This past Saturday, news broke about a Tesla crashing into a parked tow truck and bursting into flames on a motorway in Moscow, Russia. Particularly notable about the incident was that after the initial crash, explosions racked the already burning electric car.
A number of developments have emerged about the story so far, which clarified initial misconceptions about the incident, from the make of the vehicle to the injuries incurred by its occupants. With this in mind, Teslarati has compiled this quick guide about what is currently known about this crash and its ensuing fiery aftermath.
The crash
A video of the accident taken from what appears to be a security camera showed the electric sedan passing a first stopped vehicle that had broken down and catching the corner of a tow truck that was sticking out into the adjacent lane. In a statement to CrimeRussia, Aleksey Tretyakov, the vehicle’s owner, noted that he had been traveling at 100 km/h, the speed limit in the area. The impact from the collision was enough to push the tow truck forward into the central dividing wall.
A video of the exact moment the Tesla crashed into the tow truck could be viewed below.
The make of the car
Initial reports that emerged following the accident tagged the Tesla as a Model S. With more videos of the crash’s aftermath emerging online, it now appears that the electric car involved in the accident was a Model 3, at least based on the shape of the vehicle’s taillights and headlights.
The fire
Videos of the Tesla on fire and the explosions that followed emerged on the heels of the accident. These clips, which were separate from the footage of the electric car crashing into the parked tow truck, showed a vehicle that was already ablaze. Two explosions could be seen in the videos, which resulted in parts of the electric car flying to the air.
Quite interestingly, the explosion within the vehicle seemed to have happened after the tow truck that the Tesla crashed into had been moved (the heavy vehicle does not seem to be in the vicinity when the explosions happened). As observed by Tesla Motors Club member KarenRei, the nature of the explosion in the Model 3 looked notably similar to an explosion that happens when an airbag explodes. A video of such an incident could be viewed here.
The injuries
Initial reports of the injuries that resulted from the accident pointed to the driver of the Tesla and his two children being severely injured. Russian media outlet IXBT.com, for one, noted that Tretyakov was in “intensive care” due to the crash. Later reports would prove this to be false. Speaking with CrimeRussia, the Tesla owner noted that both of his legs were broken due to the accident, but his two children were “practically not injured.”
Update: While CrimeRussia noted in its coverage of the incident that the Model 3 driver had two broken legs as a result of the crash, it appears that the news agency misquoted the Tesla owner’s statements. Vladimir Grinshpun, a native Russian speaker, noted in a message to Teslarati that the Tesla owner clearly stated during a video interview with the news agency that he had one broken leg and a broken nose due to the accident. A video of this interview could be accessed here.
A video depicting what appeared to be Tretyakov hobbling away from his vehicle as his two children walked ahead of him has also been aired on Russian media outlet Russia 24.
On Autopilot
Being a Tesla crash, it was not surprising to note that several reports promptly related the crash to the potential use of Autopilot. Discussing the incident, longtime TMC member mongo noted that since Teslas in Russia are imported through a third party, there was likely no Navigate on Autopilot support in the area. Thus, functions of Autopilot would likely be limited to basic features such as lane-keeping.
This was mentioned by Tretyakov himself, who noted that he was using a “driver-assist” feature and a “trimmed” version of Autopilot when the accident happened. The Tesla owner added that he was holding the wheel in the moments leading up to the crash, though he also admitted that he did not notice the parked tow truck on the road. Based on the video of the Tesla’s crash, it appears that either the vehicle or Tretyakov engaged the brakes just before the car hit the parked truck.
Tesla’s statement
Tesla is yet to issue a formal statement about the incident, though the electric car maker has recently published its most recent vehicle accident and fire data. Tesla notes that from 2012 – 2018, “there has been approximately one Tesla vehicle fire for every 170 million miles traveled. By comparison, data from the National Fire Protection Association (NFPA) and U.S. Department of Transportation shows that in the United States there is a vehicle fire for every 19 million miles traveled.” It should be noted that Tesla’s data set includes instances of vehicle fires caused by structure fires, arson, and other things unrelated to the vehicle, which account for about 15% of Tesla vehicle fires over this time period.
