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Tesla China shares rendering of Compact EV smaller than Model 3 in job posting
Tesla CEO Elon Musk announced during the recent Gigafactory 3 event in Shanghai that the company plans to create a design and R&D center in the country and it appears the carmaker is now looking for designers to help come up with “China-style” Tesla vehicles.
China-focused news website Abacus first spotted the announcement of Tesla on its official WeChat account on Wednesday. Roughly translated, the ad says, “Tesla is waiting for you. Chinese-Style Tesla will sweep the world.”
The post stated that Tesla is looking for outstanding design talents to create original Chine-style Teslas. The company is encouraging those with bold ideas and welcomes even non-car designers since according to Tesla China, the new designers will not just design ordinary cars. Interested parties can email designer@tesla.com until Feb. 1, 2020.
“Let the most beautiful Chinese art be integrated into the future-oriented Tesla,” the Tesla WeChat post read.
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- Chinese-Style Tesla Vehicles by Tesla China Design Center (Source: Tesla China WeChat)
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- Chinese-Style Tesla Vehicles by Tesla China Design Center (Source: Tesla China WeChat)
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- Chinese-Style Tesla Vehicles by Tesla China Design Center (Source: Tesla China WeChat)
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- Chinese-Style Tesla Vehicles by Tesla China Design Center (Source: Tesla China WeChat)
The latest move of Tesla in China is another big step to dominate the local market and preparation to conquer the rest of Asia. No one might have thought that hiring for car designers to make Chinese-style Teslas will come this soon, but Elon Musk believes in the concept that speed solves everything. The design and R&D center in China will not only create vehicles for the local market but for the rest of the globe as well.
Perhaps the comparison of Musk to renowned military general and The Art of War author Sun Tzu by venture capitalist Paul Holland holds water since Tesla has been pushing the right buttons to get a share of the pie in the largest automotive market in the world. It is doing things right and it’s striking with rapidity as the Chinese philosopher advised.
Tesla recently delivered its first batch of Made-in-China Model 3 to the public and Musk also formally launched the Model Y program in the country during the Gigafactory 3 event. It also lowered the price of the locally-made electric sedans the resulted in a surge of orders in the country. If the local market already loves the Model 3, introducing variants of Teslas that’s focused on the China market will definitely generate more interest and help increase sales even more.
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As analysts from China-based equity firm Chuancai Securities put it, the Model 3 is a potential cash cow for the electric carmaker as it can localize the sourcing of parts that will lead to better margins and better conditions to even stimulate sales of its vehicles in China.
The story of Tesla in China has been amazing so far. Its Gigafactory 3 in Shanghai rose from a muddy field and produced its first vehicles in just 10 months and delivered its first vehicles to its employees in less than a year. At present, its production has hit a run rate of 3,000 units per week and plans to consistently ramp up production as more workers are added to the production frontline.
Tesla will likely get some market share from local EV manufacturers but the competition is welcomed in a car market that has slowed down in the last year or so. The Chinese government, who’s looking to improve the quality of air in the country, is also pouring support that will help Tesla entice more consumers to buy its new energy vehicles.
Elon Musk shed two new bits of detail on Starship following its 13th test launch, which was an overwhelming success.
SpaceX launched Starship for the 13th time last Friday after two delays: one on Monday when several Raptor engines did not ignite, and another on Thursday due to unfavorable weather conditions in Starbase, Texas.
The launch was overwhelmingly successful. SpaceX was able to complete a necessary test of the heat shield tiles by increasing the acceleration of Starship from launch throughout the flight; 20 Starlink v3 satellites were released with no issue; the Super Heavy Booster landed safely in the Gulf of America, Ship successfully reignited engines while in space; and it also splashed down without incident in the Indian Ocean.
SpaceX Starship just nailed something it’s never done before
Nevertheless, more details are coming out about Starship, and Musk is doing the talking.
Starship Will Be Retrieved in the Ocean
Musk revealed on Tuesday night that Starship would be recovered by a ship in the Indian Ocean. SpaceX routinely tries to recover Starship after splashdown in an effort to find out more about the flight by examining the spacecraft afterward.
We’re sending a ship out to recover Starship https://t.co/fUqUZTITO9
— Elon Musk (@elonmusk) July 28, 2026
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This helps engineers find out more about why things might have happened, allows them to examine any potential damage or anomalies that might have occurred, and increases the chances of an even more successful flight next time thanks to the additional information recovered.
Ship Could Have Been Caught by Tower Arms, Musk claims
Musk has already indicated that SpaceX will plan to attempt a catch of Starship with the 14th test flight. While this would be a major accomplishment, it would be an expected next step, considering the fact that the Super Heavy Booster has already been caught by the chopsticks on numerous occasions.
The ship landing was precise, meaning that it would have been caught by the tower arms https://t.co/6nbNrRfX9P
— Elon Musk (@elonmusk) July 29, 2026
A ship catch would be a great indication of where SpaceX stands in terms of reusability and launch cadence. A successful catch with relatively no incidents would be a good sign that SpaceX is nearing a more frequent launch of Starship, but also that the reusability of the massive rocket would be something many would expect in the near future.
It is a necessity to make life multiplanetary.
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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.”
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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.
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.
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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 sheds two new bits of detail on Starship after 13th test launch
Elon Musk updates the SpaceX timeline for Mars
