News
Volkswagen CEO Diess future in jeopardy, no terms met with Supervisory Board
Volkswagen Auto Group CEO Herbert Diess and a Supervisory Board were unable to meet terms that would solidify Diess’ future at the automaker, reports from Germany indicate.
Diess has been on the hot seat at Volkswagen for several months following his vocalization of plans to cut 30,000 or more jobs from the German company’s employment population. Diess warned Volkswagen during an internal meeting that failure to accelerate the company’s transition to electric vehicles could cost some jobs, especially as the automaker continues to lag behind industry leader Tesla.
Herbert Diess (Credit: Volkswagen AG)
Diess and the Supervisory Board, which is comprised of prominent members of Volkswagen and other brands, as well as representatives from large shareholder groups, were unable to come to terms that would extend Diess’ term as VW AG CEO. Handelsblatt writes (paywalled):
“After intensive discussions, the leading supervisory board members from the Porsche and Piëch families, the state of Lower Saxony and the employee representatives were unable to agree on a compromise on the future of the 63-year-old.”
Volkswagen is arguably the world’s most committed and established automaker to the electric vehicle movement. Volkswagen is one of the only well-known, global, mass-market automotive brands to embrace the EV transition with such fervor, and this may have something to do with the tension between Diess and the board. Diess has primarily been the main reason for the accelerated transition, which has solidified Volkswagen as one of the more popular EV brands that came from ICE production. Diess is set on keeping up with Tesla by any means necessary, and losing time and falling further behind Elon Musk’s company is something Diess has warned VW executives about. Speaking of time, “It is precious,” Diess said in the Supervisory Board meeting, according to sources.
Stephan Weil, a member of the Supervisory Board and leader of the Social Democratic Party in Lower Saxony, gave Diess words of approval during his presentation. However, he is not totally on board with Diess’ strategy, calling it “styleless.” Head of the Works Council, Daniela Cavallo, supported Weil’s analysis of Diess’ job performance.
The Board’s discontent with Diess seems to lie on “a lack of strategy of how he wants to develop the Group,” the report from Handelsblatt continues. Unfortunately, Diess’ emphasis on EVs has led to widespread support from other electric car companies, including Tesla, whose CEO Musk has accumulated the respect of Diess in an evident friendship. It appears Diess may not continue at VW if the Supervisory Board meeting has anything to do with it.
Volkswagen recently reported EV delivery totals in Q3 2021 that doubled the same period in 2020, led by the ID.4 all-electric crossover.
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Texas township wants The Boring Company to build it a Loop system
The township’s board unanimously approved an application to The Boring Company’s “Tunnel Vision Challenge.”
The Woodlands Township, Texas, has formally entered The Boring Company’s tunneling sweepstakes.
The township’s board unanimously approved an application to The Boring Company’s “Tunnel Vision Challenge,” which offers up to one mile of tunnel construction at no cost to a selected community.
The Woodlands’ proposal, dubbed “The Current,” features two parallel 12-foot-diameter tunnels beneath the Town Center corridor near The Waterway. Teslas would shuttle passengers between Waterway Square, Cynthia Woods Mitchell Pavilion, Town Green Park and nearby hotels during concerts and large-scale events, as noted in a Chron report.
Township officials framed the tunnel as a solution for the township’s traffic congestion issues. The Pavilion alone hosts more than 60 shows each year and can accommodate crowds of up to 16,500, often straining Lake Robbins Drive and surrounding intersections.
“We know we have traffic impacts and pedestrian movement challenges, especially in the Town Center area,” Chris Nunes, chief operating officer of The Woodlands Township, stated during the meeting.
“The Current” mirrors the Loop system operating beneath the Las Vegas Convention Center, where Tesla vehicles transport passengers through underground tunnels between venues and resorts.
The Boring Company issued its request for proposals (RFP) in mid-January, inviting cities and districts to pitch local uses for its tunneling technology. The Woodlands must submit its application by Feb. 23, though no timeline has been provided for when a winning community will be announced.
