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Tesla top 5: Week in review, January 28
It’s been a week in which we’ve seen Wall Street traders sheepishly admitting that their doom-and-gloom forecasts about Tesla stocks were just a bit off. The Model 3, with its important new target audience, was highlighted as one of the key stories to watch for 2017. Elon’s been tweeting again, this time about his newest idea to build a tunnel beneath LA’s notorious traffic bottlenecks. Also, Musk’s endorsement of Tillerson for Secretary of State did cause a few raised eyebrows, but his rationale did make sense. And Tesla is back in the courts, this time to sue a former exec for allegedly stealing proprietary information.
Trump effect takes hold of Tesla’s (TSLA) stock price
Tesla stock has been on the rise, making gains since the Q4 earnings report came in. Morgan Stanley automotive analyst Adam Jonas upgraded Tesla’s target price, citing “overlapping interest” with Trump in creating technology and manufacturing jobs. We at Teslarati conceded the “Trump effect” but also credited Tesla’s vivacious performance and surplus cash on hand as making a difference in 2017 Tesla stock projections. So, too, is Tesla’s ability to sell carbon credits to other automakers as well as improvements in their automotive production.
Tesla’s Model 3 will be big news in 2017 and why you should care
All along, Elon Musk has reiterated that his plan for Tesla has only started with selling luxury cars like the Model S sedan and Model X SUV. Ultimately, the long term goal has been to draw upon resulting revenue to develop an upscale but much more affordable car. Enter the Model 3 at a starting price of $35,000. Its sale is more than just another model that will broaden Tesla’s appeal: selling the Model 3 will mean introducing sustainable transport to a larger segment of the population and slowing climate change through decentralized energy generation.
-->Elon Musk plans to dig a tunnel from SpaceX to likely LAX airport
Elon Musk’s tunnel will connect SpaceX with nearby LAX airport
In December, Musk tweeted that “traffic is driving me nuts.” The result? He announced that he intended to open “The Boring Company,” which would build a tunnel boring machine as part of a traffic deterrent alternative. This week, Musk said it’s on the verge of happening: he is serious about his tunnel, and “exciting progress” has been made on tunnel plans. His most recent update, announced via Twitter, were that there is a “plan to start digging in a month or so.” The tunnel is project to begin in Hawthorne, California at the intersection of Crenshaw and the 105 Freeway, five minutes from LAX— oh, yeah, and conveniently located, Musk adds, “across from my desk at SpaceX.”
Why Musk is supporting former Exxon Mobil CEO for Secretary of State
Controversial Rex Tillerson received narrow approval as Secretary of State this week. Musk’s response? “Rex is an exceptionally competent executive, understands geopolitics and knows how to win for his team. His team is now the USA. I share The Economist’s opinion that he should be given the benefit of the doubt unless his actions prove otherwise.” Musk rationalized his stance on Tillerson’s support for a carbon tax. “This is what is really needed to move the needle,” he added, because a carbon tax is the “best tool for fighting climate change.”
Ex-Tesla Director of Autopilot Software sued over accusations of stealing proprietary info
Tesla is in the courts again, with a recent series of court filings saying that a former employee who left to set up a rival business has stolen company secrets and lured away key staff. Sterling Anderson, who came on board with Tesla in 2014 as a senior product manager working on the Model X SUV and later became director of the Autopilot team, may have broken his contractual agreement with Tesla. Enticing staff moves away from Tesla and to Anderson’s new car company with working title “Aurora,” among other things, breaches a clause that prohibits any headhunting prior to a 12 month embargo.
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Elon Musk
Elon Musk shares SpaceX’s directive that destroys a prevalent media narrative
Musk’s comments followed Starlink’s initiatives for people affected by severe flooding in Indonesia and Cyclone Ditwah in Sri Lanka.
Elon Musk recently shared SpaceX’s standing policy to offer free Starlink service during natural disasters worldwide, highlighting the company’s commitment to pursue aid over profit during times of need.
Musk’s comments followed Starlink’s initiatives for people affected by severe flooding in Indonesia and Cyclone Ditwah in Sri Lanka.
Starlink activates free service in Indonesia and Sri Lanka
Starlink recently announced free service for those impacted by severe flooding in Indonesia’s Sumatra region, partnering with the government to deploy terminals rapidly to the hardest-hit areas. The offer extends to new and existing customers through December, restoring connectivity in zones where traditional networks have failed due to infrastructure damage.
Musk quoted the post on X, writing, “SpaceX standard policy is to make Starlink free whenever there is a natural disaster somewhere in the world. It would not be right to profit from misfortune.”
Starlink extended the same relief to Sri Lanka amid Cyclone Ditwah, coordinating with local authorities for additional support. The cyclone battered the island nation with heavy rains and winds, disrupting communications for thousands. Free access also lasts until year-end, emphasizing Starlink’s role in bridging gaps during crises.
-->“For those affected by the severe flooding in Indonesia and Sri Lanka in the aftermath of Cyclone Ditwah, Starlink is providing free service to new and existing customers through the end of December 2025. We’re also working with the Indonesian government to rapidly deploy terminals and restore connectivity to the hardest-hit areas on Sumatra, as well as with the Sri Lankan government to provide additional assistance,” Starlink wrote in a post on its official website.
