Investor's Corner
Tesla registers 6,100 new Model 3 VINs amid continued production push
Tesla has registered 6,160 new Model 3 VINs, amid the company’s continued production ramp for the compact electric car. With the latest batch of new vehicle identification numbers, Tesla has filed a total of 62,557 Model 3 to date.
The recent registrations were shared on Twitter by @Model3VINs, a group that tracks Tesla’s filings for the vehicle. According to the group, the latest batch of Model 3 VINs comprised of Long Range RWD cars — a stark contrast to the 2,237 vehicle identification numbers registered by the company last week, which were largely dual motor AWD.
#Tesla registered 6,160 new #Model3 VINs. Highest VIN is 62557. https://t.co/qZjb57aSMM
— Model 3 VINs (@Model3VINs) July 1, 2018
Tesla’s VIN registrations for the Model 3 had seen a meteoric rise since May, when the electric car and energy company started filing large batches of the vehicle identification numbers. In May, for example, Tesla registered more than 17,900 new Model 3 VINs — a figure that took the company until March 23 to accomplish since starting the car’s production last July 2017.
Particularly impressive this past June, however, were VIN batches that corresponded to filings for the dual motor AWD variant of the compact electric car. Earlier this year, Elon Musk announced on Twitter that Tesla would probably start production of the dual motor AWD and Performance Model 3 sometime in July, when the company has attained a steady production rate of 5,000 Model 3 per week. Midway through last month, however, Musk revealed on Twitter that the first Model 3 Performance has rolled off from a newly-built assembly line, which was set up in a sprung structure on the grounds of the Fremont factory.
The latest Model 3 VIN registrations come amid Tesla’s announcement that it has effectively hit a production rate of 5,000 Model 3 per week. The milestone, which has eluded Tesla since the vehicle started production last year, was teased over the last few weeks of June. In the weeks leading up to the end of Q2 2018, for one, sightings of overflow lots filled with Model 3 were shared by Tesla enthusiasts online. Tweets from workers at Fremont and Gigafactory 1 also teased that the company would hit its target by the end of the quarter.
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- [Credit: Tesla Daily/Twitter]
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- [Credit: The Tesla Life/Twitter]
Even before Elon Musk confirmed the news on Twitter, social media posts from the company’s workers in Fremont teased that the 5,000-a-week Model 3 target had been achieved. Among these was a photograph of a banner being signed by workers at the Fremont factory with the words “Model 3 5K Club” on it. Pictures of workers celebrating at the factory grounds and a Model 3 labeled as “5000th” also made the rounds in social media. Not long after this, Elon Musk himself congratulated the Tesla team on Twitter for producing 7,000 vehicles in one week. A leaked email from Musk later specified that the 7,000-vehicle output was comprised of 5,000 Model 3 and 2,000 Model S and Model X.
7000 cars, 7 days
♥️ Tesla Team ♥️— Elon Musk (@elonmusk) July 1, 2018
The announcement of Tesla’s production milestone for the Model 3 appears to have provided a boost to investors’ sentiments. As of writing, Tesla shares (NASDAQ:TSLA) are trading up 6.28% during pre-market, at $365.44 per share.
Elon Musk
SpaceX Starship Flight 13 aborted at Zero and Musk just told us what broke
Four Raptor engines failed to ignite at T-zero, forcing SpaceX to scrub Starship Flight 13 Thursday.
SpaceX scrubbed the Starship Flight 13 launch attempt Thursday evening at the last possible moment, after four of the Super Heavy booster’s 33 Raptor 3 engines failed to ignite during the startup sequence. The 90-minute window had opened at 6:45 p.m. EDT from Starbase in Boca Chica, Texas, and the countdown had proceeded without issue all day, with more than 11.5 million pounds of liquid methane and liquid oxygen being fully loaded into the rocket before the automated abort triggered. SpaceX’s launch directors posted on X, “Standing down from today’s flight test attempt,” and shut down the livestream shortly after.
Musk confirmed the root cause within hours. “Some of the engines didn’t start, triggering an automatic launch abort,” he wrote on X. “To be confident of a good flight, 2 Raptors will be removed and replaced. Most probable launch timing is early next week.” SpaceX engineers began draining propellant tanks immediately and Booster 20 was rolled back to its hangar for inspection.
The timing adds a layer of significance that did not exist during any of the previous 12 Starship flights. This is the first time SpaceX has attempted to launch Starship since the company made its stock market debut in June, listing under ticker SPCX at $135 per share. Public investors are now watching every Starship outcome in real time, and a last-second abort carries more visibility than it would have six months ago.
