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Tesla Model 3 impressively ‘swims’ in deep waters in China amid ongoing floods
China has been inundated with heavy torrential rains since June, causing numerous cities across the county to be flooded. The rains have been so heavy that even the Three Gorges Dam, the world’s largest hydropower plant, is being put to a grueling test. With the country facing its worst flooding since 1998, some cities could end up flooded with just a few hours of rain.
Such an incident happened at the end of July, with the city of Xian getting its streets submerged after just about an hour of rain. A clip from the recent flooding was recently posted online, and it included a good view of the city’s roads being completely flooded. Quite surprisingly, it also included a Tesla Model 3 bravely taking on the deep floodwaters in stride.
The video was brief, but it does suggest that the all-electric sedan was not having issues with the flood. The vehicle simply waded through until it reached a section of the road with shallower waters. Other vehicles such as motorbikes traveling in similar areas also looked almost like jet skis due to the depth of the flood.
Other posts have emerged from China depicting similar feats from Tesla’s most affordable sedan. One such video showed a white Model 3 that was practically swimming as it was halfway submerged, and sure enough, the vehicle did not seem to have issues navigating through the water. People in the background, some of whom seemed to be surprised at the vehicle, could be heard remarking that the car was a Tesla.
While the videos from China may be a bit stressful for avid EV enthusiasts, it should be noted that Tesla made some notable preparations for the locally-produced Model 3 that may have contributed to the vehicle’s performance in submerged streets. Back in November, sightings of Model 3 around the Gigafactory Shanghai complex were abounding, and it became evident that the vehicles were first production units made in the facility itself.
One of these sightings involved a blue Made-in-China Model 3 seemingly undergoing flood testing. The short video showed a Model 3 driving across a deliberately flooded section of the Gigafactory Shanghai complex. Tesla China did not provide further information about the video, but speculations from the local EV community suggested that the electric car maker was ensuring that its locally-made Model 3 would be resistant to floods.
Based on the recently shared videos from China, it appears that the Model 3 is indeed quite resilient when faced with floodwaters. This bodes well for Tesla’s ramp in China, as floods are quite common in the country and in nearby Southeast Asian regions, thanks to the multiple typhoons that hit the area every year. Amidst China’s push for electric cars, a flood-resistant, reasonably-priced vehicle from Tesla could very well attract a significant consumer base.
The current rainy season and flooding in China have so far affected 55 million people in 27 of the country’s 31 provinces. As of July 28, at least 158 people have been listed as dead or missing by the country’s Ministry of Emergency Management. Direct economic losses have been estimated at about 144 billion yuan (about $20.6 billion), which is 14% higher than the country’s five-year average, as per the Nikkei Asian Review. That being said, Pictet Wealth Management in Hong Kong still expects China’s growth forecast for 2020 to be around 1.8%, thanks to a potentially “strong rebound” in industrial activities.
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:
Next year, I will give one of my SpaceX shares to every kid in America.
This will be the first of many.
— Elon Musk (@elonmusk) October 19, 2026
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.
Tesla CEO Elon Musk took to his social media platform X on Sunday to remind everyone that the Roadster’s true meaning is not about company growth or adding dollars to shareholders’ pockets. Sometimes, you just do things because you can.
Following the Roadster’s epic unveiling event last Thursday, skeptics and critics of the company or the project itself came out to say that the vehicle is a pointless project because it is not geared toward growing the company, delivering supreme margins for profitability, nor does it contribute to the big picture of Artificial/Super Intelligence.
But that’s just the thing: Roadster is not meant to be some shareholder dream; it’s meant to be a vehicle that people buy just because it is something awesome, unique, and the first of its kind.
Tesla Roadster: Three configs, one can fly, 0-60 in 0.8 seconds
Musk had to remind those who are skeptical about the Roadster’s importance to the company mission that while it is not a major contributor to Tesla’s long-term goals, it is something that is being built just because it can be:
“Optimus and Cybercab will be the vast majority of Tesla’s value. The only things that will scale to incredible size (K2 and beyond) economically are super intelligence, robots, solar power, and mass to space. And, of course, if you have the first two, the rest will follow. But Roadster is super cool, so we’re doing it anyway.”
