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Tesla’s 62-stall Supercharger project in Santa Monica gains new momentum
Tesla’s 62-stall V3 Supercharger project will be a topic of discussion at this evening’s Santa Monica City Council meeting. The site of 1401 and 1421-1425 Santa Monica Boulevard was originally the planned location of Tesla’s largest V3 Supercharging station in the world. However, an Emergency Interim Zone Ordinance delayed the project. A Santa Monica City Council agenda for the March 30th meeting shows there could be a reconsideration in the Emergency Ordinance for the two lots where Tesla planned to install 62 of its fastest electric car chargers. The ordinance temporarily reserved the area for affordable housing.
On March 4th, the Santa Monica City Council chose to approve the 62-stall Tesla Supercharging station. Just days later, the City Council included the two lots that Tesla had chosen in an Emergency Interim Zoning Ordinance that reserved the land for condos and apartments. It didn’t scrap the project completely, but it would delay the Supercharging facility for a minimum of 45 days and could be extended to two years. The March 9th meeting effectively reserved unoccupied lots for prospective housing development. Tesla’s lot fit the bill, and the project lost its momentum.
Tesla’s largest V3 Supercharger facility is coming to Santa Monica
Now, revisions have been made to the Santa Monica City Council’s plan, and new areas are being considered for the affordable housing push. According to the Agenda available on the Santa Monica City Council website, the updates will be discussed at tonight’s meeting.
Instead of having housing be introduced in previously chosen areas, the City Council is now considering new regions of Santa Monica. In particular, regions that have not been used for affordable housing in the past are being considered heavily. This bodes well for Tesla’s Supercharger project on Santa Monica Boulevard because some of the listed areas in the Update show that housing could be pushed further north, several blocks away from the planned area for the V3 Supercharger lot.
The Update says:
“In order to take steps towards addressing Santa Monica’s past history of housing segregation, the Commission supported introducing housing potential, particularly affordable housing, in areas that have historically not accommodated housing, such as Montana Avenue, the Office Campus zone, and Main Street, especially on city-owned properties such as surface parking lots.”
Montana Avenue runs nearly a mile north of Santa Monica Boulevard, just south of the wealthy Brentwood neighborhood. Main Street runs along the coastline of Santa Monica and is perpendicular to Santa Monica Boulevard. The Office Campus Zone is located in several different areas, and all are several miles East of Tesla’s proposed Supercharger location.
The highlighted areas are being considered for Affordable Housing locations. Tesla’s planned V3 Supercharger location is denoted by the Tesla logo and red dot. (Map: Santa Monica Community Development Department)
The City Council was also not supportive of introducing new housing potential in the Industrial Conservation Zone. This is denoted by the dark grey areas located about two blocks south of the planned Supercharger project. Several concerns, including historic racial inequities, existing overconcentration of affordable housing in proximity to the area, and “the need to ensure the City’s economic sustainability by retaining former industrial properties for businesses” make the area ideal for market-rate housing, but not affordable housing. Because of the Supercharger location’s proximity to the area, this bodes well for Tesla’s project, as affordable housing is already available in plentiful amounts and the City Council is more interested in moving housing opportunities to the highlighted areas.
The Update does mention that the “Commission was supportive of increasing housing potential on vacant parking lots associated with commercial uses,” but there are plenty of lots that fit those specifications in Santa Monica.
The Santa Monica City Council will hold a meeting tonight at 5:30 PM PST to discuss the new recommendations. The meeting could bring new momentum to Tesla’s Santa Monica Supercharger project if the area it has chosen is exempt from the Emergency Interim Zoning Ordinance.
The Update to the Santa Monica City Council’s Housing Recommendations is available below.
Santa Monica City Council Update by Joey Klender on Scribd
Tesla analyst Gary Black of The Future Fund claims that the company is making a big mistake getting rid of the Model S and Model X. Instead, he believes another vehicle within the company’s lineup should be discontinued: the Cybertruck.
Black divested The Future Fund from all Tesla holdings last year, but he still covers the stock as an analyst as it falls in the technology and autonomy sectors, which he covers.
In a new comment on Thursday, Black said the Cybertruck should be the vehicle Tesla gets rid of due to the negatives it has drawn to the company.
The Cybertruck is also selling in an underwhelming fashion considering the production capacity Tesla has set aside for it. It’s worth noting it is still the best-selling electric pickup on the market, and it has outlasted other EV truck projects as other manufacturers are receding their efforts.
Black said:
“IMHO it’s a mistake to keep Tesla Cybertruck which has negative brand equity and sold 10,000 units last year, and discontinue S/X which have strong repeat brand loyalty and together sold 30K units and are highly profitable. Why not discontinue CT and covert S/X to be fully autonomous?”
IMHO it’s a mistake to keep $TSLA Cybertruck which has negative brand equity and sold 10,000 units last year, and discontinue S/X which have strong repeat brand loyalty and together sold 30K units and are highly profitable. Why not discontinue CT and covert S/X to be fully…
— Gary Black (@garyblack00) January 29, 2026
On Wednesday, CEO Elon Musk confirmed that Tesla planned to transition Model S and Model X production lines at the Fremont Factory to handle manufacturing efforts of the Optimus Gen 3 robot.
