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Elon Musk details Tesla Roadster hovering capability with Joe Rogan
Tesla CEO Elon Musk joined Joe Rogan on the Joe Rogan Experience Podcast for the third time, with the episode releasing earlier today. In the episode, Musk detailed some more specifics regarding the production of the next-gen Roadster, shedding more light on Tesla’s incomplete but highly-anticipated project. Musk dove into the possibility of the Roadster’s ability to hover with Rogan, indicating it could be limited to reduce the risk of injury.
Musk’s third appearance with Joe Rogan
Musk joined Joe Rogan once again for his third appearance on the JRE Podcast. Rogan tweeted the podcast episode’s release on February 11th, available exclusively on Spotify, which Rogan signed a massive contract with in 2020.
Musk has joined Rogan on the Joe Rogan Experience Podcast on two previous occasions: once on September 7th, 2018, and another on May 7th, 2020. The first appearance in 2018 is Rogan’s most viewed podcast episode on YouTube with over 40.7 million views. The second appearance from Musk yielded slightly fewer views at 20.5 million but still stands at the fourth-most popular episode in the history of the JRE Podcast.
Musk and Rogan skimmed over various important topics in the latest episode. One of the most notable was Musk’s comments regarding the next-generation Tesla Roadster, which has been in development for several years.
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Next-Gen Tesla Roadster Hovering Ability
Musk told Rogan that Tesla is “finishing the engineering of the Roadster this year” and will “hopefully” begin shipping the car sometime next year. “We’re going to throw some rocket technology in that car,” Musk stated, speaking of the speculative SpaceX package that is expected to be released. Musk and Tesla plan to put cold-gas SpaceX thrusters on the car, giving it improved acceleration (as if it needed any). The CEO also stated that he would like to put thrusters underneath the car for hovering capabilities, but it hasn’t been figured out yet.
Musk said:
“I want it to hover. I’m trying to figure out how to make this thing hover, without, you know, killing people. I thought, maybe we could make it hover, but not too high. So maybe it could hover, like, a meter above the ground, or something. So, if you plummet, you blow out the suspension, but you’re not going to die. Maybe, I don’t know, six feet. If we put a height limit on it, it will probably be fine.”
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Rogan then asked if the Roadster will be able to travel while it is suspended in mid-air. Musk simply replied, “Yeah.”
Musk told Rogan that the rate of travel while hovering will be “pretty fast,” but that it would be subjected to time limits to restrict operators from being off of the ground for too long. However, it comes with some catches.
If a Roadster owner wants the SpaceX package, it will remove the back two passenger seats, meaning only two people will be able to sit in the car at one time. Instead, the rear seats will be replaced by a high-pressure carbon overwrap pressure vessel, which would be “around 10,000 PSI,” Musk says. A series of thrusters will join the vessel.
Musk acknowledges that this may not be possible, though. He talked about what could be released instead.
“At a minimum, I’m confident we could do a thruster where the license plate flips down, James Bond-style, and there would be a rocket thruster behind it, and that gives you three tons of thrust.”
Roadster Production and Release
Musk plans to have engineering finished on the Roadster this year, a detail he released after the 2020 Q4 Earnings Call in late January.
Finishing engineering this year, production starts next year. Aiming to have release candidate design drivable late summer. Tri-motor drive system & advanced battery work were important precursors.
— Elon Musk (@elonmusk) January 28, 2021
Additionally, Roadster release candidates could be on the road this Summer. “Tri-motor drive system & advanced battery work were important precursors,” Musk also said. Now, the work could turn to whether Tesla engineers can figure out how to make the next-gen Roadster hover and travel at the same time, a far cry from the vehicle Tesla released initially in 2008.
Musk’s full interview with Rogan is available here.
News
Tesla Model Y becomes dual champ in China’s vehicle sales rankings
The Model Y’s recent accomplishments suggest that Tesla really has created something special with the all-electric crossover.

