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Elon Musk’s Israel visit linked to Tesla’s interest in AI company [Updated]
Reports have emerged that Elon Musk’s recent visit to Israel is connected to Tesla’s rumored upcoming partnership with Cortica, an autonomous AI company based in the country. Cortica’s expertise lies in using artificial intelligence to augment self-driving systems, such as Tesla’s Autopilot 2.0 suite.
Citing unnamed sources, Israeli business news site Globes stated that Musk is currently engaged in talks about a possible collaboration with the AI company. Cortica, after all, is an artificial intelligence company that has managed to take significant steps in the development of refined self-driving software. Since being founded in 2007, Cortica has raised $70 million and filed roughly 200 patents on its autonomous AI technology.
Updated Tuesday @ 10:21am PST: A Tesla spokesperson has denied claims that Musk was in Israel to discuss a company collaboration with Cortica.
This is completely false. Never even heard of Cortica. Just taking my kids on a Spring Break trip to see ancient historical sites in Israel & Jordan.
— Elon Musk (@elonmusk) March 20, 2018
Cortica’s tech is noteworthy since the company designed it to be fully compatible with existing self-driving platforms. In a video presentation of Cortica’s AI posted on YouTube last year, the Israel-based company emphasized how its system could be used by any car maker to augment hardware and software that is already installed on vehicles.
“By translating video to light signature files, the Cortica AI can analyze and understand the vehicle’s surroundings. Its precise perception and sensing platform lets the car fully comprehend its environment. Cortica’s AI software can easily be integrated into existing architecture and operates with very low power consumption. No additional hardware or supercomputer is needed.”
The Israel-based publication further stated that Tesla might be looking to acquire Cortica. Neither Tesla nor Cortica, however, have issued statements about these reports. Considering a previous interview with Cortica CEO Igal Raichelgauz back in December 2017, however, it seems like a partnership with Tesla would be more likely.
“We are looking for strategic partnerships with major players, preferably tier 1, who will give us the ability to implement the technology in products that will be integrated into vehicles,” the Cortica CEO said, according to Globes.
As we noted in a previous report, Tesla has recently rolled out Autopilot 2.0 v.2018.10.4 to rave reviews from Model S and Model X owners. With the latest update, Tesla’s fleet of AP2.0 vehicles exhibited a huge improvement in their capabilities on the road, such as refined lane-keeping, buttery-smooth lane-changing, and the ability to traverse low-visibility roads without any issues. Experiments from Tesla owners have also shown that Autopilot 2.0 v.2018.10.4 could function even with most of the vehicle’s cameras compromised.
These improvements, of course, are primarily due to improvements in Tesla’s AI and neural net, which enables the electric cars to learn and evolve as the number of Teslas on the road increase. Further improvements for Tesla’s AP2.0 are expected to be rolled out in the coming months as well, especially since Tesla is planning on conducting a coast-to-coast autonomous drive within this year.
With the date for Tesla’s planned coast-to-coast drive steadily approaching, a partnership with an autonomous AI company such as Cortica definitely seems like a logical choice for the Elon Musk-led electric car maker. An overview of Cortica’s AI could be viewed below.
Ferrari unveiled its Luce EV over the weekend, and so far, its reception has been an absolute disaster, gathering negative reactions from a wide variety of people, including former executives.
The stock even took a hit on its first day of trading following the unveiling, dropping over 7 percent.
Ferrari moving to EVs from its traditional V12s and mid-engine sports cars is a massive move. It was designed by Sir Jony Ive and Marc Newsom’s LoveFrom studio, which is known for design work for tech giant Apple. “Luce” means “light” in Italian, so Ferrari drew inspiration for its name from its sleek design, characterized by a smooth, sculpted body with rounded edges.
But its reception has been far from what Ferrari expected. The overall design has drawn some harsh criticism since its reveal, and it is simply stunning that such a storied company, with a rich history of beautiful, powerful cars has revealed a design that many are not a fan of.
Ferrari unveiled its all-electric Luce over the weekend, and it has truly gotten some attention…not for the right reasons.
From an Italian legend that has built some beautiful cars in its history, this almost feels like a ploy to inevitably cancel its electric program. pic.twitter.com/rczSSb3pJx
— TESLARATI (@Teslarati) May 26, 2026
Responses to the design were widely negative, with some saying, “Enzo is rolling in his grave,” and “This looks like a Nissan LEAF with a bad body kit.”
Former Ferrari Chairman Luca di Montezemolo said:
“If I said what I really think, I’d harm Ferrari. We’re risking the destruction of a myth, I’m very sorry about that. I hope they at least remove the Prancing Horse from that car.”
