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Tesla, SpaceX enthusiasts embraced at X Takeover this month

Credit: Tesla Owners Silicon Valley

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The X Takeover, formerly called the Tesla Takeover, is coming up later this month, and it’s expanding its scope this year to include more than just the electric vehicle (EV) company’s enthusiasts.

Taking place in San Luis Obispo, California, from July 26-28, the X Takeover has increased its offerings this year to accommodate fans of Tesla, SpaceX, and other tech and digital connectivity themes. Along with group rides, a massive live Tesla light show, and more, the event will include keynote speeches from Tesla Chief Designer Franz von Holzhausen and SpaceX-affiliated entrepreneur and commercial astronaut Jared Isaacman.

The event is being organized by Tesla Owners Silicon Valley at the Madonna Inn, with opening events taking place on Friday, while breakout sessions and keynote speeches will happen on Saturday and Sunday. More than 60 exhibitors will be selling accessories, services, and other products, along with a camping expo, a Super modified Tesla contest, a Cybertruck showcase, and more.

“We are thrilled to unveil X Takeover and provide attendees with a unique opportunity to immerse themselves in the worlds of Tesla, SpaceX, and beyond,” says John Stringer, Tesla Owners Silicon Valley President. “Our event will allow attendees to learn from industry experts, connect with like-minded individuals, and experience Tesla’s and SpaceX’s latest technological advancements, and we can’t wait to share them with the world.”

Event sponsors include T-Sportline, Tesplus, Michelin, and Tesla, and a portion of the proceeds from the event will also go toward the 17 Strong charity and St. Jude Children’s Research Hospital. Tickets start at $45 for a one-day pass, or $60 for a Saturday-Sunday pass.

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Last year’s Tesla Takeover had over 2,000 in attendance, and organizers expect this year to land somewhere between 2,000 and 3,000.

You can see the full schedule for the 2024 X Takeover below, or check out the full Eventbrite page here to buy tickets.

X Takeover Schedule: Friday, July 26, 2024

  • 5:00 p.m. – Open House at Tesla San Luis Obispo
  • 6:00 p.m. – Pre-Event Central Coast Scenic Ride & Drive
  • 9:00 p.m. – Epic Synchronized Tesla Light Show

X Takeover Schedule: Saturday, July 27, 2024

  • 10:30 a.m. – Welcome and Introductions (ft. John Stringer, Kelvin Gee)
  • 11:10 a.m. – Cyberbull$: Many Opportunities Ahead for Tesla in the Coming Years (ft. Alexandra Merz, Jeff Lutz, Galileo Russell, Herbert Ong)
  • 11:50 a.m. – Enhance Your Tesla Experience: Discover TESPLUS’ Latest Accessories Lineup (ft. Chris Li, Ted Marena)
  • 12:30 p.m. – Charge Ahead: Unlocking the Future of EV Charging with EVject’s Breakaway Adapter (ft. Kreg Peeler, Ted Marena)
  • 1:10 p.m. – Tesla Adventure: Unleashing the Potential of Camping with Your Electric Ride (ft. Matthew Hofmann, Ted Marena)
  • 1:50 p.m. – Living Electric: Exploring the Tesla Lifestyle and Community (ft. Kim Java, Ryan McCaffrey)
  • 2:30 p.m. – Unleashing Efficiency: Michelin’s EV-Ready Product Line and the e.Primacy Tire (ft. Russell Shepherd, Ryan McCaffrey)
  • 3:10 p.m. – Customizing the Future: T Sportline’s Innovations with Cybertruck Modification (ft. Brian Reese)
  • 3:50 p.m. – Into the Future: Exploring Tesla’s Full Self-Driving, Robotics, and Neuralink (ft. Dr. Know It All, Whole Mars Catalog, Ryan Tanaka, Meet Kevin)
  • 4:40 p.m. – Keynote: Shaping the Future of Automotive Innovation (ft. Franz von Holzhausen, John Stringer, Kelvin Gee)
  • 5:30 p.m. – Group Photo, Super Modified Tesla Contest Winner, Passport Drawing, and Wrap Up (ft. Joe Jefferson)

