News
Spy shots inside Tesla’s giant tent suggest assembly line buildout in progress
Spy shots taken of Tesla’s giant tent at Fremont show that the buildout of the company’s new Model 3 assembly line is still ongoing. As could be seen in images showcasing the new structure, the giant tent still has a lot of open room despite machinery already in place.
The spy shots were uploaded and shared on Twitter by @skabooshka, who noted that the assembly line did not appear to be moving when he took photographs of the structure’s interior. He did note, however, that there was work still being done on the tent itself, as evidenced by a crane and employees in safety gear working at the roof of the structure.
- The interior of Tesla’s massive tent on the grounds of the Fremont Factory. [Credit: skabooshka/Twitter]
- The interior of Tesla’s massive tent on the grounds of the Fremont Factory. [Credit: skabooshka/Twitter]
- The interior of Tesla’s massive tent on the grounds of the Fremont Factory. [Credit: skabooshka/Twitter]
- The interior of Tesla’s massive tent on the grounds of the Fremont Factory. [Credit: skabooshka/Twitter]
- The interior of Tesla’s massive tent on the grounds of the Fremont Factory. [Credit: skabooshka/Twitter]
- The interior of Tesla’s massive tent on the grounds of the Fremont Factory. [Credit: skabooshka/Twitter]
Apart from spy shots, a number of videos featuring the giant tent and Tesla’s new Model 3 assembly line were also uploaded on Twitter, courtesy of @IspyTsla, who was able to capture more than 2 minutes of activity inside and around the structure. The footage taken of Tesla’s giant tent could be viewed below.
— IspyTSLA (@IspyTsla) June 19, 2018
Overall, the new spy shots and spy video of Tesla’s new Fremont structure suggests that Tesla is still working on completing its new assembly line. Considering the open space still available inside the tent, it appears that Tesla will be adopting Elon Musk’s idea of avoiding over-automation with the production of the Model 3.
Tesla CEO Elon Musk has shown a particularly high level of optimism about the potential of the new tent-based Model 3 line. In a series of tweets, Musk stated that Tesla built a giant tent because constructing another building to house the machinery within the company’s target timeline would be impossible. According to Musk, the Tesla team was able to set up the massive structure in just two weeks, which was practically “miraculous.”
- The interior of Tesla’s massive tent on the grounds of the Fremont Factory. [Credit: skabooshka/Twitter]
- The interior of Tesla’s massive tent on the grounds of the Fremont Factory. [Credit: skabooshka/Twitter]
- The interior of Tesla’s massive tent on the grounds of the Fremont Factory. [Credit: skabooshka/Twitter]
- The interior of Tesla’s massive tent on the grounds of the Fremont Factory. [Credit: skabooshka/Twitter]
- The interior of Tesla’s massive tent on the grounds of the Fremont Factory. [Credit: skabooshka/Twitter]
- The interior of Tesla’s massive tent on the grounds of the Fremont Factory. [Credit: skabooshka/Twitter]
The interior of Tesla’s massive tent on the grounds of the Fremont factory. [Credit: skabooshka/Twitter]
As noted in an Ars Technica report, a January 2018 geotechnical investigation report on file with the city building permit office states that Tesla has plans to construct a 500,000 square-foot “multi-story building north of the existing North Paint Building.” With this in mind, Tesla’s massive tent in Fremont might very well be a temporary solution designed to boost the company’s production capabilities of the Model 3 to help the company achieve profitability by Q3 and Q4 2018. As for the giant tent itself, journalist Edward Niedermeyer has revealed that Tesla’s permits for the structure are currently valid for “up to six months.”
With the end of Q2 2018 only a little more than a week away, Tesla is on a rush to attain its target of producing 5,000 Model 3 per week before the end of the quarter. The goal, which has eluded Tesla since the compact electric car started production, is closer than ever before. Considering that Elon Musk revealed that the company was producing the Model 3 at a rate of 500 vehicles per day during the 2018 Annual Shareholder Meeting, the addition of the new tent-based assembly line could very well be the deciding factor whether Tesla could finally achieve its Model 3 production targets or come up short once more.
News
Tesla qualifies for awesome new first-time EV buyer incentive in California
Tesla is one of several automakers whose vehicles qualify for an awesome new first-time EV buyer incentive program in California.
The Golden State launched the MyFirstEV incentive program, which helps those buying an electric vehicle for the first time with a $3,500 incentive on new-inventory purchases of a Model 3 or Model Y.
First-time electric vehicle buyers in California can now get $3,500 off eligible Model 3 and Model Y new inventory vehicle purchases.
To be eligible, you must place your order on or after August 3, 2026 and take delivery while funds are still available. The incentive applies to… pic.twitter.com/yuXF00XA50
— Sawyer Merritt (@SawyerMerritt) August 4, 2026
The incentive requires an order on or after August 3, and delivery must be taken while the program is still being funded. California has set aside $135.5 million to help strengthen its SEV market and support automotive innovation.
Incentives are offered at the point of sale, and used EVs are also available for a partial incentive of $1,750. Half of the $3,500 and $1,750 incentive amounts are covered by California, with the other half being covered by participating OEMs.
Additionally, rules apply for MSRP and how the vehicle will qualify for the incentive. Any vehicle from a non-California headquartered OEM must have an MSRP of $50,000 or less. Used vehicles must be priced at $25,000 or less and must be at least two model years older than the year of purchase.
The cars must also be purchased from manufacturers as certified pre-owned vehicles. Private dealerships are not eligible.
In total, California expects to incentivize over 73,000 ZEVs.
