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Tesla job openings point to design development of future cars – Model Y?

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Tesla Model Y Compact SUV rendering [Credit: RM Car Design]

It’s been nearly a half year since Tesla CEO Elon Musk confirmed during a quarterly earnings call that the next vehicle after the Model 3 will be the company’s Model Y compact SUV. One might recall that Tesla previously revealed its plan to broaden consumer reach beyond the premium sedan and SUV segment by producing a compact SUV “; thus, completing its S-E-X-Y line up.

Being the natural successor and “the obvious priority after the Model 3″, said Musk during a Q&A call with analysts earlier in the year, Model Y will be built on top of the Model 3 platform and see projected demand of 500k to 1 million vehicles per year.

Tesla has also announced its plan to venture into the mid-duty and heavy-duty truck segment by producing a Tesla pickup truck, Tesla Semi and a ‘Minibus’ based off of the Model X chassis. While Musk isn’t known for being timely and his plans, more often than not, seem lofty, one area he’s consistent on is being able to execute on these visions. And we now have a first glimpse on some of these visions coming to fruition.

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All roads lead to “future Tesla vehicles”

Taking a look at recent job postings listed on Tesla’s Careers page, we can see several positions being opened at the company’s Hawthorne-based Design Studio – home base to chief designer Franz von Holzhausen and designers responsible for the creation of the Model S, Model X and Model 3.

Though the job descriptions are relatively vague and do not necessarily call out a specific model, one commonality between the roles is a reference to “design development of future Tesla vehicles”.

One can argue that this might be in reference to Model 3, however given the fact that it’s been in pencils down mode since June and the company’s actively shoring up relationships with suppliers, we can’t imagine why Tesla would just now be designing the exterior and interior of the vehicle.

Sr. Exterior Designer

As a Senior Exterior Designer at Tesla, you will be responsible for the exterior design development of future Tesla vehicles. You will be part of the team that creates and executes world-class exteriors in terms of form, function and luxury. 

Using your considerable production design experience and innovative thinking, you will primarily be tasked with creating designs for future cars, but may also be called upon for other design tasks (interior, product, etc.) based on your skillset.

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Sr. Interior Designer

As a Senior Interior Designer at Tesla, you will be responsible for the interior design development of future Tesla vehicles. You will be part of the team that creates and executes world-class interiors in terms of form, function and luxury. 

Using your considerable production design experience and innovative thinking, you will primarily be tasked with creating designs for future cars, but may also be called upon for other design tasks (exterior, product, etc) based on your skillset.

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Sr. Human Factors & Ergonomics Engineer

The successful candidate will have a proven track record of excellence and a thorough working knowledge of occupant packaging, human factors, ergonomics, and engineering design. Key objectives will be to achieve high spatial efficiency and excellent ergonomics whilst meeting all relevant legislative requirements. He/she will be a natural problem solver, intuitive 3D thinker, competent Catia V5 user, and capable of taking responsibility for the complete occupant package and ergonomic performance of future production vehicles.

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Gene has been obsessed with cars since before he could legally sit in the front seat. Writer, researcher, unofficial CS support, accountant, native suit guy when needed, and overall stick poker. He approaches every story the way he approaches a road trip: with too much enthusiasm, not enough planning, and a surprisingly good outcome. gene@teslarati.com

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Investor's Corner

Tesla stock tumbles after earnings, one of its sharpest single-day declines

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Credit: Tesla

Tesla stock (NASDAQ: TSLA) endured one of its sharpest single-day declines in years on July 23, tumbling approximately 14.5 percent and closing near $320 after opening the session around $374. The drop erased more than $140 billion in market value amid heavy trading volume and left the shares at multi-week lows.

The sell-off followed the company’s second-quarter 2026 results, released the previous evening. Tesla reported record revenue of $28.2 billion, up 26 percent year over year, driven by a Q2-record 480,126 vehicle deliveries. Energy storage deployments also rose strongly.

Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue

Yet profitability disappointed sharply. Operating income fell 57 percent to $398 million, compressing the operating margin to just 1.4 percent. Non-GAAP earnings per share came in at $0.33, well below the roughly $0.53 analysts had expected. Free cash flow turned negative by $1.1 billion as capital expenditures surged 142 percent to $5.8 billion, largely tied to accelerated spending on artificial intelligence, robotics, and autonomous systems.

The losses on capex were expected, as Tesla said it would be spending heavily in 2026.

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Investors also reacted to lingering uncertainty surrounding key product timelines. During the Earnings Call, management reiterated ambitions for Robotaxi deployment and the Optimus humanoid robot, but offered limited new concrete milestones, renewing questions about execution pace that have long accompanied Tesla’s ambitious roadmap.

The magnitude of the decline places it among Tesla’s more severe one-day percentage losses since its 2010 initial public offering. Historically, the two largest single-day drops (split-adjusted) remain September 8, 2020, when shares fell 21.1 percent amid broader market volatility and valuation concerns, and January 13, 2012, with a 19.3 percent plunge during the company’s early growth struggles.

