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Tesla Model S Charging Costs in Australia
Tesla Motors seen as a key sponsor of Web Directions in Sydney, Australia.
More than 2 years after the it first went on sale in the US the Model S arrived in Australia in late December 2014. As an early owner of the Model S the car generates a lot of interest from friends, neighbours and the general public when you’re out and about. One of the most common questions is how much does it cost to run. We need a new language to describe this as litre’s per 100km doesn’t work and a “full tank” in a Model S is less than a normal tank in a modern petrol car. The answer I find people find easiest to understand is $11 for a full charge which lasts for around 500kms.
Compared to a petrol car this is great, current models will give you 500 – 1000kms from a tank but you’ll spend $50 to $100 to fill them up (at the current, and relatively cheap fuel prices).
Victorian Government’s initiative called for an expansive roll out of digital smart meters across residential and small businesses. Source: Energy Australia
To understand where the $11 comes from let’s dig into electricity pricing in Australia a little more. Historically homes have been configured with analog meters. All the power we use is charged at a flat rate day and night. Optionally an off peak circuit was often installed which was only connected to the hot water service. Available into two variants supply is remotely controlled by the electricity company for circa 6 or 12 hours per day.
More recently smart meters are being installed on new dwellings and with consumers that have added solar photovoltaics to their home. In certain states such as Victoria blanket rollouts of smart meters have been known to occur. Once installed electricity is charged on tariffs that vary across different times of the day for weekdays and weekends. Tariffs vary across networks but generally consist of a peak morning or late afternoon & evening period, shoulder during the remaining waking hours on weekdays and across the weekend and off peak for overnight.
Charging Costs and Meter Options in Australia
For both analog and smart meters the difference in tariffs between their maximum and minimum are material. From a low of circa $0.10/kWh on off peak to a high of $0.50/kWh in peak periods.
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Analog Meter
- If you’re on an analog meter you can wire your charger to a standard circuit and charge at any time, or choose one of the two controlled load circuits to get cheaper power but with less control. Note that you can’t mix standard and controlled circuits so you’ll have to choose one or the other. Having the electric company control when to supply your electricity may not work for you if you plan on taking consistent high length trips in your Model S each day. Especially since you’ll likely require a nightly charge with a guarantee of no interruption.
Smart Meter
- If you’re on a smart meter, find out what time your off peak starts, configure your Tesla Model S to start charging at this time, plug in every night and you’ll almost certainly be charging on the cheapest power all the time. The off peak periods are long enough to get a full charge on a standard 32 Amp charger for all but the most depleted of batteries. On the rare occasion that you can’t complete your charge during the off peak period you’ll simply push the small remaining part into a shoulder or peak tariff.
A smart meter provides much greater flexibility, but the real cost of changing from an analog needs to take into consideration your whole home.
The average Australian home uses around 20kWh of electricity per day or and the average vehicle travels 270kms per week. In Model S terms this equates to 140 kWh per week on your home and 55-65 kWh per week to charge the car.
Obviously these figures vary enormously depending on your personal home and driving habits but car charging is likely to remain the smaller part.
What about charging from solar? Everyone that has solar has a smart meter and hence the ability to control the price they pay for the electricity which is used for charging their car. Households that installed solar early are on feed-in tariffs which pay them for all or just the excess power that they produce. In the majority of cases these rates are much higher than the cheapest power available over night. Those that aren’t on solar power are mostly being paid feed in tariffs which are only marginally lower than the price they pay for power over night.
ALSO SEE: One Telsa owner’s journey with installing photovoltaic cells through SolarCity
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Most users will be better off using their solar in their home or selling it then buying cheap power overnight to charge their car. There are certainly users for whom it would be cheaper to charge from the power generated through their solar system, but the cost and complexity of making it work is unlikely to stack up. Some form of power router is needed that can take into account usage by other appliances in your home, the tariffs, the amount of charge your car needs each day and the potentially intermittent supply of sun on any given day.
LEARN MORE: How to reduce your electricity usage at home in Australia?
Elon Musk
The Boring Company’s newest tunnel vehicle runs on Tesla parts and no one is driving it
The Boring Company’s new tunnel vehicle runs on Tesla Model 3 batteries and drive units.
The Boring Company just introduced a new piece of hardware, and it runs on parts pulled straight from a Tesla showroom. Liner Truck 3, unveiled in a post from the tunneling company’s official X account, is an all electric vehicle built around Tesla Model 3 battery packs and drive units, purpose built to move concrete tunnel segments to the boring machine face without a single person underground.
Introducing Liner Truck 3 — our latest fully electric tunnel vehicle.
– Tesla Model 3 battery and drive units
– Transports 22,000+ lb of concrete segments to the boring machine
– 28 miles of range
– 12 mph max operating speed
– Remotely piloted from Global OCC in Texas, with… pic.twitter.com/XB7FgSXnpy— The Boring Company (@boringcompany) August 7, 2026
The job itself is unglamorous but critical. Each precast segment run weighs more than 22,000 pounds, roughly the load of a full cement mixer, and Liner Truck 3 hauls that weight repeatedly between the surface staging area and wherever the Prufrock machine happens to be cutting.
The Boring Company said Liner Truck 3 is piloted remotely out of its Global Operations Control Center in Texas, extending the Zero-People-In-Tunnel approach the company has spent years building toward. An earlier version of a ZPIT liner truck was already tested at the company’s Bastrop, Texas research tunnels, and a factory tour released last month showed an employee flying a fully loaded liner truck with a PlayStation controller. Liner Truck 3 looks like the production version of that same idea, cleaned up and pushed into daily use.
