The Ford Mustang Mach-E has made waves in the electric vehicle sector, thanks to its combination of features, price, and its rather controversial name. Recently, the American automaker formally took a select group of reviewers in London for a brief ride in its newest electric car. Reviews of the short drive gave some insight on how Ford’s newest battery electric vehicle will compare to its most comparable counterparts, like the upcoming Tesla Model Y.
Car Magazine writer Tom Wiltshire shared that his first impressions of the Mach-E was that the vehicle looked smaller than its 4.7-meter length. Strangely enough, the vehicle’s Mustang cues actually work for the Mach-E, giving the all-electric crossover a distinct look that’s good and aggressive at the same time.
Make no mistake, the Mach-E is still a premium electric vehicle, and Car Magazine‘s writers noted that. The vehicle’s instant torque provided a satisfying surge of acceleration. That being said, the Mach-E’s 0-60 mph prototype’s run of less than five seconds does not hit “in the same way a Tesla would,” according to Wilshire. It’s plenty quick — just not Tesla quick.
The Ford Mustang Mach-E offers three driving modes that are interestingly (or perhaps strangely) dubbed as “Whisper,” “Engage,” and “Unbridled.” It also offers a One-Pedal Mode for regenerative braking, a feature Car and Driver writers raved about on the Model S. The suspension was firm but the seats were comfortable, making the ride pleasant. Its refinement was easily on Tesla’s level, according to the reviewers. However, its EU-required noisemaker was mostly absent of the “distinctive but emotional” sound that Ford listed for the car.
The car’s interior felt impressively high-quality and while the vehicle’s dash screen was difficult to operate, its speaker system is unique in that it spanned the full width of the car. This provides the Mach-E with great interior sound, though it would meet some strong competition with the Model Y and its custom Tesla speakers, which have garnered rave reviews from owners.
While it is too early to tell if the Mach-E will be a success, the look of the car its performance during its short drive through the streets of London was fairly impressive. “If the price tag is right and Ford can pull off the same trick it’s been doing for many years this could be an EV well worth watching,” Wiltshire wrote.
The Ford Mustang Mach-E will be competing in the same segment as the Tesla Model Y, and while the two vehicles are comparable for sure in terms of pricing, acceleration, range, and cargo capacity, they could inevitably complement each other in the growing crossover market. With competitive pricing and specs right on point with the Model Y, many of the electric crossovers that have been produced by some of the legacy automakers such as the Jaguar I-PACE could be in for a rude awakening.
Ford’s move toward electric vehicles was complimented by Tesla CEO Elon Musk, who has always noted that his company’s competition does not lie within other EVs, but within carmakers who refuse to adapt to the electric revolution. Sustainable transportation options are becoming more prevalent as some of the largest automakers in the world are fully embracing the new wave of transportation.
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Tesla China extends its 7-year financing promotion once more
The move marks Tesla’s second extension of the program this year.
Tesla has extended its seven-year ultra-low-interest and five-year interest-free financing programs in China once more, pushing the offers through March 31, the end of the first quarter.
The move marks Tesla’s second extension of the program this year. The financing plan was first introduced on January 6 as a strategy aimed at offsetting higher ownership costs ahead of China’s planned 5% NEV purchase tax in 2026.
The original promotion was set to expire at the end of January but was extended to the end of February. This has now been extended again through March.
The repeated extensions reflect growing competitive pressure. Tesla’s 2025 retail sales in China totaled 625,698 units, representing a 4.78% year-on-year decline, as per data compiled by CNEV Post. That being said, this decline is partly caused by the Model Y’s changeover to its new variant in Q1 2025, which resulted in lower sales during the quarter.
In early 2026, the Model Y also lost its position as China’s top-selling EV in January to Xiaomi’s YU7, though this was also a month when Tesla primarily exported vehicles to foreign territories, which pushed local delivery numbers lower.
During January 2026, Tesla China exported 50,644 vehicles, roughly 1.7 times higher than the same month a year ago and more than 15 times higher than December’s level.
