News
Tesla Semi Supercharger stop teases sleeper features and 26-camera system
After being sighted on Des Moines, IA on Thursday, the Tesla Semi has been spotted smoothly gliding through Colorado. The Semi was sighted at the Brush, CO Supercharger, where Tesla’s employees accompanying the truck answered questions about the vehicle while it was charging.
The Tesla Semi sighting was shared by recording engineer Erik J. Martin on Twitter. Martin’s posts, one of which was retweeted by the official Tesla Twitter account, featured the Semi as it was rolling into the Brush Supercharger station. Erik mentioned in a series of posts that he was informed that the prototype is the short-range version of the truck, with a range of 300 miles. The Tesla engineers accompanying the vehicle reportedly noted that the Semi was hand-built and that it was largely made of carbon fiber as well.
— Erik J. Martin (@soundanswer) August 30, 2018
Being the short-range version of the electric truck, the Semi currently making its way across the United States is a daycab vehicle, though Tesla’s employees reportedly informed Martin that there would be a variant of the truck that would have space for sleeper features. Such features would be perfect for the long-range version of the electric truck, with drivers being able to take short naps while the Semi is charging at Tesla’s upcoming Megacharger network.
Also notable were the Semi’s cameras, of which there are 26 around the prototype. Tesla’s employees accompanying the Semi reportedly mentioned that there would likely be fewer cameras in the final iteration of the vehicle. Interestingly, while the Semi’s crew was very willing to address inquiries about the truck’s features, they were particularly secretive about the vehicle’s current charging system.
The Tesla Semi is designed to be supported by the upcoming Megacharger network, which is not operational yet. For now, the Semi is using Tesla’s current Supercharger network, though Erik noted that the engineers appeared to be using around 4-6 Superchargers to charge the all-electric Semi truck.
Yep! It was The closest superchargers. They hobble together an adhoc megacharger until those are built out in preparation for the roll out of production #teslasemi
— Erik J. Martin (@soundanswer) August 31, 2018
Tesla’s engineers also reportedly noted that so far, the only locations that have leaked the truck’s visit to their facilities were J.B. Hunt and UPS. This suggests that the Semi might have visited facilities of other reservation holders. One of these is Ruan Transportation Management Systems, which is based in Des Moines, IA. Ruan published a blog post about the Semi’s visit to their facility yesterday, even discussing some of the truck’s remote monitoring features.
“We will continue to be involved with the team at Tesla Motors as they introduce the trucks to the market,” said Cade. “We will work with them directly to ensure the vehicles will serve us and our customers to the level we both expect,” Ruan vice president of fleet services James Cade wrote in a blog post.
Tesla appears to be going full throttle in its efforts to refine the Semi before the vehicle enters production. The truck’s initial specs are already impressive, with its four Model 3-derived electric motors, its 0-60 mph time of 5 seconds flat, and its Class 8 hauling capacity. The Semi is also equipped with several key features, such as jackknife protection, near-infinite brake pads due to its powerful regenerative braking system, and Convoy Mode, a feature that allows the Semis to semi-autonomously draft in close proximity with each other, reducing energy usage from wind resistance.
Watch Erik J. Martin’s video outlining the information he received from the Tesla engineers accompanying the Semi below.
Elon Musk
SpaceX IPO could push Elon Musk’s net worth past $1 trillion: Polymarket
The estimates were shared by the official Polymarket Money account on social media platform X.
Recent projections have outlined how a potential $1.75 trillion SpaceX IPO could generate historic returns for early investors. The projections suggest the offering would not only become the largest IPO in history but could also result in unprecedented windfalls for some of the company’s key investors.
The estimates were shared by the official Polymarket Money account on social media platform X.
As noted in a Polymarket Money analysis, Elon Musk invested $100 million into SpaceX in 2002 and currently owns approximately 42% of the company. At a $1.75 trillion valuation following SpaceX’s potential $1.75 trillion IPO, that stake would be worth roughly $735 billion.
Such a figure would dramatically expand Musk’s net worth. When combined with his holdings in Tesla Inc. and other ventures, a public debut at that level could position him as the world’s first trillionaire, depending on market conditions at the time of listing.
The Bloomberg Billionaires Index currently lists Elon Musk with a net worth of $666 billion, though a notable portion of this is tied to his TSLA stock. Tesla currently holds a market cap of $1.51 trillion, and Elon Musk’s currently holds about 13% to 15% of the company’s outstanding common stock.
Founders Fund, co-founded by Peter Thiel, invested $20 million in SpaceX in 2008. Polymarket Money estimates the firm owns between 1.5% and 3% of the private space company. At a $1.75 trillion valuation, that range would translate to approximately $26.25 billion to $52.5 billion in value.