Musk said that it was time to wind down the S and X programs “with an honorable discharge,” also noting that the two cars are not major contributors to Tesla’s mission any longer, as its automotive division is more focused on autonomy, which will be handled by Model 3, Model Y, and Cybercab.
Tesla begins Cybertruck deliveries in a new region for the first time
The news has drawn conflicting perspectives, with many Tesla fans upset about the decision, especially as it ends the production of the largest car in the company’s lineup. Tesla’s focus is on smaller ride-sharing vehicles, especially as the vast majority of rides consist of two or fewer passengers.
The S and X do not fit in these plans.
Nevertheless, the Cybertruck fits in Tesla’s future plans. Musk said the pickup will be needed for the transportation of local goods. Musk also said Cybertruck would be transitioned to an autonomous line.
In a groundbreaking new report from Reuters, SpaceX is reportedly discussing merger possibilities with xAI ahead of the space exploration company’s plans to IPO later this year, in what would be a blockbuster move.
The outlet said it would combine rockets and Starlink satellites, as well as the X social media platform and AI project Grok under one roof. The report cites “a person briefed on the matter and two recent company filings seen by Reuters.”
Musk, nor SpaceX or xAI, have commented on the report, so, as of now, it is unconfirmed.
With that being said, the proposed merger would bring shares of xAI in exchange for shares of SpaceX. Both companies were registered in Nevada to expedite the transaction, according to the report.
On January 21, both entities were registered in Nevada. The report continues:
“One of them, a limited liability company, lists SpaceX and Bret Johnsen, the company’s chief financial officer, as managing members, while the other lists Johnsen as the company’s only officer, the filings show.”
The source also stated that some xAI executives could be given the option to receive cash in lieu of SpaceX stock. No agreement has been reached, nothing has been signed, and the timing and structure, as well as other important details, have not been finalized.
SpaceX is valued at $800 billion and is the most valuable privately held company, while xAI is valued at $230 billion as of November. SpaceX could be going public later this year, as Musk has said as recently as December that the company would offer its stock publicly.
The plans could help move along plans for large-scale data centers in space, something Musk has discussed on several occasions over the past few months.
At the World Economic Forum last week, Musk said:
“It’s a no-brainer for building solar-powered AI data centers in space, because as I mentioned, it’s also very cold in space. The net effect is that the lowest cost place to put AI will be space and that will be true within two to three years, three at the latest.”
He also said on X that “the most important thing in the next 3-4 years is data centers in space.”
If the report is true and the two companies end up coming together, it would not be the first time Musk’s companies have ended up coming together. He used Tesla stock to purchase SolarCity back in 2016. Last year, X became part of xAI in a share swap.
Tesla has announced it has hit a major milestone with Full Self-Driving subscriptions, shortly after it said it would exclusively offer the suite without the option to purchase it outright.
Tesla announced on Wednesday during its Q4 Earnings Call for 2025 that it had officially eclipsed the one million subscription mark for its Full Self-Driving suite. This represented a 38 percent increase year-over-year.
This is up from the roughly 800,000 active subscriptions it reported last year. The company has seen significant increases in FSD adoption over the past few years, as in 2021, it reported just 400,000. In 2022, it was up to 500,000 and, one year later, it had eclipsed 600,000.
NEWS: For the first time, Tesla has revealed how many people are subscribed or have purchased FSD (Supervised).
Active FSD Subscriptions:
• 2025: 1.1 million
• 2024: 800K
• 2023: 600K
• 2022: 500K
• 2021: 400K pic.twitter.com/KVtnyANWcs— Sawyer Merritt (@SawyerMerritt) January 28, 2026
In mid-January, CEO Elon Musk announced that the company would transition away from giving the option to purchase the Full Self-Driving suite outright, opting for the subscription program exclusively.
Musk said on X:
“Tesla will stop selling FSD after Feb 14. FSD will only be available as a monthly subscription thereafter.”
The move intends to streamline the Full Self-Driving purchase option, and gives Tesla more control over its revenue, and closes off the ability to buy it outright for a bargain when Musk has said its value could be close to $100,000 when it reaches full autonomy.
It also caters to Musk’s newest compensation package. One tranche requires Tesla to achieve 10 million active FSD subscriptions, and now that it has reached one million, it is already seeing some growth.
The strategy that Tesla will use to achieve this lofty goal is still under wraps. The most ideal solution would be to offer a less expensive version of the suite, which is not likely considering the company is increasing its capabilities, and it is becoming more robust.
Tesla is shifting FSD to a subscription-only model, confirms Elon Musk
Currently, Tesla’s FSD subscription price is $99 per month, but Musk said this price will increase, which seems counterintuitive to its goal of increasing the take rate. With that being said, it will be interesting to see what Tesla does to navigate growth while offering a robust FSD suite.
Tesla analyst claims another vehicle, not Model S and X, should be discontinued
SpaceX reportedly discussing merger with xAI ahead of blockbuster IPO
