Investor's Corner
Tesla (TSLA) shares snatched up by ARK after Battery Day: “It’s going to be hard to catch up”
Tesla (NASDAQ: TSLA) Battery Day did not have the fancy frills or dramatic music that other company events have used in the past, but it did have a clear-cut message: cell costs are decreasing, and Tesla’s lead is expanding. The event gave ARK Invest enough of a reason to load up on more shares of the electric automaker’s stock, and the company’s analysts are convinced that other manufacturers will have an extreme issue with Tesla’s dominance in the sector for years to come.
After Battery Day concluded and the next trading day began, ARK purchased over 166,000 shares of Tesla stock, according to an email that details its most recent trades.
Surprisingly, TSLA stock dipped considerably after Battery Day based on the fact that the company’s released details about an improved cell manufacturing process would be a long-term project and would likely take anywhere from 1 to 3 years to take effect. Interestingly, the company’s release of a 4680 battery cell, which improves power, range, and cost, was not enough to convince Wall Street to boost the stock’s price.
Wow, @ARKInvest just added a lot more $TSLA. Their track record in these “buy the dip” opportunities is impeccable. pic.twitter.com/xYIDVuMZYJ
— Matt Smith (@MatchasmMatt) September 23, 2020
However, ARK, along with other financial firms, saw the dip as an opportunity to purchase even more holdings than before. Tesla’s new tech gives ARK the indication that no car companies will have the chance to catch up, simply because they’re too far behind in battery and EV tech development.
Tasha Keeney of ARK appeared on Bloomberg to discuss Tesla’s developments.
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“Tesla is changing the way that the electric vehicle industry works,” Keeney said. “For any traditional automaker to catch up to Tesla now, it seems almost impossible. This $25,000 car that will probably have even greater range than previous models, maybe 400 miles, let’s say. I mean, what are you going to do if you’re a traditional OEM, and you’re still struggling to get your electric vehicle program together?”
“It’s just going to be so hard to catch up to them at this point,” she added.
The proof is in the pudding, and ARK increased their holdings substantially following the Battery Day announcements. But the dip in price came to Keeney’s surprise.
“People are talking about the fact that the event lacked ‘sizzle.’ You know, that is something that I’m surprised to hear.”
Some don’t understand the long-term implications of a more efficient battery cell, along with the fact that Tesla is making the cell itself. Not only will the cell be more powerful, but it will also significantly reduce costs, bringing the price of the company’s vehicles down.
Once the manufacturing of the new cells is increased, the costs associated with developing a battery will decrease, and electric vehicles will be widely available because they will be more affordable to more people.
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Battery Day didn’t have all the bells and whistles, but it did have a message to OEMs and ICE manufacturers: Your time is coming to an end.
Disclaimer: Joey Klender is a TSLA shareholder.
Elon Musk
Tesla AI boss reveals how big Optimus is going to get
Tesla’s Optimus chief corrected himself on X, confirming a staggering 10 million robot production target.
![Tesla Optimus Gen 3 [Credit: Tesla]](https://www.teslarati.com/wp-content/uploads/2026/03/tesla-optimus-gen3-diner.jpg)
Tesla’s Optimus program has a new number attached to it, after Ashok Elluswamy, the executive who has run the humanoid robot program since June 2025, posted a three word correction on X Thursday, “Correction, 10 million robots.”
The line clarifies the long term annual capacity Tesla is building toward its planned second Optimus production line at Gigafactory Texas, a figure Musk has cited repeatedly since last year’s shareholder meeting.
The scale is worth noting, because ten million robots a year would mean Tesla building more units annually than most countries sell in new cars. Tesla has framed this as a second line, not the first. The buildout is happening in two phases: a roughly one million unit per year line inside Tesla’s Fremont factory, installed on the floor space vacated when Model S and Model X production ended earlier this year, and a much larger dedicated facility under construction at Giga Texas that broke ground on its first steel structure in May. That Texas facility is the one Elluswamy’s correction refers to, and is expected to reach volume production sometime in 2027.
Correction, 10 million robots https://t.co/0z4nyQNTzp
— Ashok Elluswamy (@aelluswamy) July 30, 2026
Tesla Optimus project fires up as Musk sees production line progress
Elluswamy took over Optimus from Milan Kovac last summer and has spent the months since talking up the program’s trajectory. Elon Musk has also floated the ten million figure at Tesla’s 2025 shareholder meeting.
