News
The Boring Company’s garage-elevator site takes shape ahead of Dec 18 tunnel opening
The Boring Company continues to make progress on the garage elevator prototype in its Prairie Avenue work site, located roughly at the halfway point of the tunneling startup’s 2-mile test tunnel in Hawthorne, CA. As the days trickle down towards the test tunnel’s unveiling on December 18, The Boring Co. appears to be digging deep in order to ensure that its projects in the area are making good progress.
On the site of the tunneling startup’s garage-elevator prototype, work continued despite last week’s rains. Teslarati photographer Pauline Acalin was in the area last Thursday, and she was able to snap some pictures of workers near the site. Returning to the elevator’s location this Monday, it was evident that work progressed, as evidenced by the disappearance of a massive structure previously set up beside the garage-elevator’s pit.
- The Boring Company’s garage-elevator site as of 12/06/2018. (Credit: Pauline Acalin)
- A structure believed to be an elevator shaft was built beside the opening of the Prairie Ave. garage-elevator site. (Credit: Pauline Acalin)
- A structure believed to be an elevator shaft was built beside the opening of the Prairie Ave. garage-elevator site. (Credit: Pauline Acalin)
- The Boring Company’s garage-elevator site as of 12/10/2018. (Credit: Pauline Acalin)
A massive structure believed to be an elevator shaft is believed to have been installed in the garage-elevator as of 12/10/2018. (Credit: Pauline Acalin)
Images taken near the end of November showed a massive structure being set up by The Boring Company beside the pit where it extracted the segments of Godot, its first tunnel boring machine. While the Boring Company did not identify or confirm the purpose of the structure, its size and height suggested that it was a shaft for the underground elevator being built on the site, where vehicles will be lifted out from the test tunnel.
Considering that the elevator shaft was nowhere to be seen as of Monday, it appears safe to assume that the structure has already been installed in the elevator itself. This bodes well for the project, as the structure is a key component to the Boring Company’s plans in the area. The garage-elevator, after all, is a bit different from the tunneling startup’s other projects, such the Hawthorne tunnel or the Dugout Loop, in the way that it would not be opened to the public even when it gets completed.
Instead, the structure would be used strictly for testing purposes only, with vehicles being moved from the test tunnel into the elevator, before being lifted onto the street. In a statement to Mercury News last September, Boring Company representative Jane Labanowski described the garage-elevator as an “important part of the longer-term vision the company is trying to build.” If the garage-elevator works as intended, it is not difficult to imagine The Boring Company rolling out the concept to its future stations, particularly those located near or even within residential areas.
- The Boring Company’s garage-elevator site as of 12/06/2018. (Credit: Pauline Acalin)
- The Boring Company’s garage-elevator site as of 12/06/2018. (Credit: Pauline Acalin)
- The Boring Company’s garage-elevator site as of 12/06/2018. (Credit: Pauline Acalin)
- The Boring Company’s garage-elevator site as of 12/06/2018. (Credit: Pauline Acalin)
- The Boring Company’s garage-elevator site as of 12/06/2018. (Credit: Pauline Acalin)
- The Boring Company’s garage-elevator site as of 12/10/2018. (Credit: Pauline Acalin)
- The Boring Company’s garage-elevator site as of 12/10/2018. (Credit: Pauline Acalin)
Work continues on the site of The Boring Company’s garage-elevator concept. (Credit: Pauline Acalin)
Similar to The Boring Company’s other projects, the vehicles that would be transported from the SpaceX headquarters to the elevator will be traveling through the startup’s electric skates. These skates use Hyperloop technology, and are expected to facilitate high-speed transportation from the tunnels to the garage-elevator.
The Boring Company initially announced that it would hold an opening party for its Hawthorne test tunnel on December 10, with test rides in the system being offered to the public for free the following day. In a recent announcement, though, Elon Musk stated that the test tunnel’s opening event is being moved to December 18 instead. Musk did not give a specific reason behind the delay, though considering the work still being done on some Boring Company projects like the Prairie Avenue elevator, there is a good chance that the tunneling startup is opting to refine some of its projects further before unveiling them to the public.
News
SpaceX unveils Starlink next-gen V5 kit: here’s what’s new
SpaceX’s Starlink has launched its latest residential hardware kit: the V5. Designed for reliable high-speed internet, the new terminal represents a significant leap forward in user equipment.
The next generation Starlink Kit is designed to deliver reliable, high-speed home internet. Starlink V5 has a smaller form factor and lightweight design with greater power efficiency than the Starlink V4.
With speeds up to 375+ Mbps, Starlink V5 delivers seamless connectivity… pic.twitter.com/0dorU6n0oD
— Starlink (@Starlink) July 14, 2026
The new V5 Starlink kit features a dramatically smaller and lighter form factor, measuring approximately 384 mm x 306 mm x 34 mm and weighing just 1.1 kg, which is less than half the weight of the previous V4 model, which was 2.9 kg.
This compact design makes installation easier and more versatile, whether mounted on a roof, pole, or even integrated with a pipe adapter. An integrated LED light aids setup in low-light conditions.
Power efficiency sees major gains too. The V5 draws only 35-50W, reducing energy consumption and making it ideal for off-grid or solar-powered setups. Despite its smaller size, performance remains robust. Starlink claims peak speeds of 375+ Mbps, supported by a new Wi-Fi 6 Router Mini that covers up to 2,200 square feet and connects up to 235 devices simultaneously.
