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Tesla Model Y vs Ford Mustang Mach-E comparison gets the Top Gear treatment
The Tesla Model Y and the Ford Mustang Mach-E may be allies in the push for sustainable transportation, but the two vehicles, being both premium crossover SUVs, are bound to be compared. One of the most recent comparisons of the two cars was recently conducted by one of the motoring world’s most prominent outlets: Top Gear.
The veteran automotive publication used a Tesla Model Y Performance and a Ford Mustang Mach-E First Edition for its tests. Specs-wise, the Tesla was the clear winner despite its higher price. However, this is reasonably expected considering that the Model Y Performance is more comparable to the Mustang Mach-E GT, a vehicle that is yet to be released. The two all-electric crossovers were pitted against each other on four fronts—performance, interior and tech, exterior, and charging.
The results were quite interesting, if not a bit telling.
The Tesla Model Y is not a new car. It’s already been in production for about a year now, which meant that Ford had some time to refine the Mach-E before its release to ensure that it could outgun its Silicon Valley-based counterpart. Yet, according to Top Gear’s tests, this is not necessarily the case. The publication noted that the Model Y Performance proved to be a better driver’s car, lighter on its wheels, and quick to respond. The fact that it’s almost two seconds faster from 0-60 mph than the Mach-E was just icing on the cake.
This does not mean to say that the Mach-E was not an engaging car, of course. The publication praised the Ford crossover for its smooth and comfortable ride, which provided a plushier experience compared to the Model Y. However, the vehicle was found to feel quite heavy when being driven hard, which meant that the Mach-E is best enjoyed when it’s being kept within its modest boundaries.
The second and third rounds of the two vehicles’ comparison involved their interior and exterior, and in this sense, each vehicle came away with a win. While both vehicles’ interiors are tastefully designed—the Mach-E adopting a more forward take on a traditional interior and the Model Y adopting a “minimalist heaven” theme—the gap in their tech was notable. The Mustang Mach-E is equipped with robust tech features, but compared to the Model Y’s Autopilot and custom software, the Tesla proved superior.
Exterior-wise, however, the Mach-E proved the clear winner, as it drew far more interest among people than the Model Y. During its test, Top Gear noted that even hardened Mustang enthusiasts proved very enthusiastic about the Mach-E, with some noting that they would probably purchase the vehicle. On the other hand, the Model Y was largely invisible, likely mistaken by the layman as just another Model 3.
The final comparison of the two vehicles came in the form of a charging test, and in this sense, Tesla’s Supercharger Network ended up being a true difference-maker. The publication charged the vehicles when both had about 30% of their batteries left, and as luck would have it, both the Model Y and the Mach-E directed their drivers to a nearby shopping center. There, the Model Y found itself in a clean row of Superchargers that were ready to provide the all-electric crossover with enough charge in 45 minutes. Since it relied on third-party charging options, the Mach-E showed its driver that it needed 20 hours to charge up.
Ultimately, Top Gear noted that the Mustang Mach-E, at least at its current state, is not yet on the level of the Model Y, but it is a solid shot at a capable all-electric crossover. Hopefully, as more chargers are set up across the globe and as Ford becomes more experienced in making EVs, the automaker from Detroit could create a vehicle that could, pound-for-pound, match or even exceed its Tesla counterpart.
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Elon Musk has firmly denied recent media reports suggesting that SpaceX has reduced its target valuation for an upcoming initial public offering.
The denial came directly from the SpaceX and Tesla frontman on his social media platform X, where he responded with a single word, “False,” to a post from ZeroHedge that cited Bloomberg sources.
This swift rebuttal underscores Musk’s ongoing effort to manage speculation surrounding one of the most anticipated market debuts in recent history.
False
— Elon Musk (@elonmusk) May 29, 2026
According to the disputed reports, SpaceX had lowered its IPO valuation goal to at least $1.8 trillion from previous ambitions exceeding $2 trillion.
The claims emerged amid growing anticipation for the company’s confidential S-1 filing, which positions it for a potential public listing as early as June.
Some had pointed to strong revenue growth, particularly from the Starlink satellite internet service, which contributed heavily to the firm’s 2025 figures of $18.7 billion. Yet challenges persist in other areas, including substantial investments and losses tied to ambitious projects like Starship development and artificial intelligence initiatives, which plan to make life multiplanetary eventually.
Musk’s response highlights a pattern in which he actively counters what he views as inaccurate portrayals of his companies’ trajectories.
SpaceX, already valued privately at extraordinary levels, stands as a cornerstone of Musk’s empire alongside Tesla and xAI. The entrepreneur has long emphasized the transformative potential of reusable rockets and global broadband access, factors that fuel investor enthusiasm despite operational hurdles.
By rejecting the valuation downgrade narrative, Musk signals confidence in SpaceX’s fundamentals and its readiness for public markets on terms favorable to its long-term vision. People have been waiting a very long time to invest in SpaceX, and the valuation, as well as the introductory share price, is not going to need adjusting.
They’ll have plenty of suitors.
This episode reflects broader dynamics in the technology sector, where rumors often swirl around high-profile entities. Musk’s direct engagement with media narratives serves to maintain transparency and control the narrative around his ventures.
As SpaceX prepares for greater scrutiny in public markets, the founder’s denial reinforces optimism about its prospects. Supporters argue that the company’s innovative edge positions it for enduring success, far beyond short-term valuation debates. With the denial now public, attention turns to forthcoming regulatory filings that could provide clearer insights into SpaceX’s strategy and financial health.
