News
Elon Musk: US’ Starlink deal could have cost substantially less
The aftermath of Hurricane Helene has reiterated the potential of using Starlink in areas that have been ravaged by natural disasters. In a recent comment on social media platform X, Elon Musk noted that the United States’ Starlink deal, which was later revoked by the FCC, could have cost significantly less if the government did not insist on “so many crazy requirements that add no value.”
As noted in a FOX News report, the FCC launched an initiative four years ago that awarded grants to companies that could provide high-speed internet access to the United States’ underserved areas. SpaceX won an $885.5 million grant from the initiative, which was intended to connect over 640,000 homes and businesses—at a cost of about 1,300 per kit—in 35 states across the country. The grant, however, was rescinded in 2022. The FCC reaffirmed its decision in December 2023.
Starlink’s capability to provide internet connectivity in areas affected by disasters was highighted recently as FEMA and private individuals and organizations deployed Starlink kits to areas that were hit hard by Hurricane Helene. Amidst the ongoing recovery efforts, some users in X noted that the five most impacted states by Hurricane Helene would have over 92,800 Starlink kits at their disposal had the FCC not revoked its award for the satellite internet system. What’s more, each Starlink kit in the five most affected states would have cost just over $1,000 per kit.
True— Elon Musk (@elonmusk) October 1, 2024
In a response on X, SpaceX CEO Elon Musk noted that the price of each Starlink kit for the United States’ underserved areas could actually have been lower. As per Musk, the price of every Starlink kit under the rescinded FCC award got higher because the government insisted on requirements that didn’t really add anything of value. “By the way, the price could be much less if the government didn’t insist on so many crazy requirements that add no value,” Musk wrote in his response on X.
By the way, the price could be much less if the government didn’t insist on so many crazy requirements that add no value— Elon Musk (@elonmusk) October 1, 2024
Since rescinding Starlink’s $885 million award, the United States government would now be spending over $42 billion to provide fiber high-speed internet to underserved areas. As noted by FCC Commissioner Brendan Carr, “Now you’ve got cases where the government is spending in the ballpark of, and in some cases in excess of, $100,000 per location to build out fiber high-speed internet to these locations.”
Absolutely— Elon Musk (@elonmusk) October 1, 2024
Interestingly enough, FCC Chairwoman Jessica Rosenworcel also hinted at a conference earlier this year that Starlink has growth far too prolific, and that the satellite internet system needs some competition. As per the FCC Chairwoman, Starlink has “almost two-thirds of the satellites that are in space right now and has a very high portion of internet traffic.” She also noted that “Our economy doesn’t benefit from monopolies. So we’ve got to invite many more space actors in many more companies that can develop constellations and innovations in space.”
Don’t hesitate to contact us with news tips. Just send a message to simon@teslarati.com to give us a heads up.
Tesla has expanded its branded ‘For Business’ Supercharger program that it launched last year, as yet another company is using the platform to attract EV owners to its business and utilize a unique advertising opportunity.
Francis Energy of Oklahoma is launching four Superchargers in Norman, where the University of Oklahoma is located. The Superchargers, which are fitted with branding for Francis Energy, will officially open tomorrow.
It will not be the final Supercharger location that Francis Energy plans to open, the company confirmed to EVWire.
Back in early September, Tesla launched the new “Supercharger for Business” program in an effort to give businesses the ability to offer EV charging at custom rates. It would give their businesses visibility and would also cater to employees or customers.
“Purchase and install Superchargers at your business,” Tesla wrote on a page on its website for the new program. “Superchargers are compatible with all electric vehicles, bringing EV drivers to your business by offering convenient, reliable charging.”
The first site opened in Land O’ Lakes, Florida, which is Northeast of Tampa, as a company called Suncoast launched the Superchargers for local EV owners.
Tesla launches its new branded Supercharger for Business with first active station
The program also does a great job at expanding infrastructure for EV owners, which is something that needs to be done to encourage more people to purchase Teslas and other electric cars.
Francis Energy operates at least 14 EV charging locations in Oklahoma, spanning from Durant to Oklahoma City and nearly everywhere in between. Filings from the company, listed by Supercharge.info, show the company’s plans to convert some of them to Tesla Superchargers, potentially utilizing the new Supercharger for Business program to advertise.
