News
Tesla Model 3 ‘handover party’ will be on July 28, first 30 customers will receive keys
Tesla will hold a Model 3 ‘handover party’ otherwise known as the Model 3 launch event on Friday, July 28. CEO Elon Musk tweeted that the first 30 customers of the highly sought after electric sedan that’s expected to have over 300 miles of range will be presented keys to their vehicles. We saw a similar type event for Model X when the first six Falcon-winged SUVs were handed over to their new owners, including Tesla board members and early investors like Google co-founder Sergey Brin.
Expected in the event is a presentation by Musk touting Model 3’s features, including its battery range and performance. The first batch of Model 3 vehicles produced – Tesla announced that Model 3 production is two weeks ahead of schedule – will be single motor rear-wheel drive vehicles, followed by a dual motor and performance variant of the Model 3 in early 2018.
Handover party for first 30 customer Model 3's on the 28th! Production grows exponentially, so Aug should be 100 cars and Sept above 1500.
— Elon Musk (@elonmusk) July 3, 2017
With less than four weeks remaining before the first vehicles are handed over to their new owners, Tesla will likely do a limited launch of the Model 3 Design Studio to early customers. Musk noted during Tesla’s recent annual shareholder’s meeting that the initial rollout of the online configurator will provide buyers with a choice of color and wheel type.
“It’s kinda gonna be like what color do you want, and what size do you want? That’s basically gonna be the configurator” said Musk about the upcoming Model 3 Design Studio. Tesla’s recent specifications sheet comparing Model S vs. Model 3 revealed the choice of an 18″ or 19″ wheel for Model 3.
Attendees of the upcoming invite-only Model 3 event will also likely be given the opportunity to ride in the final production vehicle.
What else might we expect from the Model 3 launch event?
- Showcase of Project Loveday fan-made Tesla commercials – According to the terms and conditions outlined for the contest, one Grand Prize Winner “with the top winning Submission will be invited to and introduced at a future Tesla product launch event. Tesla will pay for reasonable travel expenses and accommodations for 2 people for 2 nights.” It’s unclear whether the upcoming Model 3 handover party qualifies as a “product launch event”, but timing for the end of the contest and Model 3’s July 28 event would lead us to believe that the Grand Prize Project Loveday winner will have their commercial featured at the upcoming event.
- Boring Company demonstration – Because the Model 3 event will likely be held at Tesla’s Design Studio which is adjacent to SpaceX and also The Boring Company’s soon-to-be-operational electric skate elevator, we might even see a first demonstration of a Model 3 being lowered into a transportation tunnel.
- Tesla Model 3 total reservation tally to date
As always, Teslarati will be at the handover party bringing you live behind the scenes coverage from the event. Be sure to follow us @Teslarati to see pre-event photos and more.
Elon Musk
Brazil Supreme Court orders Elon Musk and X investigation closed
The decision was issued by Supreme Court Justice Alexandre de Moraes following a recommendation from Brazil’s Prosecutor-General Paulo Gonet.
Brazil’s Supreme Federal Court has ordered the closure of an investigation involving Elon Musk and social media platform X. The inquiry had been pending for about two years and examined whether the platform was used to coordinate attacks against members of the judiciary.
The decision was issued by Supreme Court Justice Alexandre de Moraes following a recommendation from Brazil’s Prosecutor-General Paulo Gonet.
According to a report from Agencia Brasil, the investigation conducted by the Federal Police did not find evidence that X deliberately attempted to attack the judiciary or circumvent court orders.
Prosecutor-General Paulo Gonet concluded that the irregularities identified during the probe did not indicate fraudulent intent.
Justice Moraes accepted the prosecutor’s recommendation and ruled that the investigation should be closed. Under the ruling, the case will remain closed unless new evidence emerges.
The inquiry stemmed from concerns that content on X may have enabled online attacks against Supreme Court justices or violated rulings requiring the suspension of certain accounts under investigation.
