California subsidies edge Tesla out as SpaceX absorbs xAI into SpaceXAI and Europe expands Giga Berlin battery output
TL;DR Summary
California's new $135 million EV incentive with a $50,000 cap and a state-manufacturer exemption tilts eligibility toward Rivian and Lucid, sidelining Tesla; SpaceX completes the absorption of xAI, rebranding as SpaceXAI to pursue orbital AI compute centers; Tesla counters with the JUNI x Tesla Battery Cell Giga Challenge in Europe, inviting startups to bring working battery-prototyping solutions to Gigafactory Berlin, backed by a $250 million investment to scale 4680-cell production to 18 GWh and create about 1,500 jobs.
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