News
New Tesla Service Center in Pittsburgh given the green light for construction
Tesla’s mysterious plans for a Pittsburgh Service Center have been rumored for several years but nothing could be confirmed. Then about a two months ago, concrete information began appearing on the public record. In June, Marshall Township planners gave their approval for the plans to move forward and now that they have been approved by the township supervisors, it’s time to release all the known details.
If you look closely at the pictures, you may recognize a logo imprinted on the face of the main entrance: the logo of Ethan Allen Furniture.
The store was sold to a Florida-based LLC in February. That LLC retains ownership of the building and will lease it to Tesla. In accordance with legislation already passed by the state government, the company is allowed five “dealerships” statewide. The property is located north of the city between Wexford and Cranberry in Marshall Township. As early as April, Tesla was on the agenda for the Planning Commission, but then postponed their appearance.
The upper red Tesla mark is the Cranberry Township Supercharger (map). I’ve placed a red dot on the site of the former Ethan Allen. The red Tesla mark in the middle of the map is the Ross Park Mall store location where the company recently held an exclusive grand opening event. The light grey Tesla mark is likely used to denote the geographic center of our local Ranger’s service area. The two smaller dark grey marks are destination chargers in the city.
The former Ethan Allen is on Route 19 (also known as McKnight Road as it passes through the closer suburbs), a busy commercial corridor that stretches through the entirety of the northern Pittsburgh region and on up through Cranberry (where the Supercharger is). The section pictured above is the third major concentration of car dealerships along the road, between the Wexford and Warrendale exits of I-79. The former Ethan Allen is circled in red. The brighter two blue circles are existing Lexus, Volvo, Land Rover and Jaguar dealerships. The blue circle closest to the Ethan Allen is currently being developed into a Maserati dealership. Somewhere in that row there will also be a Bentley dealership.
The new service center shares a plaza with another building that houses some medical offices and a backyard playground equipment store. The terrain necessitates that customers choose between driving down a blank-walled alley or around the side of the store (which looks like it should be the front).
The lot is somewhat awkward, but it does have a commanding view over the nearby dealerships from the side-oriented main entrance. The shaded parking spaces indicate Tesla’s planned areas for inventory cars. One of the supervisors questioned if that was an adequate number, but given Teslas are built-to-order they rarely have a lot of on-hand inventory– unlike a traditional dealership.
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There is a lot of additional parking along the backside of the store– but that’ll expanded even further for service loaners, deliveries and customer cars waiting to be serviced or picked up.
Having never shopped for a retail property, it’s hard to gauge how big some of the stats on the realty company’s brochure are– but the building certainly seems large enough and Tesla will have no problem filling it from wall-to-wall.
The interior of the store looked wide open for possibilities on paper, but that ignores some of the facts on the ground as you’ll see in a moment. The side-mounted lobby splits the building down the middle, with service on the backside edges and retail on the front sides where the windows are. Not much can be done along the alley-facing wall other than offices and storage, since all the restrooms and utilities are there.
Here’s the approach from Route 19 to the building. The dated beige and pink will be going away, replaced with a clean and modern palette of white and dark grey.
It’s only after you drive up to the building that realize the front door isn’t the front door. There’s no parking here and no room to add any. Tesla will also be putting some money into new exterior lighting and removing the awnings and their metal frames.
A large side-folding door will be added to the road-facing façade. It will accordion open to allow customers to drive their newly delivered cars out onto the street for the first time.
Sneaking a peek inside the glass doors, the building’s former life is still quite evident. Walls for all of the display “rooms” for the furniture litter the floor plan. They’re not substantive but it will still be a lot of debris to clear. The tiled “path” around the store will also be demolished. Floor treatments are expected to be a combination of tile and polished or painted/sealed concrete.
Rounding the corner, it becomes clear that I didn’t respect the handicapped parking lines during my scouting run last winter. There, I admit it—but I wasn’t exactly putting anyone out, so save your letters for the bro-trucks blocking Superchargers.
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The main entrance shows the Ethan Allen logo engraved into the façade. All the other signage was simply painted over with what seem to be black rattle-spray cans. Tesla will be renewing the stucco and painting it in their own colors with back lit signs similar to their other locations. You’ll note in all these pictures that the current state of the parking surface is not particularly inspiring either. More expense but also more confirmation that Tesla is willing to make some major capital investments into the Pittsburgh market.
Looking inside the main doors, you can see how the lobby splits the building into two halves. Tesla’s current floor plans indicate a receptionist will guide you to the right for sales, straight ahead to a lounge area or to the left where service advisors have their desks.
Like the road-facing façade, the main façade will be gaining a large door. Located on the far left side, the door will be a large commercial sized rollup door. The door will open into a drive-through passage leading behind the service desks and customer lounge and into the work areas of the service department. According to the plans, it seems necessary that this will designated as either an entrance or exit.
The layout of the building means that the back of the store is actually the side next to the front of the store… instead of the side opposite. For Tesla this presents an interesting opportunity in their renovations in that everyone who visits will get a clear look at the work going on as cars are driven in for service. For most dealerships the service area is hidden away behind the store and often a bit grimy, but for Tesla it’s actually a selling point with typically clean and bright work areas with colorful machinery and tools. Hopefully they’ll include windows from the customer lounge area to the service area.