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Ending Model S and Model X production to make room for the first Optimus line was one of the more consequential manufacturing decisions in the company’s recent history, retiring two flagship vehicles in favor of a robot that has yet to enter mass production. Musk has previously estimated per unit production costs at $20,000 to $25,000 once Tesla reaches a million units a year, though he hasn’t said what that cost looks like at ten times the volume.
SpaceX just picked up another $1.6 billion from the Pentagon, with the U.S. Space Force awarding two task orders worth $1.6 billion to fly 18 Falcon 9 missions from Vandenberg Space Force Base in California through the end of 2027. The launches will carry satellites for the Space Based Sensing and Targeting portfolio, a set of programs meant to help the military detect and track airborne threats and relay that information across forces in near real time.
The award falls under National Security Space Launch Phase 3 Lane 1, the Space Force’s faster, commercial style procurement track for missions that do not require the military’s most demanding certification process. It is also the largest single order publicly disclosed under that program so far, and the first task order issued since the Space Force nearly tripled Lane 1’s contract ceiling from $5.6 billion to $17 billion on July 17.
SpaceX to become America’s Military data backbone for missiles, drones, and warfighters
Eric Zarybnisky, the Space Force’s acting portfolio acquisition executive for space access, said the entire process, from identifying the requirement to signing the contract, took about two months, including a month set aside for companies to prepare proposals.
SpaceX is not just launching these satellites. It already holds the contracts to build two of the programs within the same portfolio, $4.16 billion for the Space Based Airborne Moving Target Indicator system and $2.29 billion for the Space Data Network Backbone, which Teslarati covered in May. That means SpaceX is now responsible for both building key pieces of the military’s next generation sensing network and getting them into orbit.
With this latest award, SpaceX’s Pentagon contract total for 2026 alone tops $8 billion, adding to a defense portfolio that already includes the Golden Dome missile defense software group SpaceX joined in April and a string of GPS launches it inherited after ULA’s Vulcan rocket ran into a booster anomaly, which we detailed in March.
Lane 1’s vendor pool technically includes seven companies: SpaceX, ULA, Blue Origin, Rocket Lab, Stoke Space, Impulse Space, and Relativity Space. In practice, SpaceX remains the only provider with the combination of launch cadence, flight proven Falcon 9 hardware, and West Coast infrastructure to support a campaign requiring roughly one Vandenberg launch a month for the next year and a half.
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Some lawmakers have flagged the growing concentration of national security launches with one company as a risk worth watching. For now, the Space Force keeps backing SpaceX, with it being the company that shows up ready to launch.
SpaceX (NASDAQ: SPCX) got an absolutely crazy price target rating from Raymond James after the company experienced a tough first few weeks following its Initial Public Offering (IPO).
Despite the tumultuous start, SpaceX has plenty of believers, and the company’s massively successful Starship launch last Friday, its 13th test flight of the massive rocket, went so smoothly that Raymond James analysts pushed its price target on the company to roughly 7 times its current trading level.
SpaceX Starship just nailed something it’s never done before
The firm officially put a “Strong Buy” rating and an $800 price target on the stock. It currently trades at around $113. Its all-time high is $225.64, reaching this trading level shortly after shares first went public.
Raymond James’ price target is tied to the firm’s confidence after Starship’s 13th test flight. Analysts at the firm said it was an incremental step that reduces engineering risks, citing the widely successful heat shield test that CEO Elon Musk recently detailed, the smooth deployment of Starlink V3 satellites, and a successful in-space engine relight.
SpaceX also managed to see Starship splash down safely in the Indian Ocean, while the Super Heavy Booster fell down to the Gulf of America with no incidents.
It is interesting to see these launches have such a tremendous impact on the stock and what investors think of it. After SpaceX initially delayed the Starship launch last week, shares fell tremendously. Most probably did not realize that the stand-down is a standard practice, especially if everything is not perfect.
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The mission was initially aborted due to an issue with Raptor engines. This was resolved, and Starship launched last Friday after another delay on Thursday, which was caused by weather.
Now that analysts have seen what SpaceX launches are capable of and how impressive the feat is, firms are adjusting their price targets accordingly, making it known that they have high expectations for the space exploration company.
![Tesla Optimus Gen 3 [Credit: Tesla]](https://www.teslarati.com/wp-content/uploads/2026/03/tesla-optimus-gen3-diner-80x80.jpg)
Tesla AI boss reveals how big Optimus is going to get
Autonomous vehicle red tape gets slashed by Trump Administration
