News
Nissan Leaf owner looks to buy Tesla Model 3 after battery invoice nightmare
A longtime Nissan Leaf owner and electric car enthusiast from Australia is looking to purchase a Tesla Model 3 for his next vehicle, following an unpleasant experience surrounding his present EV and a painfully large invoice for a battery replacement.
Canberra engineer Phillip Carlson has been a supporter of electric cars for a long time. This is why in August 2012, he took delivery of a first-generation 24 kWh Nissan Leaf, which he purchased for AU$53,500 (around $35,800). He enjoyed the vehicle and its electric propulsion, though he noticed that he was not getting the range advertised by the Japanese carmaker. Such was expected during winters, but even with regular use, it proved difficult to hit the vehicle’s rated 135 km (84 miles) of range.
Carlson submitted a series of complaints about his vehicle to his dealership over the Leaf’s warranty period, though he was periodically informed that there was nothing wrong with his car. Still, the range issues remained. By 2017, five years after the vehicle was bought, the Leaf was struggling to reach 60 km (37 miles) per charge. The EV enthusiast persisted in his complaints, and earlier this year, it appeared that the dealership finally looked into the issue seriously. “That was the first time they bothered looking at it after I complained so much,” he said in a statement to The Daily Mail Australia.
As it turned out, Carlson’s Leaf actually needed a battery replacement. The Nissan dealership then opted to address the issue, but for a very hefty price. The electric car advocate received an invoice for AU$33,385 (around $22,300) for a full battery replacement for his 7-year-old Leaf. The charge was quite cruel, especially since a 24 kWh first-generation Leaf could be acquired for just about AU$12,000 (around $8,000) in the second-hand Australian auto market.
In a statement to the Australian publication, a Nissan spokesperson stated that it is currently working with the Leaf owner to resolve his vehicle’s issues. As for Carlson, he believes that he should not be charged since his Leaf’s problems were not his fault. The EV enthusiast argued that much of his vehicle’s battery issues were due to Nissan’s design, which lacks ample cooling systems.
Yet, despite his unpleasant experience with his Leaf, Carlson stated that he has no intention of buying a non-electric vehicle. The engineer noted that his next car will definitely be all-electric — it just won’t be a Leaf. Instead, he is looking to purchase a Tesla Model 3, which has more range and has ample cooling for its hefty battery pack. Carlson is also more optimistic about Tesla as the company has extensive experience with electric cars and how they are evaluated and handled.
“Given my time again I’d prefer to hold off buying the Nissan and buy the new Tesla Model 3. Much better range, better support and built by a company that seems to actually care about customers and design their batteries to be (liquid)-cooled. That was the biggest problem with Nissan, even the new model Nissan Leaf still doesn’t water cool the battery,” Carlson said.
Nissan’s treatment of his vehicle’s issues might have been a nightmare, but ultimately, Carlson still considers the small, humble Leaf as a “fantastic” car. “Even as terrible as Nissan has treated me, the Nissan Leaf is still a fantastic car; it’s just that I can’t drive it very far anymore. Just to be clear, I am still a fan of electric vehicles but Nissan has done a terrible thing here,” he said.
H/T Glen Keating.
Elon Musk
Tesla Optimus project fires up as Musk sees production line progress
Tesla CEO Elon Musk posted a photo of himself standing with the Optimus production team inside Tesla’s Fremont factory, arms crossed amid workers in hard hats and safety vests. The image captures a pivotal industrial shift: the same facility space once dedicated to building Tesla’s flagship Model S sedan and Model X SUV is now home to the company’s humanoid robot manufacturing line.
Walking the Optimus production line in Fremont pic.twitter.com/ABS0tuRibW
— Elon Musk (@elonmusk) July 1, 2026
Tesla’s Fremont Factory, acquired in 2010 from the former NUMMI joint venture between Toyota and GM, has been the company’s original U.S. manufacturing hub since Model S production began in 2012.
The Model X followed soon thereafter. These premium vehicles offered lower annual volumes, recently around 30,000 combined, compared to the high-volume Model 3 and Model Y lines that continue around the site. Over their combined run, the S and X accounted for roughly 610,000 units.
In late January 2026, during Tesla’s Q4 2025 earnings call, Elon Musk announced the end of Model S and Model X production in Q2 2026. The final vehicles rolled off the line in early May. Rather than retooling for another vehicle, Tesla chose to convert the dedicated S/X assembly area into a dedicated Optimus Gen 3 production line.
Model 3 and Y manufacturing remains unaffected. Tesla’s official Fremont Factory page now lists Optimus alongside the 3 and Y as core products.
The conversion was executed with remarkable speed. After production stopped, crews dismantled the existing vehicle line and installed entirely new modular equipment—including lines sourced from Germany and dozens of sub-lines for actuators, batteries, and other components—in roughly four months.
Musk described the timeline as “insanely fast,” noting it would be unprecedented for any other manufacturer. Initial Optimus output is expected to ramp slowly due to the robot’s roughly 10,000 unique parts and the brand-new production processes involved. The Fremont line targets an eventual capacity of 1 million Optimus units per year.
