

News
SpaceX drone ship completes 5000-mile journey from Florida to California
A bit less than four weeks after departing Central Florida’s Port Canaveral, SpaceX drone ship Of Course I Still Love You (OCISLY) has completed a more than 5000-mile (~8000 km) journey to Port of Long Beach, California.
Around midnight on June 10th, the oldest operational ‘autonomous spaceport drone ship’ (ASDS) was towed out of the closest port to Cape Canaveral, where two SpaceX-leased pads support the vast majority of all Falcon 9 and Falcon Heavy launches. Around 12 months before OCISLY’s departure, drone ship Just Read The Instructions (JRTI) joined it on the East Coast with its first Atlantic Ocean booster recovery some ten months after the opposite journey – California to Florida.
Thanks in no small part to the presence of two operational drone ships stationed in Port Canaveral, SpaceX completed 32 successful East Coast launches and recovered 31 boosters at sea in those 12 months. However, at least as early as April 2021, plans were already in motion to send one of those two drone ships west.
Likely because it’s the most aging member of SpaceX’s booster recovery fleet, drone ship OCISLY was chosen to head to California and support the start of a few dozen dedicated polar Starlink launches. Thanks to limitations with SpaceX’s even older Vandenberg Air/Space Force Base (VAFB) SLC-4E launch facilities, it’s unlikely that the drone ship will ever need support more than one booster recovery per month, compared to two or even three per month operating out of Port Canaveral.
While SpaceX’s East Coast launch operation now has just one drone ship to work with, that might not be the case for long. Late last month, a tugboat frequently used by SpaceX to tow drone ships OCISLY and JRTI departed Port Canaveral and arrived at Port Fourchon, Louisiana on June 27th. Finn Falgout will ultimately tow brand new drone ship A Shortfall of Gravitas (ASOG) – currently in the late stages of assembly at a Fourchon shipyard – to its new home in Port Canaveral, restoring SpaceX’s East Coast booster recovery fleet to two ships.
ASOG’s trip east could happen at any point this month, albeit only after several days to a week of sea trials expected before the shipyard hands off the vessel to SpaceX. At the moment, no East Coast launches of any kind appear to have been scheduled in the first half of July, hinting at unavoidable downtime either for SpaceX alone or the entire Eastern Range. In other words, ASOG could arrive in time to avoid any direct impact on launch cadence that a single drone ship might have.
Still installed on the deck of transport ship Mighty Servant 1 (MS1), OCISLY will likely be offloaded – weather pending – later this week, after which SpaceX will be able to start the process of getting the drone ship ready for its first West Coast rocket recovery mission. That will likely take at least a week or two, potentially leaving OCISLY ready to support SpaceX’s first dedicated polar Starlink launch as early as late July. Simultaneously, it’s not inconceivable that drone ship ASOG will also be ready for its own rocket recovery debut around the same time, meaning that SpaceX could have three operational drone ships for the first time by next month.
Given SpaceX’s plans to quickly ramp up its VAFB facilities to support one launch per month and the impressive success of its East Coast pads in H1 2021, the company could feasibly complete another 21 or 22 launches between August and December.
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.
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