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Toyota officially launches the bZ4X, its first full EV in nearly a decade

Credit: Toyota

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Toyota’s bZ4X electric vehicle arrives at dealers this Spring, catalyzing the Japanese automaker’s launch into pure EVs, its first in nearly ten years.

“The all-electric Toyota bZ4X SUV not only looks to further Toyota’s commitment to a carbon-neutral future, but it does so in style,” the company said after launching the vehicle this morning. “Ready to make a fresh mark on the Battery Electric Vehicle (BEV) segment, bZ4X blends bold, modern styling with tech-laden features in an extremely capable platform.”

Credit: Toyota

The bZ4X is Toyota’s first addition to the global bZ series, which stands for “Beyond Zero.” Designed and developed with human-centricity at the heart, Toyota said it hopes to provide more than a mobility solution for customers, but also an innovative space for drivers to imagine a new era of the company’s vehicles.

The bZ4X is a competitive and attractive option for electric vehicle buyers. Important metrics like range and performance are at the focal point of any consumer’s decision in the emerging EV sector, and Toyota brought some competitive numbers to the table with its introductory bZ offering. The bZ4X offers 252 miles of range in its XLE front-wheel-drive models and will start at just $42,000. Not to mention, the bZ4X’s body style is a common selection in the U.S. market. Combining functionality with a sleek design, it is neither bulky nor restrictive.

Credit: Toyota

Toyota said the design of the bZ4X is one that focuses on a “dynamically flowing silhouette.” “The profile of the bZ4X is balanced and sleek, with dynamic character lines that flow from front to rear,” the automaker said. It is a sporty look that also encapsulates some futuristic features, like the enclosed grille area that is simply not feasible on a gas-powered vehicle. Despite its design, it still has the classic Toyota look, keeping the vehicle unique in its own way, not veering too far away from the overall feel of its cars.

Four Trim Levels, All Under $50k

Toyota will offer four trim levels for the bZ4X: two grades with XLE and Limited and two drivetrains, front-wheel and all-wheel-drive.

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  • 2023 Toyota bZ4X XLE FWD – $42,000
  • 2023 Toyota bZ4X Limited FWD – $46,700
  • 2023 Toyota bZ4X XLE AWD – $44,080
  • 2023 Toyota bZ4X Limited AWD – $48,780

Front-Wheel-Drive trim levels will produce 201 horsepower, with All-Wheel-Drive configurations offering slightly more at 214. Instant torque will help the bZ4X achieve a 7.1-second 0-60 MPH time for the FWD trims and just 6.5 seconds for the AWD drivetrains.

All bZ4X models are equipped with a J1772/CCS1 socket, so home and public charging will be a breeze. Toyota said that there is also a 6.6 kW onboard charger, which allows the bZ4X to charge from low to full in about 9 hours with a Level 2 charger at home or in public.

Credit: Toyota

Toyota’s Big Plans for EVs

About a quarter of Toyota’s total sales in the United States in 2021 were of its electrified vehicles, it said. However, these are not pure EVs, and included hydrogen fuel cell electrics, hybrids, and plug-in hybrids.

There are big plans for pure EVs at Toyota, however, despite its focus on other powertrains for many years. Globally, Toyota plans to expand to around 70 electrified models by 2025, featuring 15 dedicated pure EVs. Seven of the fifteen will feature the bZ brand moniker. “This diverse portfolio of electrified products will help propel Toyota toward its goal of carbon neutrality by 2050,” the company added. “Globally, Toyota has put more than 20 million electrified models on the road – with a CO2 emissions reduction effect equivalent to the CO2 emissions reduction of over 5.5 million BEVs. Over the next nine years, Toyota will invest $70+ billion in electrified vehicles as a whole with the target to launch 3.5 million BEVs globally in 2030.”

Toyota debuts bZ4X SUV concept, kicking off its 15 electric vehicle lineup

I’d love to hear from you! If you have any comments, concerns, or questions, please email me at joey@teslarati.com. You can also reach me on Twitter @KlenderJoey, or if you have news tips, you can email us at tips@teslarati.com.

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Joey has been a journalist covering electric mobility at TESLARATI since August 2019. In his spare time, Joey is playing golf, watching MMA, or cheering on any of his favorite sports teams, including the Baltimore Ravens and Orioles, Miami Heat, Washington Capitals, and Penn State Nittany Lions. You can get in touch with joey at joey@teslarati.com. He is also on X @KlenderJoey. If you're looking for great Tesla accessories, check out shop.teslarati.com

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SpaceX (SPCX) IPO is live today at $135: Here’s exactly what you need to know

SpaceX priced its historic IPO at $135 per share today, raising a record $75 billion.

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SpaceX officially priced its initial public offering at $135 per share, offering 555,555,555 shares of Class A common stock and raising $75 billion in what is the largest IPO in stock market history. Shares are set to begin trading on the Nasdaq Global Select Market on Friday, June 12, under the ticker symbol SPCX. The previous record holder was Saudi Aramco’s 2019 offering at $29 billion, followed by Alibaba’s $22 billion offering in 2014.

At $135 per share and roughly 555.6 million shares, the implied valuation sits near $1.75 trillion, which would make SpaceX roughly the seventh largest company in the United States, just above Tesla’s current market cap. Regular investors can request shares at the IPO price through Robinhood, Fidelity, Charles Schwab, SoFi, and E*TRADE, though the deal is heavily oversubscribed and most retail allocations will be partial or unfilled. Once trading opens June 12, anyone with a brokerage account can buy SPCX on the open market.

