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Tesla fan in Australia highlights the irony in becoming an actual EV owner

A Tesla Model 3 in Osaka, Japan. (Credit: Tesla Japan/Twitter)

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A Tesla fan and electric vehicle enthusiast reached out to Elon Musk to raise the issue of the Model 3’s price in Australia, which is significantly higher compared to territories like the United States.

David McCann, who goes by the Twitter handle @EVHQ2, asked the Tesla CEO if there’s a way to cut the cost of the Model 3 in Australia. McCann posted a screenshot showing a Tesla Model 3 Dual Motor AWD with a price of AUD 110,747 ($74,636) and a price of AUD 105,147 (USD 70,864) after estimated savings.

The inquiry caught the attention of Musk, who replied in agreement, “This does seem high.”

In the United States, a Tesla Model 3 RWD Standard Range Plus starts at $39,900 before incentives. The AWD Long Range version goes for $48,990 and the Performance Model 3 goes for $56,990.

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The higher price of Model 3 in Australia is primarily due to the falling value of the Australian currency against the US dollar. Other factors also come into play, such as the country’s Goods and Services tax, luxury car tax, and stamp duty. The cost of shipping the vehicles from the United States is also priced in.

Tesla aims to provide consumers with electric cars that are as affordable as the company can muster while sticking to the mission of accelerating the world’s transition to sustainable energy. This is the primary reason why Tesla offers a $35,000 Model 3, despite the version being off-menu.

David McCann’s issue with the Model 3 price in Australia may represent the dilemma of other Australian consumers who want to shift to greener vehicles but hesitate because of the hefty price tag of EVs. This is quite ironic, since the country hosts one of the most notable Tesla Energy projects to date, such as the Hornsdale Power Reserve.

While Elon Musk did not detail how Tesla would eventually address Australia’s high prices, the electric carmaker does have a way to drastically reduce its operating costs. A Tesla Gigafactory in Australia or in a nearby country, for example, can lower the company’s expenses in shipping the Model 3 to the country.

“The biggest problem we have to solve right now is having production on each continent, because it’s insane to be making cars in California [and] shipping them to Europe and Asia,” Musk remarked in an interview on the Third Row podcast.

With Gigafactories all over, Tesla can meet the demand for its vehicles in different markets more efficiently without having to worry about high tariffs, carrying costs, or damage costs. This is what Tesla did in China where the price of Model 3 went down from $63,000 when imported to around $46,000 when locally produced. The same is true for Giga Berlin where Tesla can get a grant of up to as much as 100 million euros for its first factory in Europe. It may also get subsidies for a battery cell production in the country.

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A curious soul who keeps wondering how Elon Musk, Tesla, electric cars, and clean energy technologies will shape the future, or do we really need to escape to Mars.

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Elon Musk

The Boring Company’s latest Tesla tunnel truck mod “fits like a glove”

The Boring Company has modified a Tesla powered tunnel truck to carry freight containers underground.

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The Boring Company has found a second job for the Tesla hardware it already runs underground. In a post on X, Elon Musk’s tunneling company showed its latest Prufrock Liner Truck modified to carry a standard 20 foot shipping container. “Using TBC tunnels to transport freight,” the company wrote. “The latest Prufrock Liner Truck (using Tesla Model 3 batteries and drive units) has been modified to carry a standard 20′ shipping container. Fits like a glove!”

The photo shows a red container sitting on a long, low white chassis parked outside, with drive hardware visible at one end. The Boring Company did not say where or when freight hauling would start, which customers it has in mind, or how many trucks it is converting.

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Until now, the liner trucks have hauled concrete. Teslarati reported in August on Liner Truck 3, which uses Model 3 battery packs and drive units to move more than 22,000 pounds of precast tunnel segments to the boring machine. It has 28 miles of range, tops out at 12 mph, and is piloted remotely from the company’s operations center in Texas. The freight version appears to be the same platform with a different bed, and The Boring Company has not said whether it will also be remotely piloted.

Freight has been on the company’s menu for years. When TBC updated its product lineup in 2021, its freight tunnel was described as sized to fit a standard shipping container, “barely.” The company later used the idea at Tesla’s own factory, where Prufrock 3 dug a tunnel to Giga Texas that now moves finished Cybertrucks away from the production line.

