Maserati’s GT Drops Its Top
3 min
The 2024 Maserati GranCabrio, the company’s new convertible and a complement to the GranTurismo coupe introduced in 2022, is available with either V6 power (the Trofeo model) or batteries (the Folgore).
That means the buyer has a big choice to make. The cars look quite a bit alike, but they’re radically different under the hood. They’re not far apart in price, though: The Trofeo is US$192,000 and the Folgore around US$205,000 (plus US$2,000 in destination charges for each).
The electric is unique in the marketplace as a four-place electric convertible supercar. Maserati also says it’s the fastest 100% electric convertible, but there isn’t much competition. Performance is fully competitive with the existing Folgore GT coupe. The convertible can hit 62 miles per hour in 2.8 seconds, with 277 miles of range (in the lenient European WLTP rating). The top speed is 180 mph.
The GranCabrio has no less than three 300-kilowatt electric motors (one in the front, two in the rear), which work with inverters derived from the Formula E electric racing series to give the car a total of 750 horsepower at the wheels. The battery, at the bottom of the car, is rated at 92.5 kilowatt-hours.
Maserati did its convertible upright. The top is beautifully finished and easy to put down, in 14 seconds, at speeds of up to 31 mph (though the on-screen control is a little confusing to use). A neck warmer allows the car to be used even in fairly inclement weather, and there’s a wind stopper that can go behind the front seats. Having to fit a top in the trunk area doesn’t seriously compromise rear-seat legroom, which is generous for this class of car. The trunk isn’t huge, but if the top is up a flap can be moved to increase luggage space.
Buyers of the Folgore can choose an interior special to the car, with soft-touch seat sections made from Econyl, a recycled nylon product made from (among other sources) used fishing nets, as well as remnants via fabric and carpet manufacturers. Reprogrammable laser edging means that customers can choose custom patterns for their seats.
Buyers of the internal-combustion model get a Trofeo powered by a three-liter, 542-horsepower twin-turbo V6 Nettuno motor derived from the high-performance powerplant on the MC20 supercar. The gas version of the convertible is a bit slower to accelerate than the EV, with zero to 62 taking 3.6 seconds. The top speed is higher, though, 196 mph. Seeing the four purposeful exhaust exits on the Trofeo, you might expect a mighty roar, but in fact both GranCabrios are pretty quiet. They’re proper Maseratis that don’t disturb the neighbors.
Both Trofeo and Folgore use 20-inch wheels up front and 21-inch in back, with multiple designs.
Roberto Cusano, responsible for GT and GranTurismo product planning, says the car offers a unique combination of performance and comfort, while also being “a real and authentic four-seater car that can carry friends and family.”
But it’s also good for thrills, according to Maserati chief designer Klaus Busse. “This is only the second generation of the GT,” Busse says. “And if you want to drive from Italy to Hamburg, you’d pick a stylish and comfortable car that could also work in a side trip to the [German racing track] Nürburgring for a hot lap without looking silly. That’s the Maserati GranTurismo.”
The second generation of the GT has obvious antecedents to the first, something Busse says was intentional. The company still uses old-world methods in shaping body panels and fenders that have some legacy with Maserati road cars such as the 3500 GT, first shown in Geneva circa 1957, he says.
“We wanted to make sure the convertible looked good open or closed, so the silhouette of the convertible with the top up is very similar to the coupe,” Busse says. There are minor differences in the appearance of the two versions of GranCabrio, and slightly different wheels. The EV obviously loses the intercooler and exhaust pipes.
A Multimillion-Dollar Electric Boat
Maserati appears all-in on using electric power for its vehicles, on land or at sea.
The introduction of the GranTurismo on the shores of Lago Maggiore also gave Maserati a chance to show off its €2.5 million (US$2.67 million) Tridente electric boat. The unique example floating at the dock had pearlescent (and copper) finish that changed color depending on the light hitting it.
Built at the Hodgdon Yachts shipyard in Maine from a design jointly developed by Maserati and Britain-based electric boat company Vita Power, the Tridente, with 600 horsepower from twin electric motors, cruises at 25 knots and has a top speed of 40 knots. To keep weight down, the Tridente has a carbon-fiber superstructure and a fiberglass hull. The single-layer battery pack is rated at 250 kilowatt-hours, and delivers a cruising range of 31 to 43 miles.
The highly aerodynamic 34-foot day boat (or superyacht tender) can recharge in as little as an hour. It has eight-passenger seating, and an enclosed cabin under the front deck that includes a bed and toilet. Only this one has been built to date, but given nine months another one could be commissioned, says James Essex, an electric systems engineer with Vita Power.
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From making unpopular decisions to learning when to listen, leaders from five businesses reveal what nobody prepared them for — and how running a company has challenged their expectations.
Technology and semiconductor shares fell sharply as investors questioned the debt financing the AI infrastructure boom and confronted higher rates and Chinese competition.
Elon Musk is exploring a potential merger between Tesla and SpaceX, a deal that could reshape the future of AI, robotics, autonomous vehicles and space technology. With a combined valuation potentially reaching $3.5 trillion, the move could bring Musk’s vision of an interconnected technology ecosystem closer to reality, although a deal remains uncertain.
5 min
Elon Musk has engineered ties between Tesla TSLA 3.41%increase; up pointing triangle and SpaceX SPCX 7.79%increase; up pointing triangle that are hard to break, and now he wants to fuse them together permanently.
