Investor's Corner
Tesla’s global Model 3 assault is coming to life with exhibitions in Europe and Asia
As the Tesla Model 3’s production hits its stride, the company has brought over the vehicles to several key regions, inviting reservation holders to view the electric sedan. Just today alone, reports from the Tesla community indicate that invitations were sent out to reservation holders residing in Germany, France, Sweden, Norway, Italy, and Belgium. In Asia, the Tesla Model 3 is also making its rounds, being exhibited in territories such as Hong Kong, China, and Japan.
At this point, it seems safe to assume that after passing through “production hell” and attaining profitability in the third quarter, Tesla is finally preparing to bring the Model 3 to other countries. With this in mind, Tesla’s Model 3 assault on the global market seems inevitable.
Da domani #Model3 al #Tesla store di Piazza Gae Aulenti a Milano! @Tesla @TeslaOwnersIT @disinformatico @Teslarati pic.twitter.com/PlEKj5ZhK6
— Francesco (@FraPet89) November 13, 2018
While the Model 3 is already proving to be successful in the United States, the vehicle’s distribution actually remains very limited, being available only in the US and Canada. With a global rollout, though, the Model 3’s potential disruption would likely be even more notable.
Now Tesla Model 3 exhibition already started in JAPAN 🇯🇵
It can be seen that Tesla has made final preparations for the delivery of Model 3 to Asia Pacific. Was in Hong Kong last week, now Japan. $TSLA #TeslaJapan #テスラ
(Credit: emolas from https://t.co/WgwubBfi0J) pic.twitter.com/anCFdXeXGi
— vincent (@vincent13031925) November 10, 2018
Elon Musk has been quite conservative about his timelines for the Model 3’s global release. Back in March, Musk stated that the production of vehicles with an RHD configuration would likely begin sometime in the middle of 2019. During the third quarter earnings call, though, Musk noted that Tesla is expecting to produce a notable volume of vehicles for Europe starting January. The CEO further stated that deliveries in the region would likely see a ramp in late February or sometime in March. By the second quarter of 2019, Musk pointed out that Model 3 deliveries would probably start in the Asia-Pacific region.
“We expect to start producing a significant volume for Europe in January. And it obviously takes some time to ship. So deliveries, probably pretty significant deliveries in Europe, kind of in the late February, March time frame because the cars have to get all the way from California to a customer in Europe. It will be kind of borderline as to whether cars are delivered in APAC by the end of Q1. So I can’t say it for certain. Definitely in Europe. But — and then definitely in APAC in Q2,” Musk said.
Nov 5th, the first ever China International Import Expo (中国国际进口博览会)was grandly opened at the Shanghai National Convention and Exhibition Center. Tesla accepts the invitation of the government to exhibit Model S X & 3 at the show. $TSLA #TeslaChina pic.twitter.com/OmKFYPgoxT
— vincent (@vincent13031925) November 5, 2018
Invitations for Model 3 viewings bode well for reservation holders of the electric car. Tesla, after all, started Model 3 exhibits in the United States not long before deliveries of the electric sedan began to hit their stride. That said, Tesla’s global rollout of the vehicle appears to have been teased in the past few months, particularly as Model 3 has been making the rounds in countries such as Australia and New Zealand. Just recently, the Model 3 was showcased as Tesla’s key exhibit in China’s International Import Expo as well.
Tesla might still be a relatively young carmaker, but its reputation as a maker of the world’s premier electric vehicles is already getting more established by the day. While the Model S and the Model X proved that electric vehicles can be viable alternatives to fossil fuel-powered cars, the Model 3 is proving that an EV can stand toe-to-toe with the best-selling, most competitive passenger cars in the industry, and still win. As the Model 3 enters the worldwide car market, the electric sedan’s disruption and potential would definitely be put to the test.
Elon Musk
SpaceX Starship Flight 13 aborted at Zero and Musk just told us what broke
Four Raptor engines failed to ignite at T-zero, forcing SpaceX to scrub Starship Flight 13 Thursday.
SpaceX scrubbed the Starship Flight 13 launch attempt Thursday evening at the last possible moment, after four of the Super Heavy booster’s 33 Raptor 3 engines failed to ignite during the startup sequence. The 90-minute window had opened at 6:45 p.m. EDT from Starbase in Boca Chica, Texas, and the countdown had proceeded without issue all day, with more than 11.5 million pounds of liquid methane and liquid oxygen being fully loaded into the rocket before the automated abort triggered. SpaceX’s launch directors posted on X, “Standing down from today’s flight test attempt,” and shut down the livestream shortly after.