Musk has said on many occasions that Optimus would be the project that would make up the vast majority of Tesla’s value in the coming years.
Robotics will be a major focus of Tesla over the coming years, especially as Musk believes Optimus will enable work to be optional for humans and will enable what he calls “High Universal Income.”
Optimus and Cybercab will be the vast majority of Tesla’s value.
The only things that will scale to incredible size (K2 and beyond) economically are super intelligence, robots, solar power and mass to space.
And, of course, if you have the first two, the rest will follow.
But Roadster is super cool, so we’re doing it anyway.
— Elon Musk (@elonmusk) October 18, 2026
Cybercab will be a passive income opportunity for owners, Musk and Tesla have said for a very long time, as a fleet of self-driving vehicles will operate within a ride-hailing Robotaxi service that won’t require a human driver to be present.
Tesla investors are more than enthusiastic about the company’s future projects, at least from a general consensus perspective. However, it is important to note that the Roadster is a fun and cool project that pushes the boundaries of what people thought was possible for an automobile.
What we saw last week was the first true example of a flying car, and despite the backlash about how it might not contribute to Tesla’s grand ambitions, it’s okay to have fun sometimes, too.
Investor's Corner
SpaceX’s biggest earnings test yet lands Tuesday, and Tesla shareholders should be watching
SpaceX reports earnings Tuesday as Wall Street watches AI spending, Starlink growth and Tesla merger
SpaceX reports third quarter results after the market closes Tuesday, with a webcast at 4:30 p.m. ET streamed on X, and Tesla follows a day later. Bloomberg consensus, cited by Pepperstone, calls for revenue of $12.89 billion, adjusted EBITDA of $6.62 billion and adjusted EPS near $0.15. That would be about 65% growth from the second quarter and SpaceX’s first profitable quarter since its IPO. Analysts expect roughly $6.4 billion from AI and $4.9 billion from Starlink, which is projected to reach 14.3 million consumer subscribers. Capital spending is forecast at $19.6 billion, leaving free cash flow near negative $11.6 billion.
The numbers matter because SpaceX has spent months trying to win over a skeptical market. It priced its record IPO at $135, spiked to $225.64, then sank near $105 in early August. Friday’s close of $146.03 sits about 28% below the June high. The Q2 report beat on revenue at $7.8 billion and put Starlink at 12 million subscribers, but $18.4 billion of capex hurt the stock. Since then SpaceX reached orbit on Starship Flight 14 with 26 Starlink V3 satellites, agreed to buy 800 MHz spectrum for about $8 billion as part of its Starlink Mobile push, and signed a fourth compute hosting deal in four months worth roughly $13 billion a year from December. Management is targeting more than 2 gigawatts of compute by year end and a $100 billion annualized revenue run rate. Evercore ISI, which raised its target to $275, said the quarter may be judged more on those targets than the reported figures
All of this sits under the Tesla merger question. Barclays analyst Dan Levy expects an all stock deal in which SpaceX buys Tesla at a premium, using reference values of $2.1 trillion and $1.5 trillion, and said an announcement would need to come by late October or early November to be voted on at Tesla’s December 6 annual meeting. Barclays estimates Musk would hold about 37% of the combined company and 56% of the votes. Musk said in July that combining companies cannot be discussed on an earnings call, but an investor question asking when SpaceX will merge with Tesla is sitting on SpaceX’s Q&A platform, and Teslarati has tracked how the Roadster demo revived the talk.
If a deal happens, Tuesday’s result would effectively set the price Tesla holders would receive. Their shares would convert into SpaceX stock, along with exposure to a company with a heavy investment on AI, while Tesla itself expects 2026 capex above $25 billion. A strong quarter and calmer spending would make that exchange easier to sell. Another round of heavy capex and a falling stock would make it harder.
Elon Musk will give ‘every kid in America’ a SpaceX share in 2027
Tesla CEO Elon Musk reminds everyone about Roadster’s true meaning
SpaceX’s biggest earnings test yet lands Tuesday, and Tesla shareholders should be watching
SpaceX reveals how its 1 Million AI satellite network will work and prevent space collisions
Tesla Roadster: Three configs, one can fly, 0-60 in 0.8 seconds
