News
Tesla Invites Early Model X Reservation Holders to Begin Configuration
Tesla has enabled a dedicated link for customers who reserved a $132,000 Model X Signature Edition so they can configure their cars for production.
The wait is over. Early Model X reservation holders who plunked down a $40,000 deposit to be first in line for the electric crossover SUV have finally been invited to configure the specifications for their custom Signature Series Model X. Photos posted to the Tesla Motors Club forum show design choices ranging from exterior and interior colors, along with special wheel and tire packages. Base price starts at a whopping $132,000 plus a $1,200 delivery fee although a fully loaded Ludicrous-enabled Model X can run above $144,000.
UPDATE: Elon Musk takes to Twitter to clarify price of Model X
The Model X Signature Series comes standard with Tesla’s largest 90 kWh battery, and dual electric motors rated at 259 horsepower in the front and 503 horsepower in the rear. Tesla claims that the 762 combined horses will rocket the Model X from 0-60 mph in 3.8 seconds making it one of the quickest factory production SUVs in the world. And as if that wasn’t enough, a Ludicrous Mode upgrade for an additional $10,000 will trim 0-60 down to super car territories at 3.2 seconds. Driving range is listed at 240 miles from the 90 kWh battery.
The Signature Series Model X comes pretty loaded as-is making the choice of options sparse. Earlier spy shots showing a Model X towing freight down a California highway are validated by the Model X towing package that adds a 2″ draw bar rated up to 5,000 lbs in towing capacity. For an additional $1,000, owners in snowier climates may opt for the Subzero Weather package which adds a heated steering wheel, seat heaters for the 2nd and 3rd row seats, heated windshield washer nozzles and wiper defrosters.
Tesla has promised that production of the Model X will begin in the third quarter and it appears that target will be met. We still have to wait to see how many Model X vehicles will actually get built in 2015, but most observers estimate that number to come in closer to 1,000, all of which will be Signature Series models.
The company has yet to announce further details or pricing for other versions of the Model X. There is little doubt amongst the Tesla community that a 70 kWh battery, capable of 200 miles of range, will be offered at a lesser cost. What we don’t know are the optional features that will further reduce the cost of an entry level model, but Tesla has time to make that decision while it works through its backlog of nearly 30,000 Model X reservations.
One new feature has surfaced since the Model X configurator went live. The falcon wing rear doors will have sensors built in to keep them from bumping into the rafters of your garage. Oh, and all that speculation of the Model X will having one large glass continuous windshield-to-roof design – well, it looks to be true.
Elon thinks of everything.
Tesla Model X interior [Source: Tesla Motors]
Investor's Corner
Tesla analyst maintains $500 PT, says FSD drives better than humans now
The team also met with Tesla leaders for more than an hour to discuss autonomy, chip development, and upcoming deployment plans.
Tesla (NASDAQ:TSLA) received fresh support from Piper Sandler this week after analysts toured the Fremont Factory and tested the company’s latest Full Self-Driving software. The firm reaffirmed its $500 price target, stating that FSD V14 delivered a notably smooth robotaxi demonstration and may already perform at levels comparable to, if not better than, average human drivers.
The team also met with Tesla leaders for more than an hour to discuss autonomy, chip development, and upcoming deployment plans.
Analysts highlight autonomy progress
During more than 75 minutes of focused discussions, analysts reportedly focused on FSD v14’s updates. Piper Sandler’s team pointed to meaningful strides in perception, object handling, and overall ride smoothness during the robotaxi demo.
The visit also included discussions on updates to Tesla’s in-house chip initiatives, its Optimus program, and the growth of the company’s battery storage business. Analysts noted that Tesla continues refining cost structures and capital expenditure expectations, which are key elements in future margin recovery, as noted in a Yahoo Finance report.
Analyst Alexander Potter noted that “we think FSD is a truly impressive product that is (probably) already better at driving than the average American.” This conclusion was strengthened by what he described as a “flawless robotaxi ride to the hotel.”
Street targets diverge on TSLA
While Piper Sandler stands by its $500 target, it is not the highest estimate on the Street. Wedbush, for one, has a $600 per share price target for TSLA stock.
