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Elon Musk and Israel in discussions about Boring Company transport project

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Elon Musk’s tunnel digging technology developed by The Boring Company is being eyed by Israel as a potential solution to the country’s traffic and public transportation woes. Israeli Prime Minister Benjamin Netanyahu revealed at a recent campaign event that his government was in talks with the serial entrepreneur about tapping into Boring’s tunneling solutions to address infrastructure concerns.

“I met a man that they call Elon Musk — have you heard of him? A real genius,” Netanyahu said, as published in a report by Bloomberg. ““Right now we’re in conversation with him to see if we can tunnel the State of Israel.” The two men’s discussion took place at the Prime Minister’s residence over a breakfast.

Tel Aviv suffers from one of the world’s most congested traffic situations. | Credit: Pixabay

Israel’s population growth has outpaced its infrastructure development thanks to an immigration influx and a surge in economic growth over the last two decades. Its small geographic area – about 290 miles long and 85 miles across at its widest – requires innovative solutions that take its space limitations into account when it comes to transportation solutions.

Several underground rail projects are underway in Israel; however, only one subway system is currently running in the country. It will remain that way until the planned Tel Aviv Light Rail lines become operational, the earliest planned for 2021 to the tune of $3 billion dollars for 14 miles of line. When compared to The Boring Company’s prior expenditure of only $10 million per mile of tunnel, it’s perhaps understandable why Israel would be interested in Musk’s improved digging technology.

A Tesla Model S inside a Boring Co. tunnel. [Credit: Elon Musk/Instagram]

Although the Boring Company hasn’t captured many headlines since its Monty Python watchtower days since its Hawthorne test tunnel completion, interest in the developed technology hasn’t waned with those who could benefit from its potential. In Las Vegas, a proposed two-mile transport line to be constructed by Musk’s company was recently approved by the city’s Convention and Visitors Authority board of directors. As planned, a series of underground tunnels will be dug by Boring, encompassing the local convention center and possibly expand to the McCarran International Airport. The estimated cost is between $35 and $55 million, and its completion set for the end of 2019, according to Musk.

The Boring Company’s planned high-speed transit tunnel connecting O’Hare International Airport with downtown Chicago is also still in the works despite criticism from local officials. Musk has estimated a cost of around $1 billion for the 18-mile project, none of which will be a taxpayer burden due to private investment. These private funding plans are a big source of skepticism surrounding Musk’s tunneling project, but enough support within Chicago’s government remains to continue moving forward.

The Hawthorne test tunnel, debuted on December 18th last year with fanfare and test rides, was constructed using a conventional tunnel boring machine (TBM) nicknamed Godot. The next iteration of Boring’s machines, an upgraded hybrid TBM named Line-Storm, will be operational any day now, according to Musk via Twitter. “Maybe active in a month or so. Focus right now is getting to high speed, tight follow distance in test tunnel,” he tweeted in reply to a status inquiry about Line-Storm at the end of February this year.

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The Boring Company’s Urban Loop pod concept. [Credit: The Boring Company]

Line-Storm is estimated to be twice as fast as Gadot and will be succeeded by the all-electric Prufrock, a TBM being completely designed and built by The Boring Company. Prufrock will be 10-15x faster than than conventional machines, plus meet the energy and environmental standards driving all of Musk’s companies by having zero emissions.

Just as with Tesla’s Full Self-Driving technology, though, The Boring Company’s projects face regulatory hurdles and pushback that will likely be a determining factor in whether or not its many projects succeed. It remains to be seen whether Israel will have the same legal obstacles if its Prime Minister’s discussions with Musk manifest into any solid agreements.

Accidental computer geek, fascinated by most history and the multiplanetary future on its way. Quite keen on the democratization of space. | It's pronounced day-sha, but I answer to almost any variation thereof.

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Tesla Q2 2025 earnings: What Wall Street expects

The company has faced mounting pressure this year, with TSLA stock down 19% year-to-date.

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Credit: Tesla Asia/X

Tesla (NASDAQ:TSLA) is set to release its second-quarter 2025 financial results after markets close on Wednesday, July 23. The company has faced mounting pressure this year, with TSLA stock down about 19% year-to-date. 

What Wall Street expects

As noted in a TipRanks report, Wall Street has remained cautious about the electric vehicle maker due to concerns about the EV segment in general, competition, reduced margins, federal EV regulations, and CEO Elon Musk’s political activities. 

