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Video of Tesla Model 3 Release Candidate revealed by Elon Musk
Elon Musk took to Twitter this morning to shed more details on the upcoming Model 3, expected to hit production in July. Musk stated, “Model 3 is just a smaller, more affordable version of Model S w less range & power & fewer features. Model S has more advanced technology.” While this isn’t exactly new information, some have been led to believe that Model 3 is Tesla’s next-generation vehicle. In fact, the Model 3 is the first vehicle on Tesla’s next-generation platform for smaller vehicles. The Model S will still be the flagship of Tesla and Musk plans to keep his Model S.
“The Model S produced today is arguably version 4. Let me put it this way: it is the car I will keep driving even after Model 3 arrives.” – Elon Musk
Musk also made it clear that the Model 3 is representative of an E, but because of trademark issues with Ford’s E-Series, he switched it to the Model 3. The video of the first Model 3 release candidate shows the cars performance and sleek design in motion. The release candidate is a vehicle that is very close to the production version as the company prepares for the production ramp-up.
Model 3 Release Candidate on the road testing
First drive of a release candidate version of Model 3 pic.twitter.com/zcs6j1YRa4
— Elon Musk (@elonmusk) March 24, 2017
Sticking with one display in Model 3
During Musk’s rapid fire tweetstorm, he also revealed that the Model 3 still has one dashboard display in hopes that the vehicles will be fully autonomous very soon. We have previously reported that Tesla could be interested in integrating a head-up display in the Model 3 to help aid in the transition to fully autonomous vehicles is certainly something that some drivers
Having one display instead of two is certainly something that some drivers may not like at first, but Musk plans to enable full self-driving in the Model 3, where a center dash screen is unnecessary. By simplifying this display design, Tesla can save money and deliver the vehicle on time, just 4 months from now.
The more autonomous a car is, the less dash info you need. How often do you look at the instrument panel when being driven in a taxi?
— Elon Musk (@elonmusk) March 24, 2017
Performance Model 3 “Probably a year from now”
Musk also stated all of the advantages the Model S has over the Model 3, “Only Model S will have the seven seater option, more cargo space, plus higher range, acceleration, two screens vs. one, auto extend handles …” He also said that a “performance” Model 3 will most likely be available a year from now, not at launch.
The base Model 3 is expected to have a range of 215 miles and a 0-60 secs in less than 6 seconds. It is unclear what battery upgrade options will be available at launch, which is expected to offer more range and faster acceleration. Musk also announced that the Model 3 will be launched with RWD only, you can read more about that here.
Musk also stated during his tweetstorm that he was on his way to Cape Canaveral, which is why he is blowing up everyone’s Twitter accounts.
News
Starlink goes mainstream with first-ever SpaceX Super Bowl advertisement
SpaceX used the Super Bowl broadcast to promote Starlink, pitching the service as fast, affordable broadband available across much of the world.
SpaceX aired its first-ever Super Bowl commercial on Sunday, marking a rare move into mass-market advertising as it seeks to broaden adoption of its Starlink satellite internet service.
Starlink Super Bowl advertisement
SpaceX used the Super Bowl broadcast to promote Starlink, pitching the service as fast, affordable broadband available across much of the world.
The advertisement highlighted Starlink’s global coverage and emphasized simplified customer onboarding, stating that users can sign up for service in minutes through the company’s website or by phone in the United States.
The campaign comes as SpaceX accelerates Starlink’s commercial expansion. The satellite internet service grew its global user base in 2025 to over 9 million subscribers and entered several dozen additional markets, as per company statements.
Starlink growth and momentum
Starlink has seen notable success in numerous regions across the globe. Brazil, in particular, has become one of Starlink’s largest growth regions, recently surpassing one million users, as per Ookla data. The company has also expanded beyond residential broadband into aviation connectivity and its emerging direct-to-cellular service.
Starlink has recently offered aggressive promotions in select regions, including discounted or free hardware, waived installation fees, and reduced monthly pricing. Some regions even include free Starlink Mini for select subscribers. In parallel, SpaceX has introduced AI-driven tools to streamline customer sign-ups and service selection.
