News
Tesla China initiates recall for over 26k Model 3 and Model Y to address heat pump issue
Tesla China has initiated a recall for the Tesla Model 3 and Model Y over the vehicles’ possible heat pump issue, which could result in a degradation of windshield defrost performance. A total of 26,047 China-made Model 3 and Model Y are affected by the recall.
As per an announcement from China’s State Administration for Market Regulation (SAMR), a total of 12,003 Model 3 and 14,044 Model Y are affected by the heat pump recall. Vehicles that are affected by the potential issue are manufactured between December 28,2020, and January 15, 2022.
Following is the SAMR’s announcement and explanation of Tesla China’s recent recall of the Model 3 and Model Y.
“A few days ago, Tesla (Shanghai) Co., Ltd. recently filed a recall plan with the State Administration of Market Supervision and Administration in accordance with the requirements of the Defective Vehicle Product Recall Management Regulations and the Implementation Measures of the Defective Vehicle Product Recall Management Regulations. From now on, some domestic Model 3 (12,003 units) and Model Y (14,044 units) electric vehicles produced between December 28, 2020 and January 15, 2022 are recalled, totaling 26,047 units.
“The electronic expansion valve of the heat pump in some vehicles within the scope of this recall will move slightly when positioned, because the software (version 2021.44 to 2021.44.30.6) does not have a corrective function, which may cause the valve to partially open in the long term, the heat pump compressor to stop working and the heating function in the car to fail. In the above state, especially when the temperature outside the car is below -10 degrees, the windshield defrost system does not operate to achieve the defrost effect required by the relevant national regulations, and the defrost function decreases to adversely affect the driver’s vision, thus increasing the risk of collision when the vehicle is driven in cold weather, which is a safety hazard.
“Tesla (Shanghai) Co., Ltd. will carry out software upgrades for the vehicles within the recall area through the vehicle remote upgrade (OTA) technology, users do not need to go to the store to complete the recall; for vehicles that cannot be recalled through the vehicle remote upgrade (OTA) technology, Tesla (Shanghai) Co., Ltd. will contact the relevant users through the Tesla service center to upgrade the software for the vehicle free of charge to eliminate safety hazards.”
Similar to Tesla’s fix for the issue in the United States and Canada, the Model 3 and Model Y’s heat pump issue would be fixed through an over-the-air software update. That being said, the SAMR highlighted that while waiting for the heat pump fix, Tesla owners affected by the recall should make it a point to drive their vehicles with extreme caution. Tesla China would also be informing owners who are affected by the issue through registered mail, email, and other means. Tesla owners may also call the company’s China hotline to get information about the ongoing recall.

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Elon Musk
Elon Musk sheds two new bits of detail on Starship after 13th test launch
Elon Musk shed two new bits of detail on Starship following its 13th test launch, which was an overwhelming success.
SpaceX launched Starship for the 13th time last Friday after two delays: one on Monday when several Raptor engines did not ignite, and another on Thursday due to unfavorable weather conditions in Starbase, Texas.
The launch was overwhelmingly successful. SpaceX was able to complete a necessary test of the heat shield tiles by increasing the acceleration of Starship from launch throughout the flight; 20 Starlink v3 satellites were released with no issue; the Super Heavy Booster landed safely in the Gulf of America, Ship successfully reignited engines while in space; and it also splashed down without incident in the Indian Ocean.
SpaceX Starship just nailed something it’s never done before
Nevertheless, more details are coming out about Starship, and Musk is doing the talking.
Starship Will Be Retrieved in the Ocean
Musk revealed on Tuesday night that Starship would be recovered by a ship in the Indian Ocean. SpaceX routinely tries to recover Starship after splashdown in an effort to find out more about the flight by examining the spacecraft afterward.
We’re sending a ship out to recover Starship https://t.co/fUqUZTITO9
— Elon Musk (@elonmusk) July 28, 2026
This helps engineers find out more about why things might have happened, allows them to examine any potential damage or anomalies that might have occurred, and increases the chances of an even more successful flight next time thanks to the additional information recovered.
Ship Could Have Been Caught by Tower Arms, Musk claims
Musk has already indicated that SpaceX will plan to attempt a catch of Starship with the 14th test flight. While this would be a major accomplishment, it would be an expected next step, considering the fact that the Super Heavy Booster has already been caught by the chopsticks on numerous occasions.
The ship landing was precise, meaning that it would have been caught by the tower arms https://t.co/6nbNrRfX9P
— Elon Musk (@elonmusk) July 29, 2026
A ship catch would be a great indication of where SpaceX stands in terms of reusability and launch cadence. A successful catch with relatively no incidents would be a good sign that SpaceX is nearing a more frequent launch of Starship, but also that the reusability of the massive rocket would be something many would expect in the near future.
It is a necessity to make life multiplanetary.
Elon Musk
Elon Musk updates the SpaceX timeline for Mars
Elon Musk has updated his timeline for when humans will walk on Mars and for when ships will simply get there.
The objective of getting to Mars has been one of Musk’s biggest goals since becoming a serial entrepreneur and realizing that time on Earth is limited. Musk has said several times he hopes to die on Mars, and not by impact.
Musk now believes that people will be on Mars in “roughly 5 to 7 years.” He said that a Mars lander will get there “a few years sooner.”
People on Mars in roughly 5 to 7 years.
Mars lander a few years sooner.
— Elon Musk (@elonmusk) July 29, 2026
The response from Musk comes after NASA Administrator Jared Isaacman said that SpaceX’s biggest priority is the Moon and not Mars. Because of this, Isaacman conceded that he believes nuclear power and propulsion investments will provide “potentially the pathway with the fewest miracles required to put four people on Mars in the next 10 to 15 years.”
Of course, this is what NASA can do through taxpayer funding and nuclear investments, he added.
Musk’s grand ambitions are much more optimistic than most, and it is certainly a double-edged sword. This is not the first time timelines for Mars have been somewhat lofty, especially to those normal thinkers like you and me, not super geniuses like Musk.
In fact, the SpaceX and Tesla frontman has said on at least a dozen occasions that we could be on Mars in the coming years. Musk said 2020 would be the big year as early as 2009. In 2020, he was “highly confident” of a landing in 2026, and had even said 2024 in a best-case scenario.
The point is, the range has varied, and it’s anyone’s guess when we’ll get there. This latest adjustment to the timeline is typical of Musk, and while the Moon has seemingly taken priority over Mars, it is still worth mentioning that the ultimate goal is to make life multiplanetary, and it starts potentially with the Red Planet.
Investor's Corner
SpaceX gets an absolutely crazy price target after rough IPO
SpaceX (NASDAQ: SPCX) got an absolutely crazy price target rating from Raymond James after the company experienced a tough first few weeks following its Initial Public Offering (IPO).
Despite the tumultuous start, SpaceX has plenty of believers, and the company’s massively successful Starship launch last Friday, its 13th test flight of the massive rocket, went so smoothly that Raymond James analysts pushed its price target on the company to roughly 7 times its current trading level.
SpaceX Starship just nailed something it’s never done before
The firm officially put a “Strong Buy” rating and an $800 price target on the stock. It currently trades at around $113. Its all-time high is $225.64, reaching this trading level shortly after shares first went public.
Raymond James’ price target is tied to the firm’s confidence after Starship’s 13th test flight. Analysts at the firm said it was an incremental step that reduces engineering risks, citing the widely successful heat shield test that CEO Elon Musk recently detailed, the smooth deployment of Starlink V3 satellites, and a successful in-space engine relight.
SpaceX also managed to see Starship splash down safely in the Indian Ocean, while the Super Heavy Booster fell down to the Gulf of America with no incidents.
It is interesting to see these launches have such a tremendous impact on the stock and what investors think of it. After SpaceX initially delayed the Starship launch last week, shares fell tremendously. Most probably did not realize that the stand-down is a standard practice, especially if everything is not perfect.
The mission was initially aborted due to an issue with Raptor engines. This was resolved, and Starship launched last Friday after another delay on Thursday, which was caused by weather.
Now that analysts have seen what SpaceX launches are capable of and how impressive the feat is, firms are adjusting their price targets accordingly, making it known that they have high expectations for the space exploration company.

