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Tesla 62-stall Supercharger project in Santa Monica isn’t dead yet
Santa Monica, California City Councilmembers are still interested in Tesla’s 62-stall V3 Supercharger project. Apparently, there is still hope that the project could eventually happen in the future as long as the time and property availability line up with what would be Tesla’s largest V3 Supercharger station in the world.
After Tesla proposed a 62-stall V3 Supercharger site in Santa Monica in early March, the Santa Monica City Council voted 5-2 to approve the site that would bring the automaker’s fastest chargers to the coastal town located in Los Angeles. Santa Monica would officially become the home of the world’s largest V3 Supercharging lot, and LA-based owners were ecstatic regarding the possibilities. Along with the Superchargers, a small lounge would also be available for owners to use the restroom or hang out for a few minutes while their electric car gained some range.
However, just a few days after the site’s approval, the Santa Monica City Council met once again. They scrapped the project in favor of an Emergency Interim Zoning Ordinance that prioritized housing instead of electric vehicle chargers. The ordinance would temporarily reserve any available commercial property for potential housing development, including apartments and condominiums. The ordinance would last between 45 days and two years, depending on an extension process.
Tesla’s largest V3 Supercharger facility is coming to Santa Monica
Now, City Councilmembers indicate that Tesla could still open up the project eventually as long as the scenario is right. Councilmember Kevin McKeown said (via Santa Monica Daily Press):
I’ve already been working with City staff to see if we can get Tesla and the property owner to come back with such a project.”
Unfortunately for Tesla, the timing of the proposal was just off. There wasn’t really much that the automaker could do, especially as housing and reducing displacement remains a priority to the Santa Monica City Council. There are not enough housing options in the Santa Monica area. To prevent displacement of families living in currently-built complexes, the City Council decided that new buildings were the best option. Therefore, Tesla’s project took an unfortunate backseat to make way for new housing opportunities.
The proposed Supercharger location is a perfect location for new, appealing apartment complexes, McKeown added. “The Tesla site is at the intersection of major bus routes, with two bus stops, one on the boulevard and one on 14th Street. And while EV charging is a laudable amenity, one I have championed over the years, it could be done in a mixed-use format that provides housing as well,” the Councilmember said. “If we’d exempted their existing proposal from the temporary commercial-only moratorium, we might instead have had to swap into our Housing Element Suitable Sites Inventory other parcels where residents live currently. I’d prefer to both protect current residents from redevelopment of their homes for what would likely be less-affordable housing, albeit more of it, and provide EV charging in a format that makes wiser use of scarce land in a crucial location.”
Tesla employee Noelani Derrickson petitioned to have Tesla’s Supercharger project exempted from the Emergency Ordinance. Derrickson said Tesla has been working closely with the Santa Monica planning staff for over six months, highlighting the advantages a Supercharger station would have in the location that was proposed. The councilmember said, “Tesla has been working closely with Santa Monica planning staff for over half a year now on a Tesla electric vehicle fast-charging station that includes solar energy and battery storage within the mid-city neighborhood.”
Derrickson’s argument persuaded the fellow Councilmembers to unanimously vote on a temporary hold for commercial projects like Tesla’s Supercharging station and other automotive dealerships. This alone proves that the Supercharging facility may not be dead after all. It just may come a tad later than expected.
President Donald Trump unveiled an upgraded Boeing 747-8 at Joint Base Andrews on June 19, 2026, describing the Qatar-gifted aircraft as an interim Air Force One equipped with advanced communications systems, including Starlink, Elon Musk’s SpaceX satellite internet service.
The plane, valued at around $400 million and modified for presidential use, serves as a bridge until the delayed VC-25B replacements arrive. Trump highlighted its luxury features and new technology during remarks to service members.
Trump stated:
“We have communication equipment up there that nobody’s ever seen before. It’s the highest level and, uh, including Starlink. My friend Elon is going to be very happy, but, uh, Starlink and we have, uh, four or five different sets of double and triple communications like people haven’t seen.”
He added:
“And it represents what can happen with hard work, innovation, and aggressive timelines because we did this quickly and yet there’s never been communication like is on this plane.”
🚨 President Trump confirmed today that the new Air Force One is equipped with Starlink:
“We have communication equipment up there that nobody’s ever seen before, it’s the highest level and including Starlink…my friend Elon is going to be very happy.” pic.twitter.com/IhkDmtr5hL
— TESLARATI (@Teslarati) June 20, 2026
The aircraft features a redesigned red, white, and blue livery and has been outfitted with Starlink satellite connectivity alongside other secure systems.
Trump praised the plane’s uniqueness, calling it among the world’s most luxurious. The gift from Qatar and subsequent modifications have drawn attention, with the jet positioned as a solution for presidential travel. It is expected to support operations, including potential ceremonial roles such as Fourth of July flyovers.
The event marked the formal introduction of the converted jet, which will help maintain capabilities while the primary Air Force One fleet undergoes modernization. Defense observers note the inclusion of commercial satellite technology like Starlink as part of efforts to ensure resilient communications, crucial to keep the country running as the President is in the sky.
