Tesla says an Australian automotive industry lobby group is attempting to delay climate action by making false claims about the government’s clean car policy.
The EV maker reportedly said that the Federal Chamber of Automotive Industries (FCAI), the main auto industry lobby group in Australia, is actually attempting to increase emissions by 2030, instead of reducing them, by using a variety of falsehoods to mislead the public.
Tesla is a part of the FCAI, holding a board seat, and is an active lobby group member.
However, a report from The Guardian states that Tesla is claiming the FCAI is running a “concerted public campaign” against the government’s clean car policy by aligning with automakers who want to delay action on the climate crisis.
The FCAI has several members that have ambitious climate goals, including Ford, Volvo, Mercedes-Benz, and Jaguar Land Rover. Each of these companies have stated they will eliminate ICE production and sales in 2035.
Tesla said in a submission to the government that the FCAI’s job was to represent the views of its members, but instead, it accused the group of only aligning with those who wished to delay action against the climate crisis.
The report states that Tesla also openly discussed within the FCAI that the lobby group would not cut emissions prior to 2030.
The company also said the FCAI planned to increase vehicle emissions by 25 percent between 2024 and 2030. Before writing the submission, Tesla said the calculation was mentioned to the FCAI and asked if it had “missed anything.” The FCAI said that Tesla did not mention the review process.
According to the report, Tesla interpreted this as the FCAI was ready to allow emissions to increase by 2030. However, details could be changed down the road.
“The FCAI knew that its targets would actually allow carmakers to increase emissions because of enormous loopholes that create hundreds of thousands of electric vehicles that only exist on paper,” Tesla said in the submission, which was seen by The Guardian.
“Tesla is both a member of the FCAI and represented on its board, so it’s important that Tesla makes clear its disagreement with the submission made by the FCAI to this review, and with false claims it has made in the public discussion of vehicle standards,” the company also wrote.
The FCAI said in response to Tesla’s submission that wants to continue supporting automakers and their goals to reduce carbon emissions from vehicles.
Tesla’s submission also included several claims that the FCAI made false statements that dealt with pricing of its vehicles and had used misleading emissions figures with vehicles.
Tesla claims the FCAI said the company would reduce prices of “two popular EV models,” likely the Model 3 and Model Y, by $15,000. Tesla called this “a nonsensical claim.”
Additionally, it said it based emissions calculations that it gave various media outlets on the most polluting type of the country’s most popular vehicles:
“For example, when looking at the Ford Ranger it chose only its most polluting variant, the Raptor, which emits 262 grams of CO2 per kilometre. But the government’s Green Vehicle Guide last year listed 42 variants of Ranger, including 20 that emitted less than 200g/km.”
Tesla also said the FCAI misrepresented how a new efficiency standard would work, stating that differences in the emissions limit and how much a vehicle actually omitted would result in a raised sticker price. Instead, the penalties would not apply to cars on an individual basis. They would apply to the companies who make the cars.
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.
Elon Musk
Elon Musk responds to Volvo’s latest LiDAR decision
Tesla CEO Elon Musk has responded to reports that Volvo is officially discontinuing the LiDAR sensor on two of its cars.
Volvo announced that it would officially scrap LiDAR systems on its EX90 and ES90 vehicles in various markets. In Norway, owners will get a €1,800 compensation for features that will never arrive due to this decision. There will be no option to remove the unit from vehicles, either.
The issue stems from Volvo’s supplier, Luminar, and its bankruptcy filing. Luminar will no longer be able to supply LiDAR units to Volvo for the EX90 and ES90, effectively axing any use the unit has on vehicles. Volvo will phase out the data collection processes via the LiDAR system, and it will not be utilized whatsoever.
Musk saw the story on X and responded, stating:
“I did try to warn them. Humans drive using neural nets and optical sensors. Same is true for robot cars.”
I did try to warn them.
Humans drive using neural nets and optical sensors. Same is true for robot cars.
— Elon Musk (@elonmusk) July 29, 2026
Musk has been publicly vocal about his disdain for LiDAR systems, once calling them “a fool’s errand,” as he has consistently kept the outlook that they are not needed for effective self-driving.
The typical example used as evidence for this by Musk is humans themselves: made with only eyes and memories, humans are capable of navigating a car by using what they can see and what they’ve personally experienced on the road.
Elon Musk argues lidar and radar make self driving cars more dangerous
“Same is true for robot cars,” Musk says, as Teslas have eight exterior cameras that help see everything surrounding the vehicle, and a neural network that analyzes behavior and tendencies with every mile driven.
Tesla is a vision-only self-driving company that ditched sensors and radar several years ago in favor of cameras. Behind this effort, the company has established a reputation for having one of the most robust self-driving platforms in the world.
Musk’s big bet with Tesla on its self-driving program’s strategy has widely paid off. Other companies continue to utilize things like LiDAR, radar, and sensors for effective self-driving, but Tesla has shown that there is more than one way to give consumers a strong and accurate driver assistance suite.
The real question is: who will be the first company to take Musk’s advice and attempt a self-driving platform based on cameras only, or even license FSD for themselves?

