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Elon Musk taunts Boeing on claim they’ll beat SpaceX to Mars
The space-race to Mars is heating up, as Boeing CEO Dennis Muilenburg seemingly calls out SpaceX CEO Elon Musk by saying his company will send the first human to the red planet.
Not one to back down from an opportunity to fire back with some sass, Musk invited the challenge, tweeting back with a simple two-words: “Do it”.
Do it
— Elon Musk (@elonmusk) December 7, 2017
This isn’t the first time we’re learning of Boeing’s ambitious plan to colonize Mars and go toe-to-toe with the serial tech entrepreneur behind Tesla, SpaceX and a list of industry disrupting ventures.
Boeing’s CEO said in 2016, at the “Whats Next” tech conference in Chicago, that the first human to land on Mars will travel on a Boeing rocket. “I’m convinced that the first person to step foot on Mars will arrive there riding on a Boeing rocket,” said Muilenburg, according to Bloomberg.
Speaking to CNBC’s Jim Cramer on Thursday morning, Muilenburg furthered his claim that Boeing will send the first human to Mar using a “next generation rocket” that its building with NASA.
“Eventually we’re going to go Mars and I firmly believe the first person that sets foot on Mars will get there on a Boeing rocket,” said Muilenburg. “We’re working on that next generation rocket right now with our NASA customers called ‘Space Launch System,’”
According to Fortune, Muilenburg touched on the company’s plans to test the new rocket in 2019. “This is a rocket that’s about 36 stories tall, we’re in the final assembly right now, down near New Orleans. And we’re going to take a first test flight in 2019 and we’re going to do a slingshot mission around the moon.”
RELATED: Why Elon Musk and SpaceX won’t be stopped along the road to Mars
The legacy aerospace company that once served as the primary contractor for the U.S. government’s NASA program has continued to shed business to newcomer SpaceX. Prompted by a cooling in diplomatic relations between the U.S. and Russia, NASA shifted contracts that once relied on soviet-era spacecrafts to both Boeing and SpaceX. Boeing and SpaceX were awarded contracts in 2014 to fly astronauts to the International Space Station.
But as the young space company led by Musk continued to make advancements in rocket technology, namely the ability to self-land rockets after flight and hold to a rapid launch cadence through the reuse of previously flown rockets, SpaceX continued to strip lucrative government contracts away from Boeing. Earlier this year, SpaceX was awarded a $96.5 million contract with the U.S. Air Force, beating out Boeing and Lockheed Martin’s joint venture, United Launch Alliance, for a chance to assist on future space missions.
Additional successes by SpaceX in the construction of carbon fiber liquid oxygen tanks to be used in the company’s “Mars engine“, further validates the company’s push to fulfill Musk’s plans to build a civilization on Mars.
Musk presented an update to his Interplanetary Transport System that included a look at SpaceX’s BFR rocket: a massive space transport rocket that intends to house 100 Mars-bound travelers for as long as six months in individual cabins, but also facilitate rapid earth-to-earth travel.
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Tesla benefits from new incentive program that’s active after tax credit loss

Tesla benefits from an incentive program in Texas that has become active following the loss of the $7,500 EV tax credit, which was a significant advantage for EV drivers.
In Texas, the State Commission on Environmental Quality has a grant program for light-duty motor vehicles that are either purchased or leased by consumers.
Referred to as the Light-Duty Motor Vehicle Purchase or Lease Incentive Program (LDPLIP), the program opened on October 13 and provides grants for consumers who want to buy new energy vehicles.
Will Tesla thrive without the EV tax credit? Five reasons why they might
The program allows for grants of up to $2,500 for electric or hydrogen fuel cell vehicles.
These are the eligibility criteria:
- Individuals or entities who purchase or lease an eligible vehicle on or after September 1, 2025, and who apply for or acquire title and registration of the vehicle in Texas
- Applicants must have taken possession of the vehicle before applying
- Applicants must commit to operating and registering the vehicle in Texas for at least one year
Additionally, the car must:
- Be included on the TCEQ Eligible Vehicle List
- Be new and must not have been the subject of any prior retail sale or lease
- Have a gross vehicle weight rating of 10,000 pounds or less
They are awarded on a first-come, first-served basis.
The good news is that Tesla’s entire vehicle lineup, as of October 7, qualifies. Here is what the LDPLIP’s list of qualifying vehicles shows for Tesla:
- Tesla Cybertruck AWD
- Tesla Cybertruck Beast
- Tesla Model S AWD
- Tesla Model S Plaid
- Tesla Model X AWD
- Tesla Model X Plaid
- Tesla Model Y Long Range RWD
- Tesla Model Y Long Range AWD
- Tesla Model Y Performance
- Tesla Model 3 Long Range RWD
- Tesla Model 3 Long Range AWD
- Tesla Model 3 Performance
This list was published during the day of October 7, which is coincidentally the same day Tesla launched its Tesla Model 3 ‘Standard’ and Tesla Model Y ‘Standard.’
We reached out to the program to confirm that these vehicles qualify for that grant, and we will update when we hear back.
With the loss of the Federal EV Tax Credit, local programs are still available to help with the cost of an EV. Although electric cars are affordable, there are benefits to choosing one, especially as these grant programs continue to become available.
The full list of vehicles that qualify for the grant is available here.
Elon Musk
Tesla’s pay package saga with Elon Musk enters its final chapter

