Connect with us

News

[Photos] Preparations for Tesla’s Gigafactory event are well underway

Published

on

Tesla Gigafactory event prepartions seen in aerial photo
New event tent, 2,000 parking spaces, and a possible test track are seen from an aerial photo of Tesla Gigafactory 1

New aerial photos obtained by Teslarati show party preparations for Tesla’s upcoming July 29 Gigafactory event are well underway. Photos of Tesla’s $5 billion high-tech battery plant located 20 miles east of Reno, Nevada reveal that the electric automaker turned energy company has perched a large white tent off the main road, rightfully named Electric Avenue, that leads into the Gigafactory.

Several tractor trailers are seen surrounding the tent with a pair of trailers positioned in a way that would suggest cargo was being unloaded into the tent. Taking into account that commercial tractor trailers are generally 53 feet in length, we approximate the tent to be about 210 feet in length and 105 feet wide, or twice the size of a professional NBA basketball court.

 

Also seen in the photos taken on Sunday, July 24 by local flight instructor Josh Mcdonald are roughly 2,000 newly painted parking spaces located directly west of Tesla’s Gigafactory 1. Tesla will be providing valet parking for those driving to Gigafactory 1 via Electric Avenue, but will also have shuttle service departing from downtown Reno to the battery plant. Though Tesla has not disclosed the planned attendance figure for the highly anticipated event, we know CEO Elon Musk isn’t one to shy away from throwing a good party. Both the Tesla ‘D event’ and the Model X unveiling each drew between 4,000 – 6,000 in attendance.

Advertisement

Tesla will also be providing factory tours of Gigafactory 1 as well as “test rides” according to event details outlined on the company’s official invitation to the July 29 party. There’s been speculation that Tesla will be providing event attendees rides in the final version of the Model 3 which completed design late last month.

We know that Musk has said in the past that Tesla will “do the obvious thing” regarding Autopilot on the Model 3. Contrary to Tesla’s current semi-autonomous driving feature which has seen its share of negative press after the first fatality occurred behind the wheel of a Model S on Autopilot, many believe that the obvious thing in this case is a fully autonomous vehicle capable of driving on its own with no human intervention.

Advertisement

Looking at a close up of the area near the white tent, we can see a section leading to a paved road that runs alongside the expansive parking lot, and around the outer perimeter of the factory lot. Zooming into the photo even more and you can see the paved road is painted with very clear lane markings, perhaps to ensure that Autopilot 2.0 sensors have all of the cues needed for a successful demo. What we’re seeing here might in fact be a test track where rides will take place.

Tesla Gigafactory test track

Test rides might be originating from near the white tent and on the paved road surrounding the outer perimeter of the Gigafactory 1 lot.

Musk’s vision for the future includes the use of Tesla’s battery plant as the supplier of li-ion cells for its upcoming fleet of Tesla trucks, semis and home and commercial energy solutions.

Tesla broke ground on its first Gigafactory in June 2014 and is expected to produce 105 gigawatt hours of battery cells when it reaches full production in 2020, and becomes the world’s largest producer and consumer of li-ion battery cells.

The four completed sections of the Gigafactory to date represents only 15% of the overall total size when completed. Josh Mcdonald of Nevada Tailwheel tells us, “Tesla has begun construction on the next phase of the Gigafactory as seen from the newly graded sections with concrete and steel pylons forming the base of the foundation directly to the north and south of the factory”.

We’ve outlined in red a few key areas of the Gigafactory seen from the aerial photo. Among the areas outlined are new sections north and south of the existing building, a helicopter landing zone and the security guard shack on Electric Avenue.

Advertisement

Tesla-Gigafactory-July-24-2016-Labels

Gene has been obsessed with cars since before he could legally sit in the front seat. Writer, researcher, unofficial CS support, accountant, native suit guy when needed, and overall stick poker. He approaches every story the way he approaches a road trip: with too much enthusiasm, not enough planning, and a surprisingly good outcome. gene@teslarati.com

Advertisement
Comments

News

Tesla Model Y becomes first-ever car to reach legendary milestone

Published

on

Credit: Tesla Manufacturing

The Tesla Model Y became the first-ever car to reach a legendary Norwegian milestone, surpassing 100,000 new registrations after gaining a reputation as one of the most popular vehicles in the country and the world.