The Tesla Model Y was recently deemed a double champion in China, with the all-electric crossover topping two notable sales charts in the country’s automotive sector.
The Model Y’s recent accomplishments suggest that Tesla really has created something special with the all-electric crossover, as it has continued to outsell even vehicles that are newer and more affordable.
Tesla China’s announcement
In a post on Weibo, Tesla China VP Grace Tao highlighted that the Model Y topped China’s sales of SUVs, as well as vehicles that are priced in the 200,000-400,000 yuan range. This is quite remarkable, as the Model Y is one of the more costly entries in both lists. She also invited everyone to try out the vehicle for themselves. “You will know the champion strength after a try,” the Tesla VP wrote.
For the first half of the year, the Tesla Model Y sold 171,491 units domestically in China. This number was enough to make it the country’s best-selling SUV and vehicle priced in the 200,000-400,000 yuan range, but it could still easily be higher in the second half of 2025.
This was because Tesla initiated a changeover in Gigafactory Shanghai to shift the facility’s Model Y line to the vehicle’s new iteration. Had Tesla sold the Model Y in full force during the first half of 2025 in China, the vehicle’s domestic sales figures would have been even more impressive.
Model Y L coming
Tesla China’s Model Y sales could see a notable boost in the second half of the year due to the addition of the Model Y L, an extended wheelbase version of the all-electric crossover. Tesla is yet to announce the details for the Model Y L, though the vehicle was listed in the MIIT regulatory catalog as a six-seater. This is game-changing, as the Model Y’s previous seven-seat configurations have caught criticism for being far too cramped and unusable for adults.
With the six-seat Model Y in the company’s lineup, Tesla would be able to compete with popular vehicles from rivals like BYD, which have made it a point to release spacious three-row vehicles that are designed to carry the whole family. Provided that the Model Y L is priced correctly, it could very well raise Tesla’s vehicle sales this year.
Investor's Corner
Tesla still poised to earn $3B in ZEV credits this year: Piper Sandler
Piper Sandler analyst Alex Potter maintained his $400 per share price target on TSLA stock.

Tesla (NASDAQ:TSLA) is still poised to earn about $3 billion in zero-emission vehicle (ZEV) credits this year despite growing concerns over policy shifts under United States President Donald Trump. This is, at least, according to Piper Sandler analyst Alex Potter, who maintained his $400 per share price target and “Overweight” rating on TSLA stock.
Tesla’s ZEV credit revenue
In a recent investor note, Potter acknowledged that Trump’s efforts to undo EV-related incentives could impact Tesla’s ZEV credit income. The analyst noted that these effects would likely not be too drastic, however, even if ZEV credits provide Tesla’s finances with a substantial boost. Last year, Tesla earned about $3.5 billion from regulatory credits, equal to nearly 100% of the company’s FY24 free cash flow, as noted in a Benzinga report.
Potter estimated that the impact of potential regulatory reversals from the Trump administration will likely not be immediate. “Tesla will still book around $3B in credits this year, followed by $2.3B in 2026,” the Piper Sandler analyst wrote.
Considering his reiterated $400 price target for Tesla stock, Potter seems to be expecting an upside of over 20% for the electric vehicle maker. It should be noted, however, that Tesla is a volatile stock by nature, so huge swings in stock price may happen even without material developments from the company.
Robotaxi developments
The Piper Sandler analyst also highlighted the progress of Tesla’s Full Self-Driving (FSD) program and Robotaxi developments as potential offsets to regulatory headwinds. Potter pointed to expanding operations in Austin and Tesla’s push to launch Robotaxi services in Phoenix and the Bay Area, pending regulatory approval.
“In our view, these favorable FSD-related developments are likely to overshadow any/all negative commentary arising from lower 2025/2026 estimates,” the analyst wrote.
In addition to rescinding ZEV programs, the Trump administration has proposed ending the $7,500 federal EV credit by September 2025 and rolling back Corporate Average Fuel Economy (CAFE) standards.
News
Tesla sees 9,900 new vehicle registrations in China in July’s third week
Tesla introduced minor updates to the Model 3 and Model Y long-range variants recently.

Tesla recorded 9,900 new vehicle insurance registrations in China during the week of July 14–20, a 19.3% decline from the 12,270 units that were listed in the prior week. The drop follows a sharp surge in early July, when registrations rose 145% week-over-week.
Weekly registrations dip after early July surge
Tesla’s drop in insurance registrations last week follows a notable spike earlier this month. During the week of July 7–13, the company registered 12,300 vehicles, up 145% from just 5,010 units the week before. That surge was largely driven by strong domestic demand for the locally produced Model Y crossover and Model 3 sedan, both built at Tesla’s Gigafactory Shanghai.
Tesla introduced minor updates to both long-range models recently, as well as a minor price increase for the Model 3. The Model Y’s pricing remained unchanged, a move that likely helped maintain momentum in the highly competitive Chinese EV market, as noted n a CNEV Post report. Despite the recent dip, the Model Y continues to lead Tesla’s local deliveries, highlighting its role as the company’s top seller in China.
June sales remain strong despite lower exports
Tesla’s June wholesale figures in China totaled 71,599 vehicles, up 0.83% year-over-year and 16.1% from May, according to the China Passenger Car Association (CPCA). Retail sales in the country reached 61,484 units, making June Tesla’s second-highest domestic month of the year, behind only March. The figures suggest that the Model Y and Model 3 are seeing some stable demand in China, despite emerging competition and pricing pressure in the local EV segment.
However, exports from Gigafactory Shanghai dropped to 10,115 units in June, down 13.9% from last year and over 56% from May. The shift suggests Tesla may be prioritizing domestic deliveries ahead of new product introductions. Tesla, after all, is expected to launch the six-seat variant of the Model Y, called the Model Y L, in China in the coming months.
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