Elon Musk
I took a Tesla Model Y weekend-long Demo Drive – Here’s what I learned
I had a weekend with the new Tesla Model Y, and it truly solidified that EVs are the future, if we didn’t know that already.
Tesla offered me a weekend-long Demo Drive in the new Model Y, a new program the company is offering to people as a way to taste what it is like to own an EV. For me, it was a great look into owning an EV while renting a townhouse without charging infrastructure, but it gave me a lot more insight as well.
A Sales Advisor at a local showroom texted me several weeks back to see if I would want to take the new Model Y from the showroom to my house for a weekend. I immediately said yes, scheduled a weekend when family and friends would be nearby to experience things like Full Self-Driving, and booked it.
I picked it up on Saturday at 6 p.m. as the showroom closed, and I was on my way back home within ten minutes.
First Things First
My first order of business was getting some Full Self-Driving demos in, taking my Fiancè for a hands-free — but supervised — journey first. It was not her first time experiencing FSD, as we had taken a Demo Drive a few months back and experienced Hardware 3 and the past iteration of the Model Y.
However, we only used FSD for about ten minutes while checking out a Model Y to buy back in February.
The next morning, we picked my parents up for breakfast and took them on their first-ever FSD experience. They live in a rural part of my hometown in Southern Pennsylvania, where there are no lines on the road, potholes everywhere, deer constantly crossing the road, and sharp turns that can be dangerous during the daytime, as you cannot see oncoming headlights.
🚨 First order of business: Took my parents on an FSD journey.
“Wow!”
“This is crazy!”
You could hear the skepticism in my Dad’s voice as I started the drive. By the end of it, he couldn’t believe how it navigated non-lined backroads to his house! https://t.co/qisRxDlY5O
— TESLARATI (@Teslarati) May 4, 2025
It was really something to see how my Dad changed his belief on FSD in the matter of just a few minutes. The night before, I took my Mom and Step Dad on a drive, and they felt the same way. My Dad is just more vocal about his skepticism, so I was happy to hear the reversal of his perspective.
Living without Charging and How It Changed My Mindset
One of the biggest things that kept me from buying the Model Y we looked at in February was the lack of charging in my neighborhood. I do not get to park directly in front of my front door, and my neighborhood is still considering some minor infrastructure for residents.
With the Long Range All-Wheel-Drive version of the new Model Y, Tesla boasts a range of 327 miles. We picked it up from the Showroom at 98 percent state-of-charge.
We ran our usual errands, went out to dinner, drove around for leisure to enjoy the car, and after all that, we still returned the car with 40 percent left. This truly eliminated any concerns I would have about charging at home, at least in the near term.
Realistically, I would like to have charging at home. The experience made me realize I would probably be driving to a Supercharger once a week to get range, which is about as frequent as I visit a gas pump now. It would not be a tremendous change, and it made me realize that when I do eventually make the jump, if I am still living in our townhome that we rent, I would get through it without any real issues.
Take my words as a bit of advice: If you’re overly concerned about not having charging at your apartment or home, don’t stress too much about it.
The Good and Bad with Full Self-Driving
Overall, our Full Self-Driving experience was incredibly valuable. My plan was to drive the car manually most of the time, but I truly only did that for roughly 5 percent of the miles we traveled together.
I planned for a big stress test on Sunday evening, and that’s what we did. We had to run out and get some things for a wedding we’re attending this coming weekend, and it required us to travel all over York from the East end to the West end, much of which was spent traveling on the Lincoln Highway. In West York, this stretch of highway is incredibly dysfunctional, busy, and is one of the drives I rue the most in the area.
Full Self-Driving made it very easy, as I just set the destination on several occasions and let the car do all the work.