The coming weeks promise to reveal more about how SpaceX will transition into a publicly traded powerhouse.
Tesla’s dreams of operating a fully autonomous ride-hailing platform just took a massive step toward reality, as two separate events have indicated the company is perhaps closer than ever to achieving self-driving as a product.
On Thursday, Tesla was granted authorization by the State of Texas to operate driverless vehicles in a commercial manner. On May 28, Senate Bill 2807, passed by the 89th Texas Legislature, took effect after being passed back on September 1, 2025.
The bill establishes a statewide regulatory framework requiring authorization from the Texas Department of Motor Vehicles for companies to operate automated vehicles commercially on Texas roads.
This covers driverless, or SAE Level 4+, operations for passenger transport, meaning Robotaxi, or freight.
Tesla and other companies can self-certify their vehicles and tech as long as they:
- Operate in compliance with Texas traffic laws
- Maintain proper registration, title, and insurance
- Use compliant automated driving systems
- Record onboard activity and handle system failures and glitches safely.
The new authorization, which was first reported by James Stephenson on X, allows companies to utilize their own processes to determine if their vehicles are ready to operate without drivers.
🚨BREAKING:
Tesla has been authorized by the State of Texas to operate driverless vehicles commercially under the new law that took effect today, May 28th, 2026. Tesla has officially self-certified the software running on its robotaxis as Level 4. $TSLA pic.twitter.com/KSJdsvlaW5— James Stephenson (@ICannot_Enough) May 28, 2026
It is a rule that expedites the entire approval process, keeping agencies out of a usually long, lengthy, and frustrating task that is essential to technological advancements. It essentially means Tesla can launch commercial Robotaxi operations at this point.
On the very same day, Tesla continued the momentum as CEO Elon Musk shared a video of Cybercab units autonomously driving off the property at Gigafactory Texas. This is a major step in the story of the Cybercab.
Mass production of the Cybercab started at Giga Texas in April, and it is already heading out of the factory on its own.
Cybercab driving itself out of the GigaTexas factory pic.twitter.com/EwAMVVDjYy
— Elon Musk (@elonmusk) May 28, 2026
These two major events mark a drastic step forward in Tesla’s progress toward Cybercab and the permissions it needs to operate a self-driving ride-hailing service. Tesla is now able to operate autonomously under Texas law by self-certifying, and with the potentially imminent rollout of Cybercab, Tesla’s autonomous dreams are starting to take serious shape.
Elon Musk
The Tesla and SpaceX merger everyone is talking about is quietly building
Tesla and SpaceX may be closer to merging than Wall Street or either company is admitting.
Elon Musk has reportedly discussed merging Tesla and SpaceX with people close to him, according to CNBC, which cited sources familiar with the conversation. Tesla employees have long expected such a transaction and the topic is openly discussed internally, according to internal sources. With SpaceX is days away from kicking off its Wall Street roadshow for what could be the largest IPO in market history, this would be the first time the company will have public market currency to execute a stock-for-stock deal with Tesla.
The financial logic for a merger would make sense. A combined SpaceX and Tesla would create a conglomerate spanning rockets, satellites, electric vehicles, AI infrastructure, and energy storage valued at roughly $3.35 trillion to $3.6 trillion based on SpaceX’s IPO target range and Tesla’s current market capitalization. The two companies are already more intertwined than most people realize. SpaceX bought $697 million worth of Tesla Megapack systems for xAI data centers and $131 million worth of Cybertrucks. Tesla invested $2 billion in xAI, which subsequently merged with SpaceX. Past transactions also include Tesla selling solar equipment and parts to SpaceX, and SpaceX helping with Cybertruck materials.
Will Tesla join the fold? Predicting a triple merger with SpaceX and xAI
Musk himself signaled where this was heading in November 2025 when he posted on X, “My companies are, surprisingly in some ways, trending towards convergence.” Tesla and SpaceX announced a joint semiconductor fabrication facility in Austin called Terafab on the Gigafactory Texas campus, covering two advanced chip factories, with one serving Tesla’s AI needs for vehicles and Optimus robots, the other targeting space-based data centers under SpaceX’s infrastructure vision.
Wedbush analyst Dan Ives places the probability of a merger at 80% to 90% with a target completion in the first half of 2027. The mechanics of a deal became possible the moment SpaceX filed its S-1. Legal experts said a merger likely would not spark antitrust issues but would raise concerns among shareholders in each company, with questions around which company would be the parent, how a stock swap would take place, and who determines the appropriate price. Musk holds about 20% of Tesla’s equity but controls 85.1% of SpaceX’s voting power through a super-voting share class, meaning he would largely be negotiating the terms with himself.
Not everyone is convinced the timing is imminent. Traders on Kalshi place only 33% odds that a merger will happen before May 2027. The more immediate concern for Tesla shareholders is whether the SpaceX IPO pulls capital and Musk’s attention away from Tesla before any merger consolidates the upside for both.
What is clear is that the structural groundwork is already being laid. The Terafab announcement, the xAI merger, the shared supply chain, the cross-company balance sheet transactions, and now the IPO all point in the same direction. Whether the merger follows in 2027 or later, the two companies are already operating more like divisions of a single entity than independent competitors.
Elon Musk strikes down reports on SpaceX IPO rumors
Tesla’s Robotaxi dreams just took a massive step toward reality
