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Tesla Model Y gets the full ‘Jay Leno’s Garage’ treatment: ‘It is fun, and it is addictive’
Devoted automotive enthusiast and outspoken Tesla fan Jay Leno got his hands on the Model Y Performance, the electric automaker’s newest crossover. Leno, a retired late-night talk show host, has had a long history of dealing with some of the world’s most impressive and famous cars. From a man whose car collection is worth an estimated $52 million, Leno has seen it all, which makes him an ideal candidate to give an honest and legitimate review of the Model Y.
Leno has a storied history with Tesla vehicles. After coming into contact with the first-ever production model of the Tesla Roadster in 2008, which Elon Musk delivered himself, Leno has owned a 2012 Model S and has also gotten firsthand looks at the Cybertruck and the Next-Gen Roadster.
The Model Y is different, though. It is Tesla’s second “mass-market” vehicle behind the Model 3, and it is expected to be the company’s most popular vehicle. Leno’s thoughts on the car, and his test of the Performance variant’s instant torque, gave plenty of insight for anyone walking the hypothetical tightrope between buying the vehicle and holding off.
Undoubtedly one of Leno’s favorite parts of the Model Y, which also applies to any Tesla vehicle, is the fact that the car is primarily locally sourced. “I like American-made stuff,” he said. While recognizing that Tesla employees do not make some of the car’s parts, the vast majority of the vehicle is. The seats, for example, are manufactured at a facility just a few miles away from where the cars are made in Northern California.
Versatility
Leno’s analysis sheds light on the fact that the car is perfect for the “young family.” The speed, particularly in the Performance variant, is excellent for those who want to have some fun while going from Point A to Point B. Meanwhile, the spacious trunk and fold-down rear seats would adequately pack a canoe, kayak, or simply give the kids enough room to make it to soccer practice comfortably. Leno even states that the Model Y could be the perfect place to sleep in an emergency.
Heat Pump
The heat pump that Tesla included in the Model Y was all the buzz in early-2020. Leno mentions that the efficiency of a heat pump highlights and compliments the efficiency of the vehicle overall, citing the system’s past uses in other cars. The system was included to help with range loss in cold climates, which was an issue with owners who dealt with long, harsh winters while driving their electric cars.
Interior
Despite recent reports from Edmunds that have stated Tesla’s minimalistic interior design is dangerous and inconvenient, Leno is a fan of what the Model Y looks like from the inside. From the wireless charging to the wood grain dash panel, Leno is in favor of Tesla’s design. It has certainly made the past interior designs of luxury vehicles look more intimidating than they are. Still, a large screen and a couple of steering wheel buttons are self-explanatory, and Leno enjoys it.
Performance
Leno admits that the Y feels a lot like his 2012 Model S, but the Y gives a slightly different experience considering its shape and center of gravity. The build of the car certainly doesn’t take away from the Performance. “You get the speed of a muscle car, with all the load-carrying capacity of a crossover. It’s a very eminently practical vehicle, and it’s fast,” Leno said. “It is fun, and it is addictive.”
Final Thoughts
Leno is a fan of Tesla, and the Model Y is just another vehicle that he loves. He stated that even though he likes the all-electric crossover, “I’m gonna wait for one of those Roadsters.” Leno does not have any children or grandchildren to haul around, and while he loves the sustainable aspect of Tesla, he has no use for an electric crossover. His Model S is still his daily driver because he believes the environmental impact is crucial and practical, and it fits him and his wife comfortably and in sleek style.
Watch Jay Leno’s extensive review of the Tesla Model Y below.
Tesla stock (NASDAQ: TSLA) closed at an all-time high on Tuesday, jumping over 3 percent during the day and finishing at $489.88.
The price beats the previous record close, which was $479.86.
Shares have had a crazy year, dipping more than 40 percent from the start of the year. The stock then started to recover once again around late April, when its price started to climb back up from the low $200 level.
This week, Tesla started to climb toward its highest levels ever, as it was revealed on Sunday that the company was testing driverless Robotaxis in Austin. The spike in value pushed the company’s valuation to $1.63 trillion.
Tesla Robotaxi goes driverless as Musk confirms Safety Monitor removal testing
It is the seventh-most valuable company on the market currently, trailing Nvidia, Apple, Alphabet (Google), Microsoft, Amazon, and Meta.
Shares closed up $14.57 today, up over 3 percent.
The stock has gone through a lot this year, as previously mentioned. Shares tumbled in Q1 due to CEO Elon Musk’s involvement with the Department of Government Efficiency (DOGE), which pulled his attention away from his companies and left a major overhang on their valuations.
However, things started to rebound halfway through the year, and as the government started to phase out the $7,500 tax credit, demand spiked as consumers tried to take advantage of it.
Q3 deliveries were the highest in company history, and Tesla responded to the loss of the tax credit with the launch of the Model 3 and Model Y Standard.
