News
The Boring Co. is holding a Not-a-Flamethrower pickup party on June 9
In an update on Saturday, Elon Musk announced that The Boring Company would be holding a Not-a-Flamethrower pickup party in Los Angeles on June 9.
During The Boring Company’s information session earlier this month, Elon Musk, together with SpaceX engineer Steve Davis, stated that the delivery and shipment of the Not-a-Flamethrowers were delayed since shipping items with propane proved to be complicated. Thus, according to Musk, the Boring Co. has come up with a solution to its shipping problems — the company will custom-deliver the Not-a-Flamethrowers to the homes of reservation holders.
About to ship. @BoringCompany holding flamethrower pickup parties in a week or so, then deliveries begin. Check https://t.co/WTl3TOTOkt for details.
— Elon Musk (@elonmusk) May 26, 2018
As it turns out, however, the Boring Company has an extra surprise before it starts delivering the fiery device. As could be seen in a recently shared screenshot of a correspondence from the tunneling startup (credit to u/Herbrax212 of the r/BoringCompany subreddit), a pick-up party for the first 1,000 Not-a-Flamethrowers would be held in Los Angeles on June 9. Following is an excerpt from the email that The Boring Company recently sent out to reservation holders.
Anyways… we are hosting a Not-a-Flamethrower pickup party in Los Angeles on June 9, 2018, from noon to 5 pm. Up to 1,000 customers can pick up their Not-a-Flamethrower, toast some marshmallows, take some fun pics, prep to take on a zombie horde, and (of course) receive a refund for their shipping charges. Only eligible customers who have signed the terms and conditions and have registered at www.boringcompany.com/pickup may attend. Don’t worry if you can’t make it; all Not-a-Flamethrowers will ship out this summer!
Where should we throw our next pick up party?
The Boring Company
The Boring Company Not-a-Flamethrower started off as a joke from Elon Musk and yet another reference to Hollywood sci-fi flick Spaceballs. In a tweet last December, Musk stated that the tunneling startup would release a flamethrower after selling its 50,000th Boring Company hat. Sure enough, after the inventory of the hats were cleared out, signs of the Boring Company Flamethrower started emerging.
By January, musician D.A. Wallach shared a video of the fiery device on his Instagram page. Not long after that, Elon Musk officially launched the Flamethrower in the Boring Company’s website, selling the contraption for $500 each. All 20,000 Boring Company Flamethrowers were sold out within four days, raising $10 million for the tunneling startup.
The device, however, did not come without its detractors. California assemblyman Miguel Santiago (D-Los Angeles), for one, expressed his opposition to the device, citing its safety concerns. Customs agencies also stated that they would not ship anything that is branded as a flamethrower. In response to this, Musk opted to rebrand the fiery device, calling it a Not-a-Flamethrower.
While the Boring Company Not-a-Flamethrower looks like a powerful firestarter, the device is actually more akin to a propane torch fitted on what appears to be a modified airsoft rifle. Considering that the device can only shoot flames up to a few feet, the Not-a-Flamethrower is actually more similar to a Weed Dragon, which could be purchased in any hardware store, than an actual flamethrower such as the XM42-M, which can shoot flames up to 30 feet.
News
Tesla ends Full Self-Driving purchase option in the U.S.
In January, Musk announced that Tesla would remove the ability to purchase the suite outright for $8,000. This would give the vehicle Full Self-Driving for its entire lifespan, but Tesla intended to move away from it, for several reasons, one being that a tranche in the CEO’s pay package requires 10 million active subscriptions of FSD.
Tesla has officially ended the option to purchase the Full Self-Driving suite outright, a move that was announced for the United States market in January by CEO Elon Musk.
The driver assistance suite is now exclusively available in the U.S. as a subscription, which is currently priced at $99 per month.
Tesla moved away from the outright purchase option in an effort to move more people to the subscription program, but there are concerns over its current price and the potential for it to rise.
In January, Musk announced that Tesla would remove the ability to purchase the suite outright for $8,000. This would give the vehicle Full Self-Driving for its entire lifespan, but Tesla intended to move away from it, for several reasons, one being that a tranche in the CEO’s pay package requires 10 million active subscriptions of FSD.
Although Tesla moved back the deadline in other countries, it has now taken effect in the U.S. on Sunday morning. Tesla updated its website to reflect this:
🚨 Tesla has officially moved the outright purchase option for FSD on its website pic.twitter.com/RZt1oIevB3
— TESLARATI (@Teslarati) February 15, 2026
There are still some concerns regarding its price, as $99 per month is not where many consumers are hoping to see the subscription price stay.
