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The MINI Aceman is both classic MINI and a new approach
MINI has released the first images and videos of their new Aceman concept EV and it marks a significant shift in design while retaining typical “mini-ness.” The vehicle may also be a departure from MINI’s first EV offering in terms of affordability.
As a note, I am a proud MINI owner. I drive a 2011 MINI Countryman S All4 and despite its flaws, I love what I can only describe as its “mini-ness,” and I’m not talking about the vehicle’s relatively small stature. “Mini-ness” is that intangible feeling that makes you think, “Why did they make this [insert part name] this way? And more concerningly, why do I like it?!” I am proud to say that from the initial images of the concept MINI Aceman, mini-ness is alive and well.
If released, the Aceman would be the brand’s second EV offering after the Cooper SE; however, though this hasn’t been confirmed, it would be likely that this would be the brand’s first purpose-built EV (perhaps built off the BMW iX platform) instead of an EV inside of the skeleton of an ICE mini. But this is only the start of the mystery surrounding the vehicle, as MINI was quite tight-lipped in what they shared about the vehicle, essentially only addressing the vehicle’s design and how it was “the beginning of a new MINI design era.”
While this vehicle is only a concept at this point, it does (according to mini) hint at future design. The MINI notably ditches leather and chrome and aims for a simple yet angular design. The exterior of the vehicle is quite exciting with a bright light blue body, a green hood, and red accents. The vehicle looks to be the size of the Countryman, if not a little bigger, but this may be the visual effect of the massive 20-inch wheels. The angularity of the exterior is exemplified in the hexagonal headlights/typical union jack taillights, as well as the hood that has (atypical for MINI) strong creases leading to the back of the vehicle. Nonetheless, the more general curviness of MINI design language remains in a couple of areas; the side and side profile.
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- Front of Mini Aceman Concept. Credit: Mini
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- Top view of Mini Aceman Concept. Credit: Mini
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- Side profile of Mini Aceman Concept. Credit: Mini
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- Rear quarter of Mini Aceman Concept. Credit: Mini
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- Rear of Mini Aceman Concept. Credit: Mini
The sharp design language continues to the interior, and this is where pinnacle mini-ness is found. What the brand calls “MINImalism” involves removing nearly everything from the front dash; limited and basic climate controls, no visible window switches, no steering column-mounted tachometer, and nothing but the center screen. And while this may sound similar to Tesla’s interior design language, I would argue that the lack of window switches and the circular center screen help achieve the mini-ness feeling.
The fun coloring also continues within the cabin of the Aceman, but that wasn’t weird enough for MINI designers, they had to throw random geometric shapes on the seats and within the texture of the door panels/interior door handles. Once again; why did they design it this way? and why do I like it?!?!
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- Front dash of Mini Aceman Concept. Credit: Mini
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- Front seats of Mini Aceman Concept. Credit: Mini
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- Rear seats of Mini Aceman Concept. Credit: Mini
While the strange MINI character is still very alive in the Aceman concept, many are worried that the thing that defined the Cooper SE may be gone from future MINI EVs; affordability. The Cooper SE was one of the cheapest EVs you could buy in the US, and despite its fairly disappointing specs, it grew its own community of people who were simply looking for a shorter-range fun EV. MINI will likely release more details about the vehicle when it is shown in person at the 2022 Gamescon in Cologne later this year, and be sure, the price will be on the tongue of every journalist who is hopeful for an EV future for MINI.
What do you think of the article? Do you have any comments, questions, or concerns? Shoot me an email at william@teslarati.com. You can also reach me on Twitter @WilliamWritin. If you have news tips, email us at tips@teslarati.com!
In a new note to investors on Tuesday, Morgan Stanley analyst Andrew Percoco said that Tesla has one big financial question to answer for investors regarding its Robotaxi rollout, Full Self-Driving software, and Optimus.
Percoco said in the note that, for the most part, investors are still very positive about the direction the company is headed. However, there are some things the firm would like to see, and they have to do with financials.
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Tesla bulls are more than convinced that the company’s Full Self-Driving software is proof it can develop physical AI. Financially, however, there are still some questions, especially on elevated spending, which CEO Elon Musk said would occur as the company works to roll out Robotaxi faster and continue developing its Optimus robot.
The latter two are where Tesla will have to prove progress to investors, as Percoco writes that both projects “will require clearer evidence that Robotaxi is scaling and more tangible Optimus proof points to support the ROI on elevated capex.”
Percoco said the second quarter earnings call did not change his long-term thesis of where Tesla is positioned in the AI race, which is out in front. However, there are concerns that weaker gross margins and higher R&D spend will stress financials, and that has “sharpened our (and investors’) focus on measurable progress across Robotaxi and Optimus.”
Additionally, Robotaxi still needs to be proven with more operation in existing cities while maintaining safety but improving how many rides it gives in any given time, he said. For Optimus, Percoco wrote that he is “still looking for evidence beyond commentary around SOP.”
