News
Tesla has proven itself, but Ferrari & Lamborghini says EVs can’t be supercars
In a rather rare act of solidarity, rivals Ferrari and Lamborghini have agreed on one thing: neither one would be making an all-electric supercar in the near future. Both companies note that electric car technology is not there yet to warrant an initiative to create a born-and-bred supercar.
Citing a rather dated example for the limitations of electric cars, the supercar makers noted that true high-performance vehicles need to be capable of launching multiple times in full power, over and over again, in both straights and corners. This is a limitation that was true for vehicles like the Tesla Model S, which is a monster in straight line races but compromised in closed circuits. These issues have largely been solved in more recent vehicles like the Model 3 Performance, an all-electric car that is capable of besting other high-performance sedans on a track.
The supercar makers also noted that the lack of sound from a roaring V12 or a supercharged V8 is a great part of the supercar experience, and this is something that is mostly absent in electric vehicles. Commenting on faux engine noises pumped into the cabin similar to the ones employed in the BMW i8, Ferrari’s chief technology officer, Michael Hugo, noted at the Geneva Motor Show that “we have to have a certain credibility.”
Maurizio Reggiani, chief technical officer at Lamborghini also noted that the big battery packs required of electric cars could compromise some of the brand’s design elements. Lamborghinis are already very low on the ground, and the CTO noted that stuffing a battery pack on the floor would sacrifice the benefit of a low center of gravity that the company’s wedge-shaped supercars enjoy.
Quite interestingly, Porsche CEO Oliver Blume noted in the 2019 Annual Press Conference that emotion in cars is not just about the noise that an engine makes. It is also about design, quality, driving characteristics, and the holistic experience of driving the vehicle. Porsche is hardly a neophyte in terms of creating supercars either, with vehicles like the 919 Hybrid and the 918 Spyder under its belt, so Blume’s statement could be taken with a notable amount of legitimacy.
RELATED: Exclusive: Porsche’s electric heart beats in the Taycan’s Zuffenhausen factory
It is a bit disappointing to see Ferrari and Lamborghini dismiss electric propulsion at this stage in the game. Just last week, Germany’s big three, Volkswagen, BMW, and Daimler, all decided that electric cars are the way forward, signifying an upcoming industry shift. What is somewhat surprising from Ferrari and Lamborghini’s recent comments was the fact that the companies seemed to have completely ignored the existence of all-electric supercars that are present today.
There’s the Rimac C_Two from Croatia, which matches and even exceeds any Lamborgini and Ferrari in terms of its explosive power. There’s the Nio EP9 that conquered the Nurburgring’s records. There’s even the Pininfarina Battista, an all-electric 1,900 bhp monster that can hit 186 mph in less than 12 seconds. All of these vehicles are fully electric.
Of course, there is also the next-generation Tesla Roadster, which goes from 0-60 mph in 1.9 seconds at its base form. Elon Musk dubbed the vehicle as a “hardcore smackdown” to gasoline cars, and in terms of specs, it’s downright frightening, from its 250+ mph top speed, and its higher trims, one of which is called the “SpaceX package,” which uses literal rocket technology from Musk’s private rocket company. The Rimac C_Two is expected to start deliveries in 2020, the same year as the next-gen Roadster. The NIO EP9 has been around since 2016, and the Pininfarina Battista is expected to arrive in 2020.
So much for electric car technology not being there yet.
News
Tesla adds a new feature to Navigation in preparation for a new vehicle
After CEO Elon Musk announced earlier this week that the Semi’s mass production processes were scheduled for later this year, the company has been making various preparations as it nears manufacturing.
Tesla has added a new feature to its Navigation and Supercharger Map in preparation for a new vehicle to hit the road: the Semi.
After CEO Elon Musk announced earlier this week that the Semi’s mass production processes were scheduled for later this year, the company has been making various preparations as it nears manufacturing.
Elon Musk confirms Tesla Semi will enter high-volume production this year
One of those changes has been the newly-released information regarding trim levels, as well as reports that Tesla has started to reach out to customers regarding pricing information for those trims.
Now, Tesla has made an additional bit of information available to the public in the form of locations of Megachargers, the infrastructure that will be responsible for charging the Semi and other all-electric Class 8 vehicles that hit the road.
Tesla made the announcement on the social media platform X:
We put Semi Megachargers on the map
→ https://t.co/Jb6p7OPXMi pic.twitter.com/stwYwtDVSB
— Tesla Semi (@tesla_semi) February 10, 2026
Although it is a minor development, it is a major indication that Tesla is preparing for the Semi to head toward mass production, something the company has been hinting at for several years.
Nevertheless, this, along with the other information that was released this week, points toward a significant stride in Tesla’s progress in the Semi project.
Now that the company has also worked toward completion of the dedicated manufacturing plant in Sparks, Nevada, there are more signs than ever that the vehicle is finally ready to be built and delivered to customers outside of the pilot program that has been in operation for several years.
For now, the Megachargers are going to be situated on the West Coast, with a heavy emphasis on routes like I-5 and I-10. This strategy prioritizes major highways and logistics hubs where freight traffic is heaviest, ensuring coverage for both cross-country and regional hauls.
