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Thoughts About the Model X from a Model S Owner
Here’s a little story about my journey to becoming a Model X owner. I started my search for a new car roughly two years ago to replace my aging Acura MDX SUV. Gas prices were at an all time high back then and having a monthly expenditure of $600 for transportation was something I could surely do away with. I did my fair share of research on hybrids in hopes I would eventually choose one as a replacement car, but ultimately dismissed them as an alternative due to the complexities of the powertrain. That was until I ran into Tesla and its Model X. The rest was history.
The Model X Promise
I finally narrowed my search among hybrids and EVs to Tesla’s Model X. The Model S was already available for order at the time and the Model X was still coming soon. I’d driven SUVs for the last 14 years and had an affinity towards them. Needing to survive through the New England winters, while living on a farm with an expanding family, naturally skewed my pursuits for a SUV as it seemed to be the right fit for my lifestyle. Although I had already fallen in love with the Model S, I managed to curb any desires to purchase one and waited patiently on the Model X through much of the second half of 2013 and early 2014.
That was until the Model X delivery estimate began to slip from “early 2014” to “late 2014”, and then again to “second quarter 2015” (it would be postponed yet again later on). I eventually got the hint that the Model X wasn’t going to roll off the production line anytime soon. To make matters worse, my aging SUV was surpassing 200K miles and my kid was becoming of driving age and was to receive the hand-me-down SUV.
Full-size bike stored in the back of a Model S
I really wanted the Model X but inevitably I started to think about whether the Model S could satisfy my criteria for a new car, as follows:
- Must have plenty of room for carrying around luggage, sports gear, bikes, farm stuff, etc.
- Something I could drive all year round and has maximum safety
- Must have enough room for seven people
I left off the need to have a towing package on my must-have list because in my seven years and 200k miles of ownership on the Acura MDX, I never used its built-in towing capabilities once. The MDX had more than ample space for bikes, which I would place inside the car, and roof mounted equipment using the roof rack.
I watched countless Bjorn Nyland videos and ones from Tesla, so much that I was thoroughly convinced that the Model S (real wheel drive was the only option at the time) could be driven in the harshest of winter environments.
My thoughts around owning a seven seater started to dissipate. When my daughter was young, I would haul her and a pack of her friends around in a seven passenger vehicle. But as she grew up and no longer needed rides other than for a few close friends and her boyfriend (sigh), having a vehicle to seat seven became less of a requirement.
And for that reason, I forewent my Model X and ordered the Model S instead during March of 2014. That turned out to be one of the best decisions I’ve ever made in life.
Longing for the Model X
Despite being happily committed to my Model S as a relatively new owner, I still couldn’t stop myself from thinking about the Model X and ultimately ended up putting down a reservation for one once the Design Studio became available. I had convinced myself that a SUV is what I really wanted from the get go. Perhaps I’d trade my Model S in for the X but I still had time to figure that out.
I had also justified placing a deposit on the Model X because my wife’s SUV, a ML 350 diesel, was starting to experience a lot of mechanical and maintenance issues despite being only 20K miles old (we bought it used). I figured that the X would serve as a great replacement vehicle because frankly I was sick of maintaining her SUV.
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Finally, Hello Model X
Nearly two years after I was introduced to the Model X online, I finally witnessed its unveiling, along with the rest of the world, via the Model X online test drive videos. The reactions to it seem generally mixed according to friends that attended the Model X launch event. Don’t get me wrong, the Model X is an amazing and transformative vehicle, but to me I felt that I could not obtain much utility from it over what my Model S is already capable of providing.
Sure I’d love to have all wheel drive, autopilot, and being able to open falcon wing doors in tight parking spaces, but even those features aren’t radically different than newer versions of the Model S, less the falcon wing doors.
Model X panoramic windshield
The Model X panoramic windshield is cool although I’m not sure I’d welcome that much sunlight on me while driving. The ‘bio weapon defense mode‘ seems gimmicky to me and a feature that feels cooler to talk about than it would live out in the real world.
