News
Mars rover to Earth, this red planet has a methane problem
NASA’s Curiosity rover has been exploring an area of Mars called Gale Crater, since landing on the red planet in 2012. It was tasked with assessing the habitability of Mars. What was Mars like in the past? Were the conditions right for life?
Let’s be clear, Curiosity was not equipped with the instruments needed to identify life forms, but it can tell us if conditions were right for life to have survived.
Throughout its time on the red planet, Curiosity has discovered a bit of an enigma: Mars has methane and the abundance changes with the seasons. Big surges of methane can indicate that some sort of biological process is taking place, but that’s not always the case. And it’s not a definitive sign of life.
Methane is a gas produced by one of two methods on Earth: biological and geological. That means that some sort of life form could be producing or perhaps there’s some sort of geological explanation.
This is puzzling to scientists back on Earth because the Martian methane has been detected by ground-based telescopes. But recent orbital data from Mars shows the minuscule amounts of methane are gone.
In fact, the Trace Gas Orbiter (TGO)—a joint European and Russian mission—which launched in 2016 and was designed to sniff-out trace gases, such as methane, says the Martian air is basically methane-free.
But, NASA’s Curiosity rover may have just taken a big step forward in understanding this conundrum.
Curiosity’s detection of methane is nothing new. The six-wheeled rover has detected surges in methane throughout its mission. The most recent occurrence, recorded in June 2019, showed staggeringly high levels of methane—21 ppb (parts per billion). That’s the highest the rover has recorded to date.
Neither TGO nor its counterpart, the Mars Express orbiter, detected any methane at all in June.
TGO has detected minute amounts of methane—around 0.012 ppb—during its first few months of science operations. That’s equivalent to roughly 30 times less than what Curiosity sees. (Mars Express did detect the first methane surge that Curiosity spotted in June 2013.)
Why is there such a discrepancy between ground measurements and orbital data? The Curiosity science team has a few ideas.
First off, there could be some sort of atmospheric process taking place that is scrubbing it out of the atmosphere. Curiosity takes measurements on the ground and detects the methane, while TGO orbits the planet and does not. This means that something happens to it as it travels upwards through the atmosphere.
Another explanation could be atmospheric expansion and contraction. Mars has an atmosphere, albeit an incredibly thin one compared to Earth’s. Every day the heat from the sun causes the atmosphere to expand and contract.
As the atmosphere expands during the day, the methane could become more diffuse. Since Curiosity measure methane at night, when the rover is less busy, it could explain why the methane appears more abundant. That means that the rover is sniffing the atmosphere when its more dense, which means the methane concentration would be greater.
The team plans to take some daytime methane measurements and compare those with orbital data. This will give the team some insights into why the data is so different. Once they have that puzzle solved, they can move onto larger questions, like what generates the methane?
It’s also entirely possible that the gas may have been generated billions of years ago in deep, underground pockets, and it’s just now seeping up through the bedrock. Only time and more measurements can tell.
NASA is sending its next-generation Mars rover to the red planet this July. Dubbed the Mars 2020 rover, the vehicle is a souped-up version of Curiosity. This rover will not only be able to look for biosignatures (or signs of life), it will also bag up samples for a future return to Earth.
Tesla CEO Elon Musk posted a photo of himself standing with the Optimus production team inside Tesla’s Fremont factory, arms crossed amid workers in hard hats and safety vests. The image captures a pivotal industrial shift: the same facility space once dedicated to building Tesla’s flagship Model S sedan and Model X SUV is now home to the company’s humanoid robot manufacturing line.
Walking the Optimus production line in Fremont pic.twitter.com/ABS0tuRibW
— Elon Musk (@elonmusk) July 1, 2026
Tesla’s Fremont Factory, acquired in 2010 from the former NUMMI joint venture between Toyota and GM, has been the company’s original U.S. manufacturing hub since Model S production began in 2012.
The Model X followed soon thereafter. These premium vehicles offered lower annual volumes, recently around 30,000 combined, compared to the high-volume Model 3 and Model Y lines that continue around the site. Over their combined run, the S and X accounted for roughly 610,000 units.
In late January 2026, during Tesla’s Q4 2025 earnings call, Elon Musk announced the end of Model S and Model X production in Q2 2026. The final vehicles rolled off the line in early May. Rather than retooling for another vehicle, Tesla chose to convert the dedicated S/X assembly area into a dedicated Optimus Gen 3 production line.
Model 3 and Y manufacturing remains unaffected. Tesla’s official Fremont Factory page now lists Optimus alongside the 3 and Y as core products.
The conversion was executed with remarkable speed. After production stopped, crews dismantled the existing vehicle line and installed entirely new modular equipment—including lines sourced from Germany and dozens of sub-lines for actuators, batteries, and other components—in roughly four months.
Musk described the timeline as “insanely fast,” noting it would be unprecedented for any other manufacturer. Initial Optimus output is expected to ramp slowly due to the robot’s roughly 10,000 unique parts and the brand-new production processes involved. The Fremont line targets an eventual capacity of 1 million Optimus units per year.
Tesla isn’t joking about building Optimus at an industrial scale: Here we go
Optimus Development Timeline
- August 19, 2021: Optimus (then called Tesla Bot) formally announced at Tesla’s first AI Day. A concept video showed a person in a suit demonstrating the vision for a general-purpose humanoid capable of dangerous, repetitive, or boring tasks using the same AI architecture as Full Self-Driving.
- 2022: Early prototypes displayed. At the second AI Day in September, semi-functional units demonstrated walking across a stage and basic arm movements
- 2023: September videos showed improved capabilities, including sorting colored blocks, precise limb awareness, and holding a Yoda pose.
- 2024-early 2025: Factory integration videos showed Optimus navigating workspaces and handling objects like battery cells.
- January 2026: Gen 3 mass-production activities began at Fremont, with reports of over 1,000 Gen 3 units already operating inside the factory for real-world learning and AI training
- April 2026: Musk confirms Optimus production on converted Fremont line would begin in late July or August 2026. The Gen 3 reveal, originally eyed for Q1, was pushed closer to production start. A second, much larger Optimus factory at Giga Texas is under construction, with volume production targeted for Summer 2027 and long-term capacity of 10 million units annually
- July 1, 2026: Musk’s on-site visit and team photo confirm the Optimus line is operational and the transition is actively progressing
Tesla positions Optimus as potentially its largest project ever, leveraging vertical integration, AI expertise, and car-like manufacturing know-how to scale humanoid robots first for its own factories and later for broader industrial and consumer use.
The Fremont conversion serves as a critical proving ground for this ambitious new chapter in Tesla’s already-rich history.
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 Optimus project fires up as Musk sees production line progress
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