California and Texas are slated to have the most initially, with 17 and 19 sites, respectively. As the program continues to grow, Florida, Georgia, Illinois, Washington, New York, and Nevada will have Megacharger locations as well.
For now, the Megachargers are available in Lathrop, California, and Sparks, Nevada, both of which have ties to Tesla. The former is the location of the Megafactory, and Sparks is where both the Tesla Gigafactory and Semifactory are located.
Elon Musk
Tesla stock gets latest synopsis from Jim Cramer: ‘It’s actually a robotics company’
“Turns out it’s actually a robotics and Cybercab company, and I want to buy, buy, buy. Yes, Tesla’s the paper that turned into scissors in one session,” Cramer said.
Tesla stock (NASDAQ: TSLA) got its latest synopsis from Wall Street analyst Jim Cramer, who finally realized something that many fans of the company have known all along: it’s not a car company. Instead, it’s a robotics company.
In a recent note that was released after Tesla reported Earnings in late January, Cramer seemed to recognize that the underwhelming financials and overall performance of the automotive division were not representative of the current state of affairs.
Instead, we’re seeing a company transition itself away from its early identity, essentially evolving like a caterpillar into a butterfly.
The narrative of the Earnings Call was simple: We’re not a car company, at least not from a birds-eye view. We’re an AI and Robotics company, and we are transitioning to this quicker than most people realize.
Tesla stock gets another analysis from Jim Cramer, and investors will like it
Tesla’s Q4 Earnings Call featured plenty of analysis from CEO Elon Musk and others, and some of the more minor details of the call were even indicative of a company that is moving toward AI instead of its cars. For example, the Model S and Model X will be no more after Q2, as Musk said that they serve relatively no purpose for the future.
Instead, Tesla is shifting its focus to the vehicles catered for autonomy and its Robotaxi and self-driving efforts.
Cramer recognizes this:
“…we got results from Tesla, which actually beat numbers, but nobody cares about the numbers here, as electric vehicles are the past. And according to CEO Elon Musk, the future of this company comes down to Cybercabs and humanoid robots. Stock fell more than 3% the next day. That may be because their capital expenditures budget was higher than expected, or maybe people wanted more details from the new businesses. At this point, I think Musk acolytes might be more excited about SpaceX, which is planning to come public later this year.”
He continued, highlighting the company’s true transition away from vehicles to its Cybercab, Optimus, and AI ambitions:
“I know it’s hard to believe how quickly this market can change its attitude. Last night, I heard a disastrous car company speak. Turns out it’s actually a robotics and Cybercab company, and I want to buy, buy, buy. Yes, Tesla’s the paper that turned into scissors in one session. I didn’t like it as a car company. Boy, I love it as a Cybercab and humanoid robot juggernaut. Call me a buyer and give me five robots while I’m at it.”
Cramer’s narrative seems to fit that of the most bullish Tesla investors. Anyone who is labeled a “permabull” has been echoing a similar sentiment over the past several years: Tesla is not a car company any longer.
Instead, the true focus is on the future and the potential that AI and Robotics bring to the company. It is truly difficult to put Tesla shares in the same group as companies like Ford, General Motors, and others.
Tesla shares are down less than half a percent at the time of publishing, trading at $423.69.
Elon Musk
SpaceX secures win as US labor board drops oversight case
The NLRB confirmed that it no longer has jurisdiction over SpaceX.
SpaceX scored a legal victory after the National Labor Relations Board (NLRB) decided to dismiss a case which accused the company of terminating engineers who were involved in an open letter against founder Elon Musk.
The NLRB confirmed that it no longer has jurisdiction over SpaceX. The update was initially shared by Bloomberg News, which cited a letter about the matter it reportedly reviewed.
In a letter to the former employees’ lawyers, the labor board stated that the affected employees were under the jurisdiction of the National Mediation Board (NMB), not the NLRB. As a result, the labor board stated that it was dismissing the case.
As per Danielle Pierce, a regional director of the agency, “the National Labor Relations Board lacks jurisdiction over the Employer and, therefore, I am dismissing your charge.”
The NMB typically oversees airlines and railroads. The NLRB, on the other hand, covers most private-sector employers, as well as manufacturers such as Boeing.
The former SpaceX engineers have argued that the private space company did not belong under the NMB’s jurisdiction because SpaceX only offers services to “hand-picked customers.”
In an opinion, however, the NMB stated that SpaceX was under its jurisdiction because “space transport includes air travel” to get to outer space. The mediation board also noted that anyone can contact SpaceX to secure its services.
SpaceX had previously challenged the NLRB’s authority in court, arguing that the agency’s structure was unconstitutional. Jennifer Abruzzo, the NLRB general counsel under former United States President Joe Biden, rejected SpaceX’s claims. Following Abruzzo’s termination under the Trump administration, however, SpaceX asked the labor board to reconsider its arguments.
SpaceX is not the only company that has challenged the constitutionality of the NLRB. Since SpaceX filed its legal challenge against the agency in 2024, other high-profile companies have followed suit. These include Amazon, which has filed similar cases that are now pending.