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Musk’s Boring Co reveals plan to support Hyperloop in published FAQ

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Elon Musk’s plan to integrate Tesla electric sleds traveling through underground tunnels dug by The Boring Company will also include support for vacuum-sealed tunnels used by 600+ mph Hyperloop Pods.

The reveal comes from the company’s newly published Frequently Asked Questions page that does away with introductions and cuts straight to the chase.

“A large network of road tunnels many levels deep would fix congestion in any city, no matter how large it grew (just keep adding levels). The key to making this work is increasing tunneling speed and dropping costs by a factor of 10 or more – this is the goal of The Boring Company. Fast to dig, low cost tunnels would also make Hyperloop adoption viable and enable rapid transit across densely populated regions, enabling travel from New York to Washington DC in less than 30 minutes.” reads the FAQ.

The company isn’t even traveling at a snail’s pace, yet it has big plans to do just that – dig tunnels faster than a snail travels. In this case, resident snail Gary (who lives in a pineapple under the sea) can move at 14 times the speed of a Tunnel Boring Machine (TBM) and represents the target speed for the company’s boring machines.

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The Boring Company’s pet snail named Gary

The Framework for Hyperloop

The FAQ sheet broke news that Musk and the team at The Boring Company, in cooperation with Tesla, are planning to build tunnels that can support multi-payloads including that of a Hyperloop Pod. In addition to enabling travel and transport at much higher speeds, this addition is likely to set the Tesla electric sled platform as the standard track that will be used to support mobility of the Hyperloop Pod.

Certain segments of the underground tunnels will have a vacuum shell, if not the entire track, that will allow the tunnel to be held at vacuum. Long distance travel would likely be performed in tunnels held at vacuum, enabling for higher speeds of travel. This format of local versus long distance is the same used by train systems in Europe that have different trains and tracks depending on train speed and distance of travel.

Converts Internal Combustion Vehicles into EVs

Another upside of the system is that it enables the conversion of internal combustion vehicles into zero emission vehicles. When a traditional petroleum powered vehicle is moved onto an electric sled, it will be moved through a system that emits zero emissions. This eliminates the emissions these vehicles would have emitted if they would had ordinarily travelled by road to their destination.

Many people will take Hyperloop Pods to their destinations due to the lower cost of travel. Logistics companies will also shift payload transportation to the tunnel system due to the lower cost as a result of not having a driver, higher speed and automated control over the load. With all of this traffic moving to the conceptual tunnel-based transportation system, it has the potential to radically slash the amount of transportation related emissions and demand for fossil fuels.

If the petroleum industry wasn’t paying attention to Musk and the impact Tesla may have on automotive related fuel consumption, this announcement is surely the wake up call they needed.

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Earthquake!

Hollywood thrillers over the years have cast subway systems as the perfect set for apocalyptic thrillers where only a muscular hero armed with backpack full of lithium ion batteries, a stick of bubblegum and the copper from the wiring for the lights can save the day.

The truth, it turns out, is much different. The FAQs relay the facts that structural engineers have know for ages – that properly designed tunnels are one of the safest places to be during an earthquake. The tunnels is not subject to surface forces and instead of resisting the movement of the earthquake, moves with the ground.

Dirty Business

When tunneling in the Minecraft video game, the tunnel materializes and the blocks smashed with a pickaxe or sword simply disappear or move into inventory. The real world is unfortunately not so simple, but The Boring Company has plans to make it just a bit more like Minecraft.

Two major challenges with traditional tunneling are the massive amount of earth being displaced by the tunnel and the equally as challenging amount of concrete that is required to seal the circumference of the tunnel. To solve these challenges together, The Boring Company hopes to develop a process for using the resulting soil to produce earthen bricks. These bricks could even be used as a component of the tunnel lining itself or simply sold as a product.

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This is yet another piece of evidence that Tesla truly is attempting to create Minecraft in the real world, reviving the ancient practice of crafting bricks from dirt.

In addition to turning a liability into an asset, this has the potential to drastically cut the amount of concrete used in the production of the tunnels it is constructing. Because of the sheer mass of concrete and the effort required to extract its components, and ship them to the destination, concrete production accounts for a staggering 4.5% of the world’s greenhouse gas emissions. The Boring Company hopes to take a chunk out of those emissions by using bricks where possible in the construction of its tunnels.

Where The Boring Company will go from here is anyone’s guess but this latest update makes it clear that Musk is never willing to settle for the status quo, and always begins working from the ground up – or in this case, from the ground down – when moving into a new business.

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I'm passionate about clean technology, sustainability and life. I've worked in manufacturing, IT, project management and environmental...and enjoy unpacking complex topics in layman's terms. TSLA investor. Find more of my words on my website or follow me on Twitter for all the latest. Tesla Referral link: http://ts.la/kyle623

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SpaceX (SPCX) IPO is live today at $135: Here’s exactly what you need to know

SpaceX priced its historic IPO at $135 per share today, raising a record $75 billion.

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SpaceX officially priced its initial public offering at $135 per share, offering 555,555,555 shares of Class A common stock and raising $75 billion in what is the largest IPO in stock market history. Shares are set to begin trading on the Nasdaq Global Select Market on Friday, June 12, under the ticker symbol SPCX. The previous record holder was Saudi Aramco’s 2019 offering at $29 billion, followed by Alibaba’s $22 billion offering in 2014.

At $135 per share and roughly 555.6 million shares, the implied valuation sits near $1.75 trillion, which would make SpaceX roughly the seventh largest company in the United States, just above Tesla’s current market cap. Regular investors can request shares at the IPO price through Robinhood, Fidelity, Charles Schwab, SoFi, and E*TRADE, though the deal is heavily oversubscribed and most retail allocations will be partial or unfilled. Once trading opens June 12, anyone with a brokerage account can buy SPCX on the open market.