Other institutions have also weighed in on TSLA stock as of late. HSBC reiterated a Reduce rating with a $131 target, citing a gap between earnings fundamentals and the company’s market value. By contrast, TD Cowen maintained a Buy rating and a $509 target, pointing to strong autonomous driving demonstrations in Austin and the pace of software-driven improvements.
Stifel analysts also lifted their price target for Tesla to $508 per share over the company’s ongoing robotaxi and FSD programs.
Elon Musk
SpaceX Starship Version 3 booster crumples in early testing
Photos of the incident’s aftermath suggest that Booster 18 will likely be retired.
SpaceX’s new Starship first-stage booster, Booster 18, suffered major damage early Friday during its first round of testing in Starbase, Texas, just one day after rolling out of the factory.
Based on videos of the incident, the lower section of the rocket booster appeared to crumple during a pressurization test. Photos of the incident’s aftermath suggest that Booster 18 will likely be retired.
Booster test failure
SpaceX began structural and propellant-system verification tests on Booster 18 Thursday night at the Massey’s Test Site, only a few miles from Starbase’s production facilities, as noted in an Ars Technica report. At 4:04 a.m. CT on Friday, a livestream from LabPadre Space captured the booster’s lower half experiencing a sudden destructive event around its liquid oxygen tank section. Post-incident images, shared on X by @StarshipGazer, showed notable deformation in the booster’s lower structure.
Neither SpaceX nor Elon Musk had commented as of Friday morning, but the vehicle’s condition suggests it is likely a complete loss. This is quite unfortunate, as Booster 18 is already part of the Starship V3 program, which includes design fixes and upgrades intended to improve reliability. While SpaceX maintains a rather rapid Starship production line in Starbase, Booster 18 was generally expected to validate the improvements implemented in the V3 program.
Tight deadlines
SpaceX needs Starship boosters and upper stages to begin demonstrating rapid reuse, tower catches, and early operational Starlink missions over the next two years. More critically, NASA’s Artemis program depends on an on-orbit refueling test in the second half of 2026, a requirement for the vehicle’s expected crewed lunar landing around 2028.
While SpaceX is known for diagnosing failures quickly and returning to testing at unmatched speed, losing the newest-generation booster at the very start of its campaign highlights the immense challenge involved in scaling Starship into a reliable, high-cadence launch system. SpaceX, however, is known for getting things done quickly, so it would not be a surprise if the company manages to figure out what happened to Booster 18 in the near future.
News
Tesla FSD (Supervised) is about to go on “widespread” release
In a comment last October, Elon Musk stated that FSD V14.2 is “for widespread use.”
Tesla has begun rolling out Full Self-Driving (Supervised) V14.2, and with this, the wide release of the system could very well begin.
The update introduces a new high-resolution vision encoder, expanded emergency-vehicle handling, smarter routing, new parking options, and more refined driving behavior, among other improvements.
FSD V14.2 improvements
FSD (Supervised) V14.2’s release notes highlight a fully upgraded neural-network vision encoder capable of reading higher-resolution features, giving the system improved awareness of emergency vehicles, road obstacles, and even human gestures. Tesla also expanded its emergency-vehicle protocols, adding controlled pull-overs and yielding behavior for police cars, fire trucks, and ambulances, among others.
A deeper integration of navigation and routing into the vision network now allows the system to respond to blocked roads or detours in real time. The update also enhances decision-making in several complex scenarios, including unprotected turns, lane changes, vehicle cut-ins, and interactions with school buses. All in all, these improvements should help FSD (Supervised) V14.2 perform in a very smooth and comfortable manner.
Elon Musk’s predicted wide release
The significance of V14.2 grows when paired with Elon Musk’s comments from October. While responding to FSD tester AI DRIVR, who praised V14.1.2 for fixing “95% of indecisive lane changes and braking” and who noted that it was time for FSD to go on wide release, Musk stated that “14.2 for widespread use.”
FSD V14 has so far received a substantial amount of positive reviews from Tesla owners, many of whom have stated that the system now drives better than some human drivers as it is confident, cautious, and considerate at the same time. With V14.2 now rolling out, it remains to be seen if the update also makes it to the company’s wide FSD fleet, which is still populated by a large number of HW3 vehicles.
Tesla analyst maintains $500 PT, says FSD drives better than humans now
SpaceX Starship Version 3 booster crumples in early testing
