Tesla is teasing a new product release on Friday, August 29th, coming to Europe and the Middle East. It’s likely going to be the Model Y Performance.

On X today, Tesla has teased an upcoming product release coming this friday.

The post is cryptic. It only mentions ‘spoiler alert’ and the date August 29 with what looks like a close up of a vehicle with what appears to be a spoil – hence the “spoiler alert” reference:

The GV60 Magma will have a distinct look and feel compared to other Genesis vehicles. As the first EV from its new performance sub-brand, the Genesis GV60 Magma will debut with enhanced power, advanced suspension, a sporty new design, and more. For the first time, it was caught on video racing around the Nürburgring, giving us our closest look yet.

Genesis GV60 Magma EV flexes new style at Nürburgring

We got our first look at the new Magma models last March at the NY Auto Show alongside the full-size Neolun concept.

Magma is “the brand’s expansion into the realm of high-performance vehicles,” Genesis boasted. Among the first vehicles to earn a Magma upgrade is the GV60.

Genesis fine-tuned the electric crossover SUV, giving it a wider and lower stance for improved control. The larger lower air intake contributes to the aggressive new look, while also serving to cool the batteries and motor, both of which have been upgraded for enhanced performance.

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Earlier this year, we got a good look at the GV60 Magma during winter testing in Europe. Although you could see a few new design features, it was mostly covered in camo.

After it was recently spotted with less camo at the Nürburgring race track in Germany, we are getting an even better idea of what to expect when it arrives.

The video from CarSpyMedia shows the Genesis GV60 Magma EV with a production body and minimal camouflage.

You can see the high-performance vehicle flexing its power and handling as it rips around the track. Like other Hyundai Motor performance EVs, including the new IONIQ 6 N, you can expect the Genesis GV60 Magma to deliver over 600 horsepower, if not closer to 700.

The current Genesis GV60 Performance delivers up to 429 horsepower and 516 lb-ft of torque, good for a 0 to 60 mph sprint in 3.7 seconds.

Genesis will launch the GV60 Magma EV later this year in Korea, followed by the US, Europe, and other global markets. We will learn prices and final specs closer to launch, but given the Performance models start at $69,900, you can expect a higher starting price tag, likely closer to $75,000.

At that it would be significantly less than the Porsche Taycan Turbo and Tesla Model S Plaid. Will it match the performance?

Colorado is about to see the US’s first floating solar tracker project hit the water.

Noria Energy has started construction on Aurea Solar, a 50 kW floating solar pilot in Golden, Colorado, that will use trackers. The project will power local water utility operations at the Fairmount Reservoir, which is owned and operated by the Consolidated Mutual Water Company (CMWC).

The system is built with Noria’s new floating solar tracker technology, AquaPhi. Unlike conventional floating solar arrays, which are static, AquaPhi rotates the solar islands so the panels follow the sun. That tracking ability boosts energy output by 10-20%. AquaPhi can be added to new projects or retrofitted onto existing floating solar sites to improve performance.

Floating solar is gaining attention as a cost-effective way to generate renewable energy while saving space. For water utilities, the benefits are twofold: generating clean power on existing reservoirs and reducing water loss through evaporation.

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The Golden pilot is the first in the US to use high-performance solar tracking on water, giving a glimpse of how reservoirs nationwide could double as energy producers. At Fairmount Reservoir, the array will power onsite pumps that regulate water supply for the utility’s customers.

“[This project is an exciting opportunity to] not only produce and conserve energy, but also to improve our water supply by reducing how much is lost to evaporation,” said Jarod Roberts, CMWC’s chief of water resources.

Noria is working with GRID Alternatives, a nonprofit that provides renewable energy access and workforce training, and Hazelett Marine, which supplies mooring solutions for floating solar systems.

The 50 kW project is scheduled to come online in September 2025, when it will support CMWC’s mission to deliver clean, safe, and reliable water to more than 100,000 customers in the greater Denver area, while demonstrating the potential for floating solar tracking across the country.

Read more: EIA: Solar and wind leave coal in the dust with record 2025 output

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