News
Elon Musk’s flamethrower gets reprieve in CA after lawmaker’s bill falls through
California lawmakers recently blocked proposed restrictions for the sale and use of The Boring Company’s Not-a-Flamethrowers in the state. The suggested restrictions were authored by LA Assemblyman Miguel Santiago (D-Los Angeles), who earlier this year issued a strongly-worded criticism of the device.
The Boring Co. Not-a-Flamethrower was launched by Elon Musk earlier this year. The devices, which Musk dubbed as a “super terrible idea,” were sold for $500 each during a limited run of 20,000 units. All 20,000 Not-a-Flamethrowers were sold out within four days, raising $10 million for the tunneling startup.
While the Boring Co. Not-a-Flamethrower proved incredibly popular, LA Assemblyman Miguel Santiago found nothing amusing about the device. At the end of January, Santiago issued a press release strongly criticizing the firestarter.
If this is real, I’m outraged and you should be too. If this is a joke, then it’s a terribly insensitive one given that we’re coming off of the worst wildfire season in history. Either way: NOT FUNNY. NOT GONNA HAPPEN. pic.twitter.com/82n00um9Bf
— Miguel Santiago (@MSantiagoAD54) January 29, 2018
Santiago would go on to author AB-1949, better known as the Flamethrower Bill. The bill’s first iteration proposed several restrictions on the sale and use of flamethrowers in California. As could be seen in a copy of the Assemblyman’s bill, owners of Tier II flamethrowers (devices that can shoot flames at least 2 feet but not exceeding 10 feet, like the Boring Co. Not-a-Flamethrower) must have a valid pyrotechnic operator license from the State Fire Marshal and the necessary permits before they are allowed to use the device. Without these documents, buyers of the Boring Co. flamethrower would be at risk of fines or even imprisonment. Here is an excerpt from the Assemblyman’s original bill.
“Any person who uses or possesses any Tier I or Tier II flamethrowing device… without a valid flamethrowing device permit issued pursuant to this part is guilty of a public offense and, upon conviction, shall be punished by imprisonment in the county jail for a term not to exceed one year, or in the state prison, or by a fine not to exceed ten thousand dollars ($10,000), or by both imprisonment and fine.”
Santiago’s bill was largely supported by the police and fire officials. As the bill advanced, however, it was eventually amended. The amendments in the bill were primarily focused on Santiago’s proposed restrictions on Tier II flamethrowers, which are less powerful and less likely to cause harm. The suggested imprisonment and fines for individuals using Tier II flamethrowers without permits were struck off the bill as well.
Santiago eventually narrowed the scope of his bill, suggesting that the devices like the Boring Co. Not-a-Flamethrower must carry a safety label. Even this, however, was stalled on Friday, when the bill was held at the Assembly Appropriations Committee. As noted in a San Francisco Chronicle article, the Flamethrower Bill ultimately became a victim of the state’s “suspense file” process, where legislative leaders usually kill bills that can pose an embarrassing vote for the party.
It is pertinent to note that the Boring Co. Not-a-Flamethrower is more of an oversized butane torch than a full-fledged flamethrower. The device shoots flames similar to the Weed Dragon, a torch that can be bought at hardware stores. Tier I flamethrowers, such as the XM42-M, are on an entirely different level, as these devices are capable of shooting flames up to 30 feet.
For now, however, reservation holders of the Boring Company Not-a-Flamethrower could look forward to the upcoming pickup party on June 9 at Los Angeles. The event, which would feature the handover of the first 1,000 Not-a-Flamethrowers, will also include fun activities such as photo booths, marshmallow toasting sessions, and zombie simulations. Deliveries of the Not-a-Flamethrowers would follow soon after.
Investor's Corner
Tesla gets tip of the hat from major Wall Street firm on self-driving prowess
“Tesla is at the forefront of autonomous driving, supported by a camera-only approach that is technically harder but much cheaper than the multi-sensor systems widely used in the industry. This strategy should allow Tesla to scale more profitably compared to Robotaxi competitors, helped by a growing data engine from its existing fleet,” BoA wrote.
Tesla received a tip of the hat from major Wall Street firm Bank of America on Wednesday, as it reinitiated coverage on Tesla shares with a bullish stance that comes with a ‘Buy’ rating and a $460 price target.
In a new note that marks a sharp reversal from its neutral position earlier in 2025, the bank declared Tesla’s Full Self-Driving (FSD) technology the “leading consumer autonomy solution.”
Analysts highlighted Tesla’s camera-only architecture, known as Tesla Vision, as a strategic masterstroke. While technically more challenging than the multi-sensor setups favored by rivals, the vision-based approach is dramatically cheaper to produce and maintain.
This cost edge, combined with Tesla’s rapidly expanding real-world data engine, positions the company to scale robotaxis far more profitably than competitors, BofA argues in the new note:
“Tesla is at the forefront of autonomous driving, supported by a camera-only approach that is technically harder but much cheaper than the multi-sensor systems widely used in the industry. This strategy should allow Tesla to scale more profitably compared to Robotaxi competitors, helped by a growing data engine from its existing fleet.”
