News
Questions About Model X Pricing Continue To Swirl
Elon Musk spoke about Model X pricing at a Vanity Fair conference on October 7. He said a less expensive model would begin at around $75,000 next year.

Just when we thought we finally had a handle on the actual base price of a Model X, Elon Musk has gone ahead and created more reason for speculation. Let’s review.
Elon Musk tweeted last week that a Model X will cost $5,000 more than a Model S when both cars are configured the same. Since the Model S 70D is listed at $75,000 on the company website, Musk’s tweet should mean an identically equipped Model X will sell for $80,000.
But Musk attended a conference hosted by Vanity Fair on October 7, where he spoke about Model X pricing and told the audience, “We’ll have a more affordable version out next year that will start at around $75,000 before incentives, about $65,000 after.” Wait. Does this mean there might be a price reduction of $5,000 on a similarly equipped base Model S 70D in the near future?
Clearly, the redoubtable and peripatetic Mr. Musk knows things that we do not. And once again, his tweets may say more than perhaps they should. Just recently, he tweeted that a less expensive version of the Model X featuring a battery that would be “something like a 70” would be available some time in 2016.
Last month, Jefferies analyst Dan Dolev predicted the cost of Tesla batteries could fall by as much as 50% when the GigaFactory gets into full production in the second half of 2016. He justified his prediction based on the company “using a more efficient lithium-rich nickel cobalt manganese cathode, doubling the percentage of silicon in the synthetic graphene anode, replacing the liquid electrolyte with an ionic gel electrolyte which eliminates the need for a separator, and using a water-based electrode solvent for the cathode.”
If we combine Dolev’s prediction with Musk’s most recent statement, it’s possible to conclude that by the time all the Model X cars promised to reservation holders get built, the basic battery may be larger than 70 kWh, and with a starting price far less than what it is today. That could also suggest the entry level Model S may benefit from a larger battery and a lower price a year from now.
Elon’s pronouncements are always cryptic. About all we can say for sure is that 2016 is shaping up to be a pivotal year for the company with lots of improvements and the possibility of lower prices in the offing.
Elon Musk
Tesla Robotaxis are becoming a common sight on Austin’s public roads
Tesla Robotaxi sightings are becoming much more frequent ahead of its launch planned for this month.

Tesla Robotaxis are becoming a common sight on the public roads of Austin, Texas, as yet another test mule has been spotted near the company’s target launch date.
Just over a week ago, the first public sighting of a driverless Tesla Robotaxi was reported. The vehicle was an updated version of the Tesla Model Y, which will be the initial model used in the public deployment of the Robotaxi platform.
Throughout the past week, sightings have been more common, as people in Austin have been looking for the unique decal Tesla is placing on car doors to recognize the driverless vehicles (After all, Robotaxis are not as easy to recognize as driverless vehicles without the LIDAR unit on the roof like Waymo).
Yet another sighting of a Robotaxi was shared on social media today, just two days before CEO Elon Musk’s proposed launch date of June 22:
🚨 Tesla Robotaxis are being spotted all over Austin!
Here’s another spotted within the last hour: https://t.co/79l1RHpL5d pic.twitter.com/bOIlZYgs0U
— TESLARATI (@Teslarati) June 18, 2025
It is easy to tell that there is nobody in the driver’s seat of this vehicle. Tesla is using its white interior on this particular mule, making it incredibly simple to recognize that no human is controlling the car.
Whether Tesla will still meet the June 22nd deadline remains to be seen, but it is no secret that the company is prioritizing safety ahead of offering public rides.
Tesla will initially roll out the Robotaxi platform in Austin, but it has already started the regulatory process in other areas, specifically California.
The National Highway Traffic Safety Administration (NHTSA) is also helping to streamline the process for companies developing driverless vehicles by giving exemptions to automakers. It will make things much more efficient, benefiting Tesla and other car companies that have similar plans.
Tesla Robotaxi just got a big benefit from the U.S. government
Elon Musk
Elon Musk teases Tesla Optimus Gen 3 capabilities: ‘So many improvements’
If you thought Optimus Gen 2 was impressive, Tesla might have a surprise for you.

Elon Musk has teased that huge improvements are coming to Tesla’s Optimus humanoid robot, which is arguably the product that the company is developing with the most potential for everyday use by consumers and valuation increases from a financial perspective.
Optimus is still in the development stages, but Tesla has made great strides in its development over the past several years. It started as a simple idea that was unveiled with a human being in a spandex suit.
Tesla posts Optimus’ most impressive video demonstration yet
Just a few years later, Tesla has developed several humanoid robot prototypes that have made their way to influencers and have lent a helping hand around the company’s manufacturing facilities.
Tesla has already introduced two generations of Optimus, as the most recent release featured a vast number of improvements from the initial version.
The following is a list of things Tesla improved upon with Optimus Gen 2 compared to Gen 1:
- Tesla introduced a weight reduction of roughly 22 pounds, improving efficiency and agility
- Optimus Gen 2 had a walking speed that improved by 30 percent over Gen 1
- Tesla developed more capable hands that had 22 degrees of freedom, double that of Gen 1. This improved object handling
- Optimus Gen 2 had a 2-degree-of-freedom neck, as Gen 1’s was fixed
- Tesla integrated actuators and sensors for better performance. This includes things like foot force/torque sensing, articulated toe sections that are close to human foot geometry for better balance and movement
- Optimus Gen 2 has 28 degrees of overall freedom, improving flexibility from the first generation
- Tesla’s Optimus Gen 2 can do more than Gen 1, and has shown improved motor control and precision, doing things like squats, yoga poses, dancing, and even poaching an egg
These changes essentially brought Tesla closer to what will be the Optimus version that makes it to production. The company has plans to start production for the public in 2026, but some units will be manufactured for internal use within its factories as soon as this year. Tesla has said it could scale to 100,000 units or more by next year.
Musk also revealed to Teslarati recently that the company is in the process of building the production line that will bring manufacturing rates of Optimus to that level.
However, there is another design of Optimus coming, and Musk says it will feature “so many improvements”:
So many improvements to come in the next design of Optimus
— Elon Musk (@elonmusk) June 18, 2025
Tesla has said that Optimus will have the capability to perform tedious and time-consuming tasks like folding laundry, babysitting, cooking, walking the dog, and plenty of other things. However, it will be super impressive to see it do things that require true coordination, like threading a needle, for example.
Musk did not hint toward any specific developments that Tesla will aim for with Optimus Gen 3, but the sky is the limit, especially as it will be performing some manufacturing tasks across its factories.
Elon Musk
Elon Musk slams Bloomberg’s shocking xAI cash burn claims
Musk stated that “Bloomberg is talking nonsense.”

Elon Musk has forcefully rejected Bloomberg News’ claims that his artificial intelligence startup, xAI, is hemorrhaging $1 billion monthly.
In a post on X, Musk stated that “Bloomberg is talking nonsense.” He also acknowledged an X user’s comment that people “really have no idea what’s at stake” with AI.
Bloomberg‘s Allegations and Musk’s Rebuttal
The Bloomberg News report painted a dire picture of xAI’s finances. Citing people reportedly familiar with the matter, the news outlet claimed that xAI burns $1 billion a month as costs for building advanced AI models outpaced the company’s limited revenues.
Bloomberg alleged that xAI is planning to spend over half of a proposed $9.3 billion fundraising haul in three months, with a projected $13 billion loss in 2025. The report also claimed that of the $14 billion that xAI has raised since 2023, only $4 billion remained by Q1 2025. Even this amount, the news outlet alleged, will be nearly depleted in Q2.
xAI did not comment on Bloomberg‘s claims, though Elon Musk shared his thoughts on the matter on social media platform X. In response to an X user who quoted the publication’s article, Musk noted that “Bloomberg is talking nonsense.” Musk, however, did not provide further details as to why the publication’s report was fallacious.
xAI’s Bright Horizon
Despite Bloomberg‘s claims, even the publication noted that xAI’s prospects are promising. The company, now merged with X, aims to leverage the platform’s vast data archives for model training, which could reduce costs compared to rivals like OpenAI. Tapping into X also allows xAI to access real-time information from users across the globe.
xAI’s valuation reportedly soared to $80 billion by Q1 2025, up from $51 billion in 2024. The AI startup has attracted heavyweight investors such as Andreessen Horowitz, Sequoia Capital, and VY Capital so far, and optimistic projections point to profitability possibly being attained by 2027. This would be quite a feat for xAI as OpenAI, the AI startup’s biggest rival, is still looking at 2029 as the year it could become cash flow positive.
-
News1 week ago
I took a Tesla Cybertruck weekend Demo Drive – Here’s what I learned
-
Elon Musk1 week ago
Tesla tops Cathie Wood’s stock picks, predicts $2,600 surge
-
News1 week ago
First Tesla driverless robotaxi spotted in the wild in Austin, TX
-
News2 weeks ago
Tesla is missing one type of vehicle in its lineup and fans want it fast
-
Elon Musk1 week ago
X account with 184 followers inadvertently saves US space program amid Musk-Trump row
-
Elon Musk2 weeks ago
SpaceX to decommission Dragon spacecraft in response to Pres. Trump war of words with Elon Musk
-
News2 weeks ago
Tesla adds useful Model 3/Y feature home chargers will love
-
News2 weeks ago
SpaceX marks 500th Falcon launch with Starlink 11-22 Mission