SpaceX’s amended S-1 is sparking a major Tesla merger conversation

 

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The valuation is anchored primarily by Starlink. Starlink crossed 10 million subscribers as of February 2026 and is adding 750,000 to 1.5 million new users per month, with the connectivity segment already posting a $1.19 billion profit last quarter. The offering also bundles in xAI following SpaceX’s all-stock merger earlier this year, adding Grok and the Colossus supercomputer to the investment thesis. As Teslarati reported, Starlink ended 2025 with $10 billion in revenue, a figure analysts project could reach $24 billion by end of 2026.

Wedbush analyst Dan Ives has been vocal in his support. “I think the time is right,” Ives said, adding that the offering expands the Elon Musk ecosystem rather than competing with Tesla. An average 12-month price target of $165 per share represents roughly 22% upside from the IPO price. Not everyone agrees – Motley Fool noted xAI is spending $1 billion per month playing catch-up to OpenAI and Anthropic.

Musk founded SpaceX in 2002 with a single stated purpose. “Elon founded SpaceX with a goal to change humanity, to make us a multi-planet species,” CFO Bret Johnsen said in the company’s retail roadshow video this week. Musk himself has been more direct: “We are building the systems and technologies necessary to provide global connectivity on Earth and beyond, to understand the true nature of the universe, and to extend the light of consciousness to the stars.”

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Tesla unfolded its first European “folding Supercharger”

Tesla’s folding Supercharger just arrived in Europe and it changes how fast charging expands.

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Tesla’s Folding Unit Supercharger has officially landed in Europe, with the company teasing a new installation in its effort for a broader rollout targeting major motorway rest stops across the European continent in Q3 2026. The arrival marks a notable shift in how Tesla is thinking about network expansion, moving from hardware performance alone to engineering the logistics chain itself.

While Tesla did not reveal the exact location for the new folding Supercharger in Europe, the photo shared on X heavily suggests that this maybe somewhere in Norway. Historically, whenever Tesla rolls out an entirely new infrastructure architecture in Europe, whether it was the original Supercharger stalls years ago or these brand-new modular V4 “Folding Units”, Norway is almost always the designated launch pad because of its unmatched EV adoption rate and supportive infrastructure

The Folding Unit, introduced in March 2026, is a factory pre-assembled V4 charging station built on an industrial hinge system mounted to a heavy-duty concrete base. The entire assembly arrives on site ready to unfold and connect. Tesla confirmed the units feature telescopic light poles specifically designed for easy transportation and fast on-site deployment, a detail that signals how carefully the logistics chain has been engineered alongside the hardware itself. The design allows 33% more stalls per delivery truck, cuts installation time roughly in half, and reduces overall deployment costs by more than 20% compared to traditional installations.

Tesla’s newest “Folding V4 Superchargers” are key to its most aggressive expansion yet

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Tesla also noted telescopic light poles which provide benefits over traditional Supercharger installations that require fixed-height poles that are awkward to ship, slow to position on site, and often require separate crews and equipment to erect before charging hardware can even be staged. By engineering poles that compress for transit and extend on arrival, Tesla has removed one of the quieter bottlenecks in the physical deployment process. Every hour saved on a light pole installation is an hour redirected toward getting stalls energized. At scale, across dozens of new sites per quarter, those hours add up to a meaningful acceleration in how quickly a location goes from approved permit to serving its first customer.

Each Folding Unit pairs a single V4 power cabinet with eight charging posts. The V4 cabinet delivers up to 500 kW per stall for passenger vehicles and up to 1.2 MW for the Tesla Semi, supporting twice the stalls per cabinet at three times the power density of its predecessor. Longer cables make every new station immediately usable by non-Tesla vehicles, a priority as Tesla continues opening its network to Ford, GM, Rivian, Hyundai, Stellantis, and others.

As Teslarati reported when the Folding Unit was first unveiled, Tesla’s Gigafactory New York produced its final V3 Supercharger cabinet in March 2026 after more than seven years and 15,000 units, completing a full pivot to V4 production. The European arrival of the folding design is the next chapter in that transition.

Faster and cheaper deployment means Tesla can justify building in markets and corridors that were previously too expensive to serve, filling the coverage gaps that have slowed EV adoption outside major urban centers.

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Tesla stuns with another FSD approval in Europe, its second in two days

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Tesla has stunned by gaining yet another approval for its Full Self-Driving suite in Europe, its second in two days and its fifth overall.

Belgium will be the latest country to allow Tesla owners to utilize FSD on public roads in Europe, joining a quickly growing list that started with the Netherlands, Lithuania, and Estonia.

On Tuesday, Denmark announced its approval of the FSD suite, which has now been followed by Belgium just one day later.

The country’s Minister of Mobility, Annick De Ridder, announced the approval on her X account, stating that she had just signed the approval of Tesla FSD. It now goes to the country’s homologation department for the last step of the approval process.

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The Belgian approval is one of mighty importance because it truly shows how quickly countries in Europe could greenlight the FSD suite consecutively. Approvals are already coming in relatively quickly, which is a great sign.

Perhaps the next big development that could come from FSD approvals in Europe is an approval from a country like England, Italy, France, Spain, or Germany. It would be something to see how FSD would perform in a major European metro, such as London, Barcelona, Madrid, Paris, Rome, or Berlin.

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Full Self-Driving does an excellent job of roaming around major U.S. cities like New York and Los Angeles, but other high-profile international cities of significance would truly mark a line in the sand for Tesla, which can simply enable any vehicle in its customer-owned fleet to run FSD with the correct approvals.

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