Key Takeaways SpaceX is planning an insider share sale that could boost its valuation to $400 billion. This valuation would set a record for privately-owned companies in the U.S., surpassing SpaceX’s previous $350 billion after a share buyback. The primary fundraising round will involve selling a limited number of new shares and employee shares, influencing…
Key Takeaways Tesla has gathered hundreds of Cybercab castings at Giga Texas, indicating a significant production push. Drone operator Joe Tegtmeyer confirmed the presence of approximately 180 front and 180 rear castings in his recent observations. The Cybercab is expected to start trial production later this year, following the accumulation of castings. The Cybercab will…
Key Takeaways Tesla has launched a massive solar Supercharger station in California with solar canopies and Megapack batteries for renewable charging. The station comprises 84 Supercharger stalls out of a planned 168, aiming to enhance electric vehicle charging capabilities. Initial construction of the site took only eight months, completed ahead of the busy Fourth of…
Key Takeaways A Tesla Model Y driver survived a severe accident with only minor injuries. The accident occurred on Monday morning at around 4:34 a.m. on I-5 near Panoche Road. The vehicle was impaled by a guardrail after veering off the road under unknown circumstances. CHP officer Myles Anderson confirmed that no drugs or alcohol…
Key Takeaways Trump calls Musk’s America Party “ridiculous,” viewing it as a distraction from the two-party system. The relationship between Trump and Musk has soured due to policy disagreements, particularly over federal spending. Trump criticized Musk for promoting an “Electric Vehicle Mandate,” emphasizing the need for consumer choice in vehicle options. Musk supports removing EV…
Key Takeaways A new Tesla prototype has sparked speculation that it might be a smaller version of the Model Y or a cheaper alternative. Several sightings of the prototype around Tesla’s Fremont factory have heightened interest among shareholders. CEO Elon Musk canceled plans for cheaper models NV91 and NV92, leading to confusion about Tesla’s affordable…
Key Takeaways Tesla’s Q3 2025 could be a historic quarter, thanks to potential increases in U.S. deliveries. The U.S. House has passed a bill ending the $7,500 EV tax credit on September 30, 2025, encouraging quick EV purchases. The tax credit is available to eligible individuals with certain income limitations, potentially driving up demand for…
Key Takeaways Tesla is expanding Full Self-Driving (FSD) testing across Europe, now officially including Spain. Spain is the fifth country where tests are being conducted, following Italy, France, the Netherlands, and Germany. The regulatory landscape in the EU poses challenges for Tesla, with delays in approvals impacting launch timelines. CEO Elon Musk expressed frustration over…
Key Takeaways Tesla’s FSD system is gaining popularity among Chinese drivers for its human-like driving behavior. Users report smooth performance; it adjusts speed based on road conditions and is cautious around pedestrians. A driver shared they experienced zero safety interventions during two months of FSD usage, highlighting its reliability. In contrast, Huawei’s ADS struggled with…
Key Takeaways Tesla is expanding Robotaxi access beyond the initial small group in Austin. Many Austin-area residents are receiving invitations to test the driverless ride-hailing service. The Early Access Program is now inviting more locals to provide stable data for the platform. Interested users can fill out a form on Tesla’s website to get access…