Justice Moraes had previously taken several enforcement actions related to the platform during the broader dispute involving social media regulation in Brazil.
These included ordering a nationwide block of the platform, freezing Starlink accounts, and imposing fines on X totaling about $5.2 million. Authorities also froze financial assets linked to X and SpaceX through Starlink to collect unpaid penalties and seized roughly $3.3 million from the companies’ accounts.
Moraes also imposed daily fines of up to R$5 million, about $920,000, for alleged evasion of the X ban and established penalties of R$50,000 per day for VPN users who attempted to bypass the restriction.
Brazil remains an important market for X, with roughly 17 million users, making it one of the platform’s larger user bases globally.
The country is also a major market for Starlink, SpaceX’s satellite internet service, which has surpassed one million subscribers in Brazil.
Elon Musk
FCC chair criticizes Amazon over opposition to SpaceX satellite plan
Carr made the remarks in a post on social media platform X.
U.S. Federal Communications Commission (FCC) Chairman Brendan Carr criticized Amazon after the company opposed SpaceX’s proposal to launch a large satellite constellation that could function as an orbital data center network.
Carr made the remarks in a post on social media platform X.
Amazon recently urged the FCC to reject SpaceX’s application to deploy a constellation of up to 1 million low Earth orbit satellites that could serve as artificial intelligence data centers in space.
The company described the proposal as a “lofty ambition rather than a real plan,” arguing that SpaceX had not provided sufficient details about how the system would operate.
Carr responded by pointing to Amazon’s own satellite deployment progress.
“Amazon should focus on the fact that it will fall roughly 1,000 satellites short of meeting its upcoming deployment milestone, rather than spending their time and resources filing petitions against companies that are putting thousands of satellites in orbit,” Carr wrote on X.
Amazon has declined to comment on the statement.
Amazon has been working to deploy its Project Kuiper satellite network, which is intended to compete with SpaceX’s Starlink service. The company has invested more than $10 billion in the program and has launched more than 200 satellites since April of last year.
Amazon has also asked the FCC for a 24-month extension, until July 2028, to meet a requirement to deploy roughly 1,600 satellites by July 2026, as noted in a CNBC report.
SpaceX’s Starlink network currently has nearly 10,000 satellites in orbit and serves roughly 10 million customers. The FCC has also authorized SpaceX to deploy 7,500 additional satellites as the company continues expanding its global satellite internet network.
Energy
Tesla Energy gains UK license to sell electricity to homes and businesses
The license was granted to Tesla Energy Ventures Ltd. by UK energy regulator Ofgem after a seven-month review process.
Tesla Energy has received a license to supply electricity in the United Kingdom, opening the door for the company to serve homes and businesses in the country.
The license was granted to Tesla Energy Ventures Ltd. by UK energy regulator Ofgem after a seven-month review process.
According to Ofgem, the license took effect at 6 p.m. local time on Wednesday and applies to Great Britain.
The approval allows Tesla’s energy business to sell electricity directly to customers in the region, as noted in a Bloomberg News report.
Tesla has already expanded similar services in the United States. In Texas, the company offers electricity plans that allow Tesla owners to charge their vehicles at a lower cost while also feeding excess electricity back into the grid.
Tesla already has a sizable presence in the UK market. According to price comparison website U-switch, there are more than 250,000 Tesla electric vehicles in the country and thousands of Tesla home energy storage systems.
Ofgem also noted that Tesla Motors Ltd., a separate entity incorporated in England and Wales, received an electricity generation license in June 2020.
The new UK license arrives as Tesla continues expanding its global energy business.
Last year, Tesla Energy retained the top position in the global battery energy storage system (BESS) integrator market for the second consecutive year. According to Wood Mackenzie’s latest rankings, Tesla held about 15% of global market share in 2024.
The company also maintained a dominant position in North America, where it captured roughly 39% market share in the region.
At the same time, competition in the energy storage sector is increasing. Chinese companies such as Sungrow have been expanding their presence globally, particularly in Europe.