

News
Tesla unveils the Model Y: 300-mile range, 7 seats, and $39k base price
The Tesla Model Y is here, and it is everything that we wanted it to be, plus a little bit more. Elon Musk revealed the all-electric SUV before Tesla enthusiasts and guests at the LA Design Center on Thursday, and based on the community’s reaction; the Model Y seemed to have met expectations.
Design
The Model Y is recognizable as a Tesla from first glance. True to a number of teasers that have been released over the past weeks, the Model Y is a larger, somewhat bulkier version of the Model 3. Inside the vehicle, the Model Y is all Model 3, with the dashboard being dominated by the same 15″ touchscreen, which controls the majority of the vehicle’s functions. The Tesla Model Y is an SUV that seats seven passengers comfortably, and it has 66 cu ft of cargo space.
Performance
The Model Y comes in four variants: the Standard Range, Long Range, Dual Motor AWD, and Performance versions. The Standard Range variant goes from 0-60 mph in 5.9 seconds, the Long Range in 5.5 seconds, the Dual Motor AWD in 4.8 seconds, and the Performance trim in a Model 3-comparable 3.5 seconds. Top speed for the Model Y is 120 mph for the Standard Range, 130 mph for the Long Range, 135 mph for the Dual Motor AWD, and 150 mph for the Performance version.
Range
Being a Tesla, the Model Y is equipped with impressive range. The Standard Range version goes 230 miles on one charge, while the Long Range version goes 300 miles in one charge. Both the Dual Motor AWD and Performance Model Y get 280 miles of range per charge.
Charging
The Model Y is built to be fully compatible with the Supercharger V3 network, which supports charging at 250 kW. This translates to a charging speed of up to 1,000 miles per hour, which should allow owners to do road trips even faster and more conveniently than before. The faster charging speed will also allow Supercharger V3 locations to accommodate more vehicles per hour; a capability that will be beneficial to Model Y owners considering the estimated demand for the all-electric SUV.
Pricing and Availability
The Model Y is expected to enter production sometime in Fall 2020, with the company producing the Long Range, Dual Motor AWD, and Performance versions first. The Standard Range hits production in Spring 2021. The Model Y starts at $39,000 for the base variant and $47,000 for the Long Range version. A Dual Motor AWD version costs $51,000 and a Performance variant will be priced at $60,000.
Interested buyers can reserve a Model Y at for a $2,500 deposit.
Elon Musk
Donald Trump shares thoughts on Elon Musk’s DOGE step back
The U.S. President also noted that Musk is a great patriot, and that the people who attack Teslas are “sick.”

During Tesla’s first quarter earnings call, CEO Elon Musk announced that starting in May, he would be stepping back from the Department of Government Efficiency’s (DOGE) daily operations.
Musk’s comments were received positively by TSLA investors, resulting in the company’s stock rising despite Tesla missing Q1 expectations.
Musk’s Comments
In his opening remarks at the Tesla Q1 2025 earnings call, Musk acknowledged that there has been some blowback to Tesla due to his activities at DOGE. And while he believes that the protests against Tesla are very organized and likely paid for, he also noted that it is time for him to allocate more of his time to Tesla.
“Starting probably next month, May, my time allocation to DOGE will drop significantly… I’ll be allocating probably more of my time to Tesla now that the major work of establishing the Department of Government Efficiency is done,” Musk noted.
Trump’s Response
Considering Musk’s comments, it was no surprise that United States President Donald Trump was asked about the CEO’s impending step back from DOGE. Trump stated that he “can’t speak more highly about any individual,” and that Elon Musk has contributed a lot to the administration due to his work with DOGE. The president highlighted, however, that the backlash against Tesla has been extremely unfair.
“I also know that he was treated very unfairly by the, I guess he called the public, by some of the public, not by all of it. He makes an incredible car. Everything he does is good, but they took it out on Tesla, and I just thought it was so unfair, because he’s trying to help the country, but he has helped the country,” Trump stated.
The U.S. President also noted that Musk is a great patriot, and that the people who attack Teslas are “sick.” Trump also praised Elon Musk’s initiatives, stating that all the CEO’s projects are great, from Starlink to Neuralink to SpaceX to Tesla.
News
Tesla trails Volkswagen in Q1 EV sales, Model Y still on top

Volkswagen surpassed Tesla in Q1 2025 electric vehicle (EV) sales in Europe.
The German automaker sold 65,679 battery EVs compared to Tesla’s 53,237 in the first three months of the year, per JATO Dynamics data. Volkswagen’s registrations soared 157% year-over-year (yoy), while Tesla saw a 38% decline in the same period, the steepest among the top 30 brands. The German automaker’s strong performance highlights a growing competitive landscape in the EV market.
Despite losing the overall lead, Tesla’s Model Y and Model 3 remain the top two in Europe’s battery EV registrations. Volkswagen’s ID.4 ranked third in EU registrations, trailing the Model 3 by 2,000 units.
Model Y registrations dropped 43% in March, but the Model 3 increased 1% in the first quarter. The decline in Model Y registrations could be linked to Tesla’s upgraded Model Y, which debuted at the beginning of the year. In the first quarter, Tesla retooled and upgraded its factories worldwide to produce the new Model Y.
“As the brand continues to deal with a host of PR issues in addition to the changeover of the Model Y, Tesla is now relying on the Model 3 to offset its losses. Despite the controversy surrounding the brand’s CEO and the limited availability of the new Model Y, Tesla continues to perform well,” said Felipe Munoz, a global analyst at JATO Dynamics.
Tesla addressed its Q1 challenges during its recent earnings calls, with CEO Elon Musk attributing the dip to seasonal and strategic factors.
“Now, Q1, [the] first quarters of a year, are usually pretty tricky. Because it’s usually the worst quarter of the year because people don’t want to go buy a car in the middle of winter during the blizzard. So we picked Q1 as a good quarter to do a cutover to the new version of the Model Y and we changed the production of the world’s best-selling cars with — remember, the Model Y is the best-selling car of any kind on earth with a 1.1 billion unit per year output of a single model,” Musk stated.
Volkswagen’s surge reflects its continued focus on and dedication to EVs. While Tesla’s Model Y remains the global best-seller, Volkswagen’s momentum signals intensifying competition. As both companies navigate market dynamics, Tesla’s focus on its Robotaxi network and upcoming launches will be critical to regaining its edge.
Elon Musk
Neuralink targets $500 million raise at $8.5 billion valuation: report
The news was initially reported by Bloomberg, which cited sources reportedly familiar with the matter.

Elon Musk’s Neuralink is reportedly gearing up for a $500 million funding round at a $8.5 billion pre-money valuation.
The news was initially reported by Bloomberg, which cited sources reportedly familiar with the matter.
The Alleged Funding Round
Preliminary discussions with investors, which could value Neuralink at $9 billion post-money, have reportedly started. Terms for the funding round remain fluid, however, as per one of the publication’s sources. Neuralink, for its part, has not issued a comment about its alleged funding round.
That being said, Neuralink is one of Elon Musk’s smaller ventures, with PitchBook valuing the brain-computer interface startup at $3.5 billion in November 2023.
Neuralink’s Ambitious Vision
Neuralink aims to create devices that enable users to interact with tech devices using only their brain. Neuralink is currently focusing on paralyzed individuals and neurodegenerative disease patients, though Musk has also hinted at Neuralink’s technology being used to address vision problems and other health issues.
Neuralink has made a lot of headway in its goals, with the startup recently announcing that it has expanded its human trial to three patients. All three are participants in the company’s ongoing primary and convoy study.
Musk’s Soaring Valuations
Neuralink’s potential capital raise aligns with skyrocketing valuations for Elon Musk’s other firms. While Tesla’s valuation remains volatile due to its publicly traded nature, his private space company, SpaceX, hit an impressive $350 billion valuation in December. His artificial intelligence startup, xAI, reached an $80 billion valuation following its merger with social media platform X.
Musk’s holdings in his companies have allowed him to top the Bloomberg Billionaires Index with a net worth of $310 billion as of writing.
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