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SpaceX to leverage Boring Co. tunneling tech to help humans settle Mars

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SpaceX’s COO and President Gwynne Shotwell corroborated past comments made by CEO Elon Musk in a recent interview with CNBC, stating that she believed The Boring Company’s advances in tunneling technology will help SpaceX safely house humans on Mars.

Asked more broadly about collaboration between Musk’s many ventures, ranging from Tesla to Neuralink, she noted that “The Boring Company could actually be how we house people on Mars,” while also noting that Tesla’s expertise in battery technology had already found a home inside SpaceX’s Falcon 9 rocket and Dragon spacecraft.

A Tesla Model X pulls 250,000-pounds worth of muck from a Boring Company tunnel.

In the past, Musk has also expressed interest in and awareness of the many potential uses for advanced tunneling technologies on Mars and for settlement of the solar system more generally. Speaking at 2017’s International Space Station Research and Development Conference, the CEO was asked by an audience member whether The Boring Company was actually just a front to develop technology that would help SpaceX settle humans on Mars. He agreed, at least partially:

“I do think getting good at digging tunnels could be really helpful for Mars. It would be a different optimization for a Mars boring machine versus an Earth boring machine, [but] there’s going to be a [need for a] lot of…mining in general to get raw materials [and water ice]. And then, along the way, building underground habitats where you could get radiation shielding… you could build an entire city underground if you wanted to.”

Intriguingly, a brand new study based on long-term data gathered from the Curiosity Mars rover (also known as Mars Science Laboratory) showed that Mars’ radiation environment was significantly less hostile than many have baselined in analyses of human outposts on the planet. Combined with vast lava tubes nurtured by Mars’ intense volcanism and forgiving gravity one third that of Earth’s, underground Martian habitats may be unnecessary in the short term, although long-term radiation exposure will remain a concern for colonists settling on the Red Planet.

BFS arrives at Mars. (SpaceX)

Put simply, the first trips to Mars with SpaceX’s BFR and BFS (Big F****** Rocket/Spaceship) could save vast amounts of precious mass by initially avoiding tunneling hardware in lieu of more versatile supplies, saving lightweight Mars-optimized TBMs for future cargo transport missions. This would also give SpaceX, Tesla, and The Boring Company additional time to perfect tunneling on Earth and to hone their synergistic battery and materials expertise. As such, past and present comments made by Musk and Shotwell likely indicate a long-term perspective, sketching out a rough outline of potential strategies they believe can help enable a permanent human presence beyond Earth, particularly the colonization of Mars.

While not yet utilizing the much larger BFS, SpaceX’s first ventures into the world of human spaceflight could begin in less than a year, per the company’s internal H1 2019 target for its first crewed Crew Dragon mission to the International Space Station. Recently, Musk revealed the first photo of of a flightworthy Crew Dragon spacecraft, set to conduct its own uncrewed test flight near the end of 2018.

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Eric Ralph is Teslarati's senior spaceflight reporter and has been covering the industry in some capacity for almost half a decade, largely spurred in 2016 by a trip to Mexico to watch Elon Musk reveal SpaceX's plans for Mars in person. Aside from spreading interest and excitement about spaceflight far and wide, his primary goal is to cover humanity's ongoing efforts to expand beyond Earth to the Moon, Mars, and elsewhere.

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Tesla Q2 2025 earnings: What Wall Street expects

The company has faced mounting pressure this year, with TSLA stock down 19% year-to-date.

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Credit: Tesla Asia/X

Tesla (NASDAQ:TSLA) is set to release its second-quarter 2025 financial results after markets close on Wednesday, July 23. The company has faced mounting pressure this year, with TSLA stock down about 19% year-to-date. 

What Wall Street expects

As noted in a TipRanks report, Wall Street has remained cautious about the electric vehicle maker due to concerns about the EV segment in general, competition, reduced margins, federal EV regulations, and CEO Elon Musk’s political activities. 

Overall, Wall Street expects Tesla to post earnings per share of $0.39, down 25% from a year ago. Tesla’s revenue is forecasted to fall 13% to $22.19 billion, and analysts also expect the electric vehicle maker to post lower margins this quarter.