The bank now attributes roughly 52% of Tesla’s total valuation to its Robotaxi ambitions. It also flagged meaningful upside from the Optimus humanoid robot program and the fast-growing energy storage business, suggesting the auto segment’s recent headwinds, including expired incentives, are being eclipsed by these higher-margin opportunities.
Tesla’s own data underscores exactly why Wall Street is waking up to FSD’s potential. According to Tesla’s official safety reporting page, the FSD Supervised fleet has now surpassed 8.4 billion cumulative miles driven.
Tesla FSD (Supervised) fleet passes 8.4 billion cumulative miles
That total ballooned from just 6 million miles in 2021 to 80 million in 2022, 670 million in 2023, 2.25 billion in 2024, and a staggering 4.25 billion in 2025 alone. In the first 50 days of 2026, owners added another 1 billion miles — averaging more than 20 million miles per day.
This avalanche of real-world, camera-captured footage, much of it on complex city streets, gives Tesla an unmatched training dataset. Every mile feeds its neural networks, accelerating improvement cycles that lidar-dependent rivals simply cannot match at scale.
Tesla owners themselves will tell you the suite gets better with every release, bringing new features and improvements to its self-driving project.
The $460 target implies roughly 15 percent upside from recent trading levels around $400. While regulatory and safety hurdles remain, BofA’s endorsement signals growing institutional conviction that Tesla’s data advantage is not hype; it’s a tangible moat already delivering billions of miles of proof.
News
Tesla to discuss expansion of Samsung AI6 production plans: report
Tesla has reportedly requested an additional 24,000 wafers per month, which would bring total production capacity to around 40,000 wafers if finalized.
Tesla is reportedly discussing an expansion of its next-generation AI chip supply deal with Samsung Electronics.
As per a report from Korean industry outlet The Elec, Tesla purchasing executives are reportedly scheduled to meet Samsung officials this week to negotiate additional production volume for the company’s upcoming AI6 chip.
Industry sources cited in the report stated that Tesla is pushing to increase the production volume of its AI6 chip, which will be manufactured using Samsung’s 2-nanometer process.
Tesla previously signed a long-term foundry agreement with Samsung covering AI6 production through December 31, 2033. The deal was reportedly valued at about 22.8 trillion won (roughly $16–17 billion).
Under the existing agreement, Tesla secured approximately 16,000 wafers per month from the facility. The company has reportedly requested an additional 24,000 wafers per month, which would bring total production capacity to around 40,000 wafers if finalized.
Tesla purchasing executives are expected to discuss detailed supply terms during their visit to Samsung this week.
The AI6 chip is expected to support several Tesla technologies. Industry sources stated that the chip could be used for the company’s Full Self-Driving system, the Optimus humanoid robot, and Tesla’s internal AI data centers.
The report also indicated that AI6 clusters could replace the role previously planned for Tesla’s Dojo AI supercomputer. Instead of a single system, multiple AI6 chips would be combined into server-level clusters.
Tesla’s semiconductor collaboration with Samsung dates back several years. Samsung participated in the design of Tesla’s HW3 (AI3) chip and manufactured it using a 14-nanometer process. The HW4 chip currently used in Tesla vehicles was also produced by Samsung using a 5-nanometer node.
Tesla previously planned to split production of its AI5 chip between Samsung and TSMC. However, the company reportedly chose Samsung as the primary partner for the newer AI6 chip.
Elon Musk
Elon Musk: Tesla could be first to build AGI in humanoid form
Musk’s statement was shared in a post on social media platform X.
Elon Musk predicted that Tesla could become one of the developers of Artificial General Intelligence (AGI) in humanoid form. Musk’s statement was shared in a post on social media platform X.
In his post, Musk stated that “Tesla will be one of the companies to make AGI and probably the first to make it in humanoid/atom-shaping form.”
The comment comes as Tesla expands development of its Optimus humanoid robot.
During Tesla’s Q4 earnings report, Elon Musk stated that production of the Model S and Model X would be phased out at its Fremont, California, facility. The vehicles’ production line will then be converted to a pilot line for Optimus. Tesla is looking to produce 1 million units of the humanoid robots annually to start.
Musk has previously stated that Optimus could eventually function as a von Neumann probe. The concept, proposed by mathematician John von Neumann, describes a machine capable of replicating itself using planetary resources and sending those replicas to other worlds.
Optimus would likely only be able to achieve this potential if it manages to achieve Artificial General Intelligence.
Other leaders in the AI sector have also expressed strong expectations about AGI’s potential. Demis Hassabis, CEO of Google DeepMind, recently spoke about the technology at the India AI Impact Summit 2026, as noted in a Benzinga report.
“It’s going to be something like ten times the impact of the Industrial Revolution, but happening at ten times the speed,” Hassabis said.
Elon Musk’s recent comments about Tesla producing a product with AGI could hint at further collaboration among his companies. So far, Tesla is actively pursuing autonomous driving, but it is xAI that is pursuing AGI with its Grok program.
Considering that Elon Musk mentioned a Tesla humanoid product with AGI, it appears that an Optimus robot running xAI’s AI models could become a reality.
xAI had recently merged with SpaceX, though reports suggest that Elon Musk is also considering an even bigger merger for all his companies, including Tesla.
Tesla gets tip of the hat from major Wall Street firm on self-driving prowess
Tesla to discuss expansion of Samsung AI6 production plans: report
