

News
Boring Co. launches hiring spree in Austin, home of Tesla’s Giga Texas
Elon Musk’s Boring Company appears to be joining his other entity, Tesla, in Austin, Texas. A Tweet from Musk’s tunneling company has revealed that it will begin hiring for several new positions at the location of Tesla’s most recently-announced production facility.
According to the Boring Co. website, it will be hiring an Electric Engineer, Lead Electrical Technician, Mechanical Engineer, Power Electronics Engineer, Sr. Mechanical Engineer, Business Development Lead, and a Lead Technical Recruiter in Austin as it looks to expand its presence in the area.
Interestingly, the Boring Company does not have any currently listed projects in Austin or the state of Texas in general. The currently listed projects include the Hawthorne Test Tunnel in Los Angeles, the Las Vegas Convention Center Loop, and two prospective plans for underground tunnels in LA and the Baltimore-Washington D.C. metro area.

Tesla Cybertruck goes inside The Boring Company Tunnel (Credit: Jay Leno’s Garage vis CNBC)
However, there is undoubtedly room for more projects as underground loops prove advantageous and appealing. For example, the LVCC loop is being sought out by several hotels and resorts along the Las Vegas Strip, proving that some companies are interested in being included in Elon Musk’s plans to make travel in the Sin City more efficient.
It is unknown whether the Boring Company is simply setting up an office in Texas as Elon Musk has hinted that he will move Tesla to the Lone Star State in the future, or if the underground tunneling company is planning to set up a new transportation system for the massive number of employees who will work at the Giga Texas site. Based on reports from Elon Musk, we know that Giga Texas will not be the ordinary Tesla production facility. It will be an “ecological paradise” with biking trails, a boardwalk, and a visitor’s center, all of which will make the experience well-rounded for anyone who visits.
The introduction of an underground tunnel in Austin from Giga Texas to numerous hotspots is certainly feasible. The production plant will be located just a few miles outside of the Austin downtown area. Musk stated in an interview with Automotive News that many of Tesla’s executives were interested in moving to Austin.
“When talking to key members of the team that would need to move to Austin from California to get the factory going, Austin was their top pick to be totally frank,” Musk said. “That was a big factor in choosing Texas and Austin. Specifically Austin. I guess a lot of people from California, if you ask them what’s the one place you’d move outside of California, it’s Austin.”
With Tesla introducing a full-fledged facility that will provide visitors with some entertainment, there is a chance that the introduction of a Boring Co. facility will connect the new EV production building to the city it is nearest to.
News
Tesla to lose 64 Superchargers on New Jersey Turnpike in controversial decision
Tesla is set to lose 64 Superchargers on the extremely busy and congested New Jersey Turnpike.

Tesla is going to lose 64 Superchargers on the New Jersey Turnpike after a decision by the Turnpike’s governing body was made not to renew its contract with the automaker.
On Friday, Tesla revealed that the New Jersey Turnpike Authority (NJTA) had officially decided to choose a sole third-party provider for its electric vehicle infrastructure. This resulted in the NJTA not renewing its contract to keep Tesla Superchargers on the toll road.
The NJTA also requested, with its decision not to renew with Tesla, that the company decommission all 64 Supercharger stalls, an unprecedented decision that will remove these plugs from the turnpike, making charging more scarce on the busy roadway.
The New Jersey Turnpike Authority (“NJTA”) has chosen a sole third-party charging provider to serve the New Jersey Turnpike and is not allowing us to co-locate. As a result, NJTA requested 64 existing Supercharger stalls on the New Jersey Turnpike to not be renewed and be… pic.twitter.com/sosNIwMfYu
— Tesla Charging (@TeslaCharging) May 30, 2025
Tesla detailed the situation on Friday:
“The New Jersey Turnpike Authority (“NJTA”) has chosen a sole third-party charging provider to serve the New Jersey Turnpike and is not allowing us to co-locate. As a result, NJTA requested 64 existing Supercharger stalls on the New Jersey Turnpike to not be renewed and be decommissioned.”
Tesla said it has been preparing for the potential that the Turnpike Authority would make this decision for three years by building 116 Superchargers nearby to still supply drivers with reliable charging infrastructure.
The company also noted that its Trip Planner would adjust automatically.
There were also efforts to maintain a relationship that would benefit both the Turnpike and EV drivers who use it.
Tesla said it offered the NJTA various “above-market commercial items,” like an offer to build Superchargers at all New Jersey Service Plazas with equipment upgrades like screens and adapters for those companies who have gained access to its charging piles but need to utilize the NACS and CCS1 plugs.
The decision is one that seemed to baffle the company, especially as infrastructure is one of the biggest concerns among EV skeptics:
“Tesla always advocates for more infrastructure and co-location with additional third-party charging providers. This drives down costs through optionality, and accelerates EV adoption by having sufficient capacity to shoulder peaks. We expect that ~30 times more fast-charging capacity is needed to get to full EV adoption. NJTA’s decision to remove, rather than add, critical charging infrastructure is a setback for New Jersey’s EV adoption goals of 100% Zero-Emission New Car Sales by 2035. It removes Turnpike access to the most reliable (99.9% uptime), least congested (<1% waiters) and cost-effective (~30% lower $/kWh) charging. “
The company said it was more than willing to invest in Turnpike sites if the Authority or New Jersey Governor Phil Murphy wanted to reverse the decision.
News
SpaceX hit with mishap investigation by FAA for Starship Flight 9
Starship’s ninth test flight has the FAA requiring a mishap investigation from SpaceX.