Musk confirmed the root cause within hours. “Some of the engines didn’t start, triggering an automatic launch abort,” he wrote on X. “To be confident of a good flight, 2 Raptors will be removed and replaced. Most probable launch timing is early next week.” SpaceX engineers began draining propellant tanks immediately and Booster 20 was rolled back to its hangar for inspection.
The timing adds a layer of significance that did not exist during any of the previous 12 Starship flights. This is the first time SpaceX has attempted to launch Starship since the company made its stock market debut in June, listing under ticker SPCX at $135 per share. Public investors are now watching every Starship outcome in real time, and a last-second abort carries more visibility than it would have six months ago.
Flight 13 was designed to be one of the most consequential tests in the program’s history. It was set to carry 20 Starlink V3 satellites, the first operational payload Starship has ever attempted to deploy. Six of those satellites carried external cameras to photograph Starship’s heat shield from the outside during flight, which would act as a self-inspection approach SpaceX has never attempted before. The mission also needed to complete a Raptor engine relight in space, a step SpaceX skipped on Flight 12 in May after losing an engine during ascent. That Flight 12 booster also flipped 90 degrees off course during its boostback burn when five engines failed to reignite.
SpaceX has not announced an official next launch date. Musk’s “early next week” window points to July 21 or 22 at the earliest, pending the engine swap and a return to the pad.
Lucid CEO Silvio Napoli responded to rumors of an imminent bankruptcy that was reportedly being mulled after a report stated the automaker was working with the firm AlixPartners to iron out its next steps.
The company felt a massive loss on Wall Street yesterday, as the report essentially pushed the stock down as much as 55 percent on Tuesday.
The report, published initially by Eletric-Vehicles.com, claimed Lucid was essentially in dire straits and was told by AlixPartners, a commonly used restructuring advisor, to either take shares private or file for Chapter 11 bankruptcy protection.
Lucid’s head of Communications, Nick Twork, immediately challenged the report and stated the company “has sufficient liquidity to carry its operations well into next year.”
Now, the company’s CEO is chiming in as well, stating that the report is “so far from the facts that they require a direct response.”
Napoli said:
“Lucid is not considering bankruptcy or a transaction to take the company private. Those reports are false. The Board did not explore either scenario. Period.
As disclosed in our most recent quarterly filing, Lucid has sufficient liquidity to fund its operations well into next year.
We work with outside advisors to improve operational performance and execution. They are not advising Lucid on a take-private transaction or bankruptcy, and any suggestion that they have recommended either course of action to management or the Board is false.
My priority is clear: turn this company around. That is where the leadership team and I are focused.
I look forward to providing a full update during our quarterly earnings call on August 4th.”
🚨 Lucid CEO Silvio Napoli calls rumors of financial issues “so far from the facts that they require a direct response.”
Read his full remarks here: https://t.co/t3Pg1NHvzy pic.twitter.com/LvHUPhO4Qf
— TESLARATI (@Teslarati) July 15, 2026
It seems pretty clear that Lucid is confident things will be okay, and, to be honest, they should not have much to worry about, especially considering the company has been backed by the Saudi Public Investment Fund (PIF) for years. It has solid financial backing, and its sales, while weak, are pretty much right on par with a company of this age.
Lucid also sent a Cease & Desist letter to the publication for their report.
Lucid shares have rebounded nicely and are up nearly 21 percent at the time of publication. As soon as the company dispelled the rumors of bankruptcy yesterday, the stock began to climb back toward more reasonable levels.
Electric vehicle maker Lucid Group has denied rumors of an imminent bankruptcy after a report from this morning sent the stock on a dramatic drop on Wall Street, seeing losses of more than 40 percent during trading hours.
Lucid’s Director of Communications, Nick Twork, responded to the report from Eletric-Vehicles.com, which stated the company’s restructuring advisor, AlixPartners, was asked to review two decisions: taking Lucid shares private or filing for Chapter 11 bankruptcy protection.
The report also claims AlixPartners told the Lucid board to “concentrate on Gravity production while improving its quality, and to temporarily hold back the Lucid Air, the sedan that has defined the company since its launch.”
Twork said:
$LCID The rumors are completely false. The company has sufficient liquidity to carry its operations well into next year, as recently published in its last quarterly filings, and it has not formed any special Board committee to explore the scenarios reported today. Our focus is…
— Nick Twork (@ntwork) July 14, 2026
Shares rebounded after the response to the report, halving its losses as the trading day neared 3 p.m. Eastern.
Lucid has struggled to get its sales off the ground and into more respectable numbers, but the company is in its early years, when things are hard to begin with. It is also backed by several notable investors, including the Saudi Public Investment Fund (PIF), which has nearly limitless money and likely would not ditch an investment of this size so soon.
Lucid shares were down just 14 percent at the time of publication, a far cry from the 55 percent its losses topped out at during the day.
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