News
Tesla is gathering the pieces for an Alien Dreadnought 2.0 attempt at Fremont
Recent construction permits filed for the Fremont Factory suggest that Tesla is looking to improve the massive electric vehicle production facility’s automation even further. With the plant’s ongoing improvements, it almost seems like Tesla is about to attempt yet another crack at Elon Musk’s once-failed initiative: the “Alien Dreadnought” factory.
The Fremont factory has caught the attention of the nation in the past weeks, as Elon Musk and Tesla locked horns with officials from Alameda County who insisted that the facility remain shut even after California moved to its Stage 2 response for the ongoing pandemic. After a lawsuit, an act of bold defiance from the CEO, some strong words from a CA Assemblywoman against Musk, and support coming from both sides of the political spectrum, the plant was finally allowed to formally return to its normal operations.
But even during the shutdown, Tesla has been exhibiting signs that it intends to improve the Fremont factory. Permits for paint shop improvements were filed, for example, and similar documents were submitted for upgrades in the facility’s vehicle production lines. These lines were speculated to be allotted for Model Y production, which would allow the company to produce the all-electric crossover en masse without any issues.

Just recently, Tesla also filed building permit applications for the addition of “MINO robot riser anchorage structural package” and “MINO Equipment and fixture anchorage” for the Fremont Factory. These may seem a bit understated, though a look at MINO’s expertise provides a notable hint at what Tesla may be planning for its main EV production facility in the United States.
MINO Automation is a firm that provides fully integrated automation production systems that are tailor-fit for its clients. As per the company’s website, MINO specializes in Body in White (BIW) manufacturing systems that concentrate on body framing, laser application, sealing, hemming, resistance welding, and automated stranger systems. MINO works with FANUC Robotics as well, which are also being utilized by Tesla.

A look at Tesla’s recent building permit applications for the Fremont factory shows that the electric car maker is set on improving its plant, and it is also doing what it can to raise its automated processes. Just as Elon Musk intended during the Model 3’s initial delivery event, more automation would likely result in a smooth production ramp. This, of course, is especially important with the Model Y, Tesla’s highest-volume EV to date.
Those who have followed Tesla over the years would know that the company had already attempted an extremely-automated vehicle production approach in the past. Dubbed as Elon Musk’s “Alien Dreadnought” initiative, the program, which was intended for the Model 3, was supposed to be Tesla’s big breakthrough for vehicle production.
Alas, history would show that this was not meant to be, as issues with the over-automated line eventually forced Tesla to adopt a more human-centered approach to Model 3 manufacturing. Even Elon Musk eventually stated that humans are ultimately “underrated.”