SpaceX’s amended S-1 is sparking a major Tesla merger conversation

 

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The valuation is anchored primarily by Starlink. Starlink crossed 10 million subscribers as of February 2026 and is adding 750,000 to 1.5 million new users per month, with the connectivity segment already posting a $1.19 billion profit last quarter. The offering also bundles in xAI following SpaceX’s all-stock merger earlier this year, adding Grok and the Colossus supercomputer to the investment thesis. As Teslarati reported, Starlink ended 2025 with $10 billion in revenue, a figure analysts project could reach $24 billion by end of 2026.

Wedbush analyst Dan Ives has been vocal in his support. “I think the time is right,” Ives said, adding that the offering expands the Elon Musk ecosystem rather than competing with Tesla. An average 12-month price target of $165 per share represents roughly 22% upside from the IPO price. Not everyone agrees – Motley Fool noted xAI is spending $1 billion per month playing catch-up to OpenAI and Anthropic.

Musk founded SpaceX in 2002 with a single stated purpose. “Elon founded SpaceX with a goal to change humanity, to make us a multi-planet species,” CFO Bret Johnsen said in the company’s retail roadshow video this week. Musk himself has been more direct: “We are building the systems and technologies necessary to provide global connectivity on Earth and beyond, to understand the true nature of the universe, and to extend the light of consciousness to the stars.”

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Tesla unfolded its first European “folding Supercharger”

Tesla’s folding Supercharger just arrived in Europe and it changes how fast charging expands.

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Tesla’s Folding Unit Supercharger has officially landed in Europe, with the company teasing a new installation in its effort for a broader rollout targeting major motorway rest stops across the European continent in Q3 2026. The arrival marks a notable shift in how Tesla is thinking about network expansion, moving from hardware performance alone to engineering the logistics chain itself.

While Tesla did not reveal the exact location for the new folding Supercharger in Europe, the photo shared on X heavily suggests that this maybe somewhere in Norway. Historically, whenever Tesla rolls out an entirely new infrastructure architecture in Europe, whether it was the original Supercharger stalls years ago or these brand-new modular V4 “Folding Units”, Norway is almost always the designated launch pad because of its unmatched EV adoption rate and supportive infrastructure

The Folding Unit, introduced in March 2026, is a factory pre-assembled V4 charging station built on an industrial hinge system mounted to a heavy-duty concrete base. The entire assembly arrives on site ready to unfold and connect. Tesla confirmed the units feature telescopic light poles specifically designed for easy transportation and fast on-site deployment, a detail that signals how carefully the logistics chain has been engineered alongside the hardware itself. The design allows 33% more stalls per delivery truck, cuts installation time roughly in half, and reduces overall deployment costs by more than 20% compared to traditional installations.

Tesla’s newest “Folding V4 Superchargers” are key to its most aggressive expansion yet

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Tesla also noted telescopic light poles which provide benefits over traditional Supercharger installations that require fixed-height poles that are awkward to ship, slow to position on site, and often require separate crews and equipment to erect before charging hardware can even be staged. By engineering poles that compress for transit and extend on arrival, Tesla has removed one of the quieter bottlenecks in the physical deployment process. Every hour saved on a light pole installation is an hour redirected toward getting stalls energized. At scale, across dozens of new sites per quarter, those hours add up to a meaningful acceleration in how quickly a location goes from approved permit to serving its first customer.

Each Folding Unit pairs a single V4 power cabinet with eight charging posts. The V4 cabinet delivers up to 500 kW per stall for passenger vehicles and up to 1.2 MW for the Tesla Semi, supporting twice the stalls per cabinet at three times the power density of its predecessor. Longer cables make every new station immediately usable by non-Tesla vehicles, a priority as Tesla continues opening its network to Ford, GM, Rivian, Hyundai, Stellantis, and others.

As Teslarati reported when the Folding Unit was first unveiled, Tesla’s Gigafactory New York produced its final V3 Supercharger cabinet in March 2026 after more than seven years and 15,000 units, completing a full pivot to V4 production. The European arrival of the folding design is the next chapter in that transition.

Faster and cheaper deployment means Tesla can justify building in markets and corridors that were previously too expensive to serve, filling the coverage gaps that have slowed EV adoption outside major urban centers.

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Tesla stuns with another FSD approval in Europe, its second in two days

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Tesla has stunned by gaining yet another approval for its Full Self-Driving suite in Europe, its second in two days and its fifth overall.

Belgium will be the latest country to allow Tesla owners to utilize FSD on public roads in Europe, joining a quickly growing list that started with the Netherlands, Lithuania, and Estonia.

On Tuesday, Denmark announced its approval of the FSD suite, which has now been followed by Belgium just one day later.

The country’s Minister of Mobility, Annick De Ridder, announced the approval on her X account, stating that she had just signed the approval of Tesla FSD. It now goes to the country’s homologation department for the last step of the approval process.

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The Belgian approval is one of mighty importance because it truly shows how quickly countries in Europe could greenlight the FSD suite consecutively. Approvals are already coming in relatively quickly, which is a great sign.

Perhaps the next big development that could come from FSD approvals in Europe is an approval from a country like England, Italy, France, Spain, or Germany. It would be something to see how FSD would perform in a major European metro, such as London, Barcelona, Madrid, Paris, Rome, or Berlin.

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Full Self-Driving does an excellent job of roaming around major U.S. cities like New York and Los Angeles, but other high-profile international cities of significance would truly mark a line in the sand for Tesla, which can simply enable any vehicle in its customer-owned fleet to run FSD with the correct approvals.

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