President Trump’s comments underscored appreciation for rapid upgrades and innovation in equipping the aircraft. The plane remains a U.S. government asset and is slated for eventual transfer related to presidential library purposes after its service.
Tesla just gave what is perhaps its biggest signal yet that the launch of the Cybercab, its autonomous ride-hailing-geared car, is imminent.
The Cybercab has been spotted outside of Gigafactory Texas in massive numbers over the past few days, with hundreds of units being stored on property just days after the vehicle received a Certificate of Conformity from the EPA.
Today, things were a bit different.
Cybercabs spotted on Giga Texas property today had an addition: a Cybercab decal on the side, reminiscent of the “Robotaxi” ones that were placed on Model Ys just as the company launched its ride-sharing platform about a year ago.
Giga Texas drone operator Joe Tegtmeyer noticed the change today:
Tesla Cybercabs are now getting “Cybercab” logos on the side of them!
Tesla did the same with Model Ys that were given “Robotaxi” logos: https://t.co/DanANtw1m7 pic.twitter.com/FqOhH0S9Ks
— TESLARATI (@Teslarati) June 19, 2026
Tesla could be signaling that the Cybercab is preparing to enter the Robotaxi fleet in the coming weeks or months with this move. It seems more symbolic than anything; Tesla is ready to throw Cybercabs in the ride-hailing platform just as it did with Model Ys last year.
The addition of the Certificate of Conformity awarded to the Cybercab is another major factor working to Tesla’s advantage. The company now has permission from the EPA to allow the vehicle to operate on public roads and enter the chain of commerce. It’s officially street legal.
Tesla Cybercab specs revealed: range, curb weight, range ratings, and more
The big question that remains is whether Tesla will be able to operate the car without a safety monitor, especially considering it plans to put the car out there without a steering wheel or pedals. With the Cybercab only having a seating capacity of two, it is hard to believe Tesla will even consider putting a Safety Monitor in the car.
It did recently self-certify as Level 4 and has the ability to operate driverless vehicles in the State of Texas under a law that took effect on May 28. You can read more about that here:
Tesla’s Robotaxi dreams just took a massive step toward reality
We’d imagine Cybercabs will be on the roads as soon as July, but August will likely be a better estimate of when the car will be entered into the Cybercab fleet. It all depends at where Tesla is, as they’ve truly prioritized safety with the rollout of the Robotaxi platform.
Elon Musk has publicly questioned Moody’s credit assessments following the rating agency’s decision to assign SpaceX a Baa1 investment-grade rating, two notches above Tesla’s Baa3. The comments came amid discussions comparing the two companies’ financial profiles.
SpaceX earned its first-time Baa1 rating with a stable outlook from Moody’s. The agency highlighted the company’s leadership in orbital launches, the growing recurring revenue from its Starlink satellite network, strong vertical integration, U.S. government contracts, and emerging opportunities in AI infrastructure.
These factors were cited as supporting robust cash flows, margin expansion, and financial flexibility.
Musk responded directly: “Tesla’s credit rating is ridiculously low tbh,” and added, “Yeah, makes no sense. Tesla has over $40B in cash, no debt, and is consistently profitable!” His remarks underscored Tesla’s balance sheet strength and profitability at a time when many traditional automakers continue to report losses in the shift to electric vehicles.
Yeah, makes no sense.
Tesla has over $40B in cash, no debt and is consistently profitable!
— Elon Musk (@elonmusk) June 19, 2026
Tesla maintains a leading position in the global EV market, with diversification into energy and storage, battery technology, and robotics through projects like Optimus. Recent financial updates show the company generated positive free cash flow of $1.4 billion in Q1 2026, supported by operating cash flow of $3.9 billion. Cash and short-term investments stood at approximately $44.7 billion.
Moody’s has affirmed Tesla’s Baa3 issuer rating with a stable outlook in periodic reviews, acknowledging the company’s EV leadership, technology strengths, including AI for autonomous vehicles, solid profitability, and strong liquidity.
Tesla (TSLA) scores Baa3 Moody’s rating for ‘stable’ outlook
However, the agency has also noted challenges in the automotive segment and expectations for margin pressures.
Musk’s critique highlights a common debate about how traditional rating methodologies apply to high-growth, capital-intensive technology companies. SpaceX benefits from long-term government-backed contracts and diversified, recurring revenue streams, while Tesla’s valuation reflects heavy investment in future technologies such as autonomy and robotics.
Both ratings remain investment-grade, yet the one-notch difference has fueled online discussion about potential inconsistencies in evaluating innovative firms.
The exchange comes as SpaceX explores financing options following its recent valuation milestones, while Tesla continues executing on its multi-year roadmap. Musk’s pointed response serves as a reminder that credit ratings, though influential for borrowing costs, represent one lens through which markets assess corporate strength—and that company leaders often view their financial positions through the lens of long-term innovation and cash generation rather than short-term risk metrics alone.
President Trump touts new Air Force One with Musk technology
Tesla Cybercab launch is imminent after latest sighting at Giga Texas
