News
Tesla Truck Unveil: Event details for November 16
Tesla has begun to send official email invitations to attend its upcoming truck unveiling event, to be held on Thursday, November 16 from the company’s Design Center in Hawthorne, California.
The invitation teases with a new photo of the semi-truck that’s taken from the front three-quarter angle. While we’re not able to see much of the vehicle beyond the large wind deflector that’s mounted above the main cabin and the attached tractor, the silhouette resembles the shape of a presumed Tesla’s Semi that was captured in a recent spy photo.
Details for the Tesla Truck event are as follows:
Date and location
- Tesla Truck Unveil on Thursday, November 16 at the Jet Center Los Angeles in Hawthorne, CA.
- Doors open at 7 PM
- Food and drinks will be served beginning at 7 PM
- Remarks will begin at approximately 8 PM
Reminders
- Invitations are non-transferable and IDs will be checked upon arrival
- The event will be held both indoors and outdoors, we recommend light outerwear in case of cooler weather
Parking and Charging
- Parking and shuttles will be available in the Lowe’s parking lot, near the intersection of W 120th Street and Wilkie Avenue. There will be no event parking available at the Jet Center.
- A parking pass will be required to enter the parking lot. Tesla will email attendees a parking pass and an event map prior to the event.
- Vehicle charging will not be available on site. Due to high traffic at the Los Angeles (Design Center) Supercharger location, please plan for limited charging.
- The closest Supercharger locations are in Culver City and Redondo Beach.
Accommodations
Please note, guests are responsible for the cost of their travel to and from the event. Reduced rates are available at the following nearby hotels. We recommend booking your room as soon as possible.
- Beverly Hills Marriott
- Crowne Plaza Redondo Beach & Marina
- Sheraton Gateway Los Angeles Airport
- The Waterfront Beach Resort
- Westin Los Angeles Airport

Photo credit: Ben Sullins of Teslanomics
Tesla announced in June of 2016 through the company’s second Master Plan that it intended to expand beyond consumer vehicles and into the heavy-duty trucking industry. “We believe the Tesla Semi will deliver a substantial reduction in the cost of cargo transport, while increasing safety and making it really fun to operate.” said Tesla.
Recent reports peg the electric hauler to have a battery range between 200 to 300 miles and capable of autonomous ‘platooning’. Musk also revealed earlier in the year that the ‘seriously next level’ truck will take on the heavy duty long-range trucking sector and can be driven like a “sports car”.
“A lot of people don’t think you can do a heavy duty long-range truck that is electric. But, we are confident that this can be done.” said Musk during Tesla’s 2017 Shareholder meeting.
Tesla’s Semi truck program is being led by industry veteran Jerome Guillen, Tesla’s VP of Trucks and Programs. Having previously worked at Daimler and served as General Manager of New Product Development at Freightliner Trucks, Guillen will without doubt apply his extensive background in long-haul trucking to the company’s newest endeavor.
Elon Musk
Music City Loop could highlight The Boring Company’s real disruption
The real story behind the tunneling startup’s Nashville tunnel project is the company’s targeted $25 million per mile construction cost.
Recent commentary on social media has highlighted what could very well prove to be The Boring Company’s real disruption.
The analysis was shared by tech watcher Aakash Gupta on social media platform X, where he argued that the real story behind the tunneling startup’s Nashville tunnel project is the company’s targeted $25 million per mile construction cost.
According to Gupta’s breakdown, Nashville’s 2018 light rail proposal was priced at roughly $200 million per mile. New York’s East Side Access project reportedly cost about $3.5 billion per mile, while Los Angeles Metro expansion projects have approached $1 billion per mile.
By comparison, The Boring Company has stated it can construct 13 miles of twin tunnels in the Music City Loop for between $240 million and $300 million total. That implies a cost near $25 million per mile, or roughly a 95% reduction from industry averages cited in the post.
Several technical departures from conventional tunneling allow the Boring Company to lower its costs, from its smaller 12-foot diameter tunnels to its fully electric Prufrock machines that are designed to mine continuously with no personnel inside the tunnel and their capability to “porpoise” for easy launch and retrieval.
Tesla and Space CEO Elon Musk responded to the post on X, stating simply that “Tunnels are so underrated.”
The Boring Company has seen some momentum as of late, with the company recently signing a construction contract in Dubai and the Universal Orlando Loop progressing. Recent reports have also pointed to tunnels potentially being constructed to solve traffic congestion issues near the Giga Nevada area.
