

News
Tesla Cybertruck spotted towing Elon Musk statue in Texas
A Tesla Cybertruck was seen towing a trailer with a statue of Elon Musk in Texas over the weekend, though the story behind the bust is not entirely clear as of yet.
On Sunday, X user S.E. Robinson Jr. shared video footage of the Musk statue and Cybertruck, as taken by Sandra Helena Garcia in Brownsville, Texas. The Cybertruck appears to be covered in the matte black wrap, and the sighting takes place near SpaceX’s Starbase in Texas.
Credit: Sandra Helena Garcia (via S.E. Robinson Jr. on X)
W T H… Elon spotted around Brownsville ?
? by Sandra Helena Garcia pic.twitter.com/cFPAg6OoBz— S.E. Robinson, Jr. (@SERobinsonJr) August 18, 2024
Following the story, creators of the NFT ElonRWA said that they were responsible for the statue, though they did not yet disclose where it’s headed or what it’s for at the time of this update.
Musk donated $30 million to schools in Brownsville and Cameron County in 2021, and SpaceX has been building out a $100 million industrial factory at Starbase. Located at 52190 San Martin Blvd. in Brownsville, the site will eventually feature a five-story office building and what SpaceX has referred to as a “special use industrial factory” of around one million square feet.
The company has also announced plans to invest roughly $15 million into a shopping center in Brownsville, set to include a grocery store, a cafe, and a handful of retail shops at first. As part of the second phase of the project, the center will also get an outdoor deck overlooking the Rio Grande and an additional restaurant with around 3,500 square feet of indoor dining, and the completion target for the whole project was initially slated for the end of this year.
Earlier this month, a report from CNBC alleged that SpaceX’s Starbase had been polluting waters surrounding Texas, citing a violation from the Texas Commission on Environmental Quality (TCEQ) regarding the company’s water deluge system. In response, SpaceX posted on X saying that the story had been “factually inaccurate.” The company also added that it had been working with authorities from the TCEQ and the Environmental Protection Agency (EPA) and had been cleared to continue using the system due to its lack of harmful effects.
“Throughout our ongoing coordination with both TCEQ and the EPA, we have explicitly asked if operation of the deluge system needed to stop and we were informed that operations could continue,” SpaceX wrote on X. “TCEQ and the EPA have allowed continued operations because the deluge system has always complied with common conditions set by an Individual Permit, and causes no harm to the environment.”
Updated 8/19/24: Added response from ElonRWA, the group responsible for the statue.
Tesla Cybertruck spotted towing Starship Raptor engine at Starbase, TX
What are your thoughts? Let me know at zach@teslarati.com, find me on X at @zacharyvisconti, or send us tips at tips@teslarati.com.
Elon Musk
Analyst: Elon Musk’s $1 trillion Tesla pay deal modest against robot market potential
Jonas highlighted Tesla’s longer-term ambitions in robotics as a key factor in his assessment.

Morgan Stanley analyst Adam Jonas, one of Wall Street’s most ardent Tesla (NASDAQ:TSLA) bulls today, has described Elon Musk’s newly proposed $1 trillion performance-based compensation package as a “good deal” for investors.
In a note shared this week, Jonas argued that the package helps align the interests of Musk and Tesla’s minority shareholders, despite its shockingly high headline number.
Future market opportunities
Jonas highlighted Tesla’s longer-term ambitions in robotics as a key factor in his assessment. “Yes, a trillion bucks is a big number, but (it) is rather modest compared to the size of the market opportunity,” Jonas wrote. He added that the humanoid robot market could ultimately surpass the size of today’s global labor market “by a significant multiple.”
“We have entertained scenarios where the humanoid robot market can exceed the size of today’s global labor market… by a significant multiple,” Jonas wrote, as shared on X by Tesla watcher Sawyer Merritt.
The analyst likened the arrival of AI-powered robotics to the transformative effect of electricity, noting that “contemplating future global GDP before AI robots is like contemplating global GDP before electricity.” The Morgan Stanley analyst’s insights align with the idea that as much as 80% of Tesla’s future valuation could be tied to its Optimus humanoid robot program.
Elon Musk’s pay package
Tesla’s board has tied Elon Musk’s proposed compensation package to some of the most ambitious targets in corporate history. The 2025 CEO Performance Award requires the automaker’s valuation to soar from roughly $1.1 trillion today to $8.5 trillion over the next decade, a level that would make Tesla the most valuable company in existence.
The plan also demands a leap in Tesla’s operating profit, from $17 billion in 2024 to $400 billion annually. It also ties the CEO’s compensation to a number of product milestones, including the delivery of 20 million vehicles in total, 10 million active Full Self-Driving subscriptions, 1 million Tesla Bots, and 1 million Robotaxis in operation. Tesla’s board emphasized that Musk’s leadership was fundamental to achieving such ambitious goals, with Chair Robyn Denholm noting the award would align the CEO’s incentives with long-term shareholder value.
News
Tesla China posts strongest registrations of Q3 so far with first Model Y L deliveries
Tesla posted 14,300 insurance registrations in China during the week of September 1–7.

Tesla posted 14,300 insurance registrations in China during the week of September 1–7, a 14.4% increase from the previous week’s 12,500 units.
The figure marks Tesla’s highest weekly performance so far this quarter so far, despite the company’s year-over-year figures still being below 2024’s numbers.
Weekly registrations
The week’s registrations broke down to 5,000 Model 3s and 8,400 Model Ys, including the first 900 units of the newly launched Model Y L variant, as per estimates from industry watchers. On a quarterly basis, Tesla China is tracking 41.3% growth compared to the previous quarter, which bodes well for the company’s results this Q3 2025.
For the month of August, Tesla sold 57,152 vehicles in China, down 9.93% from the same period in 2024 but up 40.7% from July’s 40,617 units, according to the China Passenger Car Association (CPCA). Year-to-date, Tesla’s China sales are 7.2% lower compared to the previous year.
Model Y L first deliveries
The week ending September 7 was the first week that included the newly released Model Y L, a six-seat extended wheelbase version of the company’s best-selling all-electric crossover. Industry watchers estimate that last week, the first 900 units of the Model Y L have been registered, though this number is expected to increase in the coming weeks as deliveries of the vehicle hit their pace.
Citing information from a Tesla store in Beijing, Chinese media outlet Cailianshe stated that the Model Y L has been seeing a lot of interest among car buyers. “(The Model Y L) is selling very well. Since its launch, 120,000 orders have been received, with nearly 10,000 orders placed every day. The first batch of customers began receiving deliveries in the past two days,” a Tesla representative stated.
News
Tesla launches MultiPass to simplify charging at non-Tesla stations
With the new service, Tesla owners can activate charging either through the Tesla app or by using their existing Tesla key card.

Tesla has introduced MultiPass, a new feature that allows owners to use their Tesla account to charge at non-Tesla charging stations.
The service launched this week in the Netherlands, giving drivers the ability to find chargers, start sessions, and view charging history directly within the Tesla app.
Streamlining third-party charging
With MultiPass, Tesla owners can activate charging either through the Tesla app or by using their existing Tesla key card. This eliminates the need for separate accounts or additional cards from third-party networks. Tesla Charging highlighted the convenience of managing charging sessions in one location in a post on X, while Max de Zegher, Tesla’s Director of Charging for North America, emphasized that the update removes unnecessary friction.
“Nobody likes creating more accounts with payment details and passwords. For charging, this can even mean needing a third-party charging card mailed to your house. Starting in the Netherlands today, your Tesla App and your existing (!) Tesla keycard can start charging at third-party chargers. We’ll expand this to more countries quickly if customers love it. To make ownership effortless, the Tesla App should really be the only thing you need,” the Tesla executive wrote in a post on X.
Third-party payments and a familiar name
Tesla owners could pay for their third-party charging session with their Tesla accounts, as per the electric vehicle maker on its official website. Payments are drafted from users’ default payment method in the Tesla App, though charging costs will still vary depending on the third-party charger that is used.
Interestingly, the MultiPass name also echoes a pop culture reference. In the 1997 sci-fi film The Fifth Element, Leeloo Dallas-505 carried a futuristic “Multipass” smart card that functioned as her ID, passport, and ticket to space travel. Her accented repetition of “Multipass!” became one of the film’s most memorable lines, and it highlighted the card’s all-in-one convenience.
Tesla has not provided a timeline for Multipass’ U.S. rollout, though the service could become an important addition to the growing but often fragmented landscape of DC fast charging.
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