News
SpaceX on track to send Starship, private astronauts around the Moon in 2023
In a new media blitz, Japanese billionaire Yusaka Maezawa (‘MZ’) has reentered the spotlight with SpaceX CEO Elon Musk to update the public on their DearMoon initiative.
Unveiled in September 2018, Maezawa’s DearMoon project was founded with the intention of returning humankind to the Moon for the first time since the Apollo Program ended in the 1970s. This time around, though, a billionaire would singlehandedly fund the mission on their own, opening up as many as eight seats to an entirely different kind of astronaut. Initially, Maezawa positioned the project as an effort to take several artists – representing as diverse a collection of disciplines as possible – to the Moon.
Faced with arguably the most privileged and impactful vantage point known to humans, the voyage would aim to inspire the creation of new and groundbreaking art that could be shared with almost anyone on Earth.
In the ~30 months since Musk’s and Maezawa’s first announcement, a great deal about the Starship rocket meant to launch the mission has changed, including a radical redesign that replaced the widespread use of carbon fiber composite structures with stainless steel. Now, according to Maezawa, the purview of his DearMoon project has also changed in a big way.
In a video update, the retired billionaire stated that he’d ultimately concluded that his initial plan – selecting eight artists – was too narrow and arbitrary to properly give as many deserving people as possible a chance at a life-changing experience.
“Who do I mean by artists? The more I thought about it, the more ambiguous it became, and I began to think that every single person who is doing something creative could be called an artist. That is why I wanted to reach out to a wider, diverse audience to give more people across the world the opportunity to join this journey.”Yusaku Maezawa
Instead of a hand-selected crew elite or exceptional artists, Maezawa appears to be opening up the eight seats he purchased for guests to just about anyone on Earth, so long as they consider themselves an artist, are eager to push the envelope of creativity, and are willing to help their fellow crewmates achieve their own artistic goals.
Back in 2018, with Maezawa’s help in the form of an implied investment on the order of several hundred million dollars, SpaceX committed to launching Starship’s circumlunar DearMoon mission as early as 2023. Two and a half years and a radical Starship redesign later, Elon Musk says he is “highly confident” that SpaceX’s next-generation rocket will have “reach orbit many times” and “be safe enough for human transport” by 2023. Curiously, at least in the clips Maezawa ultimately included in the update video, Musk never stated that Starship was explicitly on track to launch humans on a circumlunar “free-return trajectory” – notably difficult for the extremely high-velocity reentry it entails.
Nevertheless, his otherwise confident statements – seemingly implying that Starship remains on track after more than two years of work – bode well for the DearMoon mission launching at least within 12-18 months of its 2023 target. At that rate, there’s a real chance that it will beat NASA’s state-funded SLS and Orion rocket to become the first crewed mission to the Moon in half a century.
Elon Musk
Tesla analysts believe Musk and Trump feud will pass
Tesla CEO Elon Musk and U.S. President Donald Trump’s feud shall pass, several bulls say.
Tesla analysts are breaking down the current feud between CEO Elon Musk and U.S. President Donald Trump, as the two continue to disagree on the “Big Beautiful Bill” and its impact on the country’s national debt.
Musk, who headed the Department of Government Efficiency (DOGE) under the Trump Administration, left his post in May. Soon thereafter, he and President Trump entered a very public and verbal disagreement, where things turned sour. They reconciled to an extent, and things seemed to be in the past.
However, the second disagreement between the two started on Monday, as Musk continued to push back on the “Big Beautiful Bill” that the Trump administration is attempting to sign into law. It would, by Musk’s estimation, increase spending and reverse the work DOGE did to trim the deficit.
Every member of Congress who campaigned on reducing government spending and then immediately voted for the biggest debt increase in history should hang their head in shame!
And they will lose their primary next year if it is the last thing I do on this Earth.
— Elon Musk (@elonmusk) June 30, 2025
President Trump has hinted that DOGE could be “the monster” that “eats Elon,” threatening to end the subsidies that SpaceX and Tesla receive. Musk has not been opposed to ending government subsidies for companies, including his own, as long as they are all abolished.
How Tesla could benefit from the ‘Big Beautiful Bill’ that axes EV subsidies
Despite this contentious back-and-forth between the two, analysts are sharing their opinions now, and a few of the more bullish Tesla observers are convinced that this feud will pass, Trump and Musk will resolve their differences as they have before, and things will return to normal.
