

News
Tesla gets snubbed as GM, Lucid bag EV wins at AutoTech’s inaugural awards
AutoTech Breakthrough, a market intelligence organization, has released the results of its inaugural AutoTech Breakthrough Awards Program, which recognizes noteworthy companies, innovations, and products in the field of transportation and technology. Several categories are covered by the awards, including “Connected Car,” “Electric Vehicles,” “Engine Tech,” “Automotive CyberSecurity,” “Sensor Technology,” “Traffic Tech,” and “Vehicle Telematics.”
For its inaugural year, the organization received over 1,250 nominations from 12 different countries across the globe. Each nomination was evaluated by a panel of experts within the larger tech industry, with winning products and companies being selected according to a set of metrics. Bryan Vaughn, managing director at AutoTech Breakthrough, described the nature of the awards in a press release.
“The quest to build mobility systems of the future presents a myriad of complexities and the AutoTech Breakthrough Awards program aims to recognize ‘breakthrough’ transportation models and technologies that are addressing these complexities head-on, laying the foundation for more integrated and seamless mobility around the world. Our 2020 AutoTech Breakthrough Award winners circles provides a glimpse into where mobility is headed and we extend our sincere congratulations to all of the exceptional honorees as they pave the road for the future of the Transportation industry,” he said.
AutoTech Breakthrough’s inaugural awards listed some surprising winners in its “Electric Vehicles” category. The company did not list the nominees it received for the segment, but it did announce that General Motors won the “Auto Battery Technology Innovation of the Year” award. Lucid Motors, which recently took the wraps off the production version of its Air sedan, was selected by the awards’ panel of experts as the “Overall Electric Vehicle of the Year.”
GM has made announcements about its Ultium battery program earlier this year, which are large-format, pouch-style cells that can be stacked vertically or horizontally inside a battery pack. The Ultium batteries, which are designed for Level 2 and DC fast charging and are sized up to 200 kWh, will be used in the Hummer EV, GM’s competitor to vehicles like the Rivian R1T and the Tesla Cybertruck. That being said, GM has not released the specifics of its Ultium batteries in the same way as Tesla with its upcoming tabless 4680 cells, which were extensively discussed during Battery Day.
Quite interestingly, AutoTech Breakthrough’s awards did not feature any products or vehicles from Tesla, despite the market intelligence firm featuring the Model S heavily on its official website. Tesla was also mentioned by the organization in its discussion about the transportation market’s ongoing shift towards the adoption of electric vehicles.
Read the press release for the inaugural AutoTech Breakthrough Awards Program below.
Investor's Corner
Tesla’s comfort level taking risks makes the stock a ‘must own,’ firm says

Tesla (NASDAQ: TSLA) had coverage initiated on it by a new firm this week, and analysts said that the company’s comfort level with taking risks makes it a “must own” for investors.
Melius Research and analyst Rob Wertheimer initiated coverage of the stock this week with a $520 price target and a “Buy” rating. The price target is about 20 percent higher than the current trading price as shares closed at $435 on Wednesday, up 1.38 percent on the day.
Wertheimer said in the note to investors that introduced their opinion on Tesla shares that the company has a lot going for it, including a prowess in AI, domination in its automotive division, and an incredible expertise in manufacturing and supply chain.
He wrote:
“We see Tesla shares as a must-own. The disruptive force of AI will wreck multitrillion-dollar industries, starting with auto. Under Musk’s leadership, the company is comfortable taking risks. It has manufacturing scale and supply chain expertise that robotics startups possess more by proxy. It can rapidly improve and scale autonomy in driving, the first major manifestation of AI in the physical world.”
However, there were some drawbacks to the stock, according to Wertheimer, including its valuation, which he believes is “challenging” given its fundamentals. He said the $1 trillion market cap that the company represented was “guesswork,” and not necessarily something that could be outlined on paper.
This has been discussed by other analysts in the past, too. Yale School of Management Senior Associate Dean Jeff Sonnenfeld recently called Tesla the “biggest meme stock we’ve ever seen,” by stating:
“This is the biggest meme stock we’ve ever seen. Even at its peak, Amazon was nowhere near this level. The PE on this, well above 200, is just crazy. When you’ve got stocks like Nvidia, the price-earnings ratio is around 25 or 30, and Apple is maybe 35 or 36, Microsoft around the same. I mean, this is way out of line to be at a 220 PE. It’s crazy, and they’ve, I think, put a little too much emphasis on the magic wand of Musk.”
Additionally, J.P. Morgan’s Ryan Brinkman said:
“Tesla shares continue to strike us as having become completely divorced from the fundamentals.”
Some analysts covering Tesla have said they believe the stock is traded on narrative and not necessarily fundamentals.
News
Tesla launches ‘Mad Max’ Full Self-Driving Speed Profile, its fastest yet