The Super Bowl appearance hints at a notable shift for Starlink, which previously relied largely on organic growth and enterprise contracts. The ad suggests SpaceX is positioning Starlink as a mainstream alternative to traditional broadband providers.
Elon Musk
Tesla engineers deflected calls from this tech giant’s now-defunct EV project
Tesla engineers deflected calls from Apple on a daily basis while the tech giant was developing its now-defunct electric vehicle program, which was known as “Project Titan.”
Back in 2022 and 2023, Apple was developing an EV in a top-secret internal fashion, hoping to launch it by 2028 with a fully autonomous driving suite.
However, Apple bailed on the project in early 2024, as Project Titan abandoned the project in an email to over 2,000 employees. The company had backtracked its expectations for the vehicle on several occasions, initially hoping to launch it with no human driving controls and only with an autonomous driving suite.
Apple canceling its EV has drawn a wide array of reactions across tech
It then planned for a 2028 launch with “limited autonomous driving.” But it seemed to be a bit of a concession at that point; Apple was not prepared to take on industry giants like Tesla.
Wedbush’s Dan Ives noted in a communication to investors that, “The writing was on the wall for Apple with a much different EV landscape forming that would have made this an uphill battle. Most of these Project Titan engineers are now all focused on AI at Apple, which is the right move.”
Apple did all it could to develop a competitive EV that would attract car buyers, including attempting to poach top talent from Tesla.
In a new podcast interview with Tesla CEO Elon Musk, it was revealed that Apple had been calling Tesla engineers nonstop during its development of the now-defunct project. Musk said the engineers “just unplugged their phones.”
Musk said in full:
“They were carpet bombing Tesla with recruiting calls. Engineers just unplugged their phones. Their opening offer without any interview would be double the compensation at Tesla.”
Interestingly, Apple had acquired some ex-Tesla employees for its project, like Senior Director of Engineering Dr. Michael Schwekutsch, who eventually left for Archer Aviation.
Tesla took no legal action against Apple for attempting to poach its employees, as it has with other companies. It came after EV rival Rivian in mid-2020, after stating an “alarming pattern” of poaching employees was noticed.
Elon Musk
Tesla to a $100T market cap? Elon Musk’s response may shock you
There are a lot of Tesla bulls out there who have astronomical expectations for the company, especially as its arm of reach has gone well past automotive and energy and entered artificial intelligence and robotics.
However, some of the most bullish Tesla investors believe the company could become worth $100 trillion, and CEO Elon Musk does not believe that number is completely out of the question, even if it sounds almost ridiculous.
To put that number into perspective, the top ten most valuable companies in the world — NVIDIA, Apple, Alphabet, Microsoft, Amazon, TSMC, Meta, Saudi Aramco, Broadcom, and Tesla — are worth roughly $26 trillion.
Will Tesla join the fold? Predicting a triple merger with SpaceX and xAI
Cathie Wood of ARK Invest believes the number is reasonable considering Tesla’s long-reaching industry ambitions:
“…in the world of AI, what do you have to have to win? You have to have proprietary data, and think about all the proprietary data he has, different kinds of proprietary data. Tesla, the language of the road; Neuralink, multiomics data; nobody else has that data. X, nobody else has that data either. I could see $100 trillion. I think it’s going to happen because of convergence. I think Tesla is the leading candidate [for $100 trillion] for the reason I just said.”
Musk said late last year that all of his companies seem to be “heading toward convergence,” and it’s started to come to fruition. Tesla invested in xAI, as revealed in its Q4 Earnings Shareholder Deck, and SpaceX recently acquired xAI, marking the first step in the potential for a massive umbrella of companies under Musk’s watch.
SpaceX officially acquires xAI, merging rockets with AI expertise
Now that it is happening, it seems Musk is even more enthusiastic about a massive valuation that would swell to nearly four-times the value of the top ten most valuable companies in the world currently, as he said on X, the idea of a $100 trillion valuation is “not impossible.”
It’s not impossible
— Elon Musk (@elonmusk) February 6, 2026
Tesla is not just a car company. With its many projects, including the launch of Robotaxi, the progress of the Optimus robot, and its AI ambitions, it has the potential to continue gaining value at an accelerating rate.
Musk’s comments show his confidence in Tesla’s numerous projects, especially as some begin to mature and some head toward their initial stages.