The falcon wing doors are amazing and unique but I can’t help but think that its complexity will lead to long term maintenance problems for Tesla. And after all the challenges faced with creating the rad falcon wing doors, they compounded difficulties by creating auto opening front doors. And what about the active rear spoiler? Why is it deployed in all pictures? Will it ever retract?
What surprised me the most during Elon’s 30 minute presentation on the Model X was the amount of time he spent describing the vehicle’s safety rating and air filtration capabilities. Compare this presentation to an Apple product launch event that’s typically packed with detailed specifications and you’re left feeling a bit underwhelmed. Does anyone know the cargo room for the Model X? How wide is it? How tall? How long? What is the max height of the falcon wing doors? Do all the seats fold flat? A car that costs over $132,000 shouldn’t have details as vague as they are.
We caught glimpses of Firmware 7.0 features on the Model X, but there’s still no official word from Tesla that a new interface will be launched with the Model X.
My Future with the Model X
Electric vehicles are the future and Tesla is clearly leading the way in this new vertical. From the Roadster, to the Model S, and to the Model X, Tesla continues to innovate and redefine what an automobile should be like.
While I still have my Model X reservation, I want to know a lot more about it, touch it and maybe even drive it before I decide on the fate of my reservation. Fortunately, my wife’s SUV started behaving as of late, and I’m also very happy with my Model S. Now is probably not the best time for me to pick up a new Model X, but I can easily see a day when all my cars will be electric powered — and made by Tesla.
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In a new note to investors on Tuesday, Morgan Stanley analyst Andrew Percoco said that Tesla has one big financial question to answer for investors regarding its Robotaxi rollout, Full Self-Driving software, and Optimus.
Percoco said in the note that, for the most part, investors are still very positive about the direction the company is headed. However, there are some things the firm would like to see, and they have to do with financials.
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Tesla bulls are more than convinced that the company’s Full Self-Driving software is proof it can develop physical AI. Financially, however, there are still some questions, especially on elevated spending, which CEO Elon Musk said would occur as the company works to roll out Robotaxi faster and continue developing its Optimus robot.
The latter two are where Tesla will have to prove progress to investors, as Percoco writes that both projects “will require clearer evidence that Robotaxi is scaling and more tangible Optimus proof points to support the ROI on elevated capex.”
Percoco said the second quarter earnings call did not change his long-term thesis of where Tesla is positioned in the AI race, which is out in front. However, there are concerns that weaker gross margins and higher R&D spend will stress financials, and that has “sharpened our (and investors’) focus on measurable progress across Robotaxi and Optimus.”
Additionally, Robotaxi still needs to be proven with more operation in existing cities while maintaining safety but improving how many rides it gives in any given time, he said. For Optimus, Percoco wrote that he is “still looking for evidence beyond commentary around SOP.”
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Morgan Stanley put Percoco in charge of covering Tesla after long-time analyst Adam Jonas transitioned to the automotive side.
Currently, Morgan Stanley has a $415 price target on Tesla and a ‘Hold’ rating on the stock. It is trading at around $330 at the time of publication, which was 2:30 P.M. on the East Coast.
SpaceX’s massive investment in AI will make it a big winner, Argus Research said after the company’s successful earnings call last week.
The firm also upgraded shares to a Buy from Hold and set a $160 price target.
SpaceX (NASDAQ: SPCX) is currently recovering from its heavy AI infrastructure investments, as it spent nearly $16 billion in Q2 alone. The company did this primarily by monetizing high-demand GPU compute capacity at a much faster pace than traditional data center economics would suggest.
Company CFO Bret Johnsen said that SpaceX would be able to pay back anything on new deployments within a year.
There are plenty of ways the company can do this:
Leasing excess compute capacity through contracts
SpaceX has already built Colossus and Colossus II, largely for its own model training. However, much of that capacity is already rented out to third parties. It already has major deals with Anthropic, Google, and Reflection AI. These partnerships are adding billions per month to SpaceX’s spreadsheet.