If you consider that the existing loading dock is level with the internal floor, you can see there is an elevation change issue for that main wall’s new vehicle access. Not sure how they’ll resolve that discrepancy but the floor plans suggest a ramp up into the service area will be necessary while the loading dock is retained for parts delivery.
The rear of the property will be getting an additional 24 parking places and extensive landscaping. The parking expansion is probably just for the ebb and flow of deliveries but could also indicate that Pittsburgh might host some of the regions CPO cars as they await reconditioning and resale. A number of other parking stalls are added here and there as the lines are revised, but there is no immediate evidence of customer HPWCs or charging slots. Chargers for service/store use are expected to be in the ten shaded spots marked in the middle of the back lot.
The presence of an easement for utilities would suggest power for part of the lot could be made readily available even though the building’s utilities are currently located on the farthest alley corner.
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Completing our lap around the outside, the alley/driveway between the former Ethan Allen and the neighboring building shows an arrow straight driveway from Route 19. This will be great for trucks delivering new cars and for the Rangers (and their trailers) who will be based out of here. Tesla’s plans indicate another large rolling garage door will be added to the front half of this side. That door will access the service area directly and will probably be designated as either entrance or exit only. Exiting the parking lot on the other side provides easy access to another arrow straight road back to Route 19.
If all goes according to what appear to be Tesla’s plans, it’ll– quite literally– be an uphill battle for the some of the local dealers because Tesla will hold the high ground in Marshall Township. Construction is expected to begin almost immediately with a grand opening late this year, perhaps November.
One interesting prohibition that did come from this meeting. The supervisors are limiting the site to the sales of car and associated retail merchandise and accessories. The company is specifically forbidden from selling “other product lines” such as the Powerwall. If Tesla decides later they’d like to market those (or SolarCity panels), they’ll have to reappear in front of the board for approval.
SpaceX stock did the opposite of what most of Wall Street expected this week, when the day designed to be its most dangerous turned into a rally, and the rally kept going.
Thursday marked the first major lockup expiration since SpaceX’s June IPO, making roughly 911.5 million insider held shares eligible to trade for the first time, more than doubling the company’s public float. Analysts and short sellers had spent weeks bracing for a flood of selling, especially after the stock fell 13 percent following its first earnings report as a public company on Tuesday. Instead, shares rose 6.1 percent Thursday to close at $114.92, and by Friday they were trading near $129, up more than another 12 percent on the day.
SpaceX shorts get warned by Musk ally, echoing Tesla’s early struggles
The setup made the outcome notable. Short interest had climbed to roughly 34 percent of the float heading into earnings, among the highest of any large cap stock, with about 95 percent of available shares to borrow already on loan. CEO Elon Musk warned short sellers twice in the weeks before the lockup, writing on X that “the survival probability of firms who maintain a significant short position in SpaceX over time is very low,” then following up on the morning of earnings with “I try to warn them, but they just double down.”
When the newly unlocked shares hit the market and the selloff never showed up, some of that short position appears to have started unwinding. TipRanks reported that options activity shifted toward bullish strategies like put selling and risk reversals following the rally, with roughly $600 million in options premium trading Thursday alone. Retail buyers also stepped in during the earnings dip, according to Vanda Research.
The fundamentals behind the stock have not changed much in a week. SpaceX’s revenue nearly doubled year over year to $7.8 billion, with Starlink subscribers doubling to 12 million and the company’s AI segment growing 247 percent. What spooked investors on Tuesday was the spending side. Capital expenditures jumped to more than $18 billion for the quarter, up from $2.8 billion a year earlier, with AI investment alone rising from $749 million to $15.8 billion. Wall Street remains split on whether that spending is building infrastructure SpaceX needs or outrunning what the business can currently support, a debate Teslarati has tracked since shares first came under pressure.
None of that resolves the bigger question hanging over the stock. Thursday’s release was only the first of nine staggered lockup tranches, with roughly $800 billion worth of additional shares scheduled to become eligible through October, and Musk’s own stake stays locked until next June. If this week is any indication, the market is treating that supply as something it can absorb rather than something to fear, at least for now.
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News
The Boring Company’s newest Vegas Station has a permit quietly waiting behind it
Sahara Las Vegas opened a new Vegas Loop station, joining an exclusive two resort transit club.
Sahara Las Vegas opened a new Vegas Loop station Thursday, giving The Boring Company’s underground transit system its northernmost stop yet on the Strip. The station sits at Sahara’s Paradise Road entrance, on the southeast corner of Las Vegas Boulevard and Sahara Avenue, and connects riders to the Las Vegas Convention Center, other Strip resorts on the network and, eventually, Harry Reid International Airport.
The addition makes Sahara the second resort, after Fontainebleau opened its own station in January, to get a stop built at street level rather than tucked into the property itself. Sahara now joins Westgate as the only two Strip resorts offering both a Vegas Loop station and a stop on the Las Vegas Monorail, giving guests two separate ways to get around without leaving the property.
