During the Q2 2021 Earnings Call Update Letter released in late July, Tesla revealed that the Semi program would be delayed once again due to battery cell constraints and supply chain bottlenecks. However, developments regarding the Semi’s charging system still move forward, and one document from Ideanomics subsidiary WAVE proposes an extreme fast-charging system that would provide speeds of 500 kW and 1 MW. It would be void of cables, wires, and implanted directly into the roadway, providing power without having to plug in.
WAVE, an acronym for Wireless Advanced Vehicle Electrification, is owned by NASDAQ-listed company Ideanomics. WAVE develops high-power inductive charging solutions, but not for things like cell phones. They develop these charging systems for medium and heavy-duty vehicles, and the Tesla Semi may be one of the first vehicles to utilize the technology.
In the document, WAVE shares that extreme fast-charging systems are a sub-category of the company’s primary 250 kW business. However, it aims to develop 500 kW and 1 MW-capable wireless electric vehicle chargers for large-scale commercial vehicles using a primary coil embedded in the roadway and a receiving coil within the truck. Power would then be transferred using magnetic fields that are created by using a resonant inverter to create high-frequency AC currents to energize a charging coil. The energy from the coil underground would transmit energy to the truck, providing a charge without plugging in.
The Tesla Semi visits Yandell Truckaway. (Photo: Arash Malek)
WAVE specifically mentions the strengths of the system and how it could benefit the Tesla Semi, in particular. The document states:
“The current state-of-the-art drayage truck charging features primarily conductive chargers. The recently announced Tesla Semi concept design has the largest advertised range of 500 miles with a target 80% charge in 30 minutes. The battery pack is estimated to be at least 800 kWh (likely much higher to cover full load and all conditions) and must have a target charge rate of at approximately 1.5 MW. The system under development via the US DOE contract of charging an electric drayage truck at extreme fast-charging power levels will be the fastest charger by a significant margin.”
$IDEX The WAVE W-XFC is mentioned here with the advanced battery pack for the Tesla Semi as an example
-This very high power wireless charging system, COUPLED w/ AN ADVANCED BATTERY PACK that supports high rate charging will allow MD/HD trucks/buses to be charged in 20-30 minutes pic.twitter.com/yPtuD0VhyM— Konahuanui Investments (@konahuanui) August 6, 2021
This will be possible through WAVE’s recently-developed wireless charging system that can transfer up to 250 kW for bus charging at a distance of 250 millimeters, or 10 inches. “This is achieved by using a scalable modular approach. For this project, WAVE will increase the power level to 500 kW.”
WAVE can achieve the increased power level by increasing the power rating and density of the electronics and the coil design. Uses for the idea can be applied to “a number of urban applications,” and WAVE indicates that it won’t be a technology exclusive to Class 8 vehicles.
Tesla has been developing the Megacharger for the Semi for several years and has achieved some impressive specs ahead of the vehicle’s release. In 2017 at the Semi’s unveiling event, CEO Elon Musk said that Tesla would install a global network of solar-powered Megachargers that could provide 400 miles of range in just 30 minutes. An output of over 1 MW would make this possible, but to avoid potential dangers due to high energy output, Tesla filed for liquid-cooled charging connectors. Tesla uses something similar in its V3 Superchargers.
Yesterday, WAVE was awarded a contract to develop wireless inductive charging solutions by government organization Sourcewell.
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Elon Musk
Tesla engineers deflected calls from this tech giant’s now-defunct EV project
Tesla engineers deflected calls from Apple on a daily basis while the tech giant was developing its now-defunct electric vehicle program, which was known as “Project Titan.”
Back in 2022 and 2023, Apple was developing an EV in a top-secret internal fashion, hoping to launch it by 2028 with a fully autonomous driving suite.
However, Apple bailed on the project in early 2024, as Project Titan abandoned the project in an email to over 2,000 employees. The company had backtracked its expectations for the vehicle on several occasions, initially hoping to launch it with no human driving controls and only with an autonomous driving suite.
Apple canceling its EV has drawn a wide array of reactions across tech
It then planned for a 2028 launch with “limited autonomous driving.” But it seemed to be a bit of a concession at that point; Apple was not prepared to take on industry giants like Tesla.
Wedbush’s Dan Ives noted in a communication to investors that, “The writing was on the wall for Apple with a much different EV landscape forming that would have made this an uphill battle. Most of these Project Titan engineers are now all focused on AI at Apple, which is the right move.”
Apple did all it could to develop a competitive EV that would attract car buyers, including attempting to poach top talent from Tesla.
In a new podcast interview with Tesla CEO Elon Musk, it was revealed that Apple had been calling Tesla engineers nonstop during its development of the now-defunct project. Musk said the engineers “just unplugged their phones.”
Musk said in full:
“They were carpet bombing Tesla with recruiting calls. Engineers just unplugged their phones. Their opening offer without any interview would be double the compensation at Tesla.”
Interestingly, Apple had acquired some ex-Tesla employees for its project, like Senior Director of Engineering Dr. Michael Schwekutsch, who eventually left for Archer Aviation.
Tesla took no legal action against Apple for attempting to poach its employees, as it has with other companies. It came after EV rival Rivian in mid-2020, after stating an “alarming pattern” of poaching employees was noticed.