🚨 Luca di Montezemolo former Ferrari chairman reacts to the new electric Ferrari Luce:
“I’ve seen the project has already been delayed more than two years. I don’t like commenting from the stands—when I was in the game, it annoyed me when people did that. I think for now the… https://t.co/TzIDxFzHso
— TESLARATI (@Teslarati) May 26, 2026
Ferrari has scaled back EV commitments in the past, primarily in response to weaker-than-expected demand for its electric powertrains.
Priced at roughly $640,000 in the U.S., it is tough to see how this car will ever truly live up to the massive expectations many had for it. It almost feels like, to a certain extent, Ferrari is looking for a way to get out of building EVs.
Tesla unveiled a juicy new detail on the Roadster, its long-delayed supercar project, and additionally hinted at a new unveiling timeline, as it appears yet another month will pass without seeing the capabilities of the vehicle.
Vice President of Vehicle Engineering at Tesla, Lars Moravy, revealed on the Ride the Lightning podcast that the Roadster will be built at Gigafactory Texas, adding that “you’ll start to see a lot of things unfold in the next months.”
While we get a good detail on the plant of manufacture, we also get another letdown, as it appears the unveiling event will not take place in May, as CEO Elon Musk hinted during the Earnings Call.
Franz von Holzhausen revealed in the Ride the Lightning podcast that the Tesla Roadster will be built at Gigafactory Texas https://t.co/t9Bu9k824Q pic.twitter.com/TT01IWJaFD
— TESLARATI (@Teslarati) May 24, 2026
The Roadster was first unveiled back in 2017, alongside the Semi, which entered production earlier this year. It was Tesla’s attempt at a true supercar; it would be rare, expensive, and lightning quick, among other incredible capabilities, like potentially hovering for a short period thanks to a collaboration project with SpaceX.
However, the vehicle was set to be delivered in 2020. Parts and supply chain issues due to the COVID-19 pandemic started these delays, and since then, Tesla, and specifically Musk, have wanted to push the capabilities of the Roadster to somewhere the human mind may not be able to currently comprehend.
Both Chief Designer Franz von Holzhausen and Moravy have said many things about the Roadster over the past few years, hinting that the car truly could be worth the wait. However, the continuous delays we’ve seen have undoubtedly been discouraging.
With that being said, it’s not like Tesla has been doing nothing. Instead, the company has been focusing on revamping current models, phasing out others, and working on developing the cars of the future, specifically, the Cybercab, which entered production at Giga Texas in April.
Despite the Roadster’s delays, there is still a ton of anticipation for the vehicle to be released. It will have a steering wheel, as Musk said it will be “the best of the last of the human-driven cars.”
NASA has filed a procurement notice announcing its intent to add six post-certification missions to SpaceX’s existing Commercial Crew Transportation Capability contract. The agency said it would order up to three of those missions immediately upon adding them to the contract, with the remaining three available as needed through the end of the International Space Station’s planned operations in 2030.
The reason for the expansion is straightforward. NASA cited recently shortened ISS mission durations, technical issues and schedule delays encountered by Boeing, the allocation of missions between Boeing and SpaceX, and the ongoing technical challenges of maintaining a reliable crew transportation capability as the driving factors behind the decision. Boeing’s CST-100 Starliner has still not been certified for crewed flights, and a cargo-only Starliner mission was not included on NASA’s most recent mission manifest. With Boeing effectively sidelined for the foreseeable future, SpaceX is the only American company capable of rotating crews to the station.
The history behind this contract tells the fuller story of how SpaceX got here. NASA originally awarded SpaceX its Commercial Crew contract in 2014 for $2.6 billion. In 2022 NASA modified the contract to add five missions covering Crew-10 through Crew-14, worth $1.436 billion, bringing the total contract value at that point to $4.9 billion. The recent May 18 filing by NASA extends that runway further, with Crew-12 currently docked at the station and Crew-13 assigned and targeting a mid-September 2026 launch.
According to a report by SpaceNews, NASA stated in its filing: “It is necessary to award additional PCMs to SpaceX given the recently shortened ISS mission durations, technical issues and schedule delays encountered by Boeing, the allocation of missions between Boeing and SpaceX, NASA’s projections for when an alternative crew transportation system may become available, and the ongoing technical challenges of maintaining a reliable capability for crewed flights to ISS.”
No dollar value for the new six missions has been publicly confirmed yet, but based on the 2022 precedent of roughly $287 million per mission, the new block could represent close to $1.7 billion in additional contract value. With SpaceX simultaneously preparing Starship as NASA’s Artemis lunar lander, filing its S-1 for a June IPO, and now absorbing more ISS crew rotation work, the company’s role as the primary contractor for American human spaceflight is no longer a matter of circumstance. It is NASA policy.
Ferrari unveils its Luce EV, and its reception has been a disaster
Tesla unveils juicy new detail on the Roadster and hints at new unveil timeline
