News
Tesla FSD is the answer to concerns about EVs’ possible “added” road risks
A recent article from Slate has brought up a rather interesting concern about electric vehicles and their wide adoption. Since electric cars tend to be a lot heavier than their combustion-powered counterparts, there is a nonzero chance that they could actually be more dangerous to pedestrians in the event of a crash. Tesla FSD could be the answer to these concerns.
There is an uncomfortable truth in the United States, and that is the fact that road fatalities are climbing. The National Highway Traffic Safety Administration (NHTSA), for one, noted that American road deaths soared during Q1 2022, rising 7% to 9,560 fatalities, the highest quarterly toll since 2002. The numbers are sobering, as they suggest that compared to pedestrians in countries like France and Canada, Americans are more than twice as likely to die in a crash.
There are quite a few factors behind these disturbing statistics, but one of them is believed to be the prevalence of overly large and heavy vehicles like full-size trucks and SUVs. While trucks are generally designed for work, full-sized pickups are now widely used by casual drivers to the point where some pickups barely see a day of legitimate work. SUVs are also all the rage. But while these vehicles could be quite safe for those inside them, they are a nightmare for the pedestrians that they might hit in the event of an accident.
As noted by Slate, one study actually found that the shift to SUVs over the past couple of decades ended up leading to over 1,000 more pedestrian deaths. Now, it should be noted that these large vehicles are already overly heavy with an internal combustion engine. When they are powered by a giant battery pack and equipped with electric motors, they become even heavier and a whole lot faster. The over-9,000-pound Hummer EV is the poster child of this, as the behemoth is capable of hitting highway speeds in about 3.3 seconds.
But inasmuch as these concerns are valid, heavy electric vehicles are only really just as dangerous as their drivers and safety features. Tesla has been making overly-heavy and ridiculously-fast sedans and crossovers for many years, yet its vehicles constantly rank among the safest on the road. This is due in no small part to the company’s active and passive safety features, which are standard on every Tesla that gets built at each of the company’s vehicle factories, both in the United States and abroad.
And coupled with Tesla’s FSD software, the risks for heavy electric vehicles are likely even less. Behind all the drama and smear campaigns targeted toward the advanced driver-assist system, after all, FSD is an incredibly cautious system that takes pedestrian safety as a top priority. Tests of Tesla FSD Beta releases have shown this time and time again — the system always keeps people around the car as safe as possible.
The use of systems like FSD Beta would likely be more widespread as the adoption of electric vehicles becomes more prevalent. Teslas would likely continue to be among the safest vehicles on the road, despite the company likely producing one of the heaviest vehicles on the market in the Tesla Semi. Fortunately, Tesla does seem to be open to the idea of having its software, like Autopilot, licensed to other automakers. This means that Tesla’s stellar safety systems could be rolled out to more vehicles, including those beyond the reach of the company’s products.
This, however, would require other automakers to admit that Tesla’s Autopilot and FSD are industry-leading solutions for pedestrian safety. Such an admission takes a lot of humility, and thus, is easier said than done. But the longer other automakers wait to roll out systems that are comparable to FSD or at least Autopilot, the longer pedestrians are exposed to an increasing number of electric vehicles that could indeed be too heavy and too fast in an accident.
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Elon Musk
The Boring Company’s newest tunnel vehicle runs on Tesla parts and no one is driving it
The Boring Company’s new tunnel vehicle runs on Tesla Model 3 batteries and drive units.
The Boring Company just introduced a new piece of hardware, and it runs on parts pulled straight from a Tesla showroom. Liner Truck 3, unveiled in a post from the tunneling company’s official X account, is an all electric vehicle built around Tesla Model 3 battery packs and drive units, purpose built to move concrete tunnel segments to the boring machine face without a single person underground.
Introducing Liner Truck 3 — our latest fully electric tunnel vehicle.
– Tesla Model 3 battery and drive units
– Transports 22,000+ lb of concrete segments to the boring machine
– 28 miles of range
– 12 mph max operating speed
– Remotely piloted from Global OCC in Texas, with… pic.twitter.com/XB7FgSXnpy— The Boring Company (@boringcompany) August 7, 2026
The job itself is unglamorous but critical. Each precast segment run weighs more than 22,000 pounds, roughly the load of a full cement mixer, and Liner Truck 3 hauls that weight repeatedly between the surface staging area and wherever the Prufrock machine happens to be cutting.
The Boring Company said Liner Truck 3 is piloted remotely out of its Global Operations Control Center in Texas, extending the Zero-People-In-Tunnel approach the company has spent years building toward. An earlier version of a ZPIT liner truck was already tested at the company’s Bastrop, Texas research tunnels, and a factory tour released last month showed an employee flying a fully loaded liner truck with a PlayStation controller. Liner Truck 3 looks like the production version of that same idea, cleaned up and pushed into daily use.
The timing lines up with a company digging in more places than it ever has before. The Boring Company now has multiple Prufrock machines active or arriving in Nashville, where Music City Loop construction has been accelerating since February, and its Vegas Loop network keeps adding tunnel mileage on a near monthly basis. Every one of those projects depends on getting concrete segments to the cutting face fast enough to keep the boring machine from idling, which is exactly the bottleneck Liner Truck 3 is designed to remove.
