News
Here’s how your Tesla could be affected by AT&T’s 3G network shutdown
AT&T will officially shut down its 3G network today, completing a phase-out of the near-obsolete connectivity as newer, high-speed options are now available. If you own a Model S vehicle built before June 2015, your car may be affected.
AT&T planned to shut down its 3G network as LTE, 4G, and 5G networks offer customers faster speeds. 3G is simply no longer needed. However, customers of other companies who have used AT&T’s 3G network are also affected. This, unfortunately, includes anyone who owns a pre-June 2015 build of the Model S, as its infotainment center needs to be upgraded to be compatible with the newer networks.
In July, Teslarati reported that AT&T’s 3G network shutdown would require a retrofit in any Model S built before June 2015. The retrofit is available for only $200, even though a vehicle affected could be nine years old by this time. Infotainment Upgrades for owners who drive pre-April 2018 versions of the Model S or Model X are eligible to purchase the MCU2 upgrade as well, but it’s available for $2,000 plus tax unless Autopilot Computer 2.0 or 2.5 is installed. For vehicles equipping the Autopilot 2.0 or 2.5 computer, the upgrade is only $1,500.
How to know if your Tesla Model S is affected
Tesla encourages owners to check if their vehicles are affected. “Your vehicle will be affected by AT&T’s 3G network shutdown if it is a Model S vehicle built before June 2015 and has not been upgraded to an LTE-capable modem or purchased Infotainment Upgrade, as these vehicles were not produced with a 4G/LTE capable modem.”
“You can also check your vehicle’s cellular network by looking at the connectivity status bars/icon near the top of the touchscreen. If ‘LTE’ is displayed next to this icon at any time (may require stable cellular connectivity), your vehicle will not be affected by AT&T’s 3G network shutdown,” Tesla said.
Owners can schedule the appointment by going to the Tesla Mobile App. Select ‘Schedule Service’ > ‘Upgrades & Accessories’ > ‘LTE Upgrade.’
The upgrade is needed because the Model S built before June 2015 uses a modem that is 3G compatible. New builds contain LTE-compatible modems that will operate with 4G and 5G networks.
Without upgrading, owners will lose the ability to access the following features unless connected to Wi-Fi:
- Roadside assistance to unlock your vehicle remotely
- Certain mobile app capabilities, including Summon, cabin pre-conditioning, vehicle location, remote unlock, etc.
- Certain Infotainment features, including navigation, maps, live traffic updates, up-to-date Supercharger availability and outage information, online music streaming, and onboard map updates
- Over-the-air updates
AT&T told CNN Business in a statement earlier today, “For nearly two years, we’ve proactively sent numerous communications via direct mail, bill messaging, emails and text messages to help customers transition to next-generation networks before 3G services end on February 22.” AT&T has been provided free replacement phones to many users with a 3G device since 2020.
3G networks launched back in 2002 and were an integral part of the growth of cell phones and wireless communications. Eventually, faster speeds were needed and shutting down the 3G networks globally is part of a larger commitment to re-use 4G and 5G infrastructure, which is more efficient than 3G. Verizon and T-Mobile will also deactivate their 3G networks by the end of the year.
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Investor's Corner
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
Tesla short seller Michael Burry, the subject of the film “The Big Short,” where he was portrayed by Steve Carell, has revealed he has opened a new bet against the stock.
In a new update to his Substack newsletter in a post titled “Trading Post June 30, 2026,” Burry revealed a new set of bets against Tesla, Caterpillar, NVIDIA, Applied Materials Inc., and the iShares Semiconductor ETF.
In regard to Tesla, Burry wrote:
“And finally I shorted Tesla at 416.22. Happy it jumped back to this level.”
This means Burry likely opened his new short position after the company’s recent rally on Wall Street, which saw Tesla shares sink in mid-May, only to recover to well over the $400 mark. Currently, shares trade at around $427.
The company saw a big Tuesday as shares climbed considerably, over 10 percent. The size of the Tesla short was not provided, nor did Burry give any information on the position’s structure, the number of shares, dollar value, or whether options were used in the short.
