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Tesla

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EV Demand Rebounds, Signaling Stabilization After Tax Credit Phase-Out
business19 hours ago

EV Demand Rebounds, Signaling Stabilization After Tax Credit Phase-Out

Cox Automotive data show U.S. EV sales rose 14.2% quarter-over-quarter to 247,226 in Q2 2026—the strongest quarter since the federal EV tax credit expired—though they remain about 20.5% lower year-over-year; Tesla led with 124,800 deliveries, Toyota posted a 225% YoY surge amid a refreshed lineup, and automakers are pushing more affordable EVs as charging networks expand and state incentives persist, signaling market stabilization after the post-credit shock.

California subsidies edge Tesla out as SpaceX absorbs xAI into SpaceXAI and Europe expands Giga Berlin battery output
technology1 day ago

California subsidies edge Tesla out as SpaceX absorbs xAI into SpaceXAI and Europe expands Giga Berlin battery output

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.

Musk’s Robot-Driven Roadmap to Moon Bases and Martian Cities
world1 day ago

Musk’s Robot-Driven Roadmap to Moon Bases and Martian Cities

Elon Musk outlines a bold plan to seed space settlements first on the Moon and then Mars, aiming to launch regular missions, use a Moon base as a proving ground, and deploy Tesla Optimus robots to build habitats while a vast satellite network enables AI-powered operations; self-sustaining Martian cities are targeted for 2045–2055, with heavy-lift rockets and orbital refueling as key hurdles.

Tesla expands robotaxi reach to Miami, nudging TSLA higher
business4 days ago

Tesla expands robotaxi reach to Miami, nudging TSLA higher

Tesla shares rose about 1.5% after the company expanded its Full Self-Driving-powered Robotaxi service into parts of Miami, broadening its autonomous mobility network. Initial operations are limited to western/central Miami, with downtown and Miami Beach not yet served, following an earlier deployment in Austin. The move positions Tesla closer to competition with Waymo as it scales in more U.S. markets.

Tesla Caps AI Spending at $200/Week, Excludes Grok
technology7 days ago

Tesla Caps AI Spending at $200/Week, Excludes Grok

Tesla will enforce a $200-per-week cap on employee AI spending starting July 6, requiring sign-off for any overage and excluding beta xAI products. The move follows a push to standardize AI use and tighten security after months of aggressive adoption, and highlights Musk's drive to steer internal AI tooling toward Grok/Composer—though staff have largely favored Claude—while broader corporate trends show similar caps at Uber, Meta, and Walmart.

Tesla’s Q2 Delivery Beat Fueled by Gas, FSD, Pricing and Europe
business7 days ago

Tesla’s Q2 Delivery Beat Fueled by Gas, FSD, Pricing and Europe

Tesla posted a Q2 2026 delivery of 480,126 vehicles (up 25% YoY) with production of 451,758, led by Model 3/Y, beating Wall Street estimates and ending a two-year slide in deliveries. The beat is attributed to four drivers: rising gas prices boosting EV incentive, increased adoption of Full Self-Driving in Europe, strategic pricing with lower-cost Model 3/Y configurations, and a European recovery supported by incentives and exports from Shanghai and Berlin. The result suggests demand outpacing supply and demonstrates Tesla’s resilience even as the US EV tax credit winds down.

Texas Tesla crash leads to manslaughter charge
us-news7 days ago

Texas Tesla crash leads to manslaughter charge

A Texas man, Michael David Butler, 44, has been charged with manslaughter after his Tesla Model 3, allegedly in Full Self-Driving mode, crashed into Martha Avila’s Katy home, killing a 76-year-old grandmother. Butler told investigators he was delivering with DoorDash, had the music on, and later passed out; the car reached 73 mph with no brake applied. Tesla disputes his account, noting Autopilot requires driver attentiveness, while the NHTSA is investigating; bail was set at $150,000 with an ankle monitor, and Avila’s family has filed a wrongful-death suit against Tesla alleging defective self-driving systems.

UK EV Market Surges Toward 30% Share in June as Tesla Recovers
technology7 days ago

UK EV Market Surges Toward 30% Share in June as Tesla Recovers

June BEV registrations in the UK rose 38% to 64,440, lifting electric vehicles to about 29.8% of 215,921 total new car registrations. The market grew 15% year over year, with Tesla up 42% as it regains European footing; BYD also grew but remains behind Tesla in the UK. Higher fuel prices and the ZEV Mandate are driving the shift toward EVs, signaling continued organic demand beyond policy incentives.

