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Tesla community celebrates 49 years of Elon Musk’s relentless pursuit of dreams and sustainability

Elon Musk during the Falcon Heavy's maiden flight. (Credit: National Geographic/YouTube)

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Tesla and SpaceX CEO Elon Musk is celebrating his 49th birthday today, and both the electric car and space community are celebrating a life that has so far been dedicated to the pursuit of dreams and sustainability. Musk’s journey has been arduous, but his sheer determination has played a notable part in accelerating today’s shift towards renewables and interplanetary endeavors.

It is said that discomfort is something that could harness the best in a person. For Musk, this does seem to be the case. As a teenager, Musk fled to Canada with around $2,000 to his name, and he lived off manual labor for some time to make ends meet. Finishing college, Musk was similar to other graduates, being $100,000 in debt. Yet despite this, Musk was a dreamer, and his fascination with space, tech, and sustainability were intact.

Musk’s first successes came in the tech sector, starting with Zip2, a directory service that could, in a way, be considered as a predecessor of programs like Google Maps. He then went on to online banking with X.com, which, after a merger with Confinity, was sold to eBay as PayPal. Musk’s earnings from the sale of PayPal ultimately helped start SpaceX, a private space company. It did not take long before Musk became the Chairman of the Board of Directors of Tesla, an electric vehicle company.

Elon Musk’s successes today prove that hard work is needed for real results. Previous interviews have mentioned Musk remarking that projects such as mass producing the Tesla Model 3 or creating reusable rockets is difficult. And it’s true. Musk is arguably one of the most hands-on CEOs in the industry today, at some points in recent years even bunking on Tesla’s Fremont Factory to help out the company in ramping vehicle production.

But all this hard work also results in a lot of hard-won victories. When Elon Musk joined Tesla as the company’s primary investor, and as he took the reins of the company as its CEO during the financial crisis, the idea of an electric car company being the most valuable automaker in the world by market cap was farfetched. But this is exactly what has happened over the years. It took a ton of hard work with each vehicle release, but there is no denying the fact that Tesla today is a force to be reckoned with in the auto sector.

The same goes for SpaceX. The private space firm could be considered as Musk’s true labor of love, being a company that is currently pursuing Musk’s personal childhood dream of making humans into an interplanetary species. Just like Tesla, the road has not been easy for SpaceX, with the company teetering over the edge of bankruptcy amidst the multiple failures of its first custom-designed rocket, the Falcon 1. The Falcon 1 was a humble rocket, and it took three failures before it was able to reach orbit nominally.

https://twitter.com/PPathole/status/1277109785549135872?s=20

The victory of the Falcon 1 ultimately paved the way for the emergence of SpaceX’s resident workhorse, the Falcon 9. Equipped with nine Merlin Engines, the Falcon 9 marked its place in space history through its sheer reliability, and later on, its unique reusability. The Falcon 9, as well as its upgraded configuration, the Falcon Heavy, stand as the pinnacle of rockets today, with their capability to be reflown and reused after landing on land and at sea.

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If there is one thing that is similar among Elon Musk’s primary companies and the CEO himself, it is the fact that they move very fast. Tesla was able to outpace the EV competition since its vehicles, which were the benchmark in performance and tech to begin with, are moving targets for competitors. SpaceX is the same way. Despite the dominance of the Falcon 9 in terms of reusability and cost, the company is now looking towards its next great project — Starship — a massive rocket that is designed for actual interplanetary travel.

Ultimately, it is quite fascinating to see what Elon Musk has accomplished over his 49 years. But what is even more exciting is that there is more to come. Tesla is only getting started in the energy sector, and SpaceX looking to even higher heights. The next few years for Musk would most definitely be even more compelling.

Simon is an experienced automotive reporter with a passion for electric cars and clean energy. Fascinated by the world envisioned by Elon Musk, he hopes to make it to Mars (at least as a tourist) someday. For stories or tips--or even to just say a simple hello--send a message to his email, simon@teslarati.com or his handle on X, @ResidentSponge.

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Elon Musk

The Boring Company’s newest tunnel vehicle runs on Tesla parts and no one is driving it

The Boring Company’s new tunnel vehicle runs on Tesla Model 3 batteries and drive units.

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The Boring Company just introduced a new piece of hardware, and it runs on parts pulled straight from a Tesla showroom. Liner Truck 3, unveiled in a post from the tunneling company’s official X account, is an all electric vehicle built around Tesla Model 3 battery packs and drive units, purpose built to move concrete tunnel segments to the boring machine face without a single person underground.

The job itself is unglamorous but critical. Each precast segment run weighs more than 22,000 pounds, roughly the load of a full cement mixer, and Liner Truck 3 hauls that weight repeatedly between the surface staging area and wherever the Prufrock machine happens to be cutting.

The Boring Company said Liner Truck 3 is piloted remotely out of its Global Operations Control Center in Texas, extending the Zero-People-In-Tunnel approach the company has spent years building toward. An earlier version of a ZPIT liner truck was already tested at the company’s Bastrop, Texas research tunnels, and a factory tour released last month showed an employee flying a fully loaded liner truck with a PlayStation controller. Liner Truck 3 looks like the production version of that same idea, cleaned up and pushed into daily use.