Musk has said that as capabilities improve, the price will go up, but it seems unlikely that 10 million drivers will want to pay an extra $100 every month for the capability, even if it is extremely useful.
Instead, many owners and fans of the company are calling for Tesla to offer a different type of pricing platform. This includes a tiered-system that would let owners pick and choose the features they would want for varying prices, or even a daily, weekly, monthly, and annual pricing option, which would incentivize longer-term purchasing.
Although Musk and other Tesla are aware of FSD’s capabilities and state is is worth much more than its current price, there could be some merit in the idea of offering a price for Supervised FSD and another price for Unsupervised FSD when it becomes available.
Elon Musk
Musk bankers looking to trim xAI debt after SpaceX merger: report
xAI has built up $18 billion in debt over the past few years, with some of this being attributed to the purchase of social media platform Twitter (now X) and the creation of the AI development company. A new financing deal would help trim some of the financial burden that is currently present ahead of the plan to take SpaceX public sometime this year.
Elon Musk’s bankers are looking to trim the debt that xAI has taken on over the past few years, following the company’s merger with SpaceX, a new report from Bloomberg says.
xAI has built up $18 billion in debt over the past few years, with some of this being attributed to the purchase of social media platform Twitter (now X) and the creation of the AI development company. Bankers are trying to create some kind of financing plan that would trim “some of the heavy interest costs” that come with the debt.
The financing deal would help trim some of the financial burden that is currently present ahead of the plan to take SpaceX public sometime this year. Musk has essentially confirmed that SpaceX would be heading toward an IPO last month.
The report indicates that Morgan Stanley is expected to take the leading role in any financing plan, citing people familiar with the matter. Morgan Stanley, along with Goldman Sachs, Bank of America, and JPMorgan Chase & Co., are all expected to be in the lineup of banks leading SpaceX’s potential IPO.
Since Musk acquired X, he has also had what Bloomberg says is a “mixed track record with debt markets.” Since purchasing X a few years ago with a $12.5 billion financing package, X pays “tens of millions in interest payments every month.”
That debt is held by Bank of America, Barclays, Mitsubishi, UFJ Financial, BNP Paribas SA, Mizuho, and Société Générale SA.
X merged with xAI last March, which brought the valuation to $45 billion, including the debt.
SpaceX announced the merger with xAI earlier this month, a major move in Musk’s plan to alleviate Earth of necessary data centers and replace them with orbital options that will be lower cost:
“In the long term, space-based AI is obviously the only way to scale. To harness even a millionth of our Sun’s energy would require over a million times more energy than our civilization currently uses! The only logical solution, therefore, is to transport these resource-intensive efforts to a location with vast power and space. I mean, space is called “space” for a reason.”
The merger has many advantages, but one of the most crucial is that it positions the now-merged companies to fund broader goals, fueled by revenue from the Starlink expansion, potential IPO, and AI-driven applications that could accelerate the development of lunar bases.
News
Tesla pushes Full Self-Driving outright purchasing option back in one market
Tesla announced last month that it would eliminate the ability to purchase the Full Self-Driving software outright, instead opting for a subscription-only program, which will require users to pay monthly.
Tesla has pushed the opportunity to purchase the Full Self-Driving suite outright in one market: Australia.
The date remains February 14 in North America, but Tesla has pushed the date back to March 31, 2026, in Australia.
NEWS: Tesla is ending the option to buy FSD as a one-time outright purchase in Australia on March 31, 2026.
It still ends on Feb 14th in North America. https://t.co/qZBOztExVT pic.twitter.com/wmKRZPTf3r
— Sawyer Merritt (@SawyerMerritt) February 13, 2026
Tesla announced last month that it would eliminate the ability to purchase the Full Self-Driving software outright, instead opting for a subscription-only program, which will require users to pay monthly.
If you have already purchased the suite outright, you will not be required to subscribe once again, but once the outright purchase option is gone, drivers will be required to pay the monthly fee.
The reason for the adjustment is likely due to the short period of time the Full Self-Driving suite has been available in the country. In North America, it has been available for years.
Tesla hits major milestone with Full Self-Driving subscriptions
However, Tesla just launched it just last year in Australia.
Full Self-Driving is currently available in seven countries: the United States, Canada, China, Mexico, Australia, New Zealand, and South Korea.
The company has worked extensively for the past few years to launch the suite in Europe. It has not made it quite yet, but Tesla hopes to get it launched by the end of this year.
In North America, Tesla is only giving customers one more day to buy the suite outright before they will be committed to the subscription-based option for good.
The price is expected to go up as the capabilities improve, but there are no indications as to when Tesla will be doing that, nor what type of offering it plans to roll out for owners.