Additionally, analysts have announced high expectations this week for the company on Wall Street as Robotaxi continues to be the focus. With autonomy within Tesla’s sights, things are moving in the direction of Robotaxi being a major catalyst for growth on the Street in the coming year.
Elon Musk
Tesla needs to come through on this one Robotaxi metric, analyst says
“We think the key focus from here will be how fast Tesla can scale driverless operations (including if Tesla’s approach to software/hardware allows it to scale significantly faster than competitors, as the company has argued), and on profitability.”
Tesla needs to come through on this one Robotaxi metric, Mark Delaney of Goldman Sachs says.
Tesla is in the process of rolling out its Robotaxi platform to areas outside of Austin and the California Bay Area. It has plans to launch in five additional cities, including Houston, Dallas, Miami, Las Vegas, and Phoenix.
However, the company’s expansion is not what the focus needs to be, according to Delaney. It’s the speed of deployment.
The analyst said:
“We think the key focus from here will be how fast Tesla can scale driverless operations (including if Tesla’s approach to software/hardware allows it to scale significantly faster than competitors, as the company has argued), and on profitability.”
Profitability will come as the Robotaxi fleet expands. Making that money will be dependent on when Tesla can initiate rides in more areas, giving more customers access to the program.
There are some additional things that the company needs to make happen ahead of the major Robotaxi expansion, one of those things is launching driverless rides in Austin, the first city in which it launched the program.
This week, Tesla started testing driverless Robotaxi rides in Austin, as two different Model Y units were spotted with no occupants, a huge step in the company’s plans for the ride-sharing platform.
Tesla Robotaxi goes driverless as Musk confirms Safety Monitor removal testing
CEO Elon Musk has been hoping to remove Safety Monitors from Robotaxis in Austin for several months, first mentioning the plan to have them out by the end of 2025 in September. He confirmed on Sunday that Tesla had officially removed vehicle occupants and started testing truly unsupervised rides.
Although Safety Monitors in Austin have been sitting in the passenger’s seat, they have still had the ability to override things in case of an emergency. After all, the ultimate goal was safety and avoiding any accidents or injuries.
Goldman Sachs reiterated its ‘Neutral’ rating and its $400 price target. Delaney said, “Tesla is making progress with its autonomous technology,” and recent developments make it evident that this is true.
Investor's Corner
Tesla gets bold Robotaxi prediction from Wall Street firm
Last week, Andrew Percoco took over Tesla analysis for Morgan Stanley from Adam Jonas, who covered the stock for years. Percoco seems to be less optimistic and bullish on Tesla shares, while still being fair and balanced in his analysis.
Tesla (NASDAQ: TSLA) received a bold Robotaxi prediction from Morgan Stanley, which anticipates a dramatic increase in the size of the company’s autonomous ride-hailing suite in the coming years.
Last week, Andrew Percoco took over Tesla analysis for Morgan Stanley from Adam Jonas, who covered the stock for years. Percoco seems to be less optimistic and bullish on Tesla shares, while still being fair and balanced in his analysis.
Percoco dug into the Robotaxi fleet and its expansion in the coming years in his latest note, released on Tuesday. The firm expects Tesla to increase the Robotaxi fleet size to 1,000 vehicles in 2026. However, that’s small-scale compared to what they expect from Tesla in a decade.
Tesla expands Robotaxi app access once again, this time on a global scale
By 2035, Morgan Stanley believes there will be one million Robotaxis on the road across multiple cities, a major jump and a considerable fleet size. We assume this means the fleet of vehicles Tesla will operate internally, and not including passenger-owned vehicles that could be added through software updates.
He also listed three specific catalysts that investors should pay attention to, as these will represent the company being on track to achieve its Robotaxi dreams:
- Opening Robotaxi to the public without a Safety Monitor. Timing is unclear, but it appears that Tesla is getting closer by the day.
- Improvement in safety metrics without the Safety Monitor. Tesla’s ability to improve its safety metrics as it scales miles driven without the Safety Monitor is imperative as it looks to scale in new states and cities in 2026.
- Cybercab start of production, targeted for April 2026. Tesla’s Cybercab is a purpose-built vehicle (no steering wheel or pedals, only two seats) that is expected to be produced through its state-of-the-art unboxed manufacturing process, offering further cost reductions and thus accelerating adoption over time.
Robotaxi stands to be one of Tesla’s most significant revenue contributors, especially as the company plans to continue expanding its ride-hailing service across the world in the coming years.
Its current deployment strategy is controlled and conservative to avoid any drastic and potentially program-ruining incidents.
So far, the program, which is active in Austin and the California Bay Area, has been widely successful.
Tesla stock closes at all-time high on heels of Robotaxi progress
Tesla needs to come through on this one Robotaxi metric, analyst says
