Tesla Model Y L: A New Three-Row Era Begins, But SpaceX Drama Steals the Spotlight
Tesla has officially unveiled the Model Y L, a three-row variant designed to deliver genuine third-row comfort—a feature that was once the Model X’s primary advantage. Priced at $61,990 for the Launch Series, the Model Y L undercuts the Model X but sits above Tesla’s own Model Y Performance and both of its main three-row EV rivals. Expected to be built at Gigafactory Texas and go on sale in the U.S. before the end of 2026, this new variant may quietly signal the beginning of the end for the Model X as a mainstream option. However, the Model Y L’s arrival is overshadowed by a wave of SpaceX-related news that has captured Wall Street’s attention.nnThursday marked the first major lockup expiration since SpaceX’s June IPO, releasing roughly 911 million shares into the market. The event was notable not just for its scale, but for the warnings issued by CEO Elon Musk. In the weeks leading up to the lockup, Musk took to X to caution short sellers, stating that “the survival probability of firms who maintain a significant short position in SpaceX over time is very low,” and followed up on the morning of earnings with “I try to warn them, but they just double down.” This echoes Tesla’s early struggles, where Musk’s confrontations with short sellers became legendary. The setup made the outcome notable, as SpaceX shares faced significant pressure.nnWall Street remains divided on SpaceX’s aggressive spending, with some viewing it as essential infrastructure for future growth, while others question whether it’s outrunning what the business can currently support. This debate has been tracked by Teslarati since shares first came under pressure. The job of managing these expectations is unglamorous but critical, as the company navigates the post-IPO landscape. Meanwhile, the Model Y L’s launch comes with a key qualifier: its Full Self-Driving (FSD) Supervised system is a Level 2 driver-assistance feature, not full autonomy. This distinction is important for consumers considering the vehicle’s advanced tech.nnAs Tesla expands its lineup with the Model Y L, the company is also managing the complexities of SpaceX’s public market debut. The juxtaposition of these events highlights the intertwined nature of Musk’s ventures. For investors
Shimanta Das 