Flight 13 was designed to be one of the most consequential tests in the program’s history. It was set to carry 20 Starlink V3 satellites, the first operational payload Starship has ever attempted to deploy. Six of those satellites carried external cameras to photograph Starship’s heat shield from the outside during flight, which would act as a self-inspection approach SpaceX has never attempted before. The mission also needed to complete a Raptor engine relight in space, a step SpaceX skipped on Flight 12 in May after losing an engine during ascent. That Flight 12 booster also flipped 90 degrees off course during its boostback burn when five engines failed to reignite.
SpaceX has not announced an official next launch date. Musk’s “early next week” window points to July 21 or 22 at the earliest, pending the engine swap and a return to the pad.
Lucid CEO Silvio Napoli responded to rumors of an imminent bankruptcy that was reportedly being mulled after a report stated the automaker was working with the firm AlixPartners to iron out its next steps.
The company felt a massive loss on Wall Street yesterday, as the report essentially pushed the stock down as much as 55 percent on Tuesday.
The report, published initially by Eletric-Vehicles.com, claimed Lucid was essentially in dire straits and was told by AlixPartners, a commonly used restructuring advisor, to either take shares private or file for Chapter 11 bankruptcy protection.
Lucid’s head of Communications, Nick Twork, immediately challenged the report and stated the company “has sufficient liquidity to carry its operations well into next year.”
Now, the company’s CEO is chiming in as well, stating that the report is “so far from the facts that they require a direct response.”
Napoli said:
“Lucid is not considering bankruptcy or a transaction to take the company private. Those reports are false. The Board did not explore either scenario. Period.
As disclosed in our most recent quarterly filing, Lucid has sufficient liquidity to fund its operations well into next year.
We work with outside advisors to improve operational performance and execution. They are not advising Lucid on a take-private transaction or bankruptcy, and any suggestion that they have recommended either course of action to management or the Board is false.
My priority is clear: turn this company around. That is where the leadership team and I are focused.
I look forward to providing a full update during our quarterly earnings call on August 4th.”
🚨 Lucid CEO Silvio Napoli calls rumors of financial issues “so far from the facts that they require a direct response.”
Read his full remarks here: https://t.co/t3Pg1NHvzy pic.twitter.com/LvHUPhO4Qf
— TESLARATI (@Teslarati) July 15, 2026
It seems pretty clear that Lucid is confident things will be okay, and, to be honest, they should not have much to worry about, especially considering the company has been backed by the Saudi Public Investment Fund (PIF) for years. It has solid financial backing, and its sales, while weak, are pretty much right on par with a company of this age.
Lucid also sent a Cease & Desist letter to the publication for their report.
Lucid shares have rebounded nicely and are up nearly 21 percent at the time of publication. As soon as the company dispelled the rumors of bankruptcy yesterday, the stock began to climb back toward more reasonable levels.
Electric vehicle maker Lucid Group has denied rumors of an imminent bankruptcy after a report from this morning sent the stock on a dramatic drop on Wall Street, seeing losses of more than 40 percent during trading hours.
Lucid’s Director of Communications, Nick Twork, responded to the report from Eletric-Vehicles.com, which stated the company’s restructuring advisor, AlixPartners, was asked to review two decisions: taking Lucid shares private or filing for Chapter 11 bankruptcy protection.
The report also claims AlixPartners told the Lucid board to “concentrate on Gravity production while improving its quality, and to temporarily hold back the Lucid Air, the sedan that has defined the company since its launch.”
Twork said:
$LCID The rumors are completely false. The company has sufficient liquidity to carry its operations well into next year, as recently published in its last quarterly filings, and it has not formed any special Board committee to explore the scenarios reported today. Our focus is…
— Nick Twork (@ntwork) July 14, 2026
Shares rebounded after the response to the report, halving its losses as the trading day neared 3 p.m. Eastern.
Lucid has struggled to get its sales off the ground and into more respectable numbers, but the company is in its early years, when things are hard to begin with. It is also backed by several notable investors, including the Saudi Public Investment Fund (PIF), which has nearly limitless money and likely would not ditch an investment of this size so soon.
Lucid shares were down just 14 percent at the time of publication, a far cry from the 55 percent its losses topped out at during the day.
SpaceX Starship Flight 13 aborted at Zero and Musk just told us what broke
Elon Musk secretly acquires $1B energy company to power the AI future
