching up to Tesla; it is actively validating Tesla’s strategy…just with a 12-year lag.”
The note shows that the company’s prowess in vehicle autonomy is being solidified by lagging competitors that claim to have the best method. The only problem is that Tesla’s Vision-based approach, which it adopted back in 2022 with the Model 3 and Model Y initially, has been proven to be more effective than competitors’ approach, which utilizes other technology, such as LiDAR and sensors.
Currently, Tesla shares are sitting at around $433, as the company’s stock price closed at $432.96 on Tuesday afternoon.
Ferragu’s consensus on Tesla shares echoes that of other Wall Street analysts who are bullish on the company’s stock and position within the AI, autonomy, and robotics sector.
Dan Ives of Wedbush wrote in a note in mid-December that he anticipates Tesla having a massive 2026, and could reach a $3 trillion valuation this year, especially with the “AI chapter” taking hold of the narrative at the company.
Ives also said that the big step in the right direction for Tesla will be initiating production of the Cybercab, as well as expanding on the Robotaxi program through the next 12 months:
“…as full-scale volume production begins with the autonomous and robotics roadmap…The company has started to test the all-important Cybercab in Austin over the past few weeks, which is an incremental step towards launching in 2026 with important volume production of Cybercabs starting in April/May, which remains the golden goose in unlocking TSLA’s AI valuation.”
Tesla analyst breaks down delivery report: ‘A step in the right direction’
Tesla has transitioned from an automaker to a full-fledged AI company, and its Robotaxi and Cybercab programs, fueled by the Full Self-Driving suite, are leading the charge moving forward. In 2026, there are major goals the company has outlined. The first is removing Safety Drivers from vehicles in Austin, Texas, one of the areas where it operates a ride-hailing service within the U.S.
Ultimately, Tesla will aim to launch a Level 5 autonomy suite to the public in the coming years.