Neuralink’s 2022 Show & Tell is about to begin. The event is supposed to update the public on Neuralink’s progress and attract talent to the company.
Teslarati will be closely following the event. Please refresh this page for the latest coverage.
Tesla CEO Elon Musk recently posted about the event and hinted at an exciting update on Neuralink.
In the intro video of Neuralink’s Show and Tell event, Pager the monkey seems to be learning to type words with his mind.
Elon Musk enters the stage and welcomes everyone to the event. Wasting no time at all, Musk dives into Neuralink’s Show and Tell, starting with the company’s goals. Neuralink’s goal is to make a generalized I/O interface for the brain that could help people with debilitating conditions.
Musk hints that some of the topics covered during the event will reach an esoteric level. He reaffirms that Neuralink is confident that its device will help people suffering with brain injuries along the way to bridging the gap between computers and the human brain.
“We are confident that this point we will succeed at solving many brain injury issues spine injury issues along the way,” he said.
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Musk shows a video of Pager playing “Monkey Mind Pong.” The video was released about 18 months ago. The Tesla CEO emphasizes that Neuralink’s device is not outwardly obvious to others.
Pager initially learned to play Pong with a joystick. Neuralink later took the joystick away and had Pager play Pong with his mind though Neuralink’s device.
Human Trials
Musk reminds the audience that going from prototype to production is difficult and has many challenges. Neuralink has been working hard to start human trials. The company has submitted all the papers needed to start human trials to the FDA. Musk estimates that the first Neuralink device could be inside the human brain in 5-6 months.
Elon Musk emphasizes that Neuralink treats its animal subjects with respect. The company does extensive benchmark tests before implanting a Neuralink device into an animal.
Another Neuralink monkey, Sake, is typing with his brain. Sake spelled out the Neuralink event’s welcome tag: “Welcome to show and tell.”
Neuralink Upgradeability
Both Sake and Pager have successfully implanted with Neuralink’s upgraded device.
“Upgradeability is very important because our first production device will be much like an iPhone 1 and pretty sure you would not want an iPhone 1 stuck in your head if the iPhone 14 is available,” Elon Musk.
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Neuralink Application
Elon Musk says that Neuralink can restore vision, even on someone who was born blind. The company is also confident that the Neuralink device can restore full functionality to a severed spinal cord.
Recruitment
“If you have expertise in creating advanced devices, like watches and computers, then your abilities will be of great use in solving these problems,” Musk said.
Neuralink Implant and Surgical Robot
Elon Musk passes the baton to DJ, who has been at Neuralink since the beginning. DJ talks about creating a high bandwidth generalized interface to the brain. He talks about safety, scalability and access to brain regions, the three pillars to get high bandwidth generalized interface to the brain.
DJ talks about the Neuralink implant (the N1) with thin threads N1 implant is about the size of a quarter. It has 1,024 channels that are capable of recording and stimulating.
He also talks about Neuralink’s surgical robot (the R1 Robot) that will help implant the company’s device into the brain. Neuralink does a live demo of the R1 robot at work with dummy patient Alpha.
Neuralink has a double operating room (OR) in Austin. The company plans to establish its own clinic in the future.
“Neuralink’s been working closely with the FDA to get approval to launch its first clinical human trial in the US hopefully in the next 6 months,” noted DJ.
Neuralink Software
Neuralink has been working on improving cursor speed and accuracy since 2021. The speed and accuracy has improved, but Neuralink is still working on improving it. The company is also working on a mouse and keyboard interfaces to work with Neuralink N1.
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Neuralink is training monkeys to write so it can get rid of digital keyboards and increase the typing rate when patients use the N1 implant to write with their minds.
Neuralink N1 Charging
Neuralink has improved the battery of the N1 since its last event. The new charger is uses an Aluminum battery base with 6.78 MHz drive circuit for double the battery life.. Neuralink charges the N1 implant wirelessly.
Neuralink is working on a third generation charger with a bidirectional near field communication.
Neuralink N1 Development
N1 contains a small micro processor. Neuralink conducts hill tests on the N1. Testing became a bottleneck so the team created a new system, allowing it to rapidly test new hardware in the N1 implant, greatly accelerating its development.