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High utilization driven by industry-wide scarcity
The demand for advanced AI training and inference capacity continues to exceed what is available for use. SpaceX can fill new racks quickly after they come online, so the capital deployed converts into revenue with minimal idle time.
Additionally, management and outside observers have described the new compute capital as behaving more like a cost-of-goods-sold than traditional multi-year capex, especially because of this rapid monetization pattern.
Capacity has already scaled from ~0.4 GW a year to 1.4 GW annually by the end of Q2. There are targets of more than 2 GW by year-end.
High incremental margins on the rental business once capacity is online
GPU cloud providers often operate at strong gross margins. SpaceX can monetize capacity that was already partially built or can be added efficiently. This means that incremental EBITDA margins on the rental revenue are usually high. This accelerates cash recovery relative to the gross capital outlay.
Parallel monetization of its own AI software and applications
Beyond pure infrastructure rental, SpaceX also generates revenue from Grok through subscriptions and usage, from X through ads, data, and other related services, enterprise APIs, and the planned integration of the Cursor coding tools acquisition.
These application layers ride on the same compute infrastructure and provide additional high-margin streams that could offset build-out costs. AI-segment revenue overall rose sharply to about $2.6 billion in Q2, according to Motley Fool. This was driven primarily by the infrastructure contracts, but the software side is also partially responsible.
Efficient, large-scale deployment and vertical integration advantages
SpaceX has emphasized the rapid construction of power and cooling infrastructure and favorable cost-per-megawatt economics relative to industry benchmarks in some disclosures.
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Combined with its ability to scale capacity aggressively and the fact that many contracts start generating revenue within months of capacity coming online, the effective payback compresses dramatically compared with more conventional multi-year data-center projects.
SpaceX’s dominant near-term recovery path will turn the AI clusters into a hyperscale-style compute rental business for other leading AI companies while still using a portion for internal models.
Tesla headlights have caused a recall of over 20,000 of the company’s two most popular vehicles, the Model 3 and Model Y, due to the low-beam bulb exceeding the maximum allowed intensity according to federal standards.
Tesla initiated the recall with the National Highway Traffic Safety Administration (NHTSA) this morning, stating that the low-beam output “exceeds the maximum allowed intensity in the outer upper-right and outer upper-left areas of the 10U and 90U zone, as prescribed in FMVSS No. 108.”
Tesla sourced the impacted headlights from Marelli Automotive Lighting, a Mexico-based company. The recall impacts 2020-2023 Model Y vehicles and 2017-2023 Model 3 vehicles. It is estimated that every VIN in this recall is impacted by the defect.
🚨 Tesla is recalling 20,349 2020-23 Model Y vehicles and 2017-23 Model 3 vehicles due to an excessively bright headlamp low beam.
Currently, there is no remedy plan in place, as it is still being developed. pic.twitter.com/y34cIO2U0B
— TESLARATI (@Teslarati) August 11, 2026
Typically, Tesla would remedy recalls of this nature through an Over-the-Air software update, which has been a major focus of criticism by the company and its supporters because the NHTSA still refers to it as a “recall,” even though it requires no action by the vehicle owner. The fix is shipped over the internet and downloaded to the car.
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However, there appears to be a potentially different solution for this problem. Tesla has not developed a remedy for this issue, so it could potentially be on the way. The big issue appears to be the fact that these recalled lamps are out of production, and this is an old body style for both vehicles. The headlights and front-end designs are completely different.
Tesla switched to another supplier when the affected headlight design was discontinued. It plans to begin notifying owners of their remedy options by September 15.
Tesla filed a petition protesting the recall to fix the vehicles’ headlight issue, but the NHTSA denied it. Now, Tesla will come up with a solution to fix it.
Tesla has one big financial question to answer for investors: Morgan Stanley
SpaceX AI investment gamble will make it a big winner, firm says