The kit maintains strong signal reliability in diverse environments, from urban rooftops to remote rural areas, as demonstrated in the promo footage released by SpaceX, showing seamless operation under cloudy skies.
These improvements expand suitable applications considerably. Households can enjoy lag-free 4K streaming, smooth video conferencing, online gaming, and smart home device management without interruption. The V5’s efficiency and portability also benefit RVs, small businesses, and temporary installations in disaster-recovery zones where quick deployment is critical. Its lightweight build lowers shipping costs and simplifies user handling compared to bulkier predecessors.
Starlink’s Broader Impact on Global Internet Connectivity
Since SpaceX began launching Starlink satellites in 2019, the constellation has grown rapidly. By mid-2026, over 10,400 satellites orbit Earth, with thousands more deployed annually. This massive low-Earth-orbit network delivers broadband to approximately 160 countries and territories, reaching millions of users who previously lacked reliable internet access.
Starlink plays a vital role in bridging the digital divide. It provides essential connectivity to remote communities, maritime vessels, airlines, and regions affected by natural disasters or infrastructure gaps. By combining advanced satellite technology with iterative hardware upgrades like the V5 kit, SpaceX continues to push the boundaries of global internet access, fostering education, economic opportunity, and emergency response capabilities worldwide.
As production ramps up, the V5 promises to make high-performance internet even more accessible to users everywhere.
Investor's Corner
Lucid denies rumors of bankruptcy after over 40% stock drop
Electric vehicle maker Lucid Group has denied rumors of an imminent bankruptcy after a report from this morning sent the stock on a dramatic drop on Wall Street, seeing losses of more than 40 percent during trading hours.
Lucid’s Director of Communications, Nick Twork, responded to the report from Eletric-Vehicles.com, which stated the company’s restructuring advisor, AlixPartners, was asked to review two decisions: taking Lucid shares private or filing for Chapter 11 bankruptcy protection.
The report also claims AlixPartners told the Lucid board to “concentrate on Gravity production while improving its quality, and to temporarily hold back the Lucid Air, the sedan that has defined the company since its launch.”
Twork said:
$LCID The rumors are completely false. The company has sufficient liquidity to carry its operations well into next year, as recently published in its last quarterly filings, and it has not formed any special Board committee to explore the scenarios reported today. Our focus is…
— Nick Twork (@ntwork) July 14, 2026
Shares rebounded after the response to the report, halving its losses as the trading day neared 3 p.m. Eastern.
Lucid has struggled to get its sales off the ground and into more respectable numbers, but the company is in its early years, when things are hard to begin with. It is also backed by several notable investors, including the Saudi Public Investment Fund (PIF), which has nearly limitless money and likely would not ditch an investment of this size so soon.
Lucid shares were down just 14 percent at the time of publication, a far cry from the 55 percent its losses topped out at during the day.
News
Tesla owner attempts resale of Model S Signature Edition for over $260k
A Tesla owner who purchased a Model S Signature Edition, one of the final 250 units of the all-electric flagship vehicle that the company discontinued earlier this year, is attempting to sell the car despite a no-resale clause that prohibits reselling for the first year.
The car is being sold by J&S Autohaus in Ewing, New Jersey, and is priced at $260,490, well above the $159,420 that Tesla sold it for earlier this year.
🚨 The first Tesla Model S Signature Edition is up for sale for $260,490
Tesla placed a no-resale clause on the Model S and X Signature, so it will be interesting to see if the company takes any action. https://t.co/N9rKGHnbD6 pic.twitter.com/6FZhDL1KNR
— TESLARATI (@Teslarati) July 14, 2026
To those who do not know, the Model S Signature was a highly exclusive, limited-run farewell variant of the Model S Plaid that was produced this year to mark the end of production of both the Model S and Model X, Tesla’s two flagship vehicles.
Limited to just 250 units with invite-only sales, it serves as a collector’s item celebrating the legacy of the Model S, which helped pioneer Tesla’s electric vehicle success since its 2012 launch.
It bundles top-tier performance with bespoke cosmetic and luxury upgrades, plus Tesla’s Luxe Package. Here’s what the Model S Signature has over the typical Model S Plaid:
- Exclusive Exterior – Unique Garnet Red Paint, matching door handles, gold Tesla “T” badges upfront, gold Plaid and Signature badging at the rear.
- Premium Interior – White Alcantara upholstery with gold piping/accents, gold Plaid seat badges, Signature-marked door sills, individually numbered dashboard plaque, gold puddle lights, special interior lighting sequence, and a custom Signature key fob.
- Performance Upgrades – Carbon-ceramic brakes with gold calipers
- Bundled Luxe Package – Full Self-Driving (Supervised), four years of Premium Connectivity, free lifetime Supercharging
- Performance Metrics – ~1,020 horsepower, sub-2-second 0-60 MPH, ~390-mile range
Tesla quickly introduced a No Resale Agreement for the Signature Editions of the Model S and Model X, which would penalize the seller for “the amount of $50,000 or the value received as consideration for the sale or transfer, whichever is greater.”
The company continues:
“If you sell or otherwise transfer the ownership of your Model S or Model X, the remainder of the Recommended Maintenance, Wheel and Tire Protection Plan, and Windshield Protection Plan will transfer automatically to the buyer. The Full Self-Driving (Supervised), Free Supercharging and Premium Connectivity will not transfer with the vehicle and will terminate once the ownership of the Model S or Model X is transferred.”
Tesla will likely come after the seller, especially as it has been about two months since Tesla launched deliveries.











