Connect with us

News

Elon Musk offers Tesla Powerpacks, Boring Co. tech to help rescue stranded soccer team in Thailand

Published

on

In a recent update on Twitter, Tesla CEO Elon Musk offered to lend a hand to the ongoing rescue efforts for the stranded soccer team in Thailand. According to Musk, technology from the Boring Company and Tesla could help rescuers retrieve the 12 young players and their coach from the depths of the Tham Luang Nang Non cave complex.

Elon Musk’s offer to help in the rescue efforts for the young soccer team came as a response to one of his followers on Twitter. Musk initially stated that he would be happy to help if he is able, but earlier today, the Tesla and SpaceX CEO offered a concrete way to assist in the rescue operations.

The members of the Wild Boar soccer team had been trapped inside the cave complex since June 23, after the group got stranded in an air pocket inside the caverns due to flooding in the area. The team’s plight has captured attention worldwide, and this Monday, the 12 boys, aged 11-15, as well as their 25-year-old coach, received their first dose of good news when two British divers found them in a cavern 2.5 miles away from the entrance of the caves. Thai Navy SEAL divers, including a doctor and a nurse, opted to stay with the soccer team on Tuesday, providing them with food and other supplies.

As noted in a recent report from The Guardian, there are currently three plans being considered for the group’s rescue. The first plan involves teaching the children and their coach how to dive, the second involves draining the tunnels to adequately lower the water levels, and the third involves drilling into the caves to create a way out for the stranded soccer team. If Musk’s tweet is any indication, the Boring Company and Tesla can provide support for the third and second plans.

Advertisement
-

The Boring Company, after all, specializes in tunneling and drilling underground. As noted by Musk, the tunneling startup’s digging equipment and ground-penetrating radar could be of use when drilling into the caves. Government officials have expressed reservations for this plan, however, considering that the boys are located 800m-1km below the surface. An attempt to drain the caves has already started as well, and as noted by Musk in his tweet, Tesla Powerpack batteries could be hooked up to stronger pumps in order to help lower the water levels in the caverns faster. 

Considering the risks brought about by the monsoon season, however, the Thai government is preparing to send up to four months’ worth of supplies to the stranded soccer team, in the event that rescue efforts fail and they have to stay in the caves for the long run. 

Tesla is no stranger to humanitarian efforts. Even until today, Tesla is still in the process of helping Puerto Rico get back on its feet after the island nation was ravaged by Hurricane Maria last year. In a recent update, Musk noted that there are currently 11,000 projects ongoing in Puerto Rico today. Over in Australia, Tesla is also laying the foundations of what could become a virtual power plant comprised of 50,000 low-income households fitted with solar panels and Tesla Powerwall 2 batteries.

Simon is an experienced automotive reporter with a passion for electric cars and clean energy. Fascinated by the world envisioned by Elon Musk, he hopes to make it to Mars (at least as a tourist) someday. For stories or tips--or even to just say a simple hello--send a message to his email, simon@teslarati.com or his handle on X, @ResidentSponge.

Advertisement
Comments

Elon Musk

Tesla buyers are buying for Full Self-Driving and not for the car, data shows

Published

on

(Credit: Tesla)

Tesla Full Self-Driving (Supervised) showed a record attach rate at delivery for new vehicles in the third quarter of 2026.

75 percent of new vehicle deliveries in North America included a subscription to FSD software, up from 55 percent in the prior quarter, a 20-percentage-point sequential gain in the company’s most mature market.

Tesla Q3 2026 Earnings results: in-line revenues, slight beat on EPS

Tesla shed light on the Q3 Shareholder Deck that 75 percent of new deliveries came with an FSD subscription:

“FSD (Supervised)⁴ attach rate continued to grow, reaching over 75% of new vehicle deliveries in North America – our most mature market – a nearly twenty percentage point sequential increase. We believe that FSD is driving demand in markets where it is available, and we continue to work with regulators to get it approved in other markets. “

The higher attach rate accompanied strong growth in the overall FSD consumer base, as active subscriptions rose to 1.75 million, a 67 percent year-over-year increase. For the first time, more than half of paid customers are on the monthly subscription, which is priced at $99 per month in the U.S.

Advertisement
-

The transition to subscriptions has accelerated since Tesla discontinued the one-time purchase option in most markets earlier this year. The recurring model improves revenue visibility and margins compared with large upfront payments. With three-quarters of North American deliveries now including FSD, the software is now an evidently large contributor to Tesla’s economics and ancillary revenue.

Geographic expansion remains important for further gains. FSD is now available in nine countries in the EU, and more than 100,000 customers have driven over 160 million kilometers. Tesla is pursuing broader EU-wide approval, with a related vote expected in December. Similar progress in additional markets could support higher attach rates beyond North America.