The timing lines up with a company digging in more places than it ever has before. The Boring Company now has multiple Prufrock machines active or arriving in Nashville, where Music City Loop construction has been accelerating since February, and its Vegas Loop network keeps adding tunnel mileage on a near monthly basis. Every one of those projects depends on getting concrete segments to the cutting face fast enough to keep the boring machine from idling, which is exactly the bottleneck Liner Truck 3 is designed to remove.
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It also reinforces something Tesla owners have watched happen gradually across Musk’s companies: passenger car hardware finding a second life in heavy equipment. Model 3 drive units already move people through the Vegas Loop, and now the same components are hauling concrete underground in Nashville and wherever The Boring Company digs next. Whether that kind of component reuse extends further into TBC’s equipment lineup, or into other Musk owned industrial hardware, is the next thing worth watching.
SpaceX stock did the opposite of what most of Wall Street expected this week, when the day designed to be its most dangerous turned into a rally, and the rally kept going.
Thursday marked the first major lockup expiration since SpaceX’s June IPO, making roughly 911.5 million insider held shares eligible to trade for the first time, more than doubling the company’s public float. Analysts and short sellers had spent weeks bracing for a flood of selling, especially after the stock fell 13 percent following its first earnings report as a public company on Tuesday. Instead, shares rose 6.1 percent Thursday to close at $114.92, and by Friday they were trading near $129, up more than another 12 percent on the day.
SpaceX shorts get warned by Musk ally, echoing Tesla’s early struggles
The setup made the outcome notable. Short interest had climbed to roughly 34 percent of the float heading into earnings, among the highest of any large cap stock, with about 95 percent of available shares to borrow already on loan. CEO Elon Musk warned short sellers twice in the weeks before the lockup, writing on X that “the survival probability of firms who maintain a significant short position in SpaceX over time is very low,” then following up on the morning of earnings with “I try to warn them, but they just double down.”
When the newly unlocked shares hit the market and the selloff never showed up, some of that short position appears to have started unwinding. TipRanks reported that options activity shifted toward bullish strategies like put selling and risk reversals following the rally, with roughly $600 million in options premium trading Thursday alone. Retail buyers also stepped in during the earnings dip, according to Vanda Research.
The fundamentals behind the stock have not changed much in a week. SpaceX’s revenue nearly doubled year over year to $7.8 billion, with Starlink subscribers doubling to 12 million and the company’s AI segment growing 247 percent. What spooked investors on Tuesday was the spending side. Capital expenditures jumped to more than $18 billion for the quarter, up from $2.8 billion a year earlier, with AI investment alone rising from $749 million to $15.8 billion. Wall Street remains split on whether that spending is building infrastructure SpaceX needs or outrunning what the business can currently support, a debate Teslarati has tracked since shares first came under pressure.
None of that resolves the bigger question hanging over the stock. Thursday’s release was only the first of nine staggered lockup tranches, with roughly $800 billion worth of additional shares scheduled to become eligible through October, and Musk’s own stake stays locked until next June. If this week is any indication, the market is treating that supply as something it can absorb rather than something to fear, at least for now.
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News
The Boring Company’s newest Vegas Station has a permit quietly waiting behind it
Sahara Las Vegas opened a new Vegas Loop station, joining an exclusive two resort transit club.
Sahara Las Vegas opened a new Vegas Loop station Thursday, giving The Boring Company’s underground transit system its northernmost stop yet on the Strip. The station sits at Sahara’s Paradise Road entrance, on the southeast corner of Las Vegas Boulevard and Sahara Avenue, and connects riders to the Las Vegas Convention Center, other Strip resorts on the network and, eventually, Harry Reid International Airport.
The addition makes Sahara the second resort, after Fontainebleau opened its own station in January, to get a stop built at street level rather than tucked into the property itself. Sahara now joins Westgate as the only two Strip resorts offering both a Vegas Loop station and a stop on the Las Vegas Monorail, giving guests two separate ways to get around without leaving the property.
The Boring Company just doubled its tunneling power in Nashville
The bigger news buried in Thursday’s announcement is what comes next. Boring Company has already secured its first permit to tunnel north of Sahara Avenue, extending the network beyond where it currently ends, even though permits to push the Loop toward downtown Las Vegas still haven’t been granted. Crews are also working on a two mile dual tunnel line running from Westgate to a planned station at 4744 Paradise Road, just north of Tropicana Avenue, that Las Vegas Convention and Visitors Authority CEO Steve Hill has said the company hopes to open in time for November’s Las Vegas Grand Prix.
Ridership has grown alongside the buildout. The Loop moved roughly 82,000 passengers during CONEXPO in early March, a total the company highlighted on its own X account at the time, and the system has now carried more than 4 million passengers through 11 open stations since it began running in 2021. The airport connector tunnels, meant to give the Loop a direct link to Harry Reid, have slipped past their original first quarter target and remain under construction, with Boring Company director Mike Baier saying that a full opening is still a few months out.
For Sahara, the calculation is straightforward. Convention traffic drives a large share of Loop ridership, and a station at the property’s front door gives conventiongoers one more reason to book rooms on the Strip’s north end instead of closer to the convention center itself.
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The Boring Company’s newest tunnel vehicle runs on Tesla parts and no one is driving it
Elon Musk and SpaceX shrugs off the trading day Wall Street feared most