Other notable declines include an 18.6 percent drop on March 16, 2020, at the onset of pandemic-related market turmoil. Thursday’s move ranks roughly ninth on the all-time list but stands out as the steepest in more than a year.

Despite the short-term pain, Tesla’s long-term trajectory has repeatedly recovered from such volatility. The latest results underscore both the strength of its core automotive and energy businesses and the near-term costs of heavy investment in next-generation technologies.

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Elon Musk

Elon Musk is not happy about this Tesla Full Self-Driving approval delay

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Credit: Tesla

Elon Musk clapped back at France’s decision to withhold the approval for Tesla’s Full Self-Driving (FSD) Supervised system, projecting a clear and blunt message to French Transport Minister Phillippe Tabarot, after he publicly rejected the technology in its current form.

Tabarot outlines several concerns with Tesla Full Self-Driving in a detailed video statement, where he said, “The safety trade-offs are not yet sufficient to authorize it as it currently stands,” he said. He emphasized that FSD is not a true self-driving system and that the driver remains fully responsible.

Key issues Tabarot also brought up included allowing speeding when surrounding traffic exceeds limits and what he believes are insufficient guarantees of driver attention during complex urban maneuvers such as lane changes, intersections, and roundabouts.

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While acknowledging technological progress and France’s support for autonomous innovation, Tabarot stressed that deployment must prioritize road safety. He noted ongoing technical discussions with Tesla, the Netherlands, and other European partners, with further ecosystem meetings planned for the fall.

Musk’s rebuke highlights the human cost of regulatory caution. Tesla’s latest safety reports provide compelling data supporting accelerated adoption. In the most recent 12-month period, vehicles using FSD (Supervised) recorded one major collision per approximately 5.1 million miles driven, dramatically better than the U.S. national average of one crash per 698,000 miles.

Even Tesla vehicles driven manually with active safety features outperform the average by a wide margin. These figures come from billions of real-world miles of telemetry, showing FSD vehicles involved in far fewer incidents than both manual Teslas and the broader U.S. fleet.

Critics argue Tesla’s comparisons require careful scrutiny regarding reporting thresholds and fleet demographics, yet the data consistently positions FSD as a potential lifesaver. With road fatalities remaining a leading cause of death worldwide, Musk contends that proven safer technology should not face prolonged bureaucratic hurdles.

France’s measured approach reflects the broader European regulatory caution, which many, especially Musk, have been critical of in the past. However, as autonomous systems from Tesla and competitors like Waymo demonstrate superior safety in independent studies, pressure is mounting for harmonized approvals.

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Musk’s warning carries the belief that every month of delay may equate to avoidable tragedies on European roads.

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Investor's Corner

Google’s massive stake in SpaceX will shock you

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Credit: SpaceX

In a striking revelation that underscores the lucrative crossover between Big Tech and space exploration, Alphabet Inc., Google’s parent company, disclosed a massive $94.1 billion equity stake in SpaceX following the rocket company’s blockbuster initial public offering earlier this year.

The disclosure came in Alphabet’s quarterly filing, marking the first time the long-held private investment has been publicly valued at market prices. Google was an early backer, investing alongside Fidelity in 2015 with roughly $500-900 million at a time when SpaceX was valued around $12 billion.

That bet has delivered extraordinary returns, roughly a hundredfold, transforming a strategic play on satellite internet and launch capabilities into one of Alphabet’s largest assets.

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Of the total holding, approximately $80 billion remains subject to short-term post-IPO lockup restrictions, preventing near-term sales. An additional $14.1 billion faces longer-term restrictions, extending into the third quarter of 2027. This structure limits immediate liquidity but protects against market volatility as SpaceX transitions into public trading.

The SpaceX position contributed significantly to gains in Alphabet’s broader investment portfolio, which also includes a major stake in AI leader Anthropic. Combined, these holdings helped drive nearly $100 billion in investment gains during the second quarter, providing a substantial boost to net income amid ongoing AI spending pressures.

Elon Musk sends first warning to SpaceX short sellers

Analysts view the disclosure as validation of Alphabet’s venture strategy beyond its core search and cloud businesses. The investment aligns with deeper ties, including reported multi-billion-dollar deals for AI computing capacity on SpaceX infrastructure. As SpaceX advances Starship flights, Starlink expansion, and ambitious Mars goals under Elon Musk, Google’s stake positions it to benefit from the commercialization of space.

For Alphabet, the windfall highlights how patient, forward-looking bets in transformative sectors can yield outsized rewards. While lockups temper short-term impact, the holding cements SpaceX as a cornerstone of Alphabet’s diversified portfolio in an era where aerospace, AI, and connectivity increasingly intersect. Investors will watch closely as restrictions lift and SpaceX’s public performance unfolds.

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