X Takeover Schedule: Sunday, July 28, 2024

  • 10:30 a.m. – Unplugged and Unstoppable: Revolutionizing the Cybertruck and America’s Police (ft. Ben Schaffer, John Stringer)
  • 11:00 a.m. – Journey to the Stars: Exploring SpaceX’s Quest for Space Exploration (ft. Ellie in Space, Felix Schlang)
  • 11:30 a.m. – Powering Perspectives: Discussions with Tesla Influencers (ft. Dirty Tesla, Bearded Tesla, Everyday Chris, Brian White)
  • 12:40 p.m. – Keynote: From Entrepreneurship to the Cosmos: A Journey of Inspiration (ft. Jared Isaacman, John Stringer, Kelvin Gee)
  • 1:30 p.m. – Passport Prize Giveaway and Wrap Up

Over 1,000 Tesla owners host largest light show yet in South Korea

What are your thoughts? Let me know at zach@teslarati.com, find me on X at @zacharyvisconti, or send us tips at tips@teslarati.com.

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Zach is a renewable energy reporter who has been covering electric vehicles since 2020. He grew up in Fremont, California, and he currently lives in Colorado. His work has appeared in the Chicago Tribune, KRON4 San Francisco, FOX31 Denver, InsideEVs, CleanTechnica, and many other publications. When he isn't covering Tesla or other EV companies, you can find him writing and performing music, drinking a good cup of coffee, or hanging out with his cats, Banks and Freddie. Reach out at zach@teslarati.com, find him on X at @zacharyvisconti, or send us tips at tips@teslarati.com.

Elon Musk

Analyst: Elon Musk’s $1 trillion Tesla pay deal modest against robot market potential

Jonas highlighted Tesla’s longer-term ambitions in robotics as a key factor in his assessment.

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Credit: Tesla

Morgan Stanley analyst Adam Jonas, one of Wall Street’s most ardent Tesla (NASDAQ:TSLA) bulls today, has described Elon Musk’s newly proposed $1 trillion performance-based compensation package as a “good deal” for investors. 

In a note shared this week, Jonas argued that the package helps align the interests of Musk and Tesla’s minority shareholders, despite its shockingly high headline number.

Future market opportunities

Jonas highlighted Tesla’s longer-term ambitions in robotics as a key factor in his assessment. “Yes, a trillion bucks is a big number, but (it) is rather modest compared to the size of the market opportunity,” Jonas wrote. He added that the humanoid robot market could ultimately surpass the size of today’s global labor market “by a significant multiple.”

“We have entertained scenarios where the humanoid robot market can exceed the size of today’s global labor market… by a significant multiple,” Jonas wrote, as shared on X by Tesla watcher Sawyer Merritt.

The analyst likened the arrival of AI-powered robotics to the transformative effect of electricity, noting that “contemplating future global GDP before AI robots is like contemplating global GDP before electricity.” The Morgan Stanley analyst’s insights align with the idea that as much as 80% of Tesla’s future valuation could be tied to its Optimus humanoid robot program.

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Elon Musk’s pay package

Tesla’s board has tied Elon Musk’s proposed compensation package to some of the most ambitious targets in corporate history. The 2025 CEO Performance Award requires the automaker’s valuation to soar from roughly $1.1 trillion today to $8.5 trillion over the next decade, a level that would make Tesla the most valuable company in existence.

The plan also demands a leap in Tesla’s operating profit, from $17 billion in 2024 to $400 billion annually. It also ties the CEO’s compensation to a number of product milestones, including the delivery of 20 million vehicles in total, 10 million active Full Self-Driving subscriptions, 1 million Tesla Bots, and 1 million Robotaxis in operation. Tesla’s board emphasized that Musk’s leadership was fundamental to achieving such ambitious goals, with Chair Robyn Denholm noting the award would align the CEO’s incentives with long-term shareholder value.

