Curated news for Tesla owners — FSD, Cybertruck, EV market, and more. Updated weekly.
SpaceX (SPCX) debuted on Nasdaq in the largest IPO in history, raising $75 billion — more than double Saudi Aramco's 2019 record. Shares surged ~20% on day one. Musk rang the opening bell and retains 82% voting control. Wall Street rolled out the red carpet with Starship displays and rocket-themed celebrations.
Tesla's unsupervised robotaxi service now covers the entire Austin metropolitan area