Tesla’s financing push has not gone unanswered. BYD this week introduced its own seven-year low-interest plan across its Ocean lineup and Fang Cheng Bao sub-brand, also valid through March 31. Other competitors including NIO, XPeng, Li Auto, and Geely Auto have already rolled out extended-term loan programs as well.
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Tesla China focuses on local deliveries as Q1 enters final month
Tesla’s estimated delivery times for all variants of the Model 3 and Model Y in China were listed at just one to three weeks.
Tesla’s delivery wait times in China have dropped to some of their shortest levels in years, an apparent hint that Giga Shanghai has largely cleared its order backlog and currently has strong production capacity.
As of February 26, estimated delivery times for all variants of the Model 3 and Model Y in China were listed at just one to three weeks, as per observations of Tesla China’s official webpages by CNEV Post.
That marks a notable shift from the several-week or even two-month waits seen late last year.
The one-to-three-week delivery window suggests that Giga Shanghai is likely focusing on the local market, at least for now as the company enters the final month of the first quarter. Tesla China typically spends the first half of the quarter catering to markets that import vehicles from Giga Shanghai.
Historically, when Tesla’s wait times in China compress to their shortest levels, the company often follows with fresh market actions.
In past cycles, shortened delivery timelines were followed by promotional activity. After delivery windows narrowed to one to three weeks in early 2024, for example, Tesla later introduced an RMB 10,000 instant discount on Model Y final payments that year.
To spur local demand, Tesla recently extended its seven-year ultra-low-interest and five-year interest-free financing offers through March 31. This marks the second extension of the policy this year.
So far, posts from the Tesla community suggest that interest in the company’s vehicles among consumers in China is still strong. Videos of busy delivery centers across China have been shared on social media.
China’s competitive EV landscape has evolved as of late. With regulators discouraging aggressive price wars, automakers are increasingly leaning on financing incentives instead of direct price cuts. Major players including BYD, NIO, XPeng, and Li Auto have introduced similar loan extensions and promotional financing packages.
Elon Musk
Elon Musk’s The Boring Company closes Tunnel Vision Challenge
The Tunnel Vision Challenge invited individuals, companies, and governments to propose a tunnel project up to one mile long.
Elon Musk’s The Boring Company has officially closed submissions for its Tunnel Vision Challenge, confirming that a total of 487 entries were received before the deadline.
In a post on X, the company wrote, “Tunnel Vision Challenge is closed! 487 entries received – TBC team is excited to go through them all!” The company added that “We will select the top ~15 in the next week, and reach out with follow-up questions,” and that an “overall winner will be announced on March 23.”
The Tunnel Vision Challenge invited individuals, companies, and governments to propose a tunnel project up to one mile long with a 12-foot inner diameter. The winning entry will have its tunnel constructed free of charge.
Submissions could range from Loop passenger tunnels to freight, pedestrian, utility, or water tunnels. The only requirement was that the project clearly demonstrate how tunneling would meaningfully improve transportation or infrastructure between two points.
Just days before the deadline, the company provided an interim update noting that 407 entries had already been received. “Update on the Tunnel Vision Challenge – 1 mile of free tunnel! With 3 days left to submit, 407 entries have been received. Great to see enthusiasm for tunnels!” The Boring Company wrote at the time on X. By the close of submissions, the total had grown closer to 500 entries, hinting at strong interest in underground transportation solutions.
Entries are being evaluated on usefulness, stakeholder engagement, and technical, economic, and regulatory feasibility. Applicants were required to quantify projected benefits, such as time saved per rider or cost savings per shipment, and provide maps showing proposed alignments and other details. Submissions that included geotechnical or subsurface data are expected to receive additional consideration.
The Boring Company will fund the tunnel’s construction itself, though related infrastructure costs may be discussed with the winning team. The company also retains discretion to modify or cancel the challenge.
Tesla China extends its 7-year financing promotion once more
Tesla China focuses on local deliveries as Q1 enters final month