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Tesla China posts strongest registrations of Q3 so far with first Model Y L deliveries

Tesla posted 14,300 insurance registrations in China during the week of September 1–7.

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Credit: Tesla China

Tesla posted 14,300 insurance registrations in China during the week of September 1–7, a 14.4% increase from the previous week’s 12,500 units. 

The figure marks Tesla’s highest weekly performance so far this quarter so far, despite the company’s year-over-year figures still being below 2024’s numbers.

Weekly registrations

The week’s registrations broke down to 5,000 Model 3s and 8,400 Model Ys, including the first 900 units of the newly launched Model Y L variant, as per estimates from industry watchers. On a quarterly basis, Tesla China is tracking 41.3% growth compared to the previous quarter, which bodes well for the company’s results this Q3 2025.

For the month of August, Tesla sold 57,152 vehicles in China, down 9.93% from the same period in 2024 but up 40.7% from July’s 40,617 units, according to the China Passenger Car Association (CPCA). Year-to-date, Tesla’s China sales are 7.2% lower compared to the previous year.

Model Y L first deliveries

The week ending September 7 was the first week that included the newly released Model Y L, a six-seat extended wheelbase version of the company’s best-selling all-electric crossover. Industry watchers estimate that last week, the first 900 units of the Model Y L have been registered, though this number is expected to increase in the coming weeks as deliveries of the vehicle hit their pace.

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Citing information from a Tesla store in Beijing, Chinese media outlet Cailianshe stated that the Model Y L has been seeing a lot of interest among car buyers. “(The Model Y L) is selling very well. Since its launch, 120,000 orders have been received, with nearly 10,000 orders placed every day. The first batch of customers began receiving deliveries in the past two days,” a Tesla representative stated.

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Tesla launches MultiPass to simplify charging at non-Tesla stations

With the new service, Tesla owners can activate charging either through the Tesla app or by using their existing Tesla key card.

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tesla nacs charger
(Credit: Tesla)

Tesla has introduced MultiPass, a new feature that allows owners to use their Tesla account to charge at non-Tesla charging stations. 

The service launched this week in the Netherlands, giving drivers the ability to find chargers, start sessions, and view charging history directly within the Tesla app.

Streamlining third-party charging

With MultiPass, Tesla owners can activate charging either through the Tesla app or by using their existing Tesla key card. This eliminates the need for separate accounts or additional cards from third-party networks. Tesla Charging highlighted the convenience of managing charging sessions in one location in a post on X, while Max de Zegher, Tesla’s Director of Charging for North America, emphasized that the update removes unnecessary friction.

“Nobody likes creating more accounts with payment details and passwords. For charging, this can even mean needing a third-party charging card mailed to your house. Starting in the Netherlands today, your Tesla App and your existing (!) Tesla keycard can start charging at third-party chargers. We’ll expand this to more countries quickly if customers love it. To make ownership effortless, the Tesla App should really be the only thing you need,” the Tesla executive wrote in a post on X.

Third-party payments and a familiar name

Tesla owners could pay for their third-party charging session with their Tesla accounts, as per the electric vehicle maker on its official website. Payments are drafted from users’ default payment method in the Tesla App, though charging costs will still vary depending on the third-party charger that is used.

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Interestingly, the MultiPass name also echoes a pop culture reference. In the 1997 sci-fi film The Fifth Element, Leeloo Dallas-505 carried a futuristic “Multipass” smart card that functioned as her ID, passport, and ticket to space travel. Her accented repetition of “Multipass!” became one of the film’s most memorable lines, and it highlighted the card’s all-in-one convenience.

Tesla has not provided a timeline for Multipass’ U.S. rollout, though the service could become an important addition to the growing but often fragmented landscape of DC fast charging.

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