These results came as Tesla had a strong quarterly delivery performance of 486,532 vehicles in the quarter, which came with its largest passenger-vehicle backlog in four years. Battery supply continued to limit volume, but the company has pointed to FSD as a clear difference-maker that is helping sustain demand. As supervised capabilities improve, the attach rate will likely continue to improve.

At face value, it is a key measure of how Tesla is converting sales into autonomy progress.

Advertisement
-

Continue Reading

News

Tesla Cybercab gets a for sale date at last

Published

on

Credit: Tesla

Update: 10/22 10:51a – Para 1 consumers changed to “customers” for accuracy.

Tesla Cybercab units finally got a definitive date for when they will be able to be purchased by customers, ending speculation regarding whether the fully autonomous vehicle would be available in the near term.

During Tesla’s third-quarter 2026 earnings call on October 21, Vice President of Engineering Lars Moravy said the company is aiming to begin delivering its purpose-built Cybercab robotaxi to customers before year-end.

Advertisement
-

“We’re trying to get Cybercabs to customers by the end of this year, 2026,” Moravy said. He added that production is underway on the line at Gigafactory Texas, but “all of those are currently going to our own internal Robotaxi fleet.”

Moravy explained that as operations scale, Tesla will “mainly deliver fully designed autonomous vehicles to our customers,” with the Cybercab as the first such vehicle. Initial customer deliveries will start small while the company gains experience with delivery logistics, ownership models, fleet management, and operating autonomous vehicles outside its direct control.

CEO Elon Musk reinforced the limited nature of private sales, describing the Cybercab primarily as a “transport-as-a-service” offering rather than a personal ownership vehicle like the Model 3, Model Y, or upcoming Roadster. “The vast majority of the Cybercab stuff will be Tesla-owned and transport-as-a-service,” Musk said.

The Cybercab is a two-seater vehicle developed by Tesla without a steering wheel or pedals. It relies completely on Tesla’s Full Self-Driving suite and has been in production since February. Early units have been put in Tesla’s Robotaxi service as of early September, when the company launched rides to the public. Tesla previously indicated it would aim to sell Cybercabs for about $30,000.

Unsupervised Full Self-Driving is expected to ship to consumer cars during Q2 2027, Ashok Elluswamy, Tesla’s Head of AI, indicated during the call. Early buyers or fleet operators may receive vehicles whose autonomous operation remains geographically restricted due to lagging regulatory agencies. There are some hurdles that remain ahead of Cybercab deliveries.

Advertisement
-
Continue Reading

Elon Musk

Tesla Q3 2026 Earnings results: in-line revenues, slight beat on EPS

Published

on

Tesla (NASDAQ: TSLA) reported its earnings for the third quarter of 2026, marking a reasonable performance on the various financial metrics. Tesla still plans to hold a call that will field investor questions at 5:30 p.m. ET, 4:30 p.m. CT.

Here’s where Earnings came in:

  • Total Revenues: $28.046 reported vs. $28.34B expected
  • Non-GAAP EPS: $0.48 reported vs. $0.45 expected
  • Operating Margin: 2.6 % reported vs. 2.5% expected
  • Operating Income: $718M reported vs. $721M expected
  • Free Cash Flow: $1.531B reported vs. ~-$4.51B expected

Major Takeaways

Full Self-Driving (Supervised)

“FSD (Supervised)⁴ attach rate continued to grow, reaching over 75% of new vehicle deliveries in North America – our most mature market – a nearly twenty percentage point sequential increase. We believe that FSD is driving demand in markets where it is available, and we continue to work with regulators to get it approved in other markets.”

Advertisement
-

Tesla Semi

“We began volume production of Tesla Semi, our Class 8 heavy-duty truck. The top variant can go 500 miles at full 82,000 lbs gross combination weight while achieving an efficiency of 1.7 kWh/mile. That efficiency allows the Tesla Semi to use a third of the energy used by a comparable diesel truck to haul the same payload. In a transportation market where energy is one of the largest components of total cost per mile, this will provide a meaningful advantage to Tesla Semi operators.”

SI Compute

“We plan to reach 400 MW of SI training compute by the end of the year, supporting the development of both vehicle and humanoid robot autonomy software. Additionally, we continued construction for the Austin Fab, where we plan to start commissioning equipment in 2027.”

Robotaxi

“We began deployment of Cybercab into our Robotaxi fleet in Austin. We reached nearly two million cumulative unsupervised miles for our Robotaxi service as of the end of the quarter. Operating hours in Austin are now 6am to midnight, and we expect to reduce wait times via increased fleet supply and improvement of Robotaxi orchestration algorithms. Grok is available in Cybercab with access to Grok Bot and Connectors, which allows users to manage their inbox, calendars, files, chats and tasks – all hands free via voice command – making Cybercab a mode of transport, a productivity space and, with our entertainment options, a second living room.”

Interested in ordering a Tesla? Use my referral code for three free months of Full Self-Driving (Supervised) here.

Continue Reading