Neuralink has developed its own system to rigorously test its implant designs.
R1 Robot Development
Nueralink’s R1 robot will help neurosurgeons implant the N1 chip. As the company continues to improve the R1 robot, it will perform more of the surgery. Neuralink developer, Christine, explained that the R1 robot could make the N1 implant surgery more affordable in the future.
Neuralink Next Generation Application
Dan explains the Neuralink’s potential capability to restore eyesight. Neuralink inserted the N1 into the visual cortex of two monkeys named Code and Dash. By observing Code and Dash, Neuralink can record the receptive fields of their visual fields.
“Our goal will be to turn the lights on for someone who spent decades living in the dark,” said Dan.
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After Dan, Joey comes up to talk about Neuralink’s application for people with severed spinal cords. Neuralink has conducted tests showing that it can stimulate movement in animals through multiple implants: the N1 in the brain and implants in the spinal cord.
Elon Musk comes back on stage joined by the Neuralink team to answer questions.
Question Round
Elon Musk states that Neuralink does plan to provide some of its research and technology to research universities and hospitals after receiving FDA approval.
Musk says that Neuralink would consider open-sourcing its data sets. The company could publish them on its website.
Neuralink is working on making the electrode of the N1 implant smaller to prevent scar tissue and inflammation response.
Elon Musk hints that the N1 chip might be able to detect health conditions or monitor people’s health status in the future.
Neuralink is focusing on improving the longevity of the N1 device’s threads at the moment. However, the company appears determined to continue improving the N1 implant with no end date in sight.
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Neuralink monkeys adapt and learn to utilize the N1 chip fairly quickly.
“Right now we’re just guessing at a lot about what’s going on in the brain. But if you have direct I/O, there’s no more guessing. What we will learn about the brain with such a device–in wide use–is many orders of magnitude than we currently understand,” Musk said, ending the Neuralink event on that note.
Below is the link to the livestream.
In a new note to investors on Tuesday, Morgan Stanley analyst Andrew Percoco said that Tesla has one big financial question to answer for investors regarding its Robotaxi rollout, Full Self-Driving software, and Optimus.
Percoco said in the note that, for the most part, investors are still very positive about the direction the company is headed. However, there are some things the firm would like to see, and they have to do with financials.
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Tesla bulls are more than convinced that the company’s Full Self-Driving software is proof it can develop physical AI. Financially, however, there are still some questions, especially on elevated spending, which CEO Elon Musk said would occur as the company works to roll out Robotaxi faster and continue developing its Optimus robot.
The latter two are where Tesla will have to prove progress to investors, as Percoco writes that both projects “will require clearer evidence that Robotaxi is scaling and more tangible Optimus proof points to support the ROI on elevated capex.”
Percoco said the second quarter earnings call did not change his long-term thesis of where Tesla is positioned in the AI race, which is out in front. However, there are concerns that weaker gross margins and higher R&D spend will stress financials, and that has “sharpened our (and investors’) focus on measurable progress across Robotaxi and Optimus.”
Additionally, Robotaxi still needs to be proven with more operation in existing cities while maintaining safety but improving how many rides it gives in any given time, he said. For Optimus, Percoco wrote that he is “still looking for evidence beyond commentary around SOP.”
Morgan Stanley put Percoco in charge of covering Tesla after long-time analyst Adam Jonas transitioned to the automotive side.
Currently, Morgan Stanley has a $415 price target on Tesla and a ‘Hold’ rating on the stock. It is trading at around $330 at the time of publication, which was 2:30 P.M. on the East Coast.
SpaceX’s massive investment in AI will make it a big winner, Argus Research said after the company’s successful earnings call last week.
The firm also upgraded shares to a Buy from Hold and set a $160 price target.
SpaceX (NASDAQ: SPCX) is currently recovering from its heavy AI infrastructure investments, as it spent nearly $16 billion in Q2 alone. The company did this primarily by monetizing high-demand GPU compute capacity at a much faster pace than traditional data center economics would suggest.
Company CFO Bret Johnsen said that SpaceX would be able to pay back anything on new deployments within a year.