H/T JPR007 on Twitter.
Elon Musk has firmly denied recent media reports suggesting that SpaceX has reduced its target valuation for an upcoming initial public offering.
The denial came directly from the SpaceX and Tesla frontman on his social media platform X, where he responded with a single word, “False,” to a post from ZeroHedge that cited Bloomberg sources.
This swift rebuttal underscores Musk’s ongoing effort to manage speculation surrounding one of the most anticipated market debuts in recent history.
False
— Elon Musk (@elonmusk) May 29, 2026
According to the disputed reports, SpaceX had lowered its IPO valuation goal to at least $1.8 trillion from previous ambitions exceeding $2 trillion.
The claims emerged amid growing anticipation for the company’s confidential S-1 filing, which positions it for a potential public listing as early as June.
Some had pointed to strong revenue growth, particularly from the Starlink satellite internet service, which contributed heavily to the firm’s 2025 figures of $18.7 billion. Yet challenges persist in other areas, including substantial investments and losses tied to ambitious projects like Starship development and artificial intelligence initiatives, which plan to make life multiplanetary eventually.
Musk’s response highlights a pattern in which he actively counters what he views as inaccurate portrayals of his companies’ trajectories.
SpaceX, already valued privately at extraordinary levels, stands as a cornerstone of Musk’s empire alongside Tesla and xAI. The entrepreneur has long emphasized the transformative potential of reusable rockets and global broadband access, factors that fuel investor enthusiasm despite operational hurdles.
By rejecting the valuation downgrade narrative, Musk signals confidence in SpaceX’s fundamentals and its readiness for public markets on terms favorable to its long-term vision. People have been waiting a very long time to invest in SpaceX, and the valuation, as well as the introductory share price, is not going to need adjusting.
They’ll have plenty of suitors.
This episode reflects broader dynamics in the technology sector, where rumors often swirl around high-profile entities. Musk’s direct engagement with media narratives serves to maintain transparency and control the narrative around his ventures.
As SpaceX prepares for greater scrutiny in public markets, the founder’s denial reinforces optimism about its prospects. Supporters argue that the company’s innovative edge positions it for enduring success, far beyond short-term valuation debates. With the denial now public, attention turns to forthcoming regulatory filings that could provide clearer insights into SpaceX’s strategy and financial health.
The coming weeks promise to reveal more about how SpaceX will transition into a publicly traded powerhouse.
Tesla’s dreams of operating a fully autonomous ride-hailing platform just took a massive step toward reality, as two separate events have indicated the company is perhaps closer than ever to achieving self-driving as a product.
On Thursday, Tesla was granted authorization by the State of Texas to operate driverless vehicles in a commercial manner. On May 28, Senate Bill 2807, passed by the 89th Texas Legislature, took effect after being passed back on September 1, 2025.
The bill establishes a statewide regulatory framework requiring authorization from the Texas Department of Motor Vehicles for companies to operate automated vehicles commercially on Texas roads.
This covers driverless, or SAE Level 4+, operations for passenger transport, meaning Robotaxi, or freight.
Tesla and other companies can self-certify their vehicles and tech as long as they:
- Operate in compliance with Texas traffic laws
- Maintain proper registration, title, and insurance
- Use compliant automated driving systems
- Record onboard activity and handle system failures and glitches safely.
The new authorization, which was first reported by James Stephenson on X, allows companies to utilize their own processes to determine if their vehicles are ready to operate without drivers.
🚨BREAKING:
Tesla has been authorized by the State of Texas to operate driverless vehicles commercially under the new law that took effect today, May 28th, 2026. Tesla has officially self-certified the software running on its robotaxis as Level 4. $TSLA pic.twitter.com/KSJdsvlaW5— James Stephenson (@ICannot_Enough) May 28, 2026
It is a rule that expedites the entire approval process, keeping agencies out of a usually long, lengthy, and frustrating task that is essential to technological advancements. It essentially means Tesla can launch commercial Robotaxi operations at this point.