Moving forward, more companies will likely utilize Tesla’s Supercharger for Business program as it presents major advantages in a variety of ways, especially with advertising and creating a place for EV drivers to gain range in their cars.
Tesla Cybercab is perhaps the most highly-anticipated project that the company plans to roll out this year, and as it is undergoing its testing phase in pre-production currently, there are some things to work through with it.
Over the weekend, an image of the Cybercab being loaded onto a tow truck started circulating on the internet, and people began to speculate as to what the issue could be.
Hmmmmmm… https://t.co/L5hWcOXQkb pic.twitter.com/OJBDyHNTMj
— TESLARATI (@Teslarati) January 11, 2026
The Cybercab can clearly be seen with a Police Officer and perhaps the tow truck driver by its side, being loaded onto, or even potentially unloaded from, the truck.
However, it seems unlikely it was being offloaded, as its operation would get it to this point for testing to begin with.
It appears, at first glance, that it needs assistance getting back to wherever it came from; likely Gigafactory Texas or potentially a Bay Area facility.
The Cybercab was also spotted in Buffalo, New York, last week, potentially undergoing cold-weather testing, but it doesn’t appear that’s where this incident took place.
It is important to remember that the Cybercab is currently undergoing some rigorous testing scenarios, which include range tests and routine public road operation. These things help Tesla assess any potential issue the vehicle could run into after it starts routine production and heads to customers, or for the Robotaxi platform operation.
This is not a one-off issue, either. Tesla had some instances with the Semi where it was seen broken down on the side of a highway three years ago. The all-electric Semi has gone on to be successful in its early pilot program, as companies like Frito-Lay and PepsiCo. have had very positive remarks.
The Cybercab’s future is bright, and it is important to note that no vehicle model has ever gone its full life without a breakdown. It happens, it’s a car.
Nevertheless, it is important to note that there has been no official word on what happened with this particular Cybercab unit, but it is crucial to remember that this is the pre-production testing phase, and these things are more constructive than anything.
Tesla analyst Andrew Percoco of Morgan Stanley teased the company’s dominance in its self-driving initiative, stating that its lead over competitors is “not even close.”
Percoco recently overtook coverage of Tesla stock from Adam Jonas, who had covered the company at Morgan Stanley for years. Percoco is handling Tesla now that Jonas is covering embodied AI stocks and no longer automotive.
His first move after grabbing coverage was to adjust the price target from $410 to $425, as well as the rating from ‘Overweight’ to ‘Equal Weight.’
Percoco’s new note regarding Tesla highlights the company’s extensive lead in self-driving and autonomy projects, something that it has plenty of competition in, but has established its prowess over the past few years.
He writes:
“It’s not even close. Tesla continues to lead in autonomous driving, even as Nvidia rolls out new technology aimed at helping other automakers build driverless systems.”
Percoco’s main point regarding Tesla’s advantage is the company’s ability to collect large amounts of training data through its massive fleet, as millions of cars are driving throughout the world and gathering millions of miles of vehicle behavior on the road.
This is the main point that Percoco makes regarding Tesla’s lead in the entire autonomy sector: data is King, and Tesla has the most of it.
One big story that has hit the news over the past week is that of NVIDIA and its own self-driving suite, called Alpamayo. NVIDIA launched this open-source AI program last week, but it differs from Tesla’s in a significant fashion, especially from a hardware perspective, as it plans to use a combination of LiDAR, Radar, and Vision (Cameras) to operate.
Percoco said that NVIDIA’s announcement does not impact Morgan Stanley’s long-term opinions on Tesla and its strength or prowess in self-driving.
NVIDIA CEO Jensen Huang commends Tesla’s Elon Musk for early belief
And, for what it’s worth, NVIDIA CEO Jensen Huang even said some remarkable things about Tesla following the launch of Alpamayo:
“I think the Tesla stack is the most advanced autonomous vehicle stack in the world. I’m fairly certain they were already using end-to-end AI. Whether their AI did reasoning or not is somewhat secondary to that first part.”
Percoco reiterated both the $425 price target and the ‘Equal Weight’ rating on Tesla shares.
Tesla expands its branded ‘For Business’ Superchargers
Tesla Cybercab ‘breakdown’ image likely is not what it seems
