News
Tesla’s self-driving rollout strategy for Boring Co’s Las Vegas Loop gets teased
Steve Hill, president and CEO of the Las Vegas Convention and Visitors Authority (LVCVA), has shared some interesting tidbits about The Boring Company’s plans for the rollout of its self-driving Tesla fleet for its Las Vegas tunnels. Hill noted that while the entire system would likely not be self-driving by the end of this year, tests involving some autonomous cars should begin soon.
Initial renders of The Boring Company’s Loop system showed sleek tunnels with futuristic high-capacity vehicles traveling from one station to another autonomously. Yet for now, the Las Vegas Convention Center Loop and the Resorts World station operate using manually-driven Teslas that can hold about three passengers per vehicle. This has caught some mockery from Elon Musk critics.
Yet according to Hill, Tesla is continuing to work on its full self-driving system for the vehicles in the Las Vegas tunnels. In comments to the Las Vegas Review-Journal, Hill stated that he believes some of the Teslas being used in the Loop system would use the company’s full self-driving system sometime in the next fiscal year.
“We are certainly headed toward an autonomous system. We said at a (LVCVA) board meeting a month or two ago that our goal was, by the end of this fiscal year, to have some amount of autonomous driving happening in the system,” Hill said.
Elon Musk has mentioned recently that the Las Vegas Loop’s Tesla fleet may use FSD later this year. In this light, Hill noted that one vehicle at a time would be switched to use Tesla’s full self-driving system. And even at this point, they will still be using safety drivers until it can be proven that the vehicles can operate safely and adequately on their own. Only at this point will the drivers be removed.
“I don’t think we’ll be fully autonomous by the end of this calendar year, but we think we’re in a position to start testing autonomy relatively soon,” the LVCVA president said.
High-capacity vehicles for the Loop system will also be coming in the future. As it turned out, the advent of the pandemic during the buildout of the Las Vegas Convention Center Loop helped push officials to hold off on high-capacity vehicles. Teslas that carry three people are safer, after all, than a vehicle that carries 12 passengers during a pandemic.
But once the system expands and as FSD is rolled out to the Loop’s fleet, The Boring Company’s high-capacity vehicles are expected to be released. Hill noted that Elon Musk’s “Robovan” could be a good candidate for the Loop system’s high-capacity vehicles. Musk did note that Tesla’s Robovan will be highly configurable, so designing a version of the vehicle for The Boring Company’s Loop system should be no problem.
“You may have seen Elon tweeted out that he is working on a higher capacity vehicle, and it’s able to be modified for different applications. We think something along those lines, a version of that will be a part of this system,” Hill said.
For now, however, Hill told the Review-Journal that the current Tesla fleet deployed on the Las Vegas Convention Center and Vegas Loop is already useful. “You can use those higher-occupancy vehicles when you have a group of people who want to go from one place to the same place. Often folks don’t. The ability to have an individual car for people who want to go someplace different from where everybody else is going is an important aspect in the system. The higher occupancy vehicles will be helpful, too,” he said.
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Elon Musk
SpaceX issues statement on Starship V3 Booster 18 anomaly
The incident unfolded during gas-system pressure testing at the company’s Massey facility in Starbase, Texas.
SpaceX has issued an initial statement about Starship Booster 18’s anomaly early Friday. The incident unfolded during gas-system pressure testing at the company’s Massey facility in Starbase, Texas.
SpaceX’s initial comment
As per SpaceX in a post on its official account on social media platform X, Booster 18 was undergoing gas system pressure tests when the anomaly happened. Despite the nature of the incident, the company emphasized that no propellant was loaded, no engines were installed, and personnel were kept at a safe distance from the booster, resulting in zero injuries.
“Booster 18 suffered an anomaly during gas system pressure testing that we were conducting in advance of structural proof testing. No propellant was on the vehicle, and engines were not yet installed. The teams need time to investigate before we are confident of the cause. No one was injured as we maintain a safe distance for personnel during this type of testing. The site remains clear and we are working plans to safely reenter the site,” SpaceX wrote in its post on X.
Incident and aftermath
Livestream footage from LabPadre showed Booster 18’s lower half crumpling around the liquid oxygen tank area at approximately 4:04 a.m. CT. Subsequent images posted by on-site observers revealed extensive deformation across the booster’s lower structure. Needless to say, spaceflight observers have noted that Booster 18 would likely be a complete loss due to its anomaly.
