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What We Know About the Tesla Model 3 and What We Don’t

We have some idea about the size and features of the upcoming Tesla Model III. What we don’t know is what it will look like or how much it will cost.

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Stumpf Studios Tesla Model 3 design concept

Tesla has been tight lipped about the Model 3 that is in the works. Elon Musk says it won’t look like any other car on the road, but what does that mean? Will it have 6 wheels or a raised seating platform so drivers can look down on the other, more mundane cars on the road? For guidance, we need to look at the words of Elon Musk himself.

Here’s what we know about the Tesla Model 3:

1. The Model 3 will be about 20% smaller than the Model S, says Musk. But in typical faction, he adds a hook to that statement. “One easy thing to do would be to make a 20 percent smaller Model S. That would be easy to do, but I think we might be able to do a few more interesting things than just that.”

2. It will probably be powered by the smaller of the two motors currently used by the Model S. “That smaller drive unit in many ways is a precursor for the Model 3. Because it represents a significant improvement in cost, and in steady state power, and a number of other factors. It’s a second generation motor, essentially, and that’s a good pathfinder for Model 3 on the powertrain side.”

Tesla Model 3 design concept by Stumpf Studio

Tesla Model 3 design concept by Stumpf Studio

3. It will have two separate versions, but not right away. “There are things we could do with the Model 3 platform that are really adventurous but would put the schedule at risk. So what we’re going to do is have something that’s going to be an amazing car, but it won’t be the most adventurous version the Model 3 to begin with. But we will then have the more different version of the Model 3, on the Model 3 platform, following the initial version.”

RELATED >>> Affordable Tesla Model 3 will utilize steel construction

4. It will arrive on time. Tesla seems to have learned from the on again/off again scheduling of the Model X that it is important to get this car to market when promised. A concept version of the Model 3 is expected to appear early in 2016. “We don’t want the delays that affected the X to affect the Model 3. We’re really being quite conscientious about this.”

Here’s what we don’t know:

1. What will the Model 3 look like? Stumpf Studio has released some design studies that may — or may not — offer clues to the appearance of the Model 3. Auto Moto has also floated its notion of what the Tesla Model 3 might look like on the internet. Bear in mind that neither are officially sanctioned by Tesla, even though the Stumpf Studios efforts include the official company logo. The Auto Moto concept incorporates some of the design language of the latest Jaguar F Type coupe, especially at the rear.

The one thing everyone seems to agree on is that the car will be a hatchback. Partly that’s because the Model S and the Model X have hatches and partly that’s because a a smaller car almost begs for a hatch in order to allow families to fit all their stuff inside.

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Tesla Model 3 compact rendition

One enthusiast’s rendition of what a Tesla Model 3 compact may look like. (Source: Autoevolution.com)

2. How much will the Model 3 cost? Elon Musk has said that Tesla will be selling “millions” of cars in a few years. But it won’t be selling millions of its Model S cars, despite the fact that the Model S is a wonderful automobile. Tesla needs a moderately priced car if it hopes to become a volume seller.

As far as anyone knows, the Model 3 is the car that will make Tesla a leader in the car business. That means getting the pricing right is critical to the company’s future. It is widely believed that the Model 3 will have about 200 miles of range and sell for around $35,000 after all federal and state incentives. But is that realistic?

One skeptic, Menahem Anderman, predicts Tesla will have to charge at least $50,000 for the Model 3 in order to make money. Anderman is not some flake. He has organized the Advanced Automotive Batteries Conference for almost two decades now.

3. When will it arrive? There are rumors that a concept car will appear in the spring of 2016, with production beginning sometime in 2017. But Elon Musk, despite his many good qualities, has always been overly optimistic about when Tesla products will be market ready. The Model S was almost two years late arriving and the Model X has had numerous delays.

How accurate is that “sometime in 2017” prediction for the Model 3? That’s anybody’s guess. One thing is for certain, though. The Model 3 will probably not feature anything resembling the “falcon wing” doors that are the trademark of the Model X.

Source: CleanTechnica

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Elon Musk’s next Uranium in Uranus merch is Boring Company’s weirdest tease yet

Elon Musk teased a glowing new Boring Company merch idea, complete with a Geiger counter.

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Concept rendering of Boring Company Uranium in Uranus merch tease via Grok
Concept rendering of Boring Company Uranium in Uranus merch tease via Grok

Elon Musk teased the next piece of Boring Company merchandise on X Saturday, and it is exactly as unserious as fans of the company’s product history have come to expect. “The next @boringcompany merch will put Uranium in Uranus,” Musk wrote in a thread posted early Saturday morning. He followed up by explaining that the item would glow in the dark, “because otherwise how could you find it,” and that a Geiger counter would be sold separately as “an optional strap-on.”

Musk closed the thread with a line that doubles as a mission statement for the tunneling company’s merchandise arm: “It’s not easy coming up with something that is both outrageously unsellable and yet extremely popular.”

The Boring Company has built a small but consistent side business out of novelty items that start as jokes and end up selling out. The company’s Not-a-Flamethrower raised roughly $10 million in a few days back in 2018, moving all 20,000 units it produced. Its Burnt Hair perfume, priced around $100 a bottle, sold out fast enough that scalpers were flipping units on eBay for ten times the retail price. Boring Bricks, made from tunneling spoil, followed the same playbook of teasing a product on X months before it became real.