Our first drive took us from our house to our local Target. It did everything flawlessly. I took over once we got into the parking lot just to find a parking space on my own:
🚨 Tesla Full Self-Driving takes my Fiancé and I to Target
Flawless drive! We’ll document the rest of our errands today! pic.twitter.com/TAx3mWmVgh
— TESLARATI (@Teslarati) May 4, 2025
I didn’t record the trip from Target to the Burlington Coat Factory, just a mile away, but I did record the next leg of the trip, which was from Burlington in East York to Burlington in West York. This was when I had my first complaint with FSD, and it dealt with the operation in parking lots.
You’ll see at the beginning of this video that there was an instance where the car waited for one cross-traffic warning to stop before proceeding, but ignored another cross-traffic warning from the other direction. The car pulled out on this person, you’ll see me wave to apologize, then I take control of the car, as it was too close to that other car for my liking. This was the only issue we experienced on this drive:
🚨 On this drive, FSD pulled out of this spot while there was a car approaching from our right (you’ll see the Red cross-traffic warning on the screen)
It also approached that vehicle a little too close for my liking, so to be safe I took over.
A great drive across town… pic.twitter.com/ANuZ4QcZB6
— TESLARATI (@Teslarati) May 4, 2025
I found that parking lots were a weak point of FSD. It is not that I did not feel confident in its abilities to make it through these lots safely, but it reminded me a lot of what I think a 16-year-old who just got their license would drive through a busy parking area: hesitant, not confident, tentative.
Several of our X followers said the same thing:
This is such a problem… To the point I don’t even use start FSD from Park anymore
— ProjectRCC (@Project_RCC) May 5, 2025
Parking lots are little bit of a weakness. But I believe this will be solved in the next update we get 💯
— Overly Optimistic Future (@OOpFuture) May 4, 2025
Leaving the West York Burlington and heading to a Walgreens to pick up some pictures we had printed was the next leg of our journey. This was where we got to test a difficult off-ramp on I-83 south and Autopark in the Walgreens parking lot.
The off-ramp for the Market Street exit and the on-ramp use the same lane, so merging traffic can be a bit of a nightmare for those trying to get off of the highway, which is what we were trying to do. FSD managed it cleanly, as several cars were merging onto I-83, the car found a soft spot in the traffic and got off without any issue. This impressed me because I know it can be stressful at times, especially during rush hour.
Autopark worked well and backed into a spot with no issues:
🚨 The final leg of our trip here: FSD did a great job of navigating through this parking lot and getting us onto a highway with a very short on-ramp (a very typical part of living and driving in Pennsylvania).
Also, Autopark did a great job! I would like to see it improve by… pic.twitter.com/OBefKZKDCo
— TESLARATI (@Teslarati) May 5, 2025
Our final trip with FSD was from our home to the showroom. This would be our longest single-trip using FSD, and it was the most impressive yet.
The first thing it was tasked with was merging onto the highway with a very short lane to do so. FSD recognized this, saw an oncoming car that did not get over into the passing lane to make space (despite it having the room to do so as a courtesy), and sped up to take the slot it was given. It overtook slower cars, stayed in the right lane near on-ramps to make merging for others easier, and got us through the Harrisburg split with no issues.
As we turned onto the Carlisle Pike, the right lane was closed about a quarter-mile after we merged onto it. We had a vehicle beside us that did not want to let us over, so FSD waited, allowed the car to pass, and quickly took the three-car-length gap, safely getting on. This was a funny one because I noticed my Fiancè’s hand grab the handle on her door as a reactionary response.
She realized after it was unnecessary, and it did a better job than many people we know would have done:
🚨 The new Tesla Model Y drove my Fiancé and me back to the Tesla Showroom today to part ways 🥺
It was awesome to have an entire weekend with this awesome car. This 45-minute drive is condensed to just 36 seconds.
One portion of this drive included an impressive merge into a… pic.twitter.com/TjCXcpRUXG
— TESLARATI (@Teslarati) May 5, 2025
This finished our experience with the Model Y for the weekend, and it was hard to say goodbye.
