

News
SpaceX Crew Dragon spacecraft sails home after flawless in-flight abort test
SpaceX’s newest Crew Dragon spacecraft has successfully returned to port aboard one of the company’s dedicated recovery vessels, neatly wrapping up what appears to have been a completely flawless in-flight abort (IFA) test.
Designed to prove that Crew Dragon can safely escape a failing Falcon 9 rocket at essentially any point from the launch pad to orbit, SpaceX voluntarily chose to perform a full-fidelity IFA test – something NASA left up to both it and Boeing. Boeing instead decided to extrapolate from a pad abort test – which SpaceX completed in 2015 – and a presumably large number of digital simulations to verify that Starliner would survive an in-flight abort.
To be clear, NASA is explicitly okay with this, but space agency officials did not shy away from openly embracing the superiority of integrated flight testing at several points both before, during, and after SpaceX’s second Crew Dragon launch. Although it will almost certainly remain (publicly) unsaid, there should be little doubt that for astronauts scheduled to fly on either Crew Dragon and Starliner, the successful completion of in-flight abort and pad abort tests almost certainly engenders at least a little more confidence in the vehicle they will be entrusting their lives to.
It’s worth noting that although NASA argues – perhaps soundly – that digital modeling, a pad abort test, and an orbital flight test are enough to determine whether any given spacecraft is safe enough to launch US astronauts, the unspoken reality – or at least a large part of it – is that cost is a major concern. At this point in time, NASA’s Commercial Crew Program (CCP) contracts are expected to cost a total of $3.1B for SpaceX and $5.1B for Boeing – both including at least four total orbital launches of their respective spacecraft.
In simpler terms, despite the fact that SpaceX has received a full $2 billion (~40%) less than Boeing to accomplish the same tasks in the same time, SpaceX’s Crew Dragon completed a flawless orbital launch debut and space station rendezvous with Crew Dragon almost 10 months before Boeing’s Starliner suffered a serious partial failure in space. Simultaneously, for $2 billion less, SpaceX has now given NASA a seemingly flawless full-up in-flight abort test of Crew Dragon before the space agency will fully entrust the spacecraft with the safety of its astronauts.
In the last 10 or so weeks, Boeing has thus suffered a minor Starliner parachute failure, a far more concerning spacecraft failure during its first orbital flight test (OFT), has no plans to perform an in-flight abort test, and nevertheless still wants Starliner’s next launch to carry NASA astronauts.
A clear path ahead
SpaceX, on the other hand, has now completed two seemingly-flawless integrated launches of Crew Dragon on a Falcon 9 rocket – one of which successfully rendezvoused with the ISS and returned to Earth; the other of which has now proven that Crew Dragon can whisk astronauts to safety from a failing supersonic rocket. SpaceX says it will carefully inspect capsule C205 and eventually refurbish the spacecraft, although it’s entirely unclear what kind of mission the company could foreseeably reuse it on in the near future.
Speaking shortly after Crew Dragon’s second flawless launch, SpaceX CEO Elon Musk said that he had spoken with NASA administrator Jim Bridenstine just prior to the post-launch press conference and together came up with a response to the most obvious question: when will SpaceX fly astronauts? In short, Musk was almost certain that all the hardware needed for the Demo-2 astronaut test flight – Falcon 9 booster, F9 upper stage, Crew Dragon capsule C206, and a Dragon trunk – will be completed, tested, and delivered to Cape Canaveral by late-February 2020.
If everything goes exactly as planned, NASA – prior to launch – indicated that an early-March 2020 launch was actually within reach. After launch, Musk tempered expectations, stating that SpaceX would almost certainly launch its first NASA astronauts sometime in Q2 – perhaps as early as April. Regardless, it looks like we wont have to wait more than a few months to find out.
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Elon Musk
Tesla analysts believe Musk and Trump feud will pass
Tesla CEO Elon Musk and U.S. President Donald Trump’s feud shall pass, several bulls say.