Musk has not said what the actual item will be, only that it involves uranium and glows in the dark. Given the pattern, that vagueness is probably intentional. Past merch announcements have started as one-line jokes and taken weeks or months to turn into an actual product listing on the company’s site, and there is no guarantee this one follows through at all.

The timing lines up with a period of real momentum for the Boring Company outside of the joke merchandise. The company said last week it plans to double the number of operational stations on its Vegas Loop by the end of the year, a target tied to a hiring push for drivers and operations managers. Prufrock-5, one of the company’s tunnel boring machines, also just wrapped a test tunnel in Bastrop, Texas, and is expected to relaunch on its next assignment in November.

Whether the uranium joke turns into an actual product remains to be seen. Musk’s post did not include a price, a shipping date, or even a name for the item, which has historically meant a Boring Company website page goes up quietly, password protected, sometime before an announcement.

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NASA taps SpaceX for more astronaut missions as Boeing Starliner remains grounded

NASA just gave SpaceX a $946 million contract for three more astronaut missions through 2030.

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NASA has awarded SpaceX a $946 million contract modification covering three more astronaut missions to the International Space Station, according to an announcement the agency published Friday. The award adds Crew-15, Crew-16, and Crew-17 to SpaceX’s existing Commercial Crew Transportation Capability contract, bringing the agreement’s total value to $5.92 billion across 17 flights.

SpaceX confirmed the award on X, writing that it was excited for Falcon 9 and Dragon to launch NASA’s Crew-15, 16, and 17 missions to the Space Station from Florida. The new missions cover ground, launch, in orbit, and return operations, along with cargo transport and a lifeboat capability while docked at the station, and the period of performance runs through 2030.

The award follows a notice of intent NASA issued in May, when the agency first signaled it would purchase up to six additional post certification missions from SpaceX. Teslarati covered that filing at the time, noting NASA cited technical issues and schedule delays encountered by Boeing as a driving factor. Friday’s contract modification locks in three of those six missions, with the remaining three left open for NASA to award later, potentially to Boeing if Starliner clears certification.

Boeing’s CST-100 Starliner has still not flown an operational crew rotation mission for NASA. The spacecraft’s most recent crewed test flight in 2024 ended without the astronauts returning aboard Starliner, and the company has spent the time since working through thruster problems. SpaceX President Gwynne Shotwell said this week that SpaceX is not retiring Crew Dragon today, for sure, while stopping short of committing to fly it past 2030.

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Crew-12 is currently docked at the space station, and NASA has said Crew-13 is targeting a launch in the coming weeks. The newly awarded Crew-15 through Crew-17 missions extend SpaceX’s role as NASA’s primary way of getting astronauts to and from orbit well into the back half of the decade, regardless of what happens with Starliner or Starship in the meantime.

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Investor's Corner

New drone video shows Tesla’s Optimus Factory reaching a turning point

New drone footage shows Tesla’s dedicated Optimus factory steel frame nearing completion at Giga Texas.

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Tesla’s dedicated Optimus factory at Gigafactory Texas is closing in on a finished steel frame, according to drone footage posted Thursday afternoon by longtime site observer Joe Tegtmeyer. In the video, Tegtmeyer said structural steel assembly is now about five column grids away from reaching the building’s north perimeter beam, putting the primary skeleton in its final stretch roughly six months after Tesla broke ground on the North Campus site in late March.

Tegtmeyer’s footage shows concrete already going in on three upper floors while crews continue laying rebar and pouring grade beam footings at ground level. That kind of parallel work, steel rising at one end of the site while concrete sets at the other, is a scheduling approach Tesla used at the original Giga Texas building and appears to be repeating here to save time before the plant’s targeted 2027 production start.

Teslarati has tracked the building’s progress since Tesla confirmed construction was officially underway in May, when the first steel structure went up on what was then bare, reclaimed land. The facility is part of a more than 5.2 million square foot expansion of Giga Texas’s North Campus that Tesla has said will eventually run nearly the length of the existing vehicle factory, over 4,000 feet, while sitting somewhat narrower. Musk has pegged the long term output target at 10 million Optimus units a year once the line is running at full capacity, a volume that would dwarf the one million unit pilot line Tesla is standing up separately at its Fremont, California factory.

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Tesla Giga Texas to feature massive Optimus V4 production line

The Texas facility sits alongside another major buildout on the same campus. Terafab, the joint Tesla and SpaceX chip fabrication plant that will eventually supply the silicon running Optimus units in the field. Housing robot assembly and chip production on the same grounds is a deliberate supply chain decision, cutting down on the shipping and lead time that would otherwise sit between the two.

Tesla has not given an updated timeline beyond its previously stated goal of bringing high volume Optimus production online at the site in the summer of 2027. Fremont’s smaller pilot line began mass producing the current Gen 3 robot in January, with that plant expected to build tens of thousands of units this year primarily to generate the real world data Tesla needs to refine the robot’s software before Giga Texas ramps up. Six months of visible construction progress, tracked almost entirely through Tegtmeyer’s recurring drone flights, gives the clearest outside look yet at how seriously Tesla is treating that 2027 deadline.

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