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Tesla Top 5 Week in Review: Model 3 “Founders Series”, a test drive gone wrong, Tesla insurance, and more

The news this week out of Tesla focused a lot on the Q4 earnings call and the 2016 annual financial report, with overall good numbers and analyst reactions. Part of that confidence came from the anticipated production of the new Model 3, which will be released to employees first as part of a feedback loop. In other areas, an overnight test drive program for prospective buyers turned bad when a driver behind a P100D lost control and crashed. Generally, Teslas score in the highest levels of automotive safety, which is why Tesla may be considering offering customers a package where purchase costs, insurance, and maintenance are bundled together. And, finally, more good news poured out of Nevada, where the Tesla Gigafactory is under construction. All that and more: read on, Teslarati fans….
Tesla beats Wall St. estimates: $7 billion revenue; record Model S, X orders; Model 3 production starts in July
Tesla released its 2016 Q4 financial results and shareholders letter as well as its annual 2016 overall financial report. With Q4 earnings loss of $.69 per share, Tesla came in at the lower end of the estimate spectrum. Revenue was $2.28 billion versus an estimate of $2.13 billion. For the full year 2016, revenues were up 73% from 2015 at $7 billion. Q4 Model S and X vehicles came in at record high sales numbers. In the days prior to the financial announcement, Tesla stock values had soared to nearly all-time highs.
Tesla Model 3 Design Studio expected in June, “Founders Series” will go to employees first
The Tesla Model 3 configurator is about three or four months away, according to Tesla CEO Elon Musk. Model will be released incrementally for testing and feedback. First deliveries will be offered to employees as part of an internal “feedback loop” to generate information before customers experience the car. Following the employee offering, west coast Tesla owners with geographic proximity to the Fremont factory will have the next opportunity to experience the Model 3. After that, the geographical expansion will continue to other regions and other lucky new Tesla customers.
Tesla’s “overnight test drive” program ends badly for one P100D driver
Last summer, a registration form appeared on the Tesla website in which prospective buyers could apply for an overnight test drive program. A prospective customer near Canmore, Alberta was behind the wheel of a P100D, which is Tesla’s fastest production car, when it crashed into guardrails. Authorized Tesla body shop Contemporary Coachworks declined to release background information regarding the incident, including the Tesla’s speed at the time of impact. Pictures taken afterward do seem to show significant damage, which leads one to wonder what insurance costs will look like for the test run. Maybe the next top featured story of the week isn’t just coincidence….
Tesla looks to bundle insurance policy into the purchase of a car
In Asia, Tesla offers a package to customers that includes the costs of purchase, insurance, and maintenance. That’s a model that Tesla would like to bring to the U.S., according to company information provided this week. This package may be offered in conjunction with external insurance providers or as in-house option. Providing insurance, in addition to other essential coverage, would be another way that Tesla would disrupt a business-as-usual set of practices from top automakers. The company has the capacity to offer this bundled package because Teslas have a strong safety record, which underlies the usual perils inherent in car insurance.
Nevada official says Tesla Gigafactory has over 1,000 workers and is hiring 150-200 more each month
At at time when the talk of the nations is jobs, jobs, Tesla’s job creation numbers at its Gigafactory in northern Nevada are one bright moment in an otherwise stagnant employment scene across the country. With hiring levels at about 150 to 200 more every month, Executive Director Steve Hill told the Senate Finance Committee last week during a budget review meeting that the California-based electric carmaker and energy company may be able to have 3,200 workers by March, 2018. Job creation at the Gigafactory reinforces Tesla’s original commitments when Nevada provided a $1.3 billion tax incentive package to Tesla at a time when the company’s name recognition was quite low.
Elon Musk
Elon Musk confirms Grok 4 launch on July 9 with livestream event
The rollout will be accompanied by a livestream at 8 p.m. Pacific Time.

Elon Musk has officially confirmed that Grok 4, the latest version of xAI’s large language model, will launch on July 9. The rollout will be accompanied by a livestream at 8 p.m. Pacific Time, hosted on xAI’s official account on X.
xAI goes straight to Grok 4
Back in May, leaks indicated that xAI was getting ready to ship Grok 3.5. Considering Musk’s recent comments, however, it appears that the artificial intelligence startup would be focusing on the large language model’s fourth iteration instead. As noted in a Financial Express report, users on X have sighted references to Grok 4 in the lead up to the update’s launch, such as “grok-4-prod-mimic” and “Grok 4 Code.”
Musk’s Grok 4 announcement comes as AI competition intensifies between major players including OpenAI, Google, and xAI. With Musk’s Colossus supercomputer fully operational in Memphis, xAI appears to be accelerating its AI product roadmap.
Musk pushes Grok toward political neutrality
Grok 4’s launch also follows a recent controversy involving political bias, as noted in a CNN report. Last week, Grok responded to a user on X stating that political violence in the U.S. since 2016 had come more from the political right than the left. The chatbot noted in a later reply that its answer was based on information from sources like Reuters, the Journal of Democracy, and University of Maryland studies.
Musk stated that Grok’s response was a “major fail.” “Major fail, as this is objectively false. Grok is parroting legacy media. Working on it,” he wrote in a post on X. By the end of June, Musk noted that he was “grinding all night with the xAI team” and that they were making “good progress.” He also stated that the model “Will be called Grok 4. Release just after July 4th. Needs one more big run for a specialized coding model.”
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Tesla opens massive solar Supercharger station in California
The Supercharger opened to customers ahead of Fourth of July weekend, while Tesla continues phase two of construction on the site.