ARK Invest’s Cathie Wood said this morning that the feud between Musk and Trump is another example of “this too shall pass:”
BREAKING: CATHIE WOOD SAYS — ELON AND TRUMP FEUD “WILL PASS” 👀 $TSLA
She remains bullish ! pic.twitter.com/w5rW2gfCkx
— TheSonOfWalkley (@TheSonOfWalkley) July 1, 2025
Additionally, Wedbush’s Dan Ives, in a note to investors this morning, said that the situation “will settle:”
“We believe this situation will settle and at the end of the day Musk needs Trump and Trump needs Musk given the AI Arms Race going on between the US and China. The jabs between Musk and Trump will continue as the Budget rolls through Congress but Tesla investors want Musk to focus on driving Tesla and stop this political angle…which has turned into a life of its own in a roller coaster ride since the November elections.”
Tesla shares are down about 5 percent at 3:10 p.m. on the East Coast.
Elon Musk
Tesla scrambles after Musk sidekick exit, CEO takes over sales
Tesla CEO Elon Musk is reportedly overseeing sales in North America and Europe, Bloomberg reports.
Tesla scrambled its executives around following the exit of CEO Elon Musk’s sidekick last week, Omead Afshar. Afshar was relieved of his duties as Head of Sales for both North America and Europe.
Bloomberg is reporting that Musk is now overseeing both regions for sales, according to sources familiar with the matter. Afshar left the company last week, likely due to slow sales in both markets, ending a seven-year term with the electric automaker.
Tesla’s Omead Afshar, known as Elon Musk’s right-hand man, leaves company: reports
Afshar was promoted to the role late last year as Musk was becoming more involved in the road to the White House with President Donald Trump.
Afshar, whose LinkedIn account stated he was working within the “Office of the CEO,” was known as Musk’s right-hand man for years.
Additionally, Tom Zhu, currently the Senior Vice President of Automotive at Tesla, will oversee sales in Asia, according to the report.
It is a scramble by Tesla to get the company’s proven executives over the pain points the automaker has found halfway through the year. Sales are looking to be close to the 1.8 million vehicles the company delivered in both of the past two years.
Tesla is pivoting to pay more attention to the struggling automotive sales that it has felt over the past six months. Although it is still performing well and is the best-selling EV maker by a long way, it is struggling to find growth despite redesigning its vehicles and launching new tech and improvements within them.
The company is also looking to focus more on its deployment of autonomous tech, especially as it recently launched its Robotaxi platform in Austin just over a week ago.
However, while this is the long-term catalyst for Tesla, sales still need some work, and it appears the company’s strategy is to put its biggest guns on its biggest problems.
News
Tesla upgrades Model 3 and Model Y in China, hikes price for long-range sedan
Tesla’s long-range Model 3 now comes with a higher CLTC-rated range of 753 km (468 miles).
Tesla has rolled out a series of quiet upgrades to its Model 3 and Model Y in China, enhancing range and performance for long-range variants. The updates come with a price hike for the Model 3 Long Range All-Wheel Drive, which now costs RMB 285,500 (about $39,300), up RMB 10,000 ($1,400) from the previous price.
Model 3 gets acceleration boost, extended range
Tesla’s long-range Model 3 now comes with a higher CLTC-rated range of 753 km (468 miles), up from 713 km (443 miles), and a faster 0–100 km/h acceleration time of 3.8 seconds, down from 4.4 seconds. These changes suggest that Tesla has bundled the previously optional Acceleration Boost for the Model 3, once priced at RMB 14,100 ($1,968), as a standard feature.
Delivery wait times for the long-range Model 3 have also been shortened, from 3–5 weeks to just 1–3 weeks, as per CNEV Post. No changes were made to the entry-level RWD or Performance versions, which retain their RMB 235,500 and RMB 339,500 price points, respectively. Wait times for those trims also remain at 1–3 weeks and 8–10 weeks.
Model Y range increases, pricing holds steady
The Model Y Long Range has also seen its CLTC-rated range increase from 719 km (447 miles) to 750 km (466 miles), though its price remains unchanged at RMB 313,500 ($43,759). The model maintains a 0–100 km/h time of 4.3 seconds.
Tesla also updated delivery times for the Model Y lineup. The Long Range variant now shows a wait time of 1–3 weeks, an improvement from the previous 3–5 weeks. The entry-level RWD version maintained its starting price of RMB 263,500, though its delivery window is now shorter at 2–4 weeks.
Tesla continues to offer several purchase incentives in China, including an RMB 8,000 discount for select paint options, an RMB 8,000 insurance subsidy, and five years of interest-free financing for eligible variants.
Tesla analysts believe Musk and Trump feud will pass
Tesla scrambles after Musk sidekick exit, CEO takes over sales
Tesla upgrades Model 3 and Model Y in China, hikes price for long-range sedan
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