The Boring Company just doubled its tunneling power in Nashville
The bigger news buried in Thursday’s announcement is what comes next. Boring Company has already secured its first permit to tunnel north of Sahara Avenue, extending the network beyond where it currently ends, even though permits to push the Loop toward downtown Las Vegas still haven’t been granted. Crews are also working on a two mile dual tunnel line running from Westgate to a planned station at 4744 Paradise Road, just north of Tropicana Avenue, that Las Vegas Convention and Visitors Authority CEO Steve Hill has said the company hopes to open in time for November’s Las Vegas Grand Prix.
Ridership has grown alongside the buildout. The Loop moved roughly 82,000 passengers during CONEXPO in early March, a total the company highlighted on its own X account at the time, and the system has now carried more than 4 million passengers through 11 open stations since it began running in 2021. The airport connector tunnels, meant to give the Loop a direct link to Harry Reid, have slipped past their original first quarter target and remain under construction, with Boring Company director Mike Baier saying that a full opening is still a few months out.
For Sahara, the calculation is straightforward. Convention traffic drives a large share of Loop ridership, and a station at the property’s front door gives conventiongoers one more reason to book rooms on the Strip’s north end instead of closer to the convention center itself.
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Elon Musk
Tesla’s mysterious Robovan makes a sneak peek with Optimus in Terafab video
Elon Musk shared a new Terafab video showing Optimus, Robovans, and a stunningly futuristic campus.
Elon Musk posted a new video of Terafab on X Thursday morning, and the most eye-catching details in it were not the building itself, but two products still awaiting production: Optimus and the Robovan.
The concept render, credited to SpaceX, shows Optimus robots working the grounds of the roughly 2.5-mile-long facility planned for the Gibbons Creek site in Grimes County, while a Robovan glides along an elevated roadway cutting through the building itself, sharing the frame with a Tesla Semi and a Cybercab.
Robovan is the boxy, driverless people and cargo mover Musk unveiled alongside Cybercab at Tesla’s “We, Robot” event in October 2024. He pitched it as a way to move up to 20 passengers at once, or handle freight instead, at a target cost he claimed could fall under a dollar a mile, with no steering wheel or pedals, the same layout as Cybercab. Nearly two years later, Robovan still has no confirmed production timeline and has not shown up in any factory footage, which makes Thursday’s render one of the only recent looks at the vehicle in any form.
Terafab Texas will be the largest and most valuable building on Earth by far.
And it will be stunningly beautiful. pic.twitter.com/4NweOqTL7y
— Elon Musk (@elonmusk) August 6, 2026
Optimus has moved further along. Tesla began converting Fremont’s old Model S and Model X assembly line into a Gen 3 Optimus production line earlier this year, and Musk visited the site on July 1 to mark the changeover. A second, larger Optimus plant is under construction at Giga Texas, targeting volume production in summer 2027 and eventual capacity of 10 million units a year. Tesla AI lead Ashok Elluswamy said this month the robot has “big shoes to fill” in replacing the S and X line, while Musk has repeatedly called Optimus the company’s biggest product of any kind, with a long-term price he has pegged between $20,000 and $30,000.
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Check out the “Robovan” from @Tesla
📸: @Teslarati pic.twitter.com/D4es2i9NUe
— TESLARATI (@Teslarati) October 11, 2024
“Terafab Texas will be the largest and most valuable building on Earth by far,” Musk wrote alongside the clip. “And it will be stunningly beautiful.”
One quote post summed up the reaction: “Futuristic scene with RoboVan + Cybercab + Tesla Semi + Optimus.”
Beyond the vehicles, the architecture wrapped around them stands out too. The building’s facade is canted at sharp angles, with illuminated horizontal bands running through what appears to be a multi level interior visible from outside. Below the elevated roadway, pedestrians walk along a plaza next to a reflecting pool, and the skyline behind the campus is dotted with angular spires that read more like sculpture than infrastructure, a departure from the strictly utilitarian look of Gigafactory Texas or Starbase.
The timing tracks with what Terafab representative Riley Trennell told Grimes County residents on Wednesday, when he said renderings of the facility would be released “within days.” Musk’s post followed less than 24 hours later, and Texas Governor Greg Abbott’s office sent out its own release Thursday confirming the project. As Teslarati reported this morning, Terafab’s tax abatement agreements with Grimes County are now signed and active, and SpaceX has sent the county its first $10 million payment under that deal. The dollar figure tied to this phase of construction, per Reuters, is $16.8 billion, one of the first hard capital expenditure numbers attached to Terafab since Musk unveiled the joint Tesla-SpaceX-xAI venture in March.Reaction on X ranged from enthusiastic to skeptical. “God Bless Texas! Everything is bigger and better in Texas!” one reply read. Another was more measured: “Terafab in a decade…..”
Whether the finished building matches the render is a separate question from whether Musk wanted people talking about the render itself. Less than a day after posting, the video had already crossed 5.5 million views.
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Elon Musk and SpaceX shrugs off the trading day Wall Street feared most
The Boring Company’s newest Vegas Station has a permit quietly waiting behind it