Tesla launched its fastest Full Self-Driving Speed Profile with the v14.1.2 Software Update on Wednesday, as “Mad Max” mode has overtaken “Hurry” as the most spirited travel option on FSD.
On Wednesday evening, Tesla’s Head of AI, Ashok Elluswamy, teased that the v14.1.2 Software Update would be released to those drivers in the Early Access Program (EAP). He said it was a “much-awaited feature.”
Tesla just teased something crazy with the next Full Self-Driving update
Many people, myself included, believed it would be the introduction of “Banish,” which would be a perfect complement to the Actually Smart Summon (ASS) suite, as it would find a parking spot and park itself after dropping you off at the front door of your destination.
However, Elluswamy’s post on X finished with two emojis: one a race car, the other being smoke behind the car.
FSD v14.1.2, going to early access today, will debut a much awaited feature 🏎️💨
— Ashok Elluswamy (@aelluswamy) October 15, 2025
On Wednesday night, we received the v14.1.2 software update to the new Model Y, which revealed that “Mad Max” mode was the new addition:
BREAKING: Tesla Full Self-Driving v14.1.2 is here!
MAD MAX MODE is here! pic.twitter.com/AKM2VwxiXV— TESLARATI (@Teslarati) October 16, 2025
The release notes state that:
“Introduced new speed profile MAD MAX, which comes with higher speeds and more frequent lane changes than Hurry.”
It is pretty interesting that Tesla would introduce yet another speed profile that is even faster and more aggressive than “Hurry.” Personally, I’ve found Hurry to be realistic in terms of other drivers and their aggressiveness, speed of travel, and overall lane change behavior, especially on interstates.
Mad Max mode will be an interesting adjustment.
Tesla CEO Elon Musk first talked about Mad Max mode back in 2018 in posts on X, first mentioning the feature with the Tesla Semi:
It’s real pic.twitter.com/L9h3F86Guo
— Elon Musk (@elonmusk) June 25, 2018
Musk then teased Mad Max mode in 2019 with an early Autopilot update, stating that it would be an ideal option for aggressive traffic seen in places like Los Angeles. There was formerly a mode of the same name back in the late 2010s:
Are you on Mad Max Mode? This may be too meek for places like the LA Freeway …
— Elon Musk (@elonmusk) April 6, 2019
Now that it’s here, we’ll be testing it very soon and giving you a good idea of what to expect when it releases to others in the coming weeks.
News
Tesla just teased something crazy with the next Full Self-Driving update

Update 9:56 p.m. ET: We got it…
Tesla launches ‘Mad Max’ Full Self-Driving Speed Profile, its fastest yet
Tesla just teased something crazy with the next Full Self-Driving update, which will be released to Early Access Program (EAP) members today.
Tesla just recently released the v14 Full Self-Driving update, and it followed up just a few days later with v14.1.1.
The subsequent release helped refine a handful of things, especially an issue with stuttering at intersections and overall indecisiveness, but it was more of a smoothing over of the initial v14.1 Full Self-Driving release.
However, on Wednesday evening, Tesla’s Head of AI, Ashok Elluswamy, said that the company would be releasing v14.1.2 to EAP members today, and that it would “debut a much-awaited feature.”
He followed that up with a racecar emoji and a smoke emoji, potentially hinting toward something speed-related. However, it could mean something totally different.
FSD v14.1.2, going to early access today, will debut a much awaited feature 🏎️💨
— Ashok Elluswamy (@aelluswamy) October 15, 2025
Some suggested it was potentially a new Speed Profile that could rank above the “Hurry” option, but that seems unnecessary. As far as other features that have been teased, one that definitely comes to mind is the “Banish” feature that was recently teased by CEO Elon Musk.
Banish is essentially the finishing touch to Tesla’s Actually Smart Summon (ASS), which launched earlier this year.
While ASS will bring your car to your location using the Tesla app on your phone, Banish does just the opposite by dropping you off at the door of your destination and finding a parking spot on its own.
Elon Musk teases ‘Banish’ feature to pair perfectly with Summon
This was recently teased by Musk yet again, as he said earlier this month that Full Self-Driving would be capable of it very soon.
Based on what we’ve seen out of v14.1 and v14.1.1, there is some potential that Banish could be released and could be the feature that Elluswamy is hinting toward, although there is no direct evidence of that.
Luckily, I was able to get into the EAP, so as the feature is released and the Release Notes are available, we’ll be able to report on exactly what feature is on the way.
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Investor's Corner54 minutes ago
Tesla’s comfort level taking risks makes the stock a ‘must own,’ firm says