Conclusion
It seems that a trade-in will be happening in the coming months. My biggest reservation was residential charging, and I learned it really was not something I needed to be overly concerned about.
Full Self-Driving was truly the big thing that sold me on this car. The new Model Y is obviously a great vehicle to begin with, but FSD was the number one thing that I will miss because it made driving such a breeze.
More novelty things I will miss are being able to watch YouTube while I wait in the car, and pranking people with the Fart on Contact/Sit Happens feature, something that gave us all a good laugh.
It was a great weekend with the new Model Y! In the coming months, I hope to get my hands on another vehicle for a weekend.
Elon Musk
SpaceX’s amended S-1 is sparking a major Tesla merger conversation
A single line in SpaceX’s amended S-1 just sent Tesla stock down 5% in one day.
A single line buried in SpaceX’s amended S-1 filing is doing more to move Tesla’s stock price than anything Tesla itself has announced in months. The clause, disclosed as SpaceX prepares for what could be the largest IPO in Wall Street history, states that the company “may issue a significant amount of equity in connection with future transactions.” While this may be seen as boilerplate language in S-1 filings, the historical ties between SpaceX and Tesla, and with Elon Musk reportedly discussing a possible merger with close colleagues, investors are interpreting it as something closer to a signal.
The concern among institutional investors like Gary Black, managing director of The Future Fund, pointed directly to the amended filing on X, saying it “strongly suggests more SPCX equity will be issued,” which could potentially be used to acquire Tesla. He estimated such a deal could be 28% dilutive to Tesla shareholders since SpaceX would likely command a significantly higher valuation multiple. Black added that institutional investors he knows hate the idea of a combination because they prefer pure plays over conglomerates, which he said “nearly always gravitate to the lowest common multiple.”
The Tesla and SpaceX merger everyone is talking about is quietly building
The bull case runs the math differently. Tesla influencer and retail shareholder advocate AleXandra Merz pushed back on what she called a widespread misunderstanding of how merger-of-equals deals actually work. Rather than simply splitting the difference between two market caps, a merger exchange ratio is negotiated based on relative fair market values, meaning the lower valued company typically sees its stock reprice upward toward the deal value.
Under her model, SpaceX enters at a $2.5 trillion valuation and Tesla at $1.6 trillion, producing a combined entity worth $4.1 trillion split evenly between both shareholder groups. That implies Tesla’s side of the deal would be valued at $2.05 trillion, a gain of roughly $450 billion from its current market cap. She cited Dow-DuPont and CBS-Viacom as historical examples of how markets reprice both companies toward the announced exchange ratio after a deal is unveiled.
What does a Merger of Equals mean to Elon’s compensation packages?
Well, it changes everything.
Enjoy https://t.co/uekCldyITw pic.twitter.com/kolq1C9qTu
— AleXandra Merz 🇺🇲 (@TeslaBoomerMama) June 1, 2026
The SpaceX S-1 amendments also revealed just how much financial infrastructure already binds the two companies together. As Teslarati has reported, SpaceX purchased $697 million in Tesla Megapacks, $131 million in Cybertrucks, and the two companies have shared supply chain resources, and semiconductor fabrication plans since well before any merger conversation became public. A retail poll by Tesla influencer Sawyer Merritt is finding that 36% of respondents do not plan to buy SpaceX shares at IPO and 15.3% saying their decision depends on the valuation.
Do you plan on buying @SpaceX stock at its IPO?
— Sawyer Merritt (@SawyerMerritt) June 1, 2026
Whether the merger happens or not, the amended filing is seemingly moving markets and sharpened a debate that is no longer theoretical. SpaceX is weeks away from trading publicly, and Tesla shareholders are now watching every word of every filing for clues about what Musk plans to do next.
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.
Tesla Full Self-Driving attempts 150-mile stress test: the good and the bad
SpaceX’s amended S-1 is sparking a major Tesla merger conversation