Musk has run both Tesla and SpaceX concurrently over the past two decades, using a schedule that dictated which days he spent focused on each business.
The companies have often shared resources and personnel, signaling their close ties. Last year, SpaceX looked into creating a spacesuit for Tesla’s humanoid robot Optimus, a person familiar with the matter said. Tesla last week showed off its new Roadster, a vehicle featuring SpaceX rocket thrusters that it hopes to soon bring to market.
And in recent months, Musk has repositioned both companies by expanding beyond their core operations toward a shared mission centered on artificial intelligence.
The world’s richest man on Tuesday signaled his interest in tying up SpaceX and Tesla, marking what would be the biggest corporate merger of all time. Because he serves as chief executive of SpaceX and Tesla, Musk said committees of independent directors at both companies are evaluating a possible deal, adding that a transaction might not come to fruition.
The committees will likely evaluate, with lawyers and bankers, how each company would fare in a potential deal and how a deal might best be structured. They then present their conclusions to their respective boards, who typically vote on whether to proceed.
“It’s an odd Kabuki dance where two groups of people are talking and I can’t be in the conversation,” Musk told SpaceX investors on Tuesday in response to an analyst’s question about a potential deal.
For Musk, the merger supports his vision of a world full of autonomous cars, humanoid robots and weekly rocket launches, as well as the data centers and satellites required to keep the whole thing running.
Some investors and analysts said they expect a transaction would be structured as an all-stock deal, with SpaceX potentially paying a modest premium for Tesla shares.
SpaceX, which has a market value of about $2 trillion, said it is seeing sharp growth in revenue across its businesses, which include operating data centers, launching rockets and operating satellite networks such as the internet service Starlink. Tesla is valued at about $1.5 trillion and is expanding its operations beyond its automotive and energy business. Shares in both companies traded higher following the news Tuesday.
Musk’s substantial ownership stakes in both companies, along with voting control at SpaceX, has enabled him to set the deal in motion. Analysts and investors said the deal will probably face regulatory scrutiny internationally, though some see Musk’s close relationship with the Trump administration as an asset to getting approval.
Blurred lines
The companies haven’t said which directors are on the special committees evaluating a potential deal. Several SpaceX and Tesla board members have either personal or business ties to Musk. And like Musk, venture capitalist Ira Ehrenpreis sits on both boards.
In a filing this week, Tesla outlined millions of dollars in business agreements with SpaceX and its subsidiaries last year, including $143 million in car sales to SpaceX, $3.3 million in advertising that it bought on the social-media platform X and $430 million in revenue from the sale of Megapack batteries for SpaceX’s data centers.
The companies also split the cost of resources including the use of Musk’s SpaceX jet and the bill for his personal security, which he runs through a private company.
Employees at both companies routinely move between companies to work on special projects, and some executives have dual roles, including Charles Kuehmann, vice president of materials engineering at both SpaceX and Tesla, and Ashok Elluswamy, the vice president of AI software at Tesla who runs a joint venture with SpaceX called Digital Optimus.
Over the years, Musk has launched new startups within his empire, including brain-implant company Neuralink, underground-tunnel developer the Boring Company and xAI, the AI startup that merged with SpaceX in February.
It is that AI business that Musk thinks can serve a market worth tens of trillions of dollars, justifying the need for a merger.
The business case goes like this: Tesla is developing robotaxis and robots, which it calls “physical AI.” SpaceX is working on the back end of physical AI: the data-center capacity and internet connection required for those robotaxis and robots to operate continuously.
“I don’t see what the value of Tesla is if it’s not merged with SpaceX,” said investment adviser Ross Gerber, a former Tesla bull turned critic invested in both companies. “If they don’t merge, the brains of everything that runs Tesla is owned by another company.”
On top of it all, both companies face constraints on the supply chains they need to make this world a reality, particularly when it comes to chips. To address this, Musk earlier this year announced a joint venture between Tesla, SpaceX and Intel to design and manufacture chips in Texas. “The most epic chip-building exercise by far,” he has said.
Musk at the wheel
For Musk, a merger would also solve two problems: demands on his attention and his lack of control at Tesla.
Tesla for years was Musk’s only public company, a status that came with greater scrutiny. There, Musk reports to a public board, as well as individual investors who make up around 30% of Tesla’s voting power, according to FactSet.
The question of Musk’s attention became a particular focus for investors and the board in recent years after he acquired Twitter in 2022 and launched xAI in 2023, and again in 2025 as he spent time in Washington, D.C., running the Department of Government Efficiency in the early months of President Trump’s second term.
As Tesla’s car business suffered in 2025, Musk threatened to take his AI ambitions outside the company if he wasn’t granted 25% voting control. Last November, Tesla shareholders approved a new pay package for Musk, which created a path for him to vastly expand his stake.
As of Sept. 30, Musk owned a roughly 20% stake in Tesla, according to the company’s proxy filing.
The SpaceX IPO gave Musk a different path. When SpaceX went public in June, the deal’s structure enabled him to have more than 80% voting power at the company—so much that he can’t be fired and decisions can’t be made without his support.
If SpaceX acquires Tesla, he will likely stay in control.
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From farm-to-table Thai to fairy-lit mango trees and Coral Sea vistas, Port Douglas has award-winning dining and plenty of tropical charm on the side.