Tesla has made a last-ditch effort to secure the $56 billion pay package for CEO Elon Musk, which was approved twice by company shareholders, after a Delaware Chancery Court denied the frontman the payday.
Perhaps one of the biggest issues from a standpoint of being fluent in Tesla-related events has been Musk’s pay package.
It was approved by shareholders once in 2018, and required Musk to oversee various growth tranches that would bring investors value. He completed each of the tranches and was entitled to the pay package.
However, the Delaware Chancery Court decided in January 2024 to rescind the pay package, which Musk had earned, based on a suit filed by a shareholder.
Chancellor Kathaleen McCormick ruled that Tesla’s board lacked independence from Musk when the pay package was approved in 2018, and that it should not be granted.
She called it “an unfathomable sum.”
In response to the pay package’s rejection by Chancellor McCormick, Tesla held a second shareholder vote last year, which once again showed investors were willing to support Musk’s payday. It was approved by shareholders, but it was once again denied by the court.
Today, Tesla attorneys argued to the Delaware Supreme Court that the pay package should be restored because of last year’s vote by shareholders.
Jeffrey Wall, an attorney for Tesla, said (via Reuters):
“This was the most informed stockholder vote in Delaware history. Reaffirming that would resolve this case. Shareholders in 2024 knew exactly what they were voting.”
In a response to the decision by the Delaware courts last year, Tesla proposed a new pay package for Musk in September, which would give him a potentially $1 trillion compensation plan. It would require Musk to help Tesla reach several performance-based growth milestones, including achieving an $8.5 trillion market cap.
Elon Musk’s new pay plan ties trillionaire status to Tesla’s $8.5 trillion valuation
Musk is currently worth $483 billion, making him the richest person in the world. If he were to achieve his pay package tranches, granted the new pay package is passed at the Shareholder Meeting in November, he would easily be the first trillionaire.
News
Tesla makes big move with its Insurance program
Tesla Insurance launched back in late 2019, and it was massive because it was the first time a company aimed to cover its vehicle owners in-house without the need for third-party companies.

Tesla Insurance is heading to a new state for the first time in years, as the company is aiming to launch its in-house coverage platform in Florida.
Tesla Insurance launched back in late 2019, and it was massive because it was the first time a company aimed to cover its vehicle owners in-house without the need for third-party companies.
Tesla Insurance goes live with claims of lower rates by 20-30%
However, it has struggled to expand and only offers insurance in twelve states currently.
Tesla Insurance is available in:
- Arizona
- California
- Colorado
- Illinois
- Maryland
- Minnesota
- Nevada
- Ohio
- Oregon
- Texas
- Utah
- Virginia
In California, Tesla cannot offer real-time insurance or telematics due to regulatory rules.
The company uses a Safety Score to adjust rates based on driving behaviors. The current version, which is called Safety Score Beta v2.2, tracks Hard Braking, Aggressive Turning, Unsafe Following, Excessive Speeding, Late-Night Driving, Forced Autopilot Engagement, and Unbuckled Driving to determine the rate it should charge.
Tesla is working to expand into new markets and has filed applications to launch the program into new U.S. states. Back in 2022, it filed to offer insurance to Florida drivers, but it did not launch.
However, the company just filed to update its Private Passenger Auto program in Florida, according to the insurance site CoverageR.
It would be the first new state to obtain Tesla Insurance since Utah and Maryland launched over three years ago.
Tesla has its eyes on other states, including Georgia, New Jersey, Oregon, and Virginia.
It has also tried to expand to Europe, as it opened an office specifically for Insurance. It was also hiring for Legal Counsel specializing in Insurance on the continent, but nothing ever expanded to an actual offering of vehicle coverage.
Tesla Insurance is an advantage for owners specifically because the company is familiar with its vehicles, the parts, and the repair processes that are required to get a car back on the road.
This was a big reason some drivers switched from the previous providers to the in-house Insurance Tesla was able to offer.
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