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Morgan Stanley put Percoco in charge of covering Tesla after long-time analyst Adam Jonas transitioned to the automotive side.
Currently, Morgan Stanley has a $415 price target on Tesla and a ‘Hold’ rating on the stock. It is trading at around $330 at the time of publication, which was 2:30 P.M. on the East Coast.
SpaceX’s massive investment in AI will make it a big winner, Argus Research said after the company’s successful earnings call last week.
The firm also upgraded shares to a Buy from Hold and set a $160 price target.
SpaceX (NASDAQ: SPCX) is currently recovering from its heavy AI infrastructure investments, as it spent nearly $16 billion in Q2 alone. The company did this primarily by monetizing high-demand GPU compute capacity at a much faster pace than traditional data center economics would suggest.
Company CFO Bret Johnsen said that SpaceX would be able to pay back anything on new deployments within a year.
There are plenty of ways the company can do this:
Leasing excess compute capacity through contracts
SpaceX has already built Colossus and Colossus II, largely for its own model training. However, much of that capacity is already rented out to third parties. It already has major deals with Anthropic, Google, and Reflection AI. These partnerships are adding billions per month to SpaceX’s spreadsheet.
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High utilization driven by industry-wide scarcity
The demand for advanced AI training and inference capacity continues to exceed what is available for use. SpaceX can fill new racks quickly after they come online, so the capital deployed converts into revenue with minimal idle time.
Additionally, management and outside observers have described the new compute capital as behaving more like a cost-of-goods-sold than traditional multi-year capex, especially because of this rapid monetization pattern.
Capacity has already scaled from ~0.4 GW a year to 1.4 GW annually by the end of Q2. There are targets of more than 2 GW by year-end.
High incremental margins on the rental business once capacity is online
GPU cloud providers often operate at strong gross margins. SpaceX can monetize capacity that was already partially built or can be added efficiently. This means that incremental EBITDA margins on the rental revenue are usually high. This accelerates cash recovery relative to the gross capital outlay.
Parallel monetization of its own AI software and applications
Beyond pure infrastructure rental, SpaceX also generates revenue from Grok through subscriptions and usage, from X through ads, data, and other related services, enterprise APIs, and the planned integration of the Cursor coding tools acquisition.
These application layers ride on the same compute infrastructure and provide additional high-margin streams that could offset build-out costs. AI-segment revenue overall rose sharply to about $2.6 billion in Q2, according to Motley Fool. This was driven primarily by the infrastructure contracts, but the software side is also partially responsible.
Efficient, large-scale deployment and vertical integration advantages
SpaceX has emphasized the rapid construction of power and cooling infrastructure and favorable cost-per-megawatt economics relative to industry benchmarks in some disclosures.
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Combined with its ability to scale capacity aggressively and the fact that many contracts start generating revenue within months of capacity coming online, the effective payback compresses dramatically compared with more conventional multi-year data-center projects.
SpaceX’s dominant near-term recovery path will turn the AI clusters into a hyperscale-style compute rental business for other leading AI companies while still using a portion for internal models.
Tesla headlights have caused a recall of over 20,000 of the company’s two most popular vehicles, the Model 3 and Model Y, due to the low-beam bulb exceeding the maximum allowed intensity according to federal standards.
Tesla initiated the recall with the National Highway Traffic Safety Administration (NHTSA) this morning, stating that the low-beam output “exceeds the maximum allowed intensity in the outer upper-right and outer upper-left areas of the 10U and 90U zone, as prescribed in FMVSS No. 108.”
Tesla sourced the impacted headlights from Marelli Automotive Lighting, a Mexico-based company. The recall impacts 2020-2023 Model Y vehicles and 2017-2023 Model 3 vehicles. It is estimated that every VIN in this recall is impacted by the defect.
🚨 Tesla is recalling 20,349 2020-23 Model Y vehicles and 2017-23 Model 3 vehicles due to an excessively bright headlamp low beam.
Currently, there is no remedy plan in place, as it is still being developed. pic.twitter.com/y34cIO2U0B
— TESLARATI (@Teslarati) August 11, 2026
Typically, Tesla would remedy recalls of this nature through an Over-the-Air software update, which has been a major focus of criticism by the company and its supporters because the NHTSA still refers to it as a “recall,” even though it requires no action by the vehicle owner. The fix is shipped over the internet and downloaded to the car.
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However, there appears to be a potentially different solution for this problem. Tesla has not developed a remedy for this issue, so it could potentially be on the way. The big issue appears to be the fact that these recalled lamps are out of production, and this is an old body style for both vehicles. The headlights and front-end designs are completely different.
Tesla switched to another supplier when the affected headlight design was discontinued. It plans to begin notifying owners of their remedy options by September 15.
Tesla filed a petition protesting the recall to fix the vehicles’ headlight issue, but the NHTSA denied it. Now, Tesla will come up with a solution to fix it.
Tesla has one big financial question to answer for investors: Morgan Stanley
SpaceX AI investment gamble will make it a big winner, firm says