Tesla analysts are breaking down the current feud between CEO Elon Musk and U.S. President Donald Trump, as the two continue to disagree on the “Big Beautiful Bill” and its impact on the country’s national debt.
Musk, who headed the Department of Government Efficiency (DOGE) under the Trump Administration, left his post in May. Soon thereafter, he and President Trump entered a very public and verbal disagreement, where things turned sour. They reconciled to an extent, and things seemed to be in the past.
However, the second disagreement between the two started on Monday, as Musk continued to push back on the “Big Beautiful Bill” that the Trump administration is attempting to sign into law. It would, by Musk’s estimation, increase spending and reverse the work DOGE did to trim the deficit.
Every member of Congress who campaigned on reducing government spending and then immediately voted for the biggest debt increase in history should hang their head in shame!
And they will lose their primary next year if it is the last thing I do on this Earth.
— Elon Musk (@elonmusk) June 30, 2025
President Trump has hinted that DOGE could be “the monster” that “eats Elon,” threatening to end the subsidies that SpaceX and Tesla receive. Musk has not been opposed to ending government subsidies for companies, including his own, as long as they are all abolished.
How Tesla could benefit from the ‘Big Beautiful Bill’ that axes EV subsidies
Despite this contentious back-and-forth between the two, analysts are sharing their opinions now, and a few of the more bullish Tesla observers are convinced that this feud will pass, Trump and Musk will resolve their differences as they have before, and things will return to normal.
ARK Invest’s Cathie Wood said this morning that the feud between Musk and Trump is another example of “this too shall pass:”
BREAKING: CATHIE WOOD SAYS — ELON AND TRUMP FEUD “WILL PASS” 👀 $TSLA
She remains bullish ! pic.twitter.com/w5rW2gfCkx
— TheSonOfWalkley (@TheSonOfWalkley) July 1, 2025
Additionally, Wedbush’s Dan Ives, in a note to investors this morning, said that the situation “will settle:”
“We believe this situation will settle and at the end of the day Musk needs Trump and Trump needs Musk given the AI Arms Race going on between the US and China. The jabs between Musk and Trump will continue as the Budget rolls through Congress but Tesla investors want Musk to focus on driving Tesla and stop this political angle…which has turned into a life of its own in a roller coaster ride since the November elections.”
Tesla shares are down about 5 percent at 3:10 p.m. on the East Coast.
Elon Musk
Tesla scrambles after Musk sidekick exit, CEO takes over sales
Tesla CEO Elon Musk is reportedly overseeing sales in North America and Europe, Bloomberg reports.

Tesla scrambled its executives around following the exit of CEO Elon Musk’s sidekick last week, Omead Afshar. Afshar was relieved of his duties as Head of Sales for both North America and Europe.
Bloomberg is reporting that Musk is now overseeing both regions for sales, according to sources familiar with the matter. Afshar left the company last week, likely due to slow sales in both markets, ending a seven-year term with the electric automaker.
Tesla’s Omead Afshar, known as Elon Musk’s right-hand man, leaves company: reports
Afshar was promoted to the role late last year as Musk was becoming more involved in the road to the White House with President Donald Trump.
Afshar, whose LinkedIn account stated he was working within the “Office of the CEO,” was known as Musk’s right-hand man for years.
Additionally, Tom Zhu, currently the Senior Vice President of Automotive at Tesla, will oversee sales in Asia, according to the report.
It is a scramble by Tesla to get the company’s proven executives over the pain points the automaker has found halfway through the year. Sales are looking to be close to the 1.8 million vehicles the company delivered in both of the past two years.
Tesla is pivoting to pay more attention to the struggling automotive sales that it has felt over the past six months. Although it is still performing well and is the best-selling EV maker by a long way, it is struggling to find growth despite redesigning its vehicles and launching new tech and improvements within them.
The company is also looking to focus more on its deployment of autonomous tech, especially as it recently launched its Robotaxi platform in Austin just over a week ago.
However, while this is the long-term catalyst for Tesla, sales still need some work, and it appears the company’s strategy is to put its biggest guns on its biggest problems.
News
Tesla upgrades Model 3 and Model Y in China, hikes price for long-range sedan
Tesla’s long-range Model 3 now comes with a higher CLTC-rated range of 753 km (468 miles).

Tesla has rolled out a series of quiet upgrades to its Model 3 and Model Y in China, enhancing range and performance for long-range variants. The updates come with a price hike for the Model 3 Long Range All-Wheel Drive, which now costs RMB 285,500 (about $39,300), up RMB 10,000 ($1,400) from the previous price.
Model 3 gets acceleration boost, extended range
Tesla’s long-range Model 3 now comes with a higher CLTC-rated range of 753 km (468 miles), up from 713 km (443 miles), and a faster 0–100 km/h acceleration time of 3.8 seconds, down from 4.4 seconds. These changes suggest that Tesla has bundled the previously optional Acceleration Boost for the Model 3, once priced at RMB 14,100 ($1,968), as a standard feature.
Delivery wait times for the long-range Model 3 have also been shortened, from 3–5 weeks to just 1–3 weeks, as per CNEV Post. No changes were made to the entry-level RWD or Performance versions, which retain their RMB 235,500 and RMB 339,500 price points, respectively. Wait times for those trims also remain at 1–3 weeks and 8–10 weeks.
Model Y range increases, pricing holds steady
The Model Y Long Range has also seen its CLTC-rated range increase from 719 km (447 miles) to 750 km (466 miles), though its price remains unchanged at RMB 313,500 ($43,759). The model maintains a 0–100 km/h time of 4.3 seconds.
Tesla also updated delivery times for the Model Y lineup. The Long Range variant now shows a wait time of 1–3 weeks, an improvement from the previous 3–5 weeks. The entry-level RWD version maintained its starting price of RMB 263,500, though its delivery window is now shorter at 2–4 weeks.
Tesla continues to offer several purchase incentives in China, including an RMB 8,000 discount for select paint options, an RMB 8,000 insurance subsidy, and five years of interest-free financing for eligible variants.
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