Key Takeaways Tesla is launching a robotaxi service in Austin, Texas, on June 12, but with significant limitations. Initially, only “ten or 20 vehicles” with human safety drivers will operate during the rollout’s first day, as noted by CEO Elon Musk. Tesla is trying to block the release of public communications related to the robotaxi…
Key Takeaways Milan Kovac, head of Tesla’s Optimus robot program, is leaving the company after 9 years for personal reasons. CEO Elon Musk has claimed that the Optimus robot could elevate Tesla to a $25 trillion company, a statement skeptically viewed by experts. Current estimates suggest the humanoid robot market is only worth low single-digit…
Key Takeaways Trump is looking to sell his red Tesla Model S, which he had publicized in a prior ad with Elon Musk. A previously friendly relationship between Trump and Musk has soured, leading to a public spat and Trump’s decision to part with the Tesla. Tesla’s sales have been struggling, partly due to Musk’s…
Key Takeaways Tesla introduces a new feature aimed at drivers in colder climates. Tesla vehicles frequently receive over-the-air software updates for improvements and feature additions. The latest update enhances the heated steering wheel system for better performance. The heated steering wheel now heats based on cabin temperature even when climate control is set manually. All…
Key Takeaways 🚗 Tesla has reached a milestone of producing 8 million cars globally. 🏭 The 8 millionth car, an Ultra Red Model Y, was produced at Gigafactory Berlin. ⏳ This achievement comes just eight months after hitting 7 million cars at the Fremont Factory. 📉 Despite media claims of low demand, Tesla produced 1…
Key Takeaways Signs of a possible détente are emerging between Trump and Musk after a bitter feud. Trump expressed a nonchalant attitude during an interview despite ongoing tensions with Musk. White House aides are actively working to cool down the conflict, setting up a call with Musk. Bill Ackman, a hedge fund manager, voiced support…
Key Takeaways Goldman Sachs lowers Tesla’s price target to $285 from $295, maintaining a Neutral rating. Tesla’s sales performance is declining across key markets, including the U.S., Europe, and China. U.S. deliveries fell mid-teens year-over-year, while Europe saw a 50% drop in registrations in April. Goldman Sachs projects Q2 deliveries to be between 335,000 and…
Key Takeaways Axiom’s Ax-4 mission, scheduled for June 10, will launch an international crew to the ISS aboard a SpaceX Dragon spacecraft. Commander Peggy Whitson leads a culturally diverse crew, including astronauts from India, Poland, and Hungary, marking a historic moment for their countries. The mission will involve 60 scientific studies from 31 countries, focusing…
Key Takeaways Tesla introduces a feature to stop charging on third-party chargers for Model 3 and Model Y owners. Unlocking the charging cable now requires holding the rear left door handle for three seconds. The feature is designed for convenience when using adapters like J1772 that lack an unlatch button. Vehicle needs to be unlocked…
Key Takeaways Tesla stock dropped 14% following Trump’s threats to revoke government contracts for Musk’s companies. The decline resulted in a $152 billion loss in Tesla’s market cap, falling below the $1 trillion mark. Trump accused Musk of going “crazy” and commented on their previously good relationship, which may now be strained. Musk defended his…