The Tesla and SpaceX merger everyone is talking about is quietly building
Over the years, Burry has been one of the more vocal critics of Tesla, calling its share price “media inflated,” and saying it was “ridiculously overvalued” as recently as December.
The company has largely transitioned away from being known as an automotive company and instead is much more widely regarded as an AI play, mostly due to its Full Self-Driving efforts, Optimus robot development, and data collection related to both.
This has not pulled those skeptics away from being vocal about their distaste for how Tesla is valued, but there’s no denying that the company is a global force in many things, including sustainable energy, automotive, and AI.
Wedbush Securities is initiating stock coverage on SpaceX (NASDAQ: SPCX), marking the first comments on the company since it went public several weeks ago. Wedbush and its analyst handling coverage, Dan Ives, are widely bullish on fellow Musk company Tesla (NASDAQ: TSLA).
Ives wrote his first note initiating coverage of SpaceX shares on Wednesday with a $190 price target and an ‘Outperform’ rating. The firm believes the company is well positioned off of its IPO because of its wide array of projects, including AI compute power and infrastructure, connectivity projects, and launches.
“We view SpaceX as one of the most differentiated assets within the tech market with a strong footprint across its three core markets, with Starlink driving success with connectivity,” Ives wrote, “Starship launches leading to a demand flywheel and increasing deal flow for its Colossus clusters.”
Elon Musk called it Epic: The full story of SpaceX’s Starship Flight 12
Wedbush leans heavily on Starlink, which they say is the “profitability driver given the strength of its recurring revenue base of ~12 million subscribers as of June 5th.” Ives believes Starlink is still in the “early innings” of penetrating the global telecommunications and broadband market, as it only holds less than a 1 percent share. However, this number is sure to increase over time.
It also highlights the importance of Starship, which it says is an “essential layer” of SpaceX’s overall success. SpaceX developing and displaying the ability to reuse rockets is a major cost and reliability advantage “as it reduces the necessary hardware launch costs while generating a feedback loop for future flights to improve their launch flight rate without accelerating capex spend.”
Finally, SpaceX’s recent AI/Compute projects are also very elementary, Ives writes. It is worth mentioning Wedbush said its $190 price target is derived from a valuation forecast that sees the company yielding roughly $2.48 trillion of implied enterprise value.
There are also some factors that Wedbush did not take into account with its initial coverage. The firm wrote in the note:
“We note that there is optional value coming from Starship’s accelerating scale towards sub-$200/kg unit economics, orbital data centers, and enterprise AI monetization as these factors could drive meaningful upside but these face major hurdles, so we do not take that into account with our valuation.”
SpaceX shares are down just over 2 percent today, trading at around $167 at the time of publication.
Tesla has expanded the footprint of a massive safety feature worldwide with a recent Software Update labeled as 2026.20.6. The expansion of the “Blind Spot Warning While Parked” feature represents the more widespread availability of the feature, which aims to prevent “dooring.”
Dooring is when a driver or passenger opens a car door into the path of an oncoming road user, usually a cyclist or motorcyclist. It is among the most common types of cycling accidents, the League of American Bicyclists says.
For this reason, Tesla created a feature that warns occupants not to open the door because an object is approaching. The feature will sound a chime, and it will also delay the opening of the door to prevent an incident.
The release notes state (via Not a Tesla App):
“If you attempt to open a door while an approaching object is detected in your blind spot (for example, a bicyclist approaching from behind) a chime sounds, and your door will not open upon initial button press. Wait a short time and press the button a second time to override the warning.”
Tesla initially rolled out this feature back in 2024 with the Model 3 “Highland.” However, it remained with the Model 3 exclusively for over a year; that was until Tesla added it to the Cybertruck this past Spring.
Now, it is making its way to the new Model Y, 2021 and newer Model S, and 2021 or newer Model X.
The prevention of dooring incidents could eliminate many injuries to cyclists, especially in an urban setting. Dooring accounts for 10-20 percent of bike-related crashes in major cities, and over 17,000 dooring-related incidents were treated in the U.S. over the course of a decade. These usually involve fractures, contusions, and head trauma.
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
SpaceX gets initial stock coverage from Tesla’s biggest bull
