News
SpaceX & Boring Co. engineers are flying to Thailand to assess options for rescue efforts
In a recent update on Twitter, Elon Musk stated that engineers from SpaceX and The Boring Company would be flying to Thailand tomorrow to assess how to best help the Thai government in its rescue efforts for the stranded soccer players in the Tham Luang Nang Non cave complex.
Musk’s recent statements come as a response to updates posted by James Yenbamroong, an entrepreneur and founder of mu Space Corp, who stated that SpaceX engineers had already reached out in an attempt to connect with the Thai government. Government officials are currently looking into three plans to rescue the 12 stranded children and their coach. Among these involve teaching the young soccer players to dive, draining the caves of water to make extraction easier, and drilling a hole from the surface to provide a way out.
SpaceX & Boring Co engineers headed to Thailand tomorrow to see if we can be helpful to govt. There are probably many complexities that are hard to appreciate without being there in person.
— Elon Musk (@elonmusk) July 6, 2018
Yesterday, Musk offered to dropship Tesla Powerpacks and water pumps on the site of the rescue efforts to help in draining the caves. Musk also offered technology from The Boring Company as a means to help with the Thai government’s third rescue option. Among the most challenging portions of the cave, however, is a 70cm cross-section located about 3.1 miles away from the stranded soccer team, which gives trouble to the water pumps. The Thai government also expressed some reservations about the idea of digging a hole to reach the children and their coach, considering that the air pocket where the group is currently located is half a mile underground.
In a series of tweets today, Musk threw some ideas that could work to help in draining the caves and retrieving the children. According to Musk, it might be worth looking into the idea of inserting a 1-meter diameter nylon tube through the cave network that could be inflated with air “like a bouncy castle.” This would create an air tunnel underwater against the cave roof and auto-conform to odd shapes in the network including the tricky 70cm cross-section. Velcro slits at the ends of the tubes, as well as a continuous air feed, would allow the tube to remain inflated. According to Musk, this particular solution would require little power since that the work done is low.
A map of the cave system where the members of the Thai Wild Boar soccer team are located. [Credit: James Yenbamroong/Twitter]
The Wild Boar Soccer Team entered the Tham Luang Nang Non cave complex last June 23. Due to the monsoon rains, however, the team, comprised of children aged 11-15, as well as their 25-year-old coach, were forced to take shelter in an air pocket 2.5 miles away from the entrance to the caves. The team was located by two British divers last Monday, and since then, the children have been supplied with much-needed food and other survival supplies. Thai Navy SEAL divers, including a doctor and a nurse, also stayed with the soccer team on Tuesday.
The ongoing rescue efforts have taken a toll on the rescuers themselves. As noted by The Guardian, Saman Kunan, a former Navy Seal diver who opted to assist in the rescue, recently died while volunteering in the caves. Kunan was found unconscious in the caves after he transported tanks from the caves’ third chamber. First aid was attempted by his colleagues on site, but efforts to revive him were ultimately unsuccessful.
Tesla is no stranger to humanitarian efforts. The company has responded to Puerto Rico’s call for help in reviving its battered power system after Hurricane Maria. Tesla was also pivotal in providing power for the first time to a town in the Philippines that has never experienced a constant power supply in its history.
News
Tesla ends Full Self-Driving purchase option in the U.S.
In January, Musk announced that Tesla would remove the ability to purchase the suite outright for $8,000. This would give the vehicle Full Self-Driving for its entire lifespan, but Tesla intended to move away from it, for several reasons, one being that a tranche in the CEO’s pay package requires 10 million active subscriptions of FSD.
Tesla has officially ended the option to purchase the Full Self-Driving suite outright, a move that was announced for the United States market in January by CEO Elon Musk.
The driver assistance suite is now exclusively available in the U.S. as a subscription, which is currently priced at $99 per month.
Tesla moved away from the outright purchase option in an effort to move more people to the subscription program, but there are concerns over its current price and the potential for it to rise.
In January, Musk announced that Tesla would remove the ability to purchase the suite outright for $8,000. This would give the vehicle Full Self-Driving for its entire lifespan, but Tesla intended to move away from it, for several reasons, one being that a tranche in the CEO’s pay package requires 10 million active subscriptions of FSD.
Although Tesla moved back the deadline in other countries, it has now taken effect in the U.S. on Sunday morning. Tesla updated its website to reflect this:
🚨 Tesla has officially moved the outright purchase option for FSD on its website pic.twitter.com/RZt1oIevB3
— TESLARATI (@Teslarati) February 15, 2026
There are still some concerns regarding its price, as $99 per month is not where many consumers are hoping to see the subscription price stay.
Musk has said that as capabilities improve, the price will go up, but it seems unlikely that 10 million drivers will want to pay an extra $100 every month for the capability, even if it is extremely useful.