It also reinforces something Tesla owners have watched happen gradually across Musk’s companies: passenger car hardware finding a second life in heavy equipment. Model 3 drive units already move people through the Vegas Loop, and now the same components are hauling concrete underground in Nashville and wherever The Boring Company digs next. Whether that kind of component reuse extends further into TBC’s equipment lineup, or into other Musk owned industrial hardware, is the next thing worth watching.
Elon Musk
Elon Musk and SpaceX shrugs off the trading day Wall Street feared most
SpaceX stock did the opposite of what most of Wall Street expected this week, when the day designed to be its most dangerous turned into a rally, and the rally kept going.
Thursday marked the first major lockup expiration since SpaceX’s June IPO, making roughly 911.5 million insider held shares eligible to trade for the first time, more than doubling the company’s public float. Analysts and short sellers had spent weeks bracing for a flood of selling, especially after the stock fell 13 percent following its first earnings report as a public company on Tuesday. Instead, shares rose 6.1 percent Thursday to close at $114.92, and by Friday they were trading near $129, up more than another 12 percent on the day.
SpaceX shorts get warned by Musk ally, echoing Tesla’s early struggles
The setup made the outcome notable. Short interest had climbed to roughly 34 percent of the float heading into earnings, among the highest of any large cap stock, with about 95 percent of available shares to borrow already on loan. CEO Elon Musk warned short sellers twice in the weeks before the lockup, writing on X that “the survival probability of firms who maintain a significant short position in SpaceX over time is very low,” then following up on the morning of earnings with “I try to warn them, but they just double down.”
When the newly unlocked shares hit the market and the selloff never showed up, some of that short position appears to have started unwinding. TipRanks reported that options activity shifted toward bullish strategies like put selling and risk reversals following the rally, with roughly $600 million in options premium trading Thursday alone. Retail buyers also stepped in during the earnings dip, according to Vanda Research.
The fundamentals behind the stock have not changed much in a week. SpaceX’s revenue nearly doubled year over year to $7.8 billion, with Starlink subscribers doubling to 12 million and the company’s AI segment growing 247 percent. What spooked investors on Tuesday was the spending side. Capital expenditures jumped to more than $18 billion for the quarter, up from $2.8 billion a year earlier, with AI investment alone rising from $749 million to $15.8 billion. Wall Street remains split on whether that spending is building infrastructure SpaceX needs or outrunning what the business can currently support, a debate Teslarati has tracked since shares first came under pressure.
None of that resolves the bigger question hanging over the stock. Thursday’s release was only the first of nine staggered lockup tranches, with roughly $800 billion worth of additional shares scheduled to become eligible through October, and Musk’s own stake stays locked until next June. If this week is any indication, the market is treating that supply as something it can absorb rather than something to fear, at least for now.
News
The Boring Company’s newest Vegas Station has a permit quietly waiting behind it
Sahara Las Vegas opened a new Vegas Loop station, joining an exclusive two resort transit club.
Sahara Las Vegas opened a new Vegas Loop station Thursday, giving The Boring Company’s underground transit system its northernmost stop yet on the Strip. The station sits at Sahara’s Paradise Road entrance, on the southeast corner of Las Vegas Boulevard and Sahara Avenue, and connects riders to the Las Vegas Convention Center, other Strip resorts on the network and, eventually, Harry Reid International Airport.
The addition makes Sahara the second resort, after Fontainebleau opened its own station in January, to get a stop built at street level rather than tucked into the property itself. Sahara now joins Westgate as the only two Strip resorts offering both a Vegas Loop station and a stop on the Las Vegas Monorail, giving guests two separate ways to get around without leaving the property.
The Boring Company just doubled its tunneling power in Nashville
The bigger news buried in Thursday’s announcement is what comes next. Boring Company has already secured its first permit to tunnel north of Sahara Avenue, extending the network beyond where it currently ends, even though permits to push the Loop toward downtown Las Vegas still haven’t been granted. Crews are also working on a two mile dual tunnel line running from Westgate to a planned station at 4744 Paradise Road, just north of Tropicana Avenue, that Las Vegas Convention and Visitors Authority CEO Steve Hill has said the company hopes to open in time for November’s Las Vegas Grand Prix.
Ridership has grown alongside the buildout. The Loop moved roughly 82,000 passengers during CONEXPO in early March, a total the company highlighted on its own X account at the time, and the system has now carried more than 4 million passengers through 11 open stations since it began running in 2021. The airport connector tunnels, meant to give the Loop a direct link to Harry Reid, have slipped past their original first quarter target and remain under construction, with Boring Company director Mike Baier saying that a full opening is still a few months out.
For Sahara, the calculation is straightforward. Convention traffic drives a large share of Loop ridership, and a station at the property’s front door gives conventiongoers one more reason to book rooms on the Strip’s north end instead of closer to the convention center itself.