There are plenty of ways the company can do this:
Leasing excess compute capacity through contracts
SpaceX has already built Colossus and Colossus II, largely for its own model training. However, much of that capacity is already rented out to third parties. It already has major deals with Anthropic, Google, and Reflection AI. These partnerships are adding billions per month to SpaceX’s spreadsheet.
High utilization driven by industry-wide scarcity
The demand for advanced AI training and inference capacity continues to exceed what is available for use. SpaceX can fill new racks quickly after they come online, so the capital deployed converts into revenue with minimal idle time.
Additionally, management and outside observers have described the new compute capital as behaving more like a cost-of-goods-sold than traditional multi-year capex, especially because of this rapid monetization pattern.
Capacity has already scaled from ~0.4 GW a year to 1.4 GW annually by the end of Q2. There are targets of more than 2 GW by year-end.
High incremental margins on the rental business once capacity is online
GPU cloud providers often operate at strong gross margins. SpaceX can monetize capacity that was already partially built or can be added efficiently. This means that incremental EBITDA margins on the rental revenue are usually high. This accelerates cash recovery relative to the gross capital outlay.
Parallel monetization of its own AI software and applications
Beyond pure infrastructure rental, SpaceX also generates revenue from Grok through subscriptions and usage, from X through ads, data, and other related services, enterprise APIs, and the planned integration of the Cursor coding tools acquisition.
These application layers ride on the same compute infrastructure and provide additional high-margin streams that could offset build-out costs. AI-segment revenue overall rose sharply to about $2.6 billion in Q2, according to Motley Fool. This was driven primarily by the infrastructure contracts, but the software side is also partially responsible.
Efficient, large-scale deployment and vertical integration advantages
SpaceX has emphasized the rapid construction of power and cooling infrastructure and favorable cost-per-megawatt economics relative to industry benchmarks in some disclosures.
Combined with its ability to scale capacity aggressively and the fact that many contracts start generating revenue within months of capacity coming online, the effective payback compresses dramatically compared with more conventional multi-year data-center projects.
SpaceX’s dominant near-term recovery path will turn the AI clusters into a hyperscale-style compute rental business for other leading AI companies while still using a portion for internal models.
Tesla headlights have caused a recall of over 20,000 of the company’s two most popular vehicles, the Model 3 and Model Y, due to the low-beam bulb exceeding the maximum allowed intensity according to federal standards.
Tesla initiated the recall with the National Highway Traffic Safety Administration (NHTSA) this morning, stating that the low-beam output “exceeds the maximum allowed intensity in the outer upper-right and outer upper-left areas of the 10U and 90U zone, as prescribed in FMVSS No. 108.”
Tesla sourced the impacted headlights from Marelli Automotive Lighting, a Mexico-based company. The recall impacts 2020-2023 Model Y vehicles and 2017-2023 Model 3 vehicles. It is estimated that every VIN in this recall is impacted by the defect.
🚨 Tesla is recalling 20,349 2020-23 Model Y vehicles and 2017-23 Model 3 vehicles due to an excessively bright headlamp low beam.
Currently, there is no remedy plan in place, as it is still being developed. pic.twitter.com/y34cIO2U0B
— TESLARATI (@Teslarati) August 11, 2026
Typically, Tesla would remedy recalls of this nature through an Over-the-Air software update, which has been a major focus of criticism by the company and its supporters because the NHTSA still refers to it as a “recall,” even though it requires no action by the vehicle owner. The fix is shipped over the internet and downloaded to the car.
However, there appears to be a potentially different solution for this problem. Tesla has not developed a remedy for this issue, so it could potentially be on the way. The big issue appears to be the fact that these recalled lamps are out of production, and this is an old body style for both vehicles. The headlights and front-end designs are completely different.
Tesla switched to another supplier when the affected headlight design was discontinued. It plans to begin notifying owners of their remedy options by September 15.
Tesla filed a petition protesting the recall to fix the vehicles’ headlight issue, but the NHTSA denied it. Now, Tesla will come up with a solution to fix it.
Tesla has one big financial question to answer for investors: Morgan Stanley
SpaceX AI investment gamble will make it a big winner, firm says