Analyst expectations

Tesla delivered approximately 384,120 vehicles in Q2, a 13.5% drop year-over-year, as per Main Street Data. The company also produced over 410,000 vehicles and deployed 9.6 GWh of energy storage products during the quarter. 

Ahead of the earnings call, Cantor Fitzgerald analyst Andres Sheppard reiterated a Buy rating and a $335 per share price target. He also adjusted his Q2 revenue forecast to $21 billion, down from his previous estimate of $24.1 billion. Despite short-term softness, Sheppard maintained his 2025 and 2026 projections, citing confidence in Tesla’s high-margin Robotaxi business model.

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Barclays analyst Dan Levy kept a Hold rating with a $275 price target. He stated that the company faces “increasingly weaker fundamentals,” but he also suggested that Tesla’s Robotaxi story could drive optimism. Levy expects modest gross margin improvement quarter-over-quarter and flagged the full-year EPS estimate drop from $3.20 to $1.84. Delays in launching the affordable Tesla model remain a downside risk, Levy noted.

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Tesla expands FSD Transfer offer to Europe and the Middle East

Tesla’s FSD transfer offer has long been used as a quarterly sales lever in North America.

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Credit: Tesla Europe & Middle East/X

Tesla has extended its Full Self-Driving (FSD) transfer promotion beyond North America, opening the door for owners in Europe and the Middle East to carry over their existing FSD systems to a new vehicle. 

The move comes days after Elon Musk acknowledged a user’s request for FSD transfers in Europe on X, which the CEO called a “fair” ask. Tesla Europe later confirmed the offer via its official X account.

FSD transfers reaching new markets

FSD transfers have been used as a quarterly sales lever in North America, with its most recent availability in April 2025, as noted in a Not a Tesla App report. While this incentive had remained exclusive to the U.S. and Canada, Tesla’s latest announcement marks the first time the program has been rolled out internationally. 

Interestingly enough, the offer hasn’t yet been extended to other FSD-enabled regions like China. This suggests that Tesla may be prioritizing markets where regulatory approval for FSD remains pending. European Tesla owners, after all, have been waiting literal years for FSD to be rolled out into their countries. 

How the program works

The process for FSD transfers is straightforward. Existing Tesla owners with FSD must place a new vehicle order and complete delivery during the active promotion period. During checkout, customers are instructed not to add FSD to the new car. Instead, they must notify a Tesla advisor of their intent to transfer their existing vehicle’s FSD. 

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On delivery day, FSD will be deactivated on the old vehicle and activated on the new one. Customers are not required to trade in or sell their original Tesla that had FSD, though once the license is moved, the old vehicle reverts to just Basic Autopilot features.

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Tesla Q2 2025 vehicle safety report proves FSD makes driving almost 10X safer

Tesla released its most recent vehicle safety data on its official website.

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Credit: @BLKMDL3/X

Tesla has released its most recent vehicle safety report, reiterating the idea that Autopilot and systems like Full Self Driving (FSD) are really the company’s best safety features.

Tesla released its most recent vehicle safety data on its official website. 

Tesla’s Q2 2025 safety statistics

As per the electric vehicle maker’s Q2 2025 report, the company recorded one crash for every 6.69 million miles driven for vehicles that were using Autopilot technology. In comparison, data from the NHTSA and FHWA listed one automobile crash every 702,000 million miles.

“In the 2nd quarter, we recorded one crash for every 6.69 million miles driven in which drivers were using Autopilot technology. For drivers who were not using Autopilot technology, we recorded one crash for every 963,000 miles driven. By comparison, the most recent data available from NHTSA and FHWA (from 2023) shows that in the United States there was an automobile crash approximately every 702,000 miles,” Tesla wrote in its report.

FSD as a safety feature

Elon Musk has always maintained that FSD is the company’s biggest safety feature. This is no exaggeration, as the system allows vehicles to operate vehicles without human intervention. Tesla is currently proving this in Austin, where it operates the pilot program for its dedicated self-driving Robotaxi service. Customers who have used Tesla’s Robotaxi service in Austin have noted that the vehicles operate in a manner that is akin to a confident and cautious driver.

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An underrated advantage of Tesla’s FSD system is the fact that it does not get tired, nor does it ever operate the vehicle while intoxicated. It never gets distracted either. These advantages may seem minor, but they go a long way towards making Teslas the safest vehicles on the road today.

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