The Tesla Semi was recently spotted near one of the company’s most historic locations — the West Los Angeles Service Center — a site where Elon Musk famously met with early reservation holders of the Tesla Roadster at a time when the company was on the verge of bankruptcy.
According to Mirk_idk, an auto enthusiast on Instagram, he spotted the Tesla Semi just as it was leaving Santa Monica Blvd., the same street as Tesla’s LA Service Center, on May 24 at around 10:30 a.m. local time. The auto enthusiast noted that the Semi appeared to be accompanied by two Model S sedans. There were also two people in the electric long-hauler, one of whom acknowledged him as he snapped a photo of the vehicle.
Just like the Semi’s recent sighting in Sunnyvale, CA, the electric truck was hauling a trailer when it was photographed. Its rear wheels were also equipped with covers that are reminiscent of the Model 3’s Aero Wheels.
https://www.instagram.com/p/BjK5inOFv6S/?taken-by=mirks_idk
The Tesla Semi’s latest appearance is particularly noteworthy, considering that Los Angeles is the location of two important Tesla facilities — the LA Service Center and the Tesla Design Center. The Tesla Design Center, the facility where the Semi and the next-generation Roadster were designed, is just 13 miles away from the site of the recent sighting. The LA Service Center, on the other hand, has a more historical significance to the company.
Back in 2008, Tesla, together with Musk’s private space venture, SpaceX, were feeling the effects of a worsening economy. Both companies were a few steps away from folding, and Elon Musk was exhausting his options. Musk ultimately decided to raise the price of the original Roadster to help the company’s funds. The meeting with some of the Roadster’s reservation holders happened at the LA service center.
Part of the fateful meeting was featured in the documentary Revenge of the Electric Car, which featured Tesla during the development days of the Roadster. Musk later described the meeting as “very tough” and that there was anger from some people in the room.
“I cannot understate the degree of grief that I’ve personally gone through, and that many people in Tesla have gone through to make this work. I wish we didn’t have to waste prices. It sucks. I can’t carry Tesla entirely by myself. I just don’t have the resources do it. We can’t sell cars for less than they cost us to produce,” Musk said during the meeting.
Elon Musk unveils the Tesla Semi on November 2017.
As history would show, of course, Musk would eventually pull off the near-impossible after that meeting, ultimately saving both SpaceX and Tesla from going under. Tesla closed its much-needed financing round on Christmas Eve 2008. According to Musk during a Q&A session at the Paris-Sorbonne University in December 2015, the financing round concluded “on the last hour of the last day when it was possible.”
The Tesla Semi is a Class 8 electric truck that is capable of hauling up to 80,000 pounds of cargo. The vehicle is equipped with four Model 3-derived electric motors and is capable of sprinting from 0-60 mph in 5 seconds without any load. With a full 80,000-pound load, the long-hauler can hit highway speeds in 20 seconds. The Semi is expected to start production in 2019.
As the company prepares to begin the manufacture of the electric trucks, Tesla has started utilizing the vehicles for battery pack deliveries between Gigafactory 1 in Sparks, NV to the Fremont CA facility. Multiple sightings of the trucks in the middle of their transport runs have been reported since then.
The Semi has also been spotted on the site of some of its biggest buyers. Earlier this year, the electric truck was sighted in the Anheuser-Busch Brewery in St. Louis, MO. It also made an appearance in Dallas, TX, where it was demoed for PepsiCo employees. The black matte Tesla Semi was sighted on the back of a truck at a highway near Des Moines, IA as well, close to the headquarters of Ruan Transportation Management Systems.
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