While The Boring Company’s tunnels have so far been used for Loop systems publicly for now, Elon Musk recently noted that the tunneling startup’s underground passages would not be limited only to ride-hailing vehicles.
In a reply to a post on X which discussed the specifications of the Music City Loop, Musk clarified that “any fully autonomous electric cars can use the tunnels.” This suggests that vehicles potentially running systems like FSD Supervised, even if they are not Teslas, could be used in systems like the Music City Loop in the future.
Elon Musk
SpaceX IPO could push Elon Musk’s net worth past $1 trillion: Polymarket
The estimates were shared by the official Polymarket Money account on social media platform X.
Recent projections have outlined how a potential $1.75 trillion SpaceX IPO could generate historic returns for early investors. The projections suggest the offering would not only become the largest IPO in history but could also result in unprecedented windfalls for some of the company’s key investors.
The estimates were shared by the official Polymarket Money account on social media platform X.
As noted in a Polymarket Money analysis, Elon Musk invested $100 million into SpaceX in 2002 and currently owns approximately 42% of the company. At a $1.75 trillion valuation following SpaceX’s potential $1.75 trillion IPO, that stake would be worth roughly $735 billion.
Such a figure would dramatically expand Musk’s net worth. When combined with his holdings in Tesla Inc. and other ventures, a public debut at that level could position him as the world’s first trillionaire, depending on market conditions at the time of listing.
The Bloomberg Billionaires Index currently lists Elon Musk with a net worth of $666 billion, though a notable portion of this is tied to his TSLA stock. Tesla currently holds a market cap of $1.51 trillion, and Elon Musk’s currently holds about 13% to 15% of the company’s outstanding common stock.
Founders Fund, co-founded by Peter Thiel, invested $20 million in SpaceX in 2008. Polymarket Money estimates the firm owns between 1.5% and 3% of the private space company. At a $1.75 trillion valuation, that range would translate to approximately $26.25 billion to $52.5 billion in value.
That return would represent one of the most significant venture capital outcomes in modern Silicon Valley history, with a growth of 131,150% to 262,400%.
Alphabet Inc., Google’s parent company, invested $900 million into SpaceX in 2015 and is estimated to hold between 6% and 7% of the private space firm. At the projected IPO valuation, that stake could be worth between $105 billion and $122.5 billion. That’s a growth of 11,566% to 14,455%.
Other major backers highlighted in the post include Fidelity Investments, Baillie Gifford, Valor Equity Partners, Bank of America, and Andreessen Horowitz, each potentially sitting on multibillion-dollar gains.
News
Tesla expands global FSD (Supervised) testing with Abu Dhabi trials
The program marks the emirate’s first formal testing framework for Tesla’s supervised autonomous driving technology.
Tesla has started its first Full Self-Driving (Supervised) road trials in Abu Dhabi under the oversight of the Integrated Transport Centre, also known as Abu Dhabi Mobility.
The program marks the emirate’s first formal testing framework for Tesla’s supervised autonomous driving technology.
FSD (Supervised) road trials are being conducted with the support of the Smart and Autonomous Systems Council and in coordination with the Legislation Lab at the General Secretariat of the UAE Cabinet.
Dr. Abdulla Hamad AlGhfeli, Acting Director General of the Integrated Transport Centre (Abu Dhabi Mobility), highlighted the agency’s regulatory role in overseeing the FSD (Supervised) tests in a press release.
“The supervision of the Integrated Transport Centre (Abu Dhabi Mobility) over the commencement of Tesla’s advanced autonomous driving technology tests reflects its regulatory and legislative role. These tests represent a qualitative step to evaluate the technology’s performance in a real-world operating environment and to collect the necessary data to verify its readiness before any future expansion in usage.
“Through this organized framework, and in cooperation with strategic partners, we seek to achieve a balance between supporting innovation and encouraging the adoption of smart solutions on one hand and ensuring the safety of road users on the other, in line with the emirate’s direction to develop an advanced, safe, and sustainable transport system,” he said.
Tesla is putting a lot of effort into expanding the rollout of FSD (Supervised) to territories outside in the United States. During a recent interview with Giga Berlin plant manager Andre Thierig, Musk stated that Tesla is looking to secure approval for FSD (Supervised) in the Netherlands this coming March.
“Tesla has the most advanced real-world AI, and hopefully, it will be approved soon in Europe. We’re told by the authorities that March 20th, it’ll be approved in the Netherlands,’ what I was told. Hopefully, that date remains the same. But I think people in Europe are going to be pretty blown away by how good the Tesla car AI is in being able to drive,” Musk stated.