That return would represent one of the most significant venture capital outcomes in modern Silicon Valley history, with a growth of 131,150% to 262,400%.
Alphabet Inc., Google’s parent company, invested $900 million into SpaceX in 2015 and is estimated to hold between 6% and 7% of the private space firm. At the projected IPO valuation, that stake could be worth between $105 billion and $122.5 billion. That’s a growth of 11,566% to 14,455%.
Other major backers highlighted in the post include Fidelity Investments, Baillie Gifford, Valor Equity Partners, Bank of America, and Andreessen Horowitz, each potentially sitting on multibillion-dollar gains.
News
Tesla expands global FSD (Supervised) testing with Abu Dhabi trials
The program marks the emirate’s first formal testing framework for Tesla’s supervised autonomous driving technology.
Tesla has started its first Full Self-Driving (Supervised) road trials in Abu Dhabi under the oversight of the Integrated Transport Centre, also known as Abu Dhabi Mobility.
The program marks the emirate’s first formal testing framework for Tesla’s supervised autonomous driving technology.
FSD (Supervised) road trials are being conducted with the support of the Smart and Autonomous Systems Council and in coordination with the Legislation Lab at the General Secretariat of the UAE Cabinet.
Dr. Abdulla Hamad AlGhfeli, Acting Director General of the Integrated Transport Centre (Abu Dhabi Mobility), highlighted the agency’s regulatory role in overseeing the FSD (Supervised) tests in a press release.
“The supervision of the Integrated Transport Centre (Abu Dhabi Mobility) over the commencement of Tesla’s advanced autonomous driving technology tests reflects its regulatory and legislative role. These tests represent a qualitative step to evaluate the technology’s performance in a real-world operating environment and to collect the necessary data to verify its readiness before any future expansion in usage.
“Through this organized framework, and in cooperation with strategic partners, we seek to achieve a balance between supporting innovation and encouraging the adoption of smart solutions on one hand and ensuring the safety of road users on the other, in line with the emirate’s direction to develop an advanced, safe, and sustainable transport system,” he said.
Tesla is putting a lot of effort into expanding the rollout of FSD (Supervised) to territories outside in the United States. During a recent interview with Giga Berlin plant manager Andre Thierig, Musk stated that Tesla is looking to secure approval for FSD (Supervised) in the Netherlands this coming March.
“Tesla has the most advanced real-world AI, and hopefully, it will be approved soon in Europe. We’re told by the authorities that March 20th, it’ll be approved in the Netherlands,’ what I was told. Hopefully, that date remains the same. But I think people in Europe are going to be pretty blown away by how good the Tesla car AI is in being able to drive,” Musk stated.
Elon Musk
SpaceX considering confidential IPO filing this March: report
The filing could pave the way for a June listing at a valuation that may exceed $1.75 trillion.
SpaceX is reportedly preparing to confidentially file for an initial public offering (IPO) as soon as March. The filing could pave the way for a June listing at a valuation that may exceed $1.75 trillion, potentially making it the largest IPO in history.
The update was initially reported by Bloomberg News, which cited information shared by people reportedly familiar with the matter.
As per the publication, a confidential filing allows a company to receive regulatory feedback before publicly releasing its financials. Bloomberg’s source, however, noted that the timing of SpaceX’s IPO is still under discussion and plans could change.
SpaceX did not immediately respond to requests for comment.
A March submission would mark the clearest step yet toward bringing Elon Musk’s private space company into public markets. People familiar with the preparations said the offering could raise as much as $50 billion. That would surpass the $29 billion debut of Saudi Aramco in 2019, currently the largest IPO on record.
Major banks including Goldman Sachs Group Inc., JPMorgan Chase & Co., Morgan Stanley, and Bank of America Corp. are reportedly positioned for senior roles in the transaction. SpaceX is also said to be considering a dual-class structure that would allow insiders, including Musk, to retain enhanced voting control.
Satellite communications provider EchoStar Corp., which holds a stake in SpaceX, reportedly saw its shares rise following news of the potential filing.
At a valuation exceeding $1.75 trillion, SpaceX would immediately have a larger market cap than all but five of the companies traded in the S&P 500 index. That figure would place it ahead of Meta Platforms Inc. and Tesla Inc. by market capitalization, trailing only a small group of mega-cap firms such as Apple Inc. and Microsoft Corp.
The scale of the proposed valuation reflects SpaceX’s dominance in orbital launch services and its Starlink satellite network, which serves millions of users globally. The company has also outlined long-term expansion plans tied to higher Starship launch cadence, orbital infrastructure, and lunar development initiatives.
SpaceX IPO could push Elon Musk’s net worth past $1 trillion: Polymarket
Tesla expands global FSD (Supervised) testing with Abu Dhabi trials