As of May 20, Norwegian authorities have registered 100,224 units of the electric SUV, according to data from local outlet Opplysningsrådet for veitrafikken (OFV).

By population, roughly one in every 29 passenger cars on Norwegian roads is now a Model Y, underscoring its rapid rise as a national favorite.

Since the first deliveries in August 2021, the Model Y has transformed from a newcomer to a staple in Norwegian traffic.

Advertisement

Tesla back on top as Norway’s EV market surges to 98% share in February

Geir Inge Stokke, the Managing Director of OFV, described the achievement as “remarkable,” noting that few single models have gained such traction so quickly. “Tesla Model Y has hit the Norwegian market spot on, and the numbers illustrate how fast the EV market has developed here,” Stokke said.

The Model Y’s success reflects Norway’s aggressive push toward electrification. Nearly nine out of ten units, 87.6 percent, to be exact, are privately registered, with the remaining 12.4 percent on company plates. Owners span the country, from major cities to smaller municipalities, proving it is no longer just an urban or niche vehicle but a true “people’s car.

Who is Buying Tesla Model Ys in Norway?

Typical Model Y drivers are men in their early 40s. The average registered user age is 44, with 83 percent male and 17 percent female. Stokke noted that household usage often extends beyond the primary registrant, broadening the vehicle’s real-world appeal.

Advertisement

Geographically, adoption concentrates in urban centers with strong charging infrastructure. Oslo leads with 16,861 registrations (16.82 percent of the national total), followed by Bergen (7,450), Bærum (4,313), and Trondheim (4,240).

The top five municipalities—Oslo, Bergen, Bærum, Trondheim, and Asker—account for 35,463 units, or about 35 percent of all Model Ys. Yet the vehicle’s presence outside big cities highlights its broad acceptance.

Growth Trajectory and Popularity

Tesla built a lot of sales momentum in a short amount of time. In 2021, registrations closed out at 8,267, but more than doubled to more than 17,000 units in 2022 and more than 23,000 units in 2023. 2025 was the company’s strongest year yet, as Tesla managed to record 27,621 registrations.

Through 2026, Tesla already has 7,036 registrations.

Advertisement

Tesla’s Global Success with the Model Y

Tesla has tasted so much success with the Model Y; it has been the best-selling car in the world three times, it has dominated EV sales in numerous countries, and contributed to a mass adoption of electric vehicles across the planet.

As Stokke emphasized, the Model Y’s journey from newcomer to icon mirrors Norway’s broader success story. With robust incentives that push sales, excellent infrastructure, and consumer eagerness to transition to sustainable powertrains, the country continues setting global benchmarks in sustainable mobility.

The Tesla Model Y stands as a shining example of how quickly change can happen when conditions align.

Advertisement
Continue Reading

News

SpaceX reveals what Anthropic will pay for massive compute deal

Published

on

Rendering of Elon Musk overlooking a Starship fleet (Credit: Grok)
Rendering of Elon Musk overlooking a Starship fleet (Credit: Grok)

SpaceX has disclosed the full financial details of its groundbreaking agreement with Anthropic, confirming that the AI company will pay $1.25 billion per month for dedicated high-performance computing resources.

The revelation came through SpaceX’s latest securities filing in preparation for its initial public offering, shedding light on one of the largest compute deals in the artificial intelligence sector to date. The prospectus was released last night, as SpaceX is heading toward its IPO.

This arrangement underscores the fierce demand for specialized infrastructure as frontier AI models require unprecedented levels of processing power to train and operate effectively. Industry analysts see the disclosure as a significant milestone, highlighting how top AI labs are locking in massive capacity to stay ahead in a rapidly accelerating field.

For SpaceX, it feels like a massive move that pushes its perception as a company from space exploration to artificial intelligence.