SpaceX has been hit with yet another mishap investigation by the Federal Aviation Administration (FAA) related to the company’s ninth test flight of Starship earlier this week.
The FAA said the mishap investigation is “focused only on the loss of the Starship vehicle, which did not complete its launch or reentry as planned.” The agency said the loss of the Super Heavy booster is covered by one of the FAA’s approved test induced damage exceptions requested by SpaceX.
All of Starship and Super Heavy booster debris landed within the designated hazard areas, the FAA confirmed.
It said it activated a Debris Response Area out of an abundance of caution as the booster “experienced its anomaly over the Gulf of America during its flyback toward Texas. The FAA subsequently determined the debris did not fall outside of the hazard area. During the event there were zero departure delays, one flight was diverted, and one airborne flight was held for 24 minutes. ”
SpaceX has become accustomed to mishap investigations by the FAA, as they have been impacted by them on several occasions in the past, including on Flight 8. However, they are a precautionary measure and usually are resolved within a few weeks.
Flight 9 was one of SpaceX’s most eventful, as there were several discoveries during the launch. First, it was SpaceX’s first time reusing a Super Heavy booster, as the one utilized for Flight 9 was also used on Flight 7 in January.
Contact with the booster and Starship were both lost during Flight 9. SpaceX said the booster was lost “shortly after the start of landing burn when it experienced a rapid unscheduled disassembly approximately 6 minutes after launch.”
Meanwhile, Starship was set to make a splashdown in the Indian Ocean, but the vehicle was lost about 46 minutes into the flight, SpaceX said in a mission recap.
It was an improvement from the previous two flights, as both 7 and 8 resulted in the loss of Starship after just a few minutes. Flight 9 lasted considerably longer. These flights are also not intended to make it to Mars, despite what other reports might try to tell you.
These are ways to gain information for when SpaceX eventually tries to get Starship to Mars.
Investor's Corner
Tesla bull writes cautious note on Robotaxi launch: ‘Keep expectations well contained’
Morgan Stanley’s Adam Jonas is more cautious about Tesla’s upcoming Robotaxi launch.

Tesla analyst Adam Jonas of Morgan Stanley is telling investors to be wary of the Robotaxi details CEO Elon Musk revealed this week, after a report seemed to land on the prospective launch date of the platform in June.
Earlier this week, a report from Bloomberg indicated Tesla had internally landed on a tentative date of June 12 for its Robotaxi launch in Austin. Shortly after, Musk detailed the successful testing Tesla has already performed without anyone in the driver’s seat.
He also indicated Teslas would self-deliver to customers in June.
Analysts are now sending out investor notes on the announcement Musk made, along with the Bloomberg report. Jonas’s note is more cautious than others.
Jonas believes Tesla needs to shed more details before investors and fans of the company get too excited. He believes there is more information that could be released, but until then, he is suggesting investors “keep expectations well contained.”
He wrote:
“As is typical for highly anticipated Tesla events, we would keep expectations well contained for the (reported) June 12th Cybercab launch event in Austin. However, we would look for a continued stream of updates for the performance and growth of the network thereafter (numbers of cars, miles, trips, etc.) in the days and weeks that follow.”
The tone of Jonas’s note contradicts that of Wedbush’s Dan Ives, who believes the “golden age of autonomous” lies in Tesla’s hands. He seems to believe Tesla will come through on its June 12 launch.
Tesla set for ‘golden age of autonomous’ as Robotaxi nears, ‘dark chapter’ ends: Wedbush
Morgan Stanley’s note is slightly more
Jonas is obviously still bullish, but is much more tentative to move forward with an attitude that communicates skepticism about what Tesla has revealed.
Jonas and Morgan Stanley have a $410 price target on Tesla shares with a ‘Buy’ rating. Tesla stock is trading at around $358 at 12:15 p.m. on the East Coast.
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