Elon Musk
Tesla to a $100T market cap? Elon Musk’s response may shock you
There are a lot of Tesla bulls out there who have astronomical expectations for the company, especially as its arm of reach has gone well past automotive and energy and entered artificial intelligence and robotics.
However, some of the most bullish Tesla investors believe the company could become worth $100 trillion, and CEO Elon Musk does not believe that number is completely out of the question, even if it sounds almost ridiculous.
To put that number into perspective, the top ten most valuable companies in the world — NVIDIA, Apple, Alphabet, Microsoft, Amazon, TSMC, Meta, Saudi Aramco, Broadcom, and Tesla — are worth roughly $26 trillion.
Will Tesla join the fold? Predicting a triple merger with SpaceX and xAI
Cathie Wood of ARK Invest believes the number is reasonable considering Tesla’s long-reaching industry ambitions:
“…in the world of AI, what do you have to have to win? You have to have proprietary data, and think about all the proprietary data he has, different kinds of proprietary data. Tesla, the language of the road; Neuralink, multiomics data; nobody else has that data. X, nobody else has that data either. I could see $100 trillion. I think it’s going to happen because of convergence. I think Tesla is the leading candidate [for $100 trillion] for the reason I just said.”
Musk said late last year that all of his companies seem to be “heading toward convergence,” and it’s started to come to fruition. Tesla invested in xAI, as revealed in its Q4 Earnings Shareholder Deck, and SpaceX recently acquired xAI, marking the first step in the potential for a massive umbrella of companies under Musk’s watch.
SpaceX officially acquires xAI, merging rockets with AI expertise
Now that it is happening, it seems Musk is even more enthusiastic about a massive valuation that would swell to nearly four-times the value of the top ten most valuable companies in the world currently, as he said on X, the idea of a $100 trillion valuation is “not impossible.”
It’s not impossible
— Elon Musk (@elonmusk) February 6, 2026
Tesla is not just a car company. With its many projects, including the launch of Robotaxi, the progress of the Optimus robot, and its AI ambitions, it has the potential to continue gaining value at an accelerating rate.
Musk’s comments show his confidence in Tesla’s numerous projects, especially as some begin to mature and some head toward their initial stages.
Elon Musk
Celebrating SpaceX’s Falcon Heavy Tesla Roadster launch, seven years later (Op-Ed)
Seven years later, the question is no longer “What if this works?” It’s “How far does this go?”
When Falcon Heavy lifted off in February 2018 with Elon Musk’s personal Tesla Roadster as its payload, SpaceX was at a much different place. So was Tesla. It was unclear whether Falcon Heavy was feasible at all, and Tesla was in the depths of Model 3 production hell.
At the time, Tesla’s market capitalization hovered around $55–60 billion, an amount critics argued was already grossly overvalued. SpaceX, on the other hand, was an aggressive private launch provider known for taking risks that traditional aerospace companies avoided.
The Roadster launch was bold by design. Falcon Heavy’s maiden mission carried no paying payload, no government satellite, just a car drifting past Earth with David Bowie playing in the background. To many, it looked like a stunt. For Elon Musk and the SpaceX team, it was a bold statement: there should be some things in the world that simply inspire people.
Inspire it did, and seven years later, SpaceX and Tesla’s results speak for themselves.

Today, Tesla is the world’s most valuable automaker, with a market capitalization of roughly $1.54 trillion. The Model Y has become the best-selling car in the world by volume for three consecutive years, a scenario that would have sounded insane in 2018. Tesla has also pushed autonomy to a point where its vehicles can navigate complex real-world environments using vision alone.
And then there is Optimus. What began as a literal man in a suit has evolved into a humanoid robot program that Musk now describes as potential Von Neumann machines: systems capable of building civilizations beyond Earth. Whether that vision takes decades or less, one thing is evident: Tesla is no longer just a car company. It is positioning itself at the intersection of AI, robotics, and manufacturing.
SpaceX’s trajectory has been just as dramatic.
The Falcon 9 has become the undisputed workhorse of the global launch industry, having completed more than 600 missions to date. Of those, SpaceX has successfully landed a Falcon booster more than 560 times. The Falcon 9 flies more often than all other active launch vehicles combined, routinely lifting off multiple times per week.

Falcon 9 has ferried astronauts to and from the International Space Station via Crew Dragon, restored U.S. human spaceflight capability, and even stepped in to safely return NASA astronauts Butch Wilmore and Suni Williams when circumstances demanded it.
Starlink, once a controversial idea, now dominates the satellite communications industry, providing broadband connectivity across the globe and reshaping how space-based networks are deployed. SpaceX itself, following its merger with xAI, is now valued at roughly $1.25 trillion and is widely expected to pursue what could become the largest IPO in history.
And then there is Starship, Elon Musk’s fully reusable launch system designed not just to reach orbit, but to make humans multiplanetary. In 2018, the idea was still aspirational. Today, it is under active development, flight-tested in public view, and central to NASA’s future lunar plans.
In hindsight, Falcon Heavy’s maiden flight with Elon Musk’s personal Tesla Roadster was never really about a car in space. It was a signal that SpaceX and Tesla were willing to think bigger, move faster, and accept risks others wouldn’t.
The Roadster is still out there, orbiting the Sun. Seven years later, the question is no longer “What if this works?” It’s “How far does this go?”