Tesla isn’t joking about building Optimus at an industrial scale: Here we go
Optimus Development Timeline
- August 19, 2021: Optimus (then called Tesla Bot) formally announced at Tesla’s first AI Day. A concept video showed a person in a suit demonstrating the vision for a general-purpose humanoid capable of dangerous, repetitive, or boring tasks using the same AI architecture as Full Self-Driving.
- 2022: Early prototypes displayed. At the second AI Day in September, semi-functional units demonstrated walking across a stage and basic arm movements
- 2023: September videos showed improved capabilities, including sorting colored blocks, precise limb awareness, and holding a Yoda pose.
- 2024-early 2025: Factory integration videos showed Optimus navigating workspaces and handling objects like battery cells.
- January 2026: Gen 3 mass-production activities began at Fremont, with reports of over 1,000 Gen 3 units already operating inside the factory for real-world learning and AI training
- April 2026: Musk confirms Optimus production on converted Fremont line would begin in late July or August 2026. The Gen 3 reveal, originally eyed for Q1, was pushed closer to production start. A second, much larger Optimus factory at Giga Texas is under construction, with volume production targeted for Summer 2027 and long-term capacity of 10 million units annually
- July 1, 2026: Musk’s on-site visit and team photo confirm the Optimus line is operational and the transition is actively progressing
Tesla positions Optimus as potentially its largest project ever, leveraging vertical integration, AI expertise, and car-like manufacturing know-how to scale humanoid robots first for its own factories and later for broader industrial and consumer use.
The Fremont conversion serves as a critical proving ground for this ambitious new chapter in Tesla’s already-rich history.
Investor's Corner
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
Tesla short seller Michael Burry, the subject of the film “The Big Short,” where he was portrayed by Steve Carell, has revealed he has opened a new bet against the stock.
In a new update to his Substack newsletter in a post titled “Trading Post June 30, 2026,” Burry revealed a new set of bets against Tesla, Caterpillar, NVIDIA, Applied Materials Inc., and the iShares Semiconductor ETF.
In regard to Tesla, Burry wrote:
“And finally I shorted Tesla at 416.22. Happy it jumped back to this level.”
This means Burry likely opened his new short position after the company’s recent rally on Wall Street, which saw Tesla shares sink in mid-May, only to recover to well over the $400 mark. Currently, shares trade at around $427.
The company saw a big Tuesday as shares climbed considerably, over 10 percent. The size of the Tesla short was not provided, nor did Burry give any information on the position’s structure, the number of shares, dollar value, or whether options were used in the short.
The Tesla and SpaceX merger everyone is talking about is quietly building
Over the years, Burry has been one of the more vocal critics of Tesla, calling its share price “media inflated,” and saying it was “ridiculously overvalued” as recently as December.
The company has largely transitioned away from being known as an automotive company and instead is much more widely regarded as an AI play, mostly due to its Full Self-Driving efforts, Optimus robot development, and data collection related to both.
This has not pulled those skeptics away from being vocal about their distaste for how Tesla is valued, but there’s no denying that the company is a global force in many things, including sustainable energy, automotive, and AI.
Investor's Corner
SpaceX gets initial stock coverage from Tesla’s biggest bull
Wedbush Securities is initiating stock coverage on SpaceX (NASDAQ: SPCX), marking the first comments on the company since it went public several weeks ago. Wedbush and its analyst handling coverage, Dan Ives, are widely bullish on fellow Musk company Tesla (NASDAQ: TSLA).
Ives wrote his first note initiating coverage of SpaceX shares on Wednesday with a $190 price target and an ‘Outperform’ rating. The firm believes the company is well positioned off of its IPO because of its wide array of projects, including AI compute power and infrastructure, connectivity projects, and launches.
“We view SpaceX as one of the most differentiated assets within the tech market with a strong footprint across its three core markets, with Starlink driving success with connectivity,” Ives wrote, “Starship launches leading to a demand flywheel and increasing deal flow for its Colossus clusters.”
Elon Musk called it Epic: The full story of SpaceX’s Starship Flight 12
Wedbush leans heavily on Starlink, which they say is the “profitability driver given the strength of its recurring revenue base of ~12 million subscribers as of June 5th.” Ives believes Starlink is still in the “early innings” of penetrating the global telecommunications and broadband market, as it only holds less than a 1 percent share. However, this number is sure to increase over time.
It also highlights the importance of Starship, which it says is an “essential layer” of SpaceX’s overall success. SpaceX developing and displaying the ability to reuse rockets is a major cost and reliability advantage “as it reduces the necessary hardware launch costs while generating a feedback loop for future flights to improve their launch flight rate without accelerating capex spend.”
Finally, SpaceX’s recent AI/Compute projects are also very elementary, Ives writes. It is worth mentioning Wedbush said its $190 price target is derived from a valuation forecast that sees the company yielding roughly $2.48 trillion of implied enterprise value.
There are also some factors that Wedbush did not take into account with its initial coverage. The firm wrote in the note:
“We note that there is optional value coming from Starship’s accelerating scale towards sub-$200/kg unit economics, orbital data centers, and enterprise AI monetization as these factors could drive meaningful upside but these face major hurdles, so we do not take that into account with our valuation.”
SpaceX shares are down just over 2 percent today, trading at around $167 at the time of publication.