Booster 18 had rolled out only a day earlier and was one of the first vehicles in the Starship V3 program. The V3 series incorporates structural reinforcements and reliability upgrades intended to prepare Starship for rapid-reuse testing and eventual tower-catch operations. Elon Musk has been optimistic about Starship V3, previously noting on X that the spacecraft might be able to complete initial missions to Mars.
Investor's Corner
Tesla analyst maintains $500 PT, says FSD drives better than humans now
The team also met with Tesla leaders for more than an hour to discuss autonomy, chip development, and upcoming deployment plans.
Tesla (NASDAQ:TSLA) received fresh support from Piper Sandler this week after analysts toured the Fremont Factory and tested the company’s latest Full Self-Driving software. The firm reaffirmed its $500 price target, stating that FSD V14 delivered a notably smooth robotaxi demonstration and may already perform at levels comparable to, if not better than, average human drivers.
The team also met with Tesla leaders for more than an hour to discuss autonomy, chip development, and upcoming deployment plans.
Analysts highlight autonomy progress
During more than 75 minutes of focused discussions, analysts reportedly focused on FSD v14’s updates. Piper Sandler’s team pointed to meaningful strides in perception, object handling, and overall ride smoothness during the robotaxi demo.
The visit also included discussions on updates to Tesla’s in-house chip initiatives, its Optimus program, and the growth of the company’s battery storage business. Analysts noted that Tesla continues refining cost structures and capital expenditure expectations, which are key elements in future margin recovery, as noted in a Yahoo Finance report.
Analyst Alexander Potter noted that “we think FSD is a truly impressive product that is (probably) already better at driving than the average American.” This conclusion was strengthened by what he described as a “flawless robotaxi ride to the hotel.”
Street targets diverge on TSLA
While Piper Sandler stands by its $500 target, it is not the highest estimate on the Street. Wedbush, for one, has a $600 per share price target for TSLA stock.
Other institutions have also weighed in on TSLA stock as of late. HSBC reiterated a Reduce rating with a $131 target, citing a gap between earnings fundamentals and the company’s market value. By contrast, TD Cowen maintained a Buy rating and a $509 target, pointing to strong autonomous driving demonstrations in Austin and the pace of software-driven improvements.
Stifel analysts also lifted their price target for Tesla to $508 per share over the company’s ongoing robotaxi and FSD programs.
Elon Musk
SpaceX Starship Version 3 booster crumples in early testing
Photos of the incident’s aftermath suggest that Booster 18 will likely be retired.
SpaceX’s new Starship first-stage booster, Booster 18, suffered major damage early Friday during its first round of testing in Starbase, Texas, just one day after rolling out of the factory.
Based on videos of the incident, the lower section of the rocket booster appeared to crumple during a pressurization test. Photos of the incident’s aftermath suggest that Booster 18 will likely be retired.
Booster test failure
SpaceX began structural and propellant-system verification tests on Booster 18 Thursday night at the Massey’s Test Site, only a few miles from Starbase’s production facilities, as noted in an Ars Technica report. At 4:04 a.m. CT on Friday, a livestream from LabPadre Space captured the booster’s lower half experiencing a sudden destructive event around its liquid oxygen tank section. Post-incident images, shared on X by @StarshipGazer, showed notable deformation in the booster’s lower structure.
Neither SpaceX nor Elon Musk had commented as of Friday morning, but the vehicle’s condition suggests it is likely a complete loss. This is quite unfortunate, as Booster 18 is already part of the Starship V3 program, which includes design fixes and upgrades intended to improve reliability. While SpaceX maintains a rather rapid Starship production line in Starbase, Booster 18 was generally expected to validate the improvements implemented in the V3 program.
Tight deadlines
SpaceX needs Starship boosters and upper stages to begin demonstrating rapid reuse, tower catches, and early operational Starlink missions over the next two years. More critically, NASA’s Artemis program depends on an on-orbit refueling test in the second half of 2026, a requirement for the vehicle’s expected crewed lunar landing around 2028.
While SpaceX is known for diagnosing failures quickly and returning to testing at unmatched speed, losing the newest-generation booster at the very start of its campaign highlights the immense challenge involved in scaling Starship into a reliable, high-cadence launch system. SpaceX, however, is known for getting things done quickly, so it would not be a surprise if the company manages to figure out what happened to Booster 18 in the near future.
SpaceX issues statement on Starship V3 Booster 18 anomaly
Tesla analyst maintains $500 PT, says FSD drives better than humans now