Texas Man Charged with Manslaughter After Tesla Crash in Katy
us-news7 days ago

Texas Man Charged with Manslaughter After Tesla Crash in Katy

A Texas man, Michael Butler, 44, is jailed on a manslaughter charge after his Tesla Model 3, reportedly in self-driving mode, crashed into a Katy home and killed a 76-year-old woman; investigators say Butler claimed use of the automation, while federal probes by the NTSB and NHTSA are examining whether the system contributed; Avila’s family has sued Tesla for gross negligence; Butler’s bail is $150,000 and a July 6 court date is planned.

Katy Tesla Crash: Manslaughter Charge Linked to FSD Override in Residential Run
technology7 days ago

Katy Tesla Crash: Manslaughter Charge Linked to FSD Override in Residential Run

Prosecutors charged 44-year-old Michael Butler with manslaughter after his Tesla Model 3, operating under Full Self-Driving, sped through a Katy, Texas neighborhood at about 73 mph and crashed into a home, killing a 76-year-old woman. The charging document alleges Butler overrode FSD to floor the accelerator; investigators also found Google searches suggesting he believed FSD was not aggressive enough. The case, built from vehicle telemetry, dashcam, and phone records, highlights the ongoing tension between driver control and autonomous features, with potential civil liability for Tesla alongside the criminal charge.

Manslaughter charge after Tesla crashes into Texas home
technology8 days ago

Manslaughter charge after Tesla crashes into Texas home

A Texas man, Michael Butler, has been charged with manslaughter after his Tesla Model 3— reportedly with Autopilot engaged—crashed into a Katy, Texas home, killing 76-year-old Martha Avila. Butler, who showed no signs of intoxication, left the roadway and entered the residence at high speed; surveillance video captured the incident. The case is under investigation by local authorities, the National Transportation Safety Board, and the NHTSA, while Avila’s family has filed a wrongful-death lawsuit against Butler and Tesla alleging design defects in Autopilot and Full Self-Driving. Tesla disputes fault, pointing to driver input, and the episode follows prior recalls and ongoing scrutiny of the company’s self-driving systems.

Katy Tesla Crash Sparks Manslaughter Charge
crime8 days ago

Katy Tesla Crash Sparks Manslaughter Charge

A 44-year-old man, Michael David Butler, has been charged with manslaughter after his Tesla Model 3—reported with Autopilot engaged—crashed into a Katy, Texas home, killing 76-year-old Martha Avila. Butler allegedly passed out during a DoorDash delivery and later told investigators the vehicle was on Autopilot; authorities say the car reached about 73 mph with no braking before the crash. Tesla disputes his account. Avila died from injuries sustained in the crash; Butler bailed on $150,000 bond and must wear an ankle monitor. Avila’s family has sued Tesla, alleging negligence.

Tesla Q2 Deliveries Jump 25% on Model 3/Y Demand
business8 days ago

Tesla Q2 Deliveries Jump 25% on Model 3/Y Demand

Tesla reported about 480,000 global vehicle deliveries in Q2 2026, up 25% year over year and ahead of expectations, driven mainly by the Model 3 and Model Y (roughly 468,000 units) with Cybertruck and Model X totaling around 12,000. The company is expanding the Berlin Gigafactory to 7,500 vehicles per week by October, aided by German EV subsidies. Shares fell about 7% after the results, despite the first year-over-year delivery growth in two years.

Tesla Delivers 480k Vehicles in Q2, Beats Estimates by Wide Margin
business8 days ago

Tesla Delivers 480k Vehicles in Q2, Beats Estimates by Wide Margin

Tesla delivered 480,126 vehicles worldwide in Q2, beating estimates of 396,466 and up about 25% from a year earlier as demand strengthens in China and Europe; BYD led global EV sales with 557,090. Tesla plans to spend over $25 billion this year on growth initiatives including Optimus humanoid robots and autonomous Cybercabs, and its energy storage deployments rose to 13.5 GWh last quarter, up 53% from Q1. Shares fluctuated, slipping after an initial gain.