The Boring Company closed a $3 billion Series D in September at a $23 billion valuation, and Teslarati has covered how that money is tied to a UAE tunneling push and a faster Nashville build. In Nashville, Prufrock MB1 and MB2 are mining at the same time, and a third machine is expected to launch in late October. Each machine needs a steady supply of liner trucks, so any design that works for segments and containers alike gives the company more use out of the same Tesla parts.

The Vegas Loop remains the only Boring Company system open to the public, and it moves passengers in Tesla vehicles. A freight service would be a separate product, and the post gave no indication that one is close to launch. For now, it is a truck, a container and a short caption saying they fit together.

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Elon Musk will give ‘every kid in America’ a SpaceX share in 2027

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Credit: Grok Imagine

Elon Musk said he is planning to give “every one of his SpaceX shares to every kid in America” in 2027, stating that “this will be the first of many.”

SpaceX went public earlier this year, and its stock price has been relatively stable since leveling off shortly after its IPO. Based on its current price, it’s a gift of just over $10 billion to children across the United States.

It appears to be closely related to President Donald Trump’s bank accounts for children, which were set up earlier this year as Trump Accounts.

Just hours earlier, Anthropic had announced the establishment of its Anthropic Public Benefit Fund, “a new wholly-owned entity dedicated entirely to public benefit.” Musk responded by stating he recommended “giving the shares directly to the public,” and that he would be doing it that way.

Just a little bit later, Musk said children across the U.S. would be getting a share from him:

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There are roughly 70 million children, meaning someone under the age of 18, in the United States, according to the Federal Interagency Forum on Child and Family Statistics. Musk’s ownership of SpaceX stock shows he has around 849 million Class A shares of SpaceX stock, according to filings with the SEC.

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Elon Musk reveals why Boring Co’s biggest East Coast project never happened

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(Credit: The Boring Company)

Elon Musk revealed in a post on X that “Permits were impossible to get,” explaining the fate of The Boring Company’s most ambitious East Coast proposal.

The comment responded to a query about what became of his July 20, 2017 announcement that he had “just received verbal govt approval” for an underground Hyperloop connecting New York City, Philadelphia, Baltimore, and Washington, D.C., capable of carrying passengers from the Big Apple to the Nation’s Capital in just 29 minutes.

The Boring Company receives verbal ‘approval’ to build NY to DC Hyperloop tunnel

The 2017 post, which envisioned city-center stations and multiple elevators in each city, sparked immediate scrutiny. Local and state officials in New York, Philadelphia, Baltimore, and D.C. said they had no knowledge of any approval. A White House spokesperson confirmed only “promising conversations” about the transformative infrastructure.

Musk clarified shortly after that there was “still a lot of work” to do for formal approvals.

Limited progress followed, as Maryland Governor Larry Hogan’s administration issued a conditional utility permit and supported work near Fort Meade. In 2018, Washington, D.C., granted a preliminary permit for site preparation and excavation on a vacant lot at 53 New York Ave. NE in the NoMa neighborhood, which The Boring Company said could become a station.

A draft environmental assessment for a D.C.-Baltimore segment was released in 2019. Yet, by April 2021, the company had removed the project from its website, and the Federal Highway Administration reported receiving no indication of further interest. Communication with Maryland officials had ceased.

The full corridor would have required coordination among the District of Columbia, Maryland, Pennsylvania, New York, the Federal Highway Administration, the Army Corps of Engineers, the National Park Service, and other agencies.

Environmental reviews under the National Environmental Policy Act, utility clearances, and approvals for novel infrastructure added to the overall complexity of the project and its approval.

Speculation on the permitting barriers centers around a few factors, but a multi-state, multi-level route involving unproven high-speed vacuum-tube technology inherently triggers exhaustive safety, environmental, and engineering reviews that can stretch for years, even for conventional projects.

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There are also other elements, of course, like officials who may face political exposure if a privately funded, untested system encountered anything such as cost overruns, delays, or safety issues. On the outset of this project, there were limited things such as engineering plans or demonstrated technology maturity, which also added to the potential skepticism.

The East Coast vision for Boring Co., once framed as a privately funded revolution that could reshape Northeast travel, quietly ended without construction of the promised network. Musk’s recent statement frames the outcome as a regulatory impasse, unfortunate but not unexpected.

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