Nunes confirmed that the board has authorized a submission for “The Current’s” proposal, though he emphasized that the project is still in its preliminary stages.
“The Woodlands Township Board of Directors has authorized staff to submit an application to The Boring Company, which has issued an RFP for communities interested in leveraging their technology to address community challenges,” he said in a statement.
“The Board believes that an underground tunnel would provide a safe and efficient means to transport people to and from various high-use community amenities in our Town Center.”
News
Tesla Model Y wins 2026 Drive Car of the Year award in Australia
The Model Y is already Australia’s best-selling EV in 2025 and the tenth best-selling vehicle overall.
The Tesla Model Y has been named 2026 Drive Car of the Year overall winner, taking the top honor after being judged as the vehicle that “moves the game forward the most for Australian new car buyers.”
The Model Y is already Australia’s best-selling EV in 2025 and the tenth best-selling vehicle overall, but the vehicle’s Juniper update strengthened its case with new ownership benefits and expanded software capability.
Drive’s overall award compares category winners and looks at which model most significantly advances the local new car market. In 2026, judges pointed to the Model Y’s five-year warranty and the availability of Full Self-Driving (Supervised) as a monthly subscription as key differentiators.
Priced from AU$58,900 before on-road costs, the all-electric crossover SUV offers a lot of value compared to similarly sized petrol and hybrid rivals. The ability to access Tesla’s Supercharger network across Australia also reduces friction for buyers moving to EV ownership.
Owners can add FSD (Supervised) for AU$149 per month. While it still requires driver oversight, the system expands the vehicle’s advanced driver-assistance capabilities and reflects Tesla’s software-first approach.
“The default choice for a reason. The Tesla Model Y makes the transition to electric both effortless and rewarding,” Drive wrote.
The 2025 Model Y facelift also sharpened the vehicle’s exterior, highlighted by a distinctive rear light bar that gives the crossover SUV a more modern road presence.
Drive described the Model Y as a benchmark for combining practicality, efficiency and technology at an accessible price point. With eligibility for federal Fringe Benefit Tax exemptions through novated leasing, its value proposition has improved for numerous buyers.
For 2026, the Model Y’s combination of range efficiency, charging access and software capability proved decisive. Ultimately, the award all but cements the Model Y’s position as one of the most influential vehicles in Australia’s evolving new-car market today.
Elon Musk
Elon Musk reiterates rapid Starship V3 timeline with next launch in sight
Musk shared the update in a brief post on X, writing, “Starship flies again next month.”
Elon Musk has confirmed that Starship will fly again next month, reiterating SpaceX’s aggressive timeline for the first launch of its Starship V3 rocket.
Musk shared the update in a brief post on X, writing, “Starship flies again next month.” The CEO’s post was accompanied by a video of Starship’s Super Heavy booster being successfully caught by a launch tower in Starbase, Texas.
The timeline is notable. In late January, Musk stated that Starship’s next flight, Flight 12, was expected in about six weeks. This placed the expected mission date sometime in March. That estimate aligned with SpaceX’s earlier statement that Starship’s 12th flight test “remains targeted for the first quarter of 2026.”
If the vehicle does indeed fly next month, it would mark the debut of Starship V3, the upgraded platform expected to feature the rocket’s new Raptor V3 engines.
Raptor V3 is designed to deliver significantly higher thrust than earlier versions while reducing cost and weight. Starship V3 itself is expected to be optimized for manufacturability, a critical step if SpaceX intends to scale production toward frequent launches for Starlink, lunar missions, and eventually Mars.
Starship V3 is widely viewed as the version that transitions the program from experimental testing to true operational scaling. Previous iterations have completed multiple integrated flight tests, with mixed outcomes but steady progress. Expectations are high that SpaceX is now working on Starship’s refinement.
An aggressive launch schedule supports several priorities at once. It advances Starlink’s next-generation satellite deployment, supports NASA’s lunar ambitions under Artemis, and keeps SpaceX on track for its longer-term Moon and Mars objectives.