Participating Manufacturers
Fourteen total automakers are participating in California’s MyFirstEV program:
- Chevrolet – Launching August 2026
- Ford – Launching August 2026
- Honda – Launching September 2026
- Hyundai – Launching August 2026
- Kia – Launching August 2026
- Lexus – Launching September 2026
- Lucid – Launching August 2026
- Mitsubishi – Launching November 2026
- Nissan – Coming Soon
- Rivian – Coming Soon
- Subaru – Launching September 2026
- Tesla – Launching August 2026
- Toyota – Launching September 2026
- Volvo – Coming Soon
Investor's Corner
SpaceX to report first-ever earnings today: here’s what to expect
Elon Musk’s space exploration company, SpaceX (NASDAQ: SPCX), is set to report its earnings for the second quarter today in what will be its first-ever earnings call since going public in July.
SpaceX is trading down roughly 25 percent from its IPO. These early stock signals are usually a bit tumultuous, and considering this is the first company actively launching rockets that is available on the stock exchange, investors might have a tendency to be a bit skittish.
However, there are going to be some details that investors will hear for the first time today on the earnings call. Here’s what to look for:
Wall Street Expectations
Revenue is expected to fall somewhere around $6.8 billion, and will be heavily driven by Starlink, which is SpaceX’s widely popular satellite internet platform that has been adopted by numerous airlines, cruise ships, and other maritime operations. It is also available for consumers at home or in their cars.
Earnings Per Share (EPS) expectations fall at a net loss of $0.23 per share. Wall Street sees this as a total net loss of roughly $1.9 billion.
EBITDA is expected to come in between $2 billion and $2.1 billion.
What Investors Want to Know
Tesla uses the Say platform to help work with both retail and institutional investors to answer relevant and quality questions that address concerns or questions that they might have.
However, SpaceX is doing things differently, as the company launched its own Investor Relations website where these questions are being fielded. Just like the Tesla questions, they seem to be less focused on the operational tasks and overall progress of the company, and more novelty.
Here are the top five:
- Has the team thought about what possibilities there are with your mascot Asteroid? Whether it’s starting additional foundations for kids in its name, helping kids learn about space, etc. Kids are our future, and Asteroid would be a fun and easy way to help.
- Baby Asteroid is already making a difference through charity around the world. Could SpaceX take it even further with programs that inspire kids to explore space?
- SpaceX has some legendary vehicle names. Would you ever allow the public to name a Starship, even knowing there is a 99% chance it becomes Shipy McShipface?
- When can we expect to see more footage of the Human Landing System?
- Will Asteroid (your mascot) go to Mars?
SpaceX will report its earnings today, August 4, at 4:30 P.M. EDT.
News
Tesla Full Self-Driving insurance program with heavy discount expands
Lemonade has expanded its innovative Autonomous Car insurance program to Tennessee, giving Tesla owners in the state a substantial discount on Full Self-Driving (FSD) miles. Announced on August 3, the product offers 50 percent off every mile driven with FSD activated, positioning the digital insurer as a leader in pricing insurance around autonomous technology.
The program, marketed as Lemonade Autonomous Car insurance, uses a direct connection via Tesla’s Fleet API (with customer permission) to automatically distinguish FSD-engaged miles from manual driving. Policyholders pay a low base rate when the vehicle is stationary and a few cents per mile when moving, with the 50 percent reduction applied specifically to FSD miles.
If you’re driving a Tesla in Tennessee, FSD miles now cost 50% less to insure with Lemonade. Autonomous Car is now live in TN.https://t.co/4CDTuhyORi pic.twitter.com/QZk4LBIs6f
— Lemonade (@Lemonade_Inc) August 3, 2026
Coverage includes standard protections such as liability, collision, comprehensive, roadside assistance, and Tesla-specific benefits like access to certified repair shops and emergency crash services. Eligible vehicles require Hardware 4, as well as recent firmware.
Lemonade first unveiled the product on January 21 of this year, describing it as a first-of-its-kind offering designed for self-driving cars, starting with Tesla FSD. It began rolling out in Arizona on January 26, followed by Oregon about a month later. Subsequent expansions brought it to Indiana in early June 2026 and Colorado later that month.
Tennessee marks the fifth state.
Tesla Full Self-Driving gets outrageous insurance offer with insanely cheap rates
The discount rests on Lemonade’s strong belief in the safety of Tesla’s FSD system. The company cites Tesla’s data showing that FSD-driven miles are twice as safe as those driven manually, or associated with roughly a 50 percent crash reduction.
Lemonade Co-founder and President Shai Wininger has emphasized this distinction: “Traditional insurers treat a Tesla like any other car, and AI like any other driver. But a car that sees 360 degrees, never gets drowsy, and reacts in milliseconds can’t be compared to a human.”
He added that “Teslas driven with FSD are involved in far fewer accidents” and committed that as FSD software improves and becomes safer, Lemonade’s prices will drop further.
Tesla Full Self-Driving gets an offer to be insured for ‘almost free’
This approach leverages Lemonade’s existing pay-per-mile technology and AI-driven risk models, which analyze nuanced vehicle data including software version and sensor performance. The company expects the model to reward higher FSD usage with greater savings while supporting mixed households that include both Tesla and non-Tesla vehicles under one policy. Bundling with home, renters, or pet insurance can yield additional discounts.
As autonomous driving technology advances, Lemonade’s state-by-state expansion of usage-based pricing that directly reflects real-world safety data represents a notable shift in how insurers evaluate risk.
Tesla owners in the five available states – Arizona, Oregon, Indiana, Colorado, and now Tennessee – can obtain quotes quickly through the Lemonade app or website, potentially lowering the overall cost of ownership for vehicles equipped with advanced driver-assistance systems. Further states are expected as regulatory approvals progress.