On the very same day, Tesla continued the momentum as CEO Elon Musk shared a video of Cybercab units autonomously driving off the property at Gigafactory Texas. This is a major step in the story of the Cybercab.
Mass production of the Cybercab started at Giga Texas in April, and it is already heading out of the factory on its own.
Cybercab driving itself out of the GigaTexas factory pic.twitter.com/EwAMVVDjYy
— Elon Musk (@elonmusk) May 28, 2026
These two major events mark a drastic step forward in Tesla’s progress toward Cybercab and the permissions it needs to operate a self-driving ride-hailing service. Tesla is now able to operate autonomously under Texas law by self-certifying, and with the potentially imminent rollout of Cybercab, Tesla’s autonomous dreams are starting to take serious shape.
Elon Musk
The Tesla and SpaceX merger everyone is talking about is quietly building
Tesla and SpaceX may be closer to merging than Wall Street or either company is admitting.
Elon Musk has reportedly discussed merging Tesla and SpaceX with people close to him, according to CNBC, which cited sources familiar with the conversation. Tesla employees have long expected such a transaction and the topic is openly discussed internally, according to internal sources. With SpaceX is days away from kicking off its Wall Street roadshow for what could be the largest IPO in market history, this would be the first time the company will have public market currency to execute a stock-for-stock deal with Tesla.
The financial logic for a merger would make sense. A combined SpaceX and Tesla would create a conglomerate spanning rockets, satellites, electric vehicles, AI infrastructure, and energy storage valued at roughly $3.35 trillion to $3.6 trillion based on SpaceX’s IPO target range and Tesla’s current market capitalization. The two companies are already more intertwined than most people realize. SpaceX bought $697 million worth of Tesla Megapack systems for xAI data centers and $131 million worth of Cybertrucks. Tesla invested $2 billion in xAI, which subsequently merged with SpaceX. Past transactions also include Tesla selling solar equipment and parts to SpaceX, and SpaceX helping with Cybertruck materials.
Will Tesla join the fold? Predicting a triple merger with SpaceX and xAI
Musk himself signaled where this was heading in November 2025 when he posted on X, “My companies are, surprisingly in some ways, trending towards convergence.” Tesla and SpaceX announced a joint semiconductor fabrication facility in Austin called Terafab on the Gigafactory Texas campus, covering two advanced chip factories, with one serving Tesla’s AI needs for vehicles and Optimus robots, the other targeting space-based data centers under SpaceX’s infrastructure vision.
Wedbush analyst Dan Ives places the probability of a merger at 80% to 90% with a target completion in the first half of 2027. The mechanics of a deal became possible the moment SpaceX filed its S-1. Legal experts said a merger likely would not spark antitrust issues but would raise concerns among shareholders in each company, with questions around which company would be the parent, how a stock swap would take place, and who determines the appropriate price. Musk holds about 20% of Tesla’s equity but controls 85.1% of SpaceX’s voting power through a super-voting share class, meaning he would largely be negotiating the terms with himself.
Not everyone is convinced the timing is imminent. Traders on Kalshi place only 33% odds that a merger will happen before May 2027. The more immediate concern for Tesla shareholders is whether the SpaceX IPO pulls capital and Musk’s attention away from Tesla before any merger consolidates the upside for both.
What is clear is that the structural groundwork is already being laid. The Terafab announcement, the xAI merger, the shared supply chain, the cross-company balance sheet transactions, and now the IPO all point in the same direction. Whether the merger follows in 2027 or later, the two companies are already operating more like divisions of a single entity than independent competitors.
Elon Musk strikes down reports on SpaceX IPO rumors
Tesla’s Robotaxi dreams just took a massive step toward reality