Overall, Wall Street expects Tesla to post earnings per share of $0.39, down 25% from a year ago. Tesla’s revenue is forecasted to fall 13% to $22.19 billion, and analysts also expect the electric vehicle maker to post lower margins this quarter.

Analyst expectations

Tesla delivered approximately 384,120 vehicles in Q2, a 13.5% drop year-over-year, as per Main Street Data. The company also produced over 410,000 vehicles and deployed 9.6 GWh of energy storage products during the quarter. 

Ahead of the earnings call, Cantor Fitzgerald analyst Andres Sheppard reiterated a Buy rating and a $335 per share price target. He also adjusted his Q2 revenue forecast to $21 billion, down from his previous estimate of $24.1 billion. Despite short-term softness, Sheppard maintained his 2025 and 2026 projections, citing confidence in Tesla’s high-margin Robotaxi business model.

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Barclays analyst Dan Levy kept a Hold rating with a $275 price target. He stated that the company faces “increasingly weaker fundamentals,” but he also suggested that Tesla’s Robotaxi story could drive optimism. Levy expects modest gross margin improvement quarter-over-quarter and flagged the full-year EPS estimate drop from $3.20 to $1.84. Delays in launching the affordable Tesla model remain a downside risk, Levy noted.

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Tesla expands FSD Transfer offer to Europe and the Middle East

Tesla’s FSD transfer offer has long been used as a quarterly sales lever in North America.

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Credit: Tesla Europe & Middle East/X

Tesla has extended its Full Self-Driving (FSD) transfer promotion beyond North America, opening the door for owners in Europe and the Middle East to carry over their existing FSD systems to a new vehicle. 

The move comes days after Elon Musk acknowledged a user’s request for FSD transfers in Europe on X, which the CEO called a “fair” ask. Tesla Europe later confirmed the offer via its official X account.

FSD transfers reaching new markets

FSD transfers have been used as a quarterly sales lever in North America, with its most recent availability in April 2025, as noted in a Not a Tesla App report. While this incentive had remained exclusive to the U.S. and Canada, Tesla’s latest announcement marks the first time the program has been rolled out internationally. 

Interestingly enough, the offer hasn’t yet been extended to other FSD-enabled regions like China. This suggests that Tesla may be prioritizing markets where regulatory approval for FSD remains pending. European Tesla owners, after all, have been waiting literal years for FSD to be rolled out into their countries. 

How the program works

The process for FSD transfers is straightforward. Existing Tesla owners with FSD must place a new vehicle order and complete delivery during the active promotion period. During checkout, customers are instructed not to add FSD to the new car. Instead, they must notify a Tesla advisor of their intent to transfer their existing vehicle’s FSD. 

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On delivery day, FSD will be deactivated on the old vehicle and activated on the new one. Customers are not required to trade in or sell their original Tesla that had FSD, though once the license is moved, the old vehicle reverts to just Basic Autopilot features.

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Tesla Q2 2025 vehicle safety report proves FSD makes driving almost 10X safer

Tesla released its most recent vehicle safety data on its official website.

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Credit: @BLKMDL3/X

Tesla has released its most recent vehicle safety report, reiterating the idea that Autopilot and systems like Full Self Driving (FSD) are really the company’s best safety features.

Tesla released its most recent vehicle safety data on its official website. 

Tesla’s Q2 2025 safety statistics

As per the electric vehicle maker’s Q2 2025 report, the company recorded one crash for every 6.69 million miles driven for vehicles that were using Autopilot technology. In comparison, data from the NHTSA and FHWA listed one automobile crash every 702,000 million miles.

“In the 2nd quarter, we recorded one crash for every 6.69 million miles driven in which drivers were using Autopilot technology. For drivers who were not using Autopilot technology, we recorded one crash for every 963,000 miles driven. By comparison, the most recent data available from NHTSA and FHWA (from 2023) shows that in the United States there was an automobile crash approximately every 702,000 miles,” Tesla wrote in its report.

FSD as a safety feature

Elon Musk has always maintained that FSD is the company’s biggest safety feature. This is no exaggeration, as the system allows vehicles to operate vehicles without human intervention. Tesla is currently proving this in Austin, where it operates the pilot program for its dedicated self-driving Robotaxi service. Customers who have used Tesla’s Robotaxi service in Austin have noted that the vehicles operate in a manner that is akin to a confident and cautious driver.

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An underrated advantage of Tesla’s FSD system is the fact that it does not get tired, nor does it ever operate the vehicle while intoxicated. It never gets distracted either. These advantages may seem minor, but they go a long way towards making Teslas the safest vehicles on the road today.

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