Tesla has officially launched the first several Supercharging posts at a massive station in California, notably including solar canopies and grid-scale batteries to offer completely renewable charging.
Last week, Tesla announced on X that it opened the first 84 Supercharger stalls of a planned 168-stall station in Lost Hills, California. Additionally, the massive Supercharger project features 11MW of solar canopies and 10 Megapack batteries for off-grid charging powered entirely by solar energy.
Tesla completed the first phase of the project just days ahead of the busy Fourth of July holiday weekend, adding that initial construction took just eight months. In addition to the remaining charging stalls, Tesla says it’s building a set of lounge areas, renderings of which can be seen below alongside current photos of the site.
Notably, the site also includes V4 charging posts for the company’s latest available charging speeds, and it’s located near the busy junction between I-5 and Highway 46 in Kern County.
“Thank you [Kern County] and [PG&E] for collaboration and approvals,” Tesla wrote in a follow-up post.

Credit: Tesla Charging | X

Credit: Tesla Charging | X

Credit: Tesla Charging | X

Credit: Tesla Charging | X
Tesla Supercharger Maps for North America, Europe, and Asia pic.twitter.com/0U5r0XRPyo
— TESLARATI (@Teslarati) July 2, 2025
READ MORE ON TESLA SUPERCHARGERS: Tesla launches ultra-fast V4 Superchargers in China for the first time
Testing at the LA Diner, plus Musk update on potential Tesla solar Gigafactory
The huge Tesla Supercharger station completed phase one of construction fairly quickly, especially given how long Tesla has been working on its unique Los Angeles diner, drive-in, and Supercharger location. Still, the company was seen performing some testing at the nearly-completed charging station earlier this month, and will reportedly be holding a job fair.
Elon Musk also responded on Monday morning to a post on X, suggesting that Tesla is “thinking about” building a U.S.-based solar Gigafactory in order to help support increased power needs with AI growth, and to bolster domestic solar production.
Tesla is building a new UFO-inspired Supercharger in the heart of Alien country
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Tesla driver walks away from major accident with minor injuries
The driver sustained only minor injuries, and the exact cause of the crash remains under investigation.

The driver of a Tesla Model Y survived and walked away from a harrowing accident on Monday in California, only sustaining minor injuries despite the vehicle being impaled by a guardrail.
On Monday morning around 4:34 a.m., the Los Banos division of the California Highway Patrol (CHP) responded to the accident on I-5 near Panoche Road, involving a 23-year-old in a Tesla Model Y. According to a post on social media, the driver veered off the road for unknown reasons in the northbound lane, before crashing directly into the guardrail and impaling the vehicle.
You can read the full message and photos from Los Banos CHP below, as were shared in a Facebook post on Monday afternoon.
This morning a Tesla model y was traveling in the #1 northbound lane of I-5 north of Panoche Rd. For unknown reasons driver allowed V-1 to veer off the roadway, travel through a dirt center divide, and crashed into the fixed metal guardrail. Lucky for the driver he only sustained minor injuries and was able to walk away. Driving a vehicle requires 100% attention to the road. Avoid distractions and focus on driving.

Credit: CHP Los Banos (via Facebook)

Credit: CHP Los Banos (via Facebook)

Credit: CHP Los Banos (via Facebook)
In a statement to SFGate, CHP officer Myles Anderson said that the driver only sustained minor injuries, while no arrests are made and drugs and alcohol are not suspected to have been involved. The report also notes that Tesla’s “cruise control and lane assistance features” were activated, according to Anderson. However, it’s not entirely clear if this is referring to Supervised Full Self-Driving (FSD), or to the cruise control and lane assist features baked into Autopilot.
At the time of writing, CHP has not yet responded to Teslarati’s request for clarification and additional details on the matter.
Tesla Crash Safety Ratings across its lineup: pic.twitter.com/ny30R7ceji
— TESLARATI (@Teslarati) July 1, 2025
READ MORE ON TESLA SAFETY: Tesla rolls out crucial new safety feature aimed at saving children
The news comes after Tesla has touted its vehicles as incredibly safe for many years. In December, for example, the company highlighted receiving top safety scores from regulators on four different continents throughout the world, including from the National Highway Traffic Safety Administration (NHTSA) and the Insurance Institute of Highway Safety (IIHS) in the U.S.
Tesla has also listed the goal of making its vehicles the safest on the road throughout the years, both in the overall design of its vehicles and in its Autopilot and Full Self-Driving (FSD) programs.
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