The timing lines up with a company digging in more places than it ever has before. The Boring Company now has multiple Prufrock machines active or arriving in Nashville, where Music City Loop construction has been accelerating since February, and its Vegas Loop network keeps adding tunnel mileage on a near monthly basis. Every one of those projects depends on getting concrete segments to the cutting face fast enough to keep the boring machine from idling, which is exactly the bottleneck Liner Truck 3 is designed to remove.

It also reinforces something Tesla owners have watched happen gradually across Musk’s companies: passenger car hardware finding a second life in heavy equipment. Model 3 drive units already move people through the Vegas Loop, and now the same components are hauling concrete underground in Nashville and wherever The Boring Company digs next. Whether that kind of component reuse extends further into TBC’s equipment lineup, or into other Musk owned industrial hardware, is the next thing worth watching.

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Elon Musk and SpaceX shrugs off the trading day Wall Street feared most

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Rendering of Elon Musk overlooking a Starship fleet (Credit: Grok)

SpaceX stock did the opposite of what most of Wall Street expected this week, when the day designed to be its most dangerous turned into a rally, and the rally kept going.

Thursday marked the first major lockup expiration since SpaceX’s June IPO, making roughly 911.5 million insider held shares eligible to trade for the first time, more than doubling the company’s public float. Analysts and short sellers had spent weeks bracing for a flood of selling, especially after the stock fell 13 percent following its first earnings report as a public company on Tuesday. Instead, shares rose 6.1 percent Thursday to close at $114.92, and by Friday they were trading near $129, up more than another 12 percent on the day.

SpaceX shorts get warned by Musk ally, echoing Tesla’s early struggles

The setup made the outcome notable. Short interest had climbed to roughly 34 percent of the float heading into earnings, among the highest of any large cap stock, with about 95 percent of available shares to borrow already on loan. CEO Elon Musk warned short sellers twice in the weeks before the lockup, writing on X that “the survival probability of firms who maintain a significant short position in SpaceX over time is very low,” then following up on the morning of earnings with “I try to warn them, but they just double down.”

When the newly unlocked shares hit the market and the selloff never showed up, some of that short position appears to have started unwinding. TipRanks reported that options activity shifted toward bullish strategies like put selling and risk reversals following the rally, with roughly $600 million in options premium trading Thursday alone. Retail buyers also stepped in during the earnings dip, according to Vanda Research.

The fundamentals behind the stock have not changed much in a week. SpaceX’s revenue nearly doubled year over year to $7.8 billion, with Starlink subscribers doubling to 12 million and the company’s AI segment growing 247 percent. What spooked investors on Tuesday was the spending side. Capital expenditures jumped to more than $18 billion for the quarter, up from $2.8 billion a year earlier, with AI investment alone rising from $749 million to $15.8 billion. Wall Street remains split on whether that spending is building infrastructure SpaceX needs or outrunning what the business can currently support, a debate Teslarati has tracked since shares first came under pressure.

None of that resolves the bigger question hanging over the stock. Thursday’s release was only the first of nine staggered lockup tranches, with roughly $800 billion worth of additional shares scheduled to become eligible through October, and Musk’s own stake stays locked until next June. If this week is any indication, the market is treating that supply as something it can absorb rather than something to fear, at least for now.

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The Boring Company’s newest Vegas Station has a permit quietly waiting behind it

Sahara Las Vegas opened a new Vegas Loop station, joining an exclusive two resort transit club.

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Sahara Las Vegas opened a new Vegas Loop station Thursday, giving The Boring Company’s underground transit system its northernmost stop yet on the Strip. The station sits at Sahara’s Paradise Road entrance, on the southeast corner of Las Vegas Boulevard and Sahara Avenue, and connects riders to the Las Vegas Convention Center, other Strip resorts on the network and, eventually, Harry Reid International Airport.

The addition makes Sahara the second resort, after Fontainebleau opened its own station in January, to get a stop built at street level rather than tucked into the property itself. Sahara now joins Westgate as the only two Strip resorts offering both a Vegas Loop station and a stop on the Las Vegas Monorail, giving guests two separate ways to get around without leaving the property.

The Boring Company just doubled its tunneling power in Nashville

The bigger news buried in Thursday’s announcement is what comes next. Boring Company has already secured its first permit to tunnel north of Sahara Avenue, extending the network beyond where it currently ends, even though permits to push the Loop toward downtown Las Vegas still haven’t been granted. Crews are also working on a two mile dual tunnel line running from Westgate to a planned station at 4744 Paradise Road, just north of Tropicana Avenue, that Las Vegas Convention and Visitors Authority CEO Steve Hill has said the company hopes to open in time for November’s Las Vegas Grand Prix.

Ridership has grown alongside the buildout. The Loop moved roughly 82,000 passengers during CONEXPO in early March, a total the company highlighted on its own X account at the time, and the system has now carried more than 4 million passengers through 11 open stations since it began running in 2021. The airport connector tunnels, meant to give the Loop a direct link to Harry Reid, have slipped past their original first quarter target and remain under construction, with Boring Company director Mike Baier saying that a full opening is still a few months out.

For Sahara, the calculation is straightforward. Convention traffic drives a large share of Loop ridership, and a station at the property’s front door gives conventiongoers one more reason to book rooms on the Strip’s north end instead of closer to the convention center itself.

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