Instead, many owners and fans of the company are calling for Tesla to offer a different type of pricing platform. This includes a tiered-system that would let owners pick and choose the features they would want for varying prices, or even a daily, weekly, monthly, and annual pricing option, which would incentivize longer-term purchasing.
Although Musk and other Tesla are aware of FSD’s capabilities and state is is worth much more than its current price, there could be some merit in the idea of offering a price for Supervised FSD and another price for Unsupervised FSD when it becomes available.
Elon Musk
Musk bankers looking to trim xAI debt after SpaceX merger: report
xAI has built up $18 billion in debt over the past few years, with some of this being attributed to the purchase of social media platform Twitter (now X) and the creation of the AI development company. A new financing deal would help trim some of the financial burden that is currently present ahead of the plan to take SpaceX public sometime this year.
Elon Musk’s bankers are looking to trim the debt that xAI has taken on over the past few years, following the company’s merger with SpaceX, a new report from Bloomberg says.
xAI has built up $18 billion in debt over the past few years, with some of this being attributed to the purchase of social media platform Twitter (now X) and the creation of the AI development company. Bankers are trying to create some kind of financing plan that would trim “some of the heavy interest costs” that come with the debt.
The financing deal would help trim some of the financial burden that is currently present ahead of the plan to take SpaceX public sometime this year. Musk has essentially confirmed that SpaceX would be heading toward an IPO last month.
The report indicates that Morgan Stanley is expected to take the leading role in any financing plan, citing people familiar with the matter. Morgan Stanley, along with Goldman Sachs, Bank of America, and JPMorgan Chase & Co., are all expected to be in the lineup of banks leading SpaceX’s potential IPO.
Since Musk acquired X, he has also had what Bloomberg says is a “mixed track record with debt markets.” Since purchasing X a few years ago with a $12.5 billion financing package, X pays “tens of millions in interest payments every month.”
That debt is held by Bank of America, Barclays, Mitsubishi, UFJ Financial, BNP Paribas SA, Mizuho, and Société Générale SA.
X merged with xAI last March, which brought the valuation to $45 billion, including the debt.
SpaceX announced the merger with xAI earlier this month, a major move in Musk’s plan to alleviate Earth of necessary data centers and replace them with orbital options that will be lower cost:
“In the long term, space-based AI is obviously the only way to scale. To harness even a millionth of our Sun’s energy would require over a million times more energy than our civilization currently uses! The only logical solution, therefore, is to transport these resource-intensive efforts to a location with vast power and space. I mean, space is called “space” for a reason.”
The merger has many advantages, but one of the most crucial is that it positions the now-merged companies to fund broader goals, fueled by revenue from the Starlink expansion, potential IPO, and AI-driven applications that could accelerate the development of lunar bases.
News
Tesla pushes Full Self-Driving outright purchasing option back in one market
Tesla announced last month that it would eliminate the ability to purchase the Full Self-Driving software outright, instead opting for a subscription-only program, which will require users to pay monthly.
Tesla has pushed the opportunity to purchase the Full Self-Driving suite outright in one market: Australia.
The date remains February 14 in North America, but Tesla has pushed the date back to March 31, 2026, in Australia.
NEWS: Tesla is ending the option to buy FSD as a one-time outright purchase in Australia on March 31, 2026.
It still ends on Feb 14th in North America. https://t.co/qZBOztExVT pic.twitter.com/wmKRZPTf3r
— Sawyer Merritt (@SawyerMerritt) February 13, 2026
Tesla announced last month that it would eliminate the ability to purchase the Full Self-Driving software outright, instead opting for a subscription-only program, which will require users to pay monthly.
If you have already purchased the suite outright, you will not be required to subscribe once again, but once the outright purchase option is gone, drivers will be required to pay the monthly fee.
The reason for the adjustment is likely due to the short period of time the Full Self-Driving suite has been available in the country. In North America, it has been available for years.
Tesla hits major milestone with Full Self-Driving subscriptions
However, Tesla just launched it just last year in Australia.
Full Self-Driving is currently available in seven countries: the United States, Canada, China, Mexico, Australia, New Zealand, and South Korea.
The company has worked extensively for the past few years to launch the suite in Europe. It has not made it quite yet, but Tesla hopes to get it launched by the end of this year.
In North America, Tesla is only giving customers one more day to buy the suite outright before they will be committed to the subscription-based option for good.
The price is expected to go up as the capabilities improve, but there are no indications as to when Tesla will be doing that, nor what type of offering it plans to roll out for owners.
Tesla ends Full Self-Driving purchase option in the U.S.
Musk bankers looking to trim xAI debt after SpaceX merger: report