Musk’s companies routinely provide aid
Musk’s firms have a track record of providing critical support in crises, often without fanfare, challenging portrayals of him as a comic book villain intent on enriching himself on the backs of a suffering populace. In January 2024 alone, Tesla opened Superchargers for free in Japan’s Hokuriku region after a magnitude 7.6 earthquake killed at least 55 and injured hundreds.
Similar efforts include Starlink deployments for the 2023 Maui wildfires, 2024 Hurricane Helene in North Carolina, and floods in Texas, where the service was used to help facilitate emergency coordination. These actions, which total millions in waived fees and logistics, demonstrate a proactive ethos among Musk’s companies, with Musk noting in past interviews that such aid stems from engineering solutions over optics.
The initiatives also provide a direct rebuttal of Musk’s characterization on mainstream media, which tends to lean negatively. This has become much more notable in recent years as Musk adopted more conservative policies. These negative sentiments came to a head earlier this year when Tesla stores, vehicles, and even some owners, were attacked during waves of anti-Tesla protests.
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Tesla Cybertruck welcomed with open arms in South Korea
The event featured interactive demos, a light show with the full Tesla lineup, and announcements including FSD Supervised’s planned rollout to Cybertruck by the end of 2025.
Tesla Korea handed over its first 30 Cybertrucks to owners on Thursday during a ceremonial event at the Cultural Reserve Base in Seoul, marking the all-electric pickup truck’s official debut outside North America.
The event featured interactive demos, a light show with the full Tesla lineup, and announcements including FSD Supervised’s planned rollout to Cybertruck by the end of 2025.
A historic delivery event
The November 27 event transformed a former oil reserve warehouse into a symbolic launchpad for electric mobility. Attended by 30 new owners, the event included hands-on activities such as hammer-strike durability tests, accessory sales, a lucky draw, and group photos. It culminated in a synchronized light show featuring the 30 Cybertrucks alongside Model S, Model 3, Model X, and Model Y vehicles, which drew cheers from attendees.
Yvonne Chan, Tesla APAC Regional Director, joined as a special guest to celebrate the delivery milestone. Tesla Korea President Seo Young-deuk was also in attendance, and shared his optimism for the company’s momentum in the country.
“Korea is currently the third-largest market for Tesla sales worldwide, and this year, for the first time, it has achieved the No. 1 spot in imported car brand sales volume, Tesla Korea is growing at an incredibly rapid pace,” he said. “To repay this love from our customers, Tesla plans to continue investing in the Korean market and enhancing the customer experience.”
-->FSD Supervised launches in Korea
Seo announced the official introduction of Full Self-Driving (Supervised) in Korea, with Cybertrucks slated for inclusion by the end of 2025, which promoted applause from the event’s attendees. With even the Cybertruck expected to receive FSD this year, Tesla Korea’s fleet could very well become the country’s most advanced vehicles overnight.
Infrastructure growth remains a priority to support Tesla Korea’s expanding fleet. Tesla Korea’s Supercharger network currently includes 166 sites with 1,133 stalls, with V4 units planned for nationwide highway rest areas to boost long-distance travel. The company also operates seven stores and 15 service centers, though plans are underway to double both by 2027. A new store in Incheon’s Songdo district is scheduled to open by December 2025, enhancing accessibility for western Seoul-area customers.
Seo concluded, “Through all-encompassing investments spanning products, charging infrastructure, and service networks, Tesla Korea will deliver the most refined electric vehicle experience to Korean customers.”
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Tesla China delivery centers packed as Q4 2025 enters its final month
Fresh photos from delivery centers in the country show rows upon rows of Model Ys and Model 3s.
Tesla’s delivery centers in China are filled with vehicles as the company ramps up for its final push in Q4 2025. Fresh photos from delivery centers in the country show rows upon rows of Model Ys and Model 3s, signaling strong end-of-quarter momentum.
A delivery push for Q4 2025
A recent aerial shot from a Tesla delivery center in China captures the company’s efforts to deliver as many vehicles as possible as the year comes to a close. As could be seen in the image, which was posted by on X by Tesla enthusiast Nic Cruz Patane, the facility was filled with numerous Model Y and Model 3 units, each vehicle seemingly ready to be handed over to customers.
Echoing the scene, another post, reportedly from two weeks prior, showed a similar scene in a Shanghai location, which was packed with Model Y units. X user Roberto Nores shared the photo, noting that the image also shows multiple Model Y Ls, a six-seat extended wheelbase version of the popular all-electric crossover.
Towards a strong Q4 finish
China remains Tesla’s volume powerhouse, accounting for a good portion of the company’s global deliveries in recent quarters. That being said, reports did emerge in early November stating that the company only reached 26,006 retail sales during October, as noted in a CNEV Post report. The reasons for this remain to be seen, though a focus on exports could have been a contributing factor.
Tesla China does seem to be hinting at some momentum this November. Just recently, Tesla watchers observed that the order page for the Model Y in China shows a message informing customers that those who wish to guarantee delivery by the end of the year should purchase an inventory unit. This was despite the Model Y RWD and Model Y L showing an estimated delivery timeline of 4-8 weeks, and the Model Y Long Range RWD and Model Y Long Range AWD showing 4-13 weeks.
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Elon Musk shares SpaceX’s directive that destroys a prevalent media narrative
Tesla Cybertruck welcomed with open arms in South Korea