Advertisement

SpaceX is following in Tesla’s footsteps in a way nobody expected

The comprehensive deal grants Anthropic exclusive access to SpaceX’s Colossus clusters, encompassing Colossus I and the substantially expanded Colossus II, which together deliver hundreds of megawatts of power along with more than 200,000 NVIDIA GPUs.

Payments extend through May 2029, totaling nearly $45 billion overall; capacity is scheduled to ramp up during May and June 2026 at an initial discounted rate to facilitate seamless integration. Both companies retain the option to terminate the agreement with ninety days’ notice, so there is definitely some flexibility for both.

This pact not only enhances Anthropic’s ability to scale usage limits for Claude users but also injects substantial recurring revenue into SpaceX, bolstering its expansion into advanced data center operations and future orbital computing initiatives.

Advertisement

Observers describe the collaboration between the two companies as strategically advantageous because it gives Anthropic cutting-edge AI development the opportunity to collaborate with SpaceX’s expertise in rapid, large-scale infrastructure deployment.

This disclosure arrives at a pivotal moment when computing resources have become the primary bottleneck for AI progress.

As leading organizations compete to build more powerful systems, securing reliable, high-density facilities has emerged as a key differentiator.

SpaceX’s sites, such as those in Memphis, offer superior power availability and advanced cooling solutions that set them apart from conventional providers. For Anthropic, the added capacity is expected to deliver tangible improvements, including extended context windows, quicker inference times, and innovative features that appeal to both enterprise clients and individual users.

Advertisement

Looking ahead, the partnership paves the way for ambitious joint projects, including potential space-based AI compute platforms designed to overcome terrestrial limitations on energy and thermal management. Such efforts could redefine sustainable computing at massive scales.

Financially, the deal solidifies SpaceX’s diverse revenue profile ahead of its public market debut, extending beyond traditional aerospace activities. The massive check SpaceX will cash each month opens up the idea that additional

While some experts question the sustainability of these enormous expenditures given ongoing efficiency gains in AI architectures, the commitment reflects a strong belief in sustained demand growth.

The agreement also exemplifies productive synergies across sectors, with aerospace engineering insights optimizing AI hardware performance. As global attention on technology concentration increases, arrangements of this nature may help shape equitable access to critical resources.

Advertisement
Continue Reading

Elon Musk

SpaceX just filed for the IPO everyone was waiting for

SpaceX filed its public S-1, revealing $18.7 billion in revenue and billions in losses.

Published

on

By

SpaceX-Ax-4-mission-iss-launch-date

SpaceX publicly filed its S-1 registration statement with the Securities and Exchange Commission on May 20, 2026, making its financial details available to the public for the first time ahead of what could be the largest IPO in history.

An S-1 is the formal document a company must submit to the SEC before going public. It includes audited financials, risk factors, business descriptions, and how the company plans to use the money it raises. Companies are required to file one before selling shares to the public, and it must be published at least 15 days before the investor roadshow begins. SpaceX had already submitted a confidential draft to the SEC in April, which allowed regulators to review the filing privately before it went public.

The S-1 reveals that SpaceX generated $18.7 billion in consolidated revenue in 2025, driven largely by its Starlink satellite internet division, which posted $11.4 billion in revenue, growing nearly 50% year over year. Despite that growth, the company lost about $4.9 billion in 2025 and has burned through more than $37 billion since its founding.

SpaceX just forced Verizon, AT&T and T-Mobile to team up for the first time in history

Advertisement

A significant portion of those losses trace back to xAI, Elon Musk’s artificial intelligence company, which was recently merged into SpaceX. SpaceX directed roughly 60% of its capital spending in 2025 to its AI division, totaling around $20 billion, yet that division lost billions and grew revenue by only about 22%.

SpaceX plans to list its Class A common stock on Nasdaq under the ticker SPCX, with Goldman Sachs, Morgan Stanley, and Bank of America leading the offering. The dual-class share structure means going public will not meaningfully reduce Musk’s control, as Class B shares he holds carry 10 votes per share compared to one vote for public Class A shares.

The company is targeting a raise of around $75 billion at a valuation of roughly $1.75 trillion, which would make it the largest IPO ever. The investor roadshow is reportedly planned for June 5.

Advertisement
Continue Reading