But Tesla today is not the same as the company as it was during the early days of the Model 3’s production ramp. Today, Tesla is an experienced mass-manufacturer of electric cars, having produced thousands upon thousands of Model 3 sedans last year. And the company is nowhere near done. Over in Shanghai, Tesla China is attempting to ramp its local Model 3 production at a pace that far exceeds the company’s operations in Fremont.
With this in mind, there seems to be no better time to attempt yet another crack at a hyper-automated factory than today. The Model Y is the perfect vehicle for such an initiative, considering that the crossover is a high-volume car that’s designed to be built in a simple and efficient manner. As per the findings of automotive teardown specialist Sandy Munro, the Model Y seems to be designed for automation, from its rigid wiring systems that are friendly to robots, to its giant casts that eliminate unnecessary parts.
Time will tell if Elon Musk and Tesla are going to attempt another Alien Dreadnought for the Fremont factory. But either way, the remaining months of the year will likely see the California-based electric car production facility manufacturing vehicles at a volume that has never been witnessed before.
Elon Musk
SpaceX (SPCX) IPO is live today at $135: Here’s exactly what you need to know
SpaceX priced its historic IPO at $135 per share today, raising a record $75 billion.
SpaceX officially priced its initial public offering at $135 per share, offering 555,555,555 shares of Class A common stock and raising $75 billion in what is the largest IPO in stock market history. Shares are set to begin trading on the Nasdaq Global Select Market on Friday, June 12, under the ticker symbol SPCX. The previous record holder was Saudi Aramco’s 2019 offering at $29 billion, followed by Alibaba’s $22 billion offering in 2014.
At $135 per share and roughly 555.6 million shares, the implied valuation sits near $1.75 trillion, which would make SpaceX roughly the seventh largest company in the United States, just above Tesla’s current market cap. Regular investors can request shares at the IPO price through Robinhood, Fidelity, Charles Schwab, SoFi, and E*TRADE, though the deal is heavily oversubscribed and most retail allocations will be partial or unfilled. Once trading opens June 12, anyone with a brokerage account can buy SPCX on the open market.
SpaceX’s amended S-1 is sparking a major Tesla merger conversation
The valuation is anchored primarily by Starlink. Starlink crossed 10 million subscribers as of February 2026 and is adding 750,000 to 1.5 million new users per month, with the connectivity segment already posting a $1.19 billion profit last quarter. The offering also bundles in xAI following SpaceX’s all-stock merger earlier this year, adding Grok and the Colossus supercomputer to the investment thesis. As Teslarati reported, Starlink ended 2025 with $10 billion in revenue, a figure analysts project could reach $24 billion by end of 2026.
Wedbush analyst Dan Ives has been vocal in his support. “I think the time is right,” Ives said, adding that the offering expands the Elon Musk ecosystem rather than competing with Tesla. An average 12-month price target of $165 per share represents roughly 22% upside from the IPO price. Not everyone agrees – Motley Fool noted xAI is spending $1 billion per month playing catch-up to OpenAI and Anthropic.
Musk founded SpaceX in 2002 with a single stated purpose. “Elon founded SpaceX with a goal to change humanity, to make us a multi-planet species,” CFO Bret Johnsen said in the company’s retail roadshow video this week. Musk himself has been more direct: “We are building the systems and technologies necessary to provide global connectivity on Earth and beyond, to understand the true nature of the universe, and to extend the light of consciousness to the stars.”
Investor's Corner
Tesla unfolded its first European “folding Supercharger”
Tesla’s folding Supercharger just arrived in Europe and it changes how fast charging expands.
Tesla’s Folding Unit Supercharger has officially landed in Europe, with the company teasing a new installation in its effort for a broader rollout targeting major motorway rest stops across the European continent in Q3 2026. The arrival marks a notable shift in how Tesla is thinking about network expansion, moving from hardware performance alone to engineering the logistics chain itself.
While Tesla did not reveal the exact location for the new folding Supercharger in Europe, the photo shared on X heavily suggests that this maybe somewhere in Norway. Historically, whenever Tesla rolls out an entirely new infrastructure architecture in Europe, whether it was the original Supercharger stalls years ago or these brand-new modular V4 “Folding Units”, Norway is almost always the designated launch pad because of its unmatched EV adoption rate and supportive infrastructure
The Folding Unit, introduced in March 2026, is a factory pre-assembled V4 charging station built on an industrial hinge system mounted to a heavy-duty concrete base. The entire assembly arrives on site ready to unfold and connect. Tesla confirmed the units feature telescopic light poles specifically designed for easy transportation and fast on-site deployment, a detail that signals how carefully the logistics chain has been engineered alongside the hardware itself. The design allows 33% more stalls per delivery truck, cuts installation time roughly in half, and reduces overall deployment costs by more than 20% compared to traditional installations.
Tesla’s newest “Folding V4 Superchargers” are key to its most aggressive expansion yet
Tesla also noted telescopic light poles which provide benefits over traditional Supercharger installations that require fixed-height poles that are awkward to ship, slow to position on site, and often require separate crews and equipment to erect before charging hardware can even be staged. By engineering poles that compress for transit and extend on arrival, Tesla has removed one of the quieter bottlenecks in the physical deployment process. Every hour saved on a light pole installation is an hour redirected toward getting stalls energized. At scale, across dozens of new sites per quarter, those hours add up to a meaningful acceleration in how quickly a location goes from approved permit to serving its first customer.
Each Folding Unit pairs a single V4 power cabinet with eight charging posts. The V4 cabinet delivers up to 500 kW per stall for passenger vehicles and up to 1.2 MW for the Tesla Semi, supporting twice the stalls per cabinet at three times the power density of its predecessor. Longer cables make every new station immediately usable by non-Tesla vehicles, a priority as Tesla continues opening its network to Ford, GM, Rivian, Hyundai, Stellantis, and others.
As Teslarati reported when the Folding Unit was first unveiled, Tesla’s Gigafactory New York produced its final V3 Supercharger cabinet in March 2026 after more than seven years and 15,000 units, completing a full pivot to V4 production. The European arrival of the folding design is the next chapter in that transition.
Faster and cheaper deployment means Tesla can justify building in markets and corridors that were previously too expensive to serve, filling the coverage gaps that have slowed EV adoption outside major urban centers.
First Folding Unit Superchargers in Europe 🇪🇺 https://t.co/KNfYWJukkL pic.twitter.com/YR1udIpH1i
— Tesla Charging (@TeslaCharging) June 10, 2026
News
Tesla stuns with another FSD approval in Europe, its second in two days
Tesla has stunned by gaining yet another approval for its Full Self-Driving suite in Europe, its second in two days and its fifth overall.
Belgium will be the latest country to allow Tesla owners to utilize FSD on public roads in Europe, joining a quickly growing list that started with the Netherlands, Lithuania, and Estonia.
On Tuesday, Denmark announced its approval of the FSD suite, which has now been followed by Belgium just one day later.
The country’s Minister of Mobility, Annick De Ridder, announced the approval on her X account, stating that she had just signed the approval of Tesla FSD. It now goes to the country’s homologation department for the last step of the approval process.
De @Tesla community houdt hier al geruime tijd de vinger aan de pols over de toelating voor de FSD-technologie op onze Vlaamse en Belgische wegen.
Uit waardering voor jullie niet-aflatende interesse (en aanmoediging 😉), krijgen jullie hierbij de primeur: ik heb net de toelating… pic.twitter.com/Yrps4OHTj8— Annick De Ridder (@AnnickDeRidder) June 10, 2026
The Belgian approval is one of mighty importance because it truly shows how quickly countries in Europe could greenlight the FSD suite consecutively. Approvals are already coming in relatively quickly, which is a great sign.
Perhaps the next big development that could come from FSD approvals in Europe is an approval from a country like England, Italy, France, Spain, or Germany. It would be something to see how FSD would perform in a major European metro, such as London, Barcelona, Madrid, Paris, Rome, or Berlin.
Getting Full Self-Driving in Spain and England will be such huge milestones for Tesla. I am so excited to see how FSD performs in Madrid, Barcelona, and London, specifically.
The ultimate test will always be Mumbai or New Delhi. Excited for India’s eventual approval! https://t.co/paw9Ch1qmL pic.twitter.com/9RdDERVSSJ
— TESLARATI (@Teslarati) June 9, 2026
Full Self-Driving does an excellent job of roaming around major U.S. cities like New York and Los Angeles, but other high-profile international cities of significance would truly mark a line in the sand for Tesla, which can simply enable any vehicle in its customer-owned fleet to run FSD with the correct approvals.