News
Signature Model X Deliveries Sighted Across North America
Sightings of Model X cars in shipment are beginning to occur in various parts of the country. Here are photos of one car headed for Florida at a stopover in Salt Lake City taken by a Teslarati tipster.
Signature Red Tesla Model X [Source: Christian Staples via tips@teslarati.com]
Tesla has begun deliveries of the Model X Signature Series electric crossover to early reservation holders that placed the initial $40,000 deposit, some as far back as three years ago. Christian Staples, whose business is across the street from the Tesla Service Center in Salt Lake City, spotted a truck full of new Teslas being unloaded. According to Christian, he approached the Service Center as he normally does when new Teslas arrive, only to notice that one of them had a different paint color. It was a rare Signature Red Model X being unloaded from the truck.
Signature Red Tesla Model X in Salt Lake City [Source: Christian Staples via tips@teslarati.com]
The car was quickly surrounded by Tesla employees who told Christian that the Model X was being temporarily rolled off the truck in order to make room for the truck full of Model S to be unloaded.
Christian a Model X reservation holder himself (#18557) was told by Tesla employees that the Signature X was making its way to an owner in Florida, and currently in “factory mode” meaning it was limited to a maximum of 10 mph with only the driver’s door being operational.
When questioning the Tesla employees about the popularity of the Model X, they further mentioned that the Model X is outselling the Model S by 3 to 1 in the Northwest region including Utah, though Utah had 40 Model X orders pending with 12 of them already configured.
Expectant Tesla owners are normally contacted by the company about one week before their car is ready to be delivered. Many are expecting calls this week, but so far few such calls have been received. Two members have posted on the TMC forum in the past few days that they have been contacted by Tesla and expect their cars before the end of the year.
Updated December 17, 2015 9:25pm – Signature #2 holder Bonnie Norman announces via Twitter that her Signature Model X will be available for pickup this coming weekend.
Model X Sig #2 delivery is ON – factory pickup this weekend! ThX @elonmusk & all #TeslaMotors team. #CantWait #earlyXmas #Xcited
— follow me @bonnienorman on 💙sky (@bonnienorman) December 18, 2015
Another owner recently took delivery of his Signature Model X at the Syosset, NY Tesla Service Center and posted a photo of it on Plugshare.
Model X Panoramic Windshield as seen looking in from the driver’s side door [Source: Christian Staples via tips@teslarati.com]
Tesla delivered a handful of Founders Series Model X during the unveil event back in September. Mark Templeton, former CEO of Citrix was one of them that took delivery of #00003 who recently shared his impressions of the Model X.
“It’s a sports car, a sedan, and an SUV. The multi-purpose aspect of the X is stunning. The storage space is amazing. In fact, the deep trunk allows two of the 34″ rolling luggage pieces to stand side-by-side! Add the folding third row — it far exceeds SUVs of similar size. The underseat space is great – more comfortable for passengers and added space for storage. The seats are by far the best of any vehicle I’ve owned – design, comfort and function. And, I love how the middle row sets tilt and slide.”
Templeton raves about the performance of his cobalt blue Model X. “As Elon said, it’s FAST! Ludicrous mode makes acceleration from 30 mph just like at 0 mph! Smooth, continuous, multi-G acceleration – pure joy at the tip of your foot!” The one word of caution he has for any new Model X owner is to be prepared for how much attention the car generates. According to Templeton, the Model X will draw a crowd everywhere it goes.
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 has expanded the footprint of a massive safety feature worldwide with a recent Software Update labeled as 2026.20.6. The expansion of the “Blind Spot Warning While Parked” feature represents the more widespread availability of the feature, which aims to prevent “dooring.”
Dooring is when a driver or passenger opens a car door into the path of an oncoming road user, usually a cyclist or motorcyclist. It is among the most common types of cycling accidents, the League of American Bicyclists says.
For this reason, Tesla created a feature that warns occupants not to open the door because an object is approaching. The feature will sound a chime, and it will also delay the opening of the door to prevent an incident.
The release notes state (via Not a Tesla App):
“If you attempt to open a door while an approaching object is detected in your blind spot (for example, a bicyclist approaching from behind) a chime sounds, and your door will not open upon initial button press. Wait a short time and press the button a second time to override the warning.”
Tesla initially rolled out this feature back in 2024 with the Model 3 “Highland.” However, it remained with the Model 3 exclusively for over a year; that was until Tesla added it to the Cybertruck this past Spring.
Now, it is making its way to the new Model Y, 2021 and newer Model S, and 2021 or newer Model X.
The prevention of dooring incidents could eliminate many injuries to cyclists, especially in an urban setting. Dooring accounts for 10-20 percent of bike-related crashes in major cities, and over 17,000 dooring-related incidents were treated in the U.S. over the course of a decade. These usually involve fractures, contusions, and head trauma.
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
SpaceX gets initial stock coverage from Tesla’s biggest bull
