The Tesla Model Y has been unveiled, and it will likely prove to be one of the electric car maker’s best-selling vehicles. Equipped with a robust set of features and offered at a reasonable price, the Model Y has the potential to disrupt the highly lucrative crossover SUV market the same way that its sibling, the Model 3, disrupted the passenger sedan segment in the US last year.
As the market prepares for the arrival of the Model Y, it becomes pertinent to compare it to other all-electric SUVs in the market. So far, there are two that are pretty close to the Model Y in size: the Audi e-tron and the Jaguar I-PACE. Faced with this competition, how does the Model Y stack up?
Tesla Model Y
The Model Y could be described as a larger, bulkier version of the Model 3. Similar to the electric sedan, the Tesla Model Y is offered in either RWD or AWD options. The vehicle starts at a $39,000 for the Standard Range version and goes all the way to $60,000 for the Performance variant. Just like Tesla’s other vehicles, the all-electric SUV is designed to go the distance, with the Standard version having 230 miles of range, the Long Range having 300 miles of range, and the Dual Motor AWD and Performance version having 280 miles of range per charge.
The Model Y is no slouch, as even the Standard version can sprint from 0-60 mph in 5.9 seconds. The range-topping Model Y Performance, with its dual motors, hits 60 in 3.5 seconds all the way to a top speed of 150 mph. Being based on the Model 3, the Model Y features a hyper-minimalistic interior, capped off by a stunning panoramic glass roof. A fully-loaded red multicoat red Model Y with Autopilot, Full Self-Driving, and the optional third-row seats (which would boost the car’s seating capacity to seven passengers), would set back buyers around $73,500.
A key advantage of the Model Y is its access to Tesla’s expansive and ever-growing Supercharger Network, allowing owners of the newly-released SUV to go on long road trips without any range anxiety. Being a derivative of the Model 3, the Model Y is also compatible with Tesla’s Supercharger V3 network, which has a maximum power output of 250 kW, or 1,000 miles per hour. Tesla estimates that Supercharger V3’s charging times will average around 15 minutes per vehicle.
Audi e-tron
The Audi e-tron debuted last year, at a time when the Model X was the only SUV in Tesla’s lineup. The size of the e-tron is more comparable with that of the Model Y though, making a comparison between the two vehicles a bit more appropriate. Price-wise, the e-tron is priced higher than the Model Y, costing just under $76,000 for the basic Premium Plus package, while the higher-end Prestige option starts at $81,800. With all the major upgrade boxes ticked on the Premium Plus offering, the e-tron would cost around $88,000.
Performance-wise, the e-tron falls behind the Model Y, with its 0-60 mph time of around 5 seconds and its top speed of 124 mph. Audi has been pretty secretive about the e-tron’s range, though the vehicle’s 95 kWh battery pack suggests that the SUV should have more than 200 miles of range per charge. Inside the vehicle, the e-tron is classic Audi, with multiple configurable screens and several creature comforts.
The Audi e-tron has some tricks up its sleeve when it comes to charging. The SUV could plug into a variety of chargers, including a 150 kW setup that is expected to charge the vehicle’s battery to 80% in just ~30 minutes. Such charging speeds are quite comparable to those of Tesla’s Supercharger V2 stations, which, as the Tesla community has proven over the years, is more than adequate for long trips.
Jaguar I-PACE
The I-PACE is priced at a premium compared to the recently unveiled Model Y, starting at around $70,000 for the S model all the way to the $86,000 HSE or “First Edition” trim. With all options checked, the I-PACE could breach the $100,000 barrier, thanks to rather expensive items like $500 floormats.
Just like the e-tron, the I-PACE falls a bit short of the Model Y’s specs, with its 0-60 mph time of 4.5 seconds, its top speed of t 124 mph, and its range of 234 miles per charge. The I-PACE has one edge over the Model Y though, in the form of its plush interior, which would delight car buyers looking for a more traditional vehicle with more conventional creature comforts and accents. The I-PACE is also available now, unlike the e-tron and the Model Y, which are yet to start rolling out to customers.
The Jaguar I-PACE actually falls behind the Model Y and the Audi e-tron in terms of its charging systems, as it is capable of charging up to 100 kW. This means that charging the vehicle’s 90 kWh battery to 80% (provided that a 100 kW fast charger is available) would take about 40 minutes.
Conclusion
Overall, each vehicle would likely be perfect for specific car buyers. Those looking for an electric SUV that is familiar and conventional would best pick up an I-PACE or an e-tron. Nevertheless, when it comes to bang-for-your-buck value and sheer performance specs, it is difficult to argue against the Model Y.
Tesla has finally clarified the situation regarding the viral crash in Texas where a Model 3 slammed into a home.
CEO Elon Musk replied to reports on Monday that stated the crash was due to the company’s Full Self-Driving or Autopilot suite, which seemed unlikely to those who are familiar with it. Video showed the car slamming into a house at an excessive rate of speed, making it highly unlikely the crash was due to the suite’s operation, as it does not travel at those speeds in residential areas.
Musk said:
“This makes no sense. FSD drives slowly through neighborhood streets, and this was a high-speed crash!”
Tesla’s Head of AI, Ashok Elluswamy, added context, revealing that the company’s data shows the driver “manually overrode self-driving by pressing the accelerator all the way to 100%.”
He revealed the speed reached by the car was 73 MPH, and the accelerator was still pressed “even after the crash.”
Yup. In this case, the driver manually overrode self-driving by pressing the accelerator all the way to 100% of the accel pedal in this residential area. They reached a speed of 73 mph during the crash, and had the accelerator pressed even after the crash.
— Ashok Elluswamy (@aelluswamy) June 22, 2026
Authorities are reportedly investigating “whether Tesla’s Autopilot system played a role after a Model 3 left the roadway…slammed through a brick house at high speed and fatally struck Matha Avila as she sat inside,” the New York Post reported.
The National Highway Traffic Safety Administration (NHTSA) is now investigating the crash. Tesla will work with the agency to provide them with whatever information they need in order to clarify the cause of the crash.
Similarly, Tesla had claims of a fatal accident in Harris County, Texas, a few years ago. Early reports indicated that Full Self-Driving was the cause of the crash. After the National Transportation Safety Board (NTSB) worked with Tesla, the agency proved there was “no use of the Autopilot system at any time during this ownership period of the vehicle, including the time frame up to the last transmitted timestamp on April 17, 2021.”
Tesla alleged “driverless” crash in Texas: What is known so far
“Application of the accelerator pedal was found to be as high as 98.8 percent,” the NTSB said in their findings. The highest recorded speed in the five seconds leading up to the impact was 67 miles per hour. The area where the crash occurred is residential, and Texas State laws have default speed limits of 30 MPH in residential streets.
This appears to be a similar situation. However, an investigation will prove what happened for sure.
SpaceX announced today that it commenced its first-ever public bond offering, marking a significant step in the newly public company’s capital markets strategy.
The company announced an offering of senior unsecured notes expected to raise at least $20 billion.
The move comes just a short time after SpaceX completed one of the largest initial public offerings in history. In mid-June, the company priced shares at $135 and raised more than $85 billion, propelling founder Elon Musk’s net worth past the trillion-dollar mark and giving the firm substantial liquidity.
🚨 SpaceX has announced its inaugural offering of senior unsecured notes.
The net proceeds will be used to repay outstanding loans under its bridge loan facility in full.
This inaugural debt offering represents a financing milestone for SpaceX, which previously depended… pic.twitter.com/pcOZuVbTRv
— TESLARATI (@Teslarati) June 22, 2026
According to the company’s SEC filing, the net proceeds from the notes will be used primarily to repay in full the outstanding borrowings under its existing bridge loan facility, cover related fees and expenses, and fund general corporate purposes. The offering is being conducted under Rule 144A, as well as Regulation S, targeting qualified institutional buyers and non-U.S. investors. Notes will be unsecured obligations ranking equally with other unsubordinated debt.
The $20 billion bridge loan was used to refinance approximately $17.5 billion in higher-cost “junk” debt tied to X and xAI. SpaceX had merged with xAI in February 2026 in an all-stock deal. The bridge facility, which matures in September 2027, had represented the bulk of SpaceX’s long-term debt.
SpaceX officially acquires xAI, merging rockets with AI expertise
In connection with the bond launch, SpaceX disclosed it held approximately $100.8 billion in cash and cash equivalents as of June 19. Investor calls began on the announcement date, with pricing and launch expected shortly thereafter. Rating agencies have assigned investment-grade ratings to the proposed bonds, reflecting confidence in SpaceX’s dominant position in commercial launches and the growth trajectory of its Starlink internet offering.
The debt raise also allows SpaceX to optimize its balance sheet by replacing short-term, higher-cost bridge financing with longer-date, lower-cost fixed-income securities. This provides greater financial flexibility to support capital-intensive initiatives, including the development of Starship, the expansion of the Starlink constellation, and the integration of AI capabilities following the xAI combination.
SpaceX shares (NASDAQ: SPCX) fell sharply on the news, dropping over 16 percent overall on the market on Monday. The stock had surged initially after debuting but pulled back amid profit-taking and broader market dynamics.
Overall, the bond offering underscores SpaceX’s transition to a mature public company with access to diverse funding sources. It positions the firm to pursue its long-term vision of multiplanetary expansion and AI infrastructure, while maintaining a disciplined approach to its capital structure in a high-growth but capital-heavy industry.
SpaceX confirmed today that it has officially signed its third massive compute deal, providing compute at its Colossus data center in Southaven, Mississippi.
Reflection AI will gain immediate access to NVIDIA GB300 chips at SpaceX’s Colossus 2 data center. In return, Reflection will pay SpaceX $150 million per month starting on July 1, with total payments reaching approximately $6.3 billion if the contract runs through its duration, which is until 2029. Either party can terminate the agreement with 90 days’ notice after the initial three-month period.
CNBC first reported the deal.
🚨 SpaceXAI has agreed to a new compute deal with Reflection AI.
Reflection gets access to NIVIDIA GB300s, and will pay $150M per month to SpaceXAI for the compute. pic.twitter.com/bNPare8U5u
— TESLARATI (@Teslarati) June 22, 2026
This latest partnership highlights SpaceX’s strategy of commercializing its massive Colossus supercomputing infrastructure, originally developed to power Elon Musk’s Grok AI models. The company has rapidly expanded its customer base in the AI sector following its February 2026 merger with xAI, a transaction that valued the combined entity at $1.25 trillion.
SpaceX has previously signed significant compute deals with other major players.
It granted Anthropic exclusive access to the full capacity of its Colossus 1 data center, which exceeds 300 megawatts and includes over 220,000 NVIDIA GPUs. Details from SpaceX’s IPO filings indicate Anthropic will pay $1.25 billion per month through May 2029, potentially generating around $45 billion over the term of the deal.
Additionally, Google agreed to pay SpaceX $920 million per month for compute capacity from October 2026 through June 2029. This 32-month period will provide Google access to roughly 110,000 NVIDIA GPUs, along with supporting processors and memory. Capacity ramps up through September at a reduced fee, with termination options after the first year.
SpaceXA also established arrangements for computing power with Cursor, an AI coding startup. SpaceX acquired them in a $60 billion all-stock deal.
These arrangements position SpaceX’s collective position as an AI infrastructure powerhouse with high-margin revenue potential. The Google deal alone could generate nearly $29.5 billion over its term, while the Reflection contract adds another $6.3 billion.
Combined with the Anthropic arrangement, SpaceX stands to realize tens of billions in revenue from compute leasing in the coming years, which diversifies beyond SpaceX’s traditional rocket launches and Starlink operation.
The deals underscore growing demand for advanced AI training and inference capacity amid chip shortages and surging model development needs. Reflection, valued at $25 billion and focused on “American open intelligence” with government and national security ties, cited recent restrictions on closed models as validation for open-source approaches.
For SpaceX, the partnerships transform capital-intensive data centers into flexible revenue sources while supporting its broader AI ambitions after the company has gone public.
Tesla finally clarifies fatal Texas crash, confirms driver manually overrode acceleration
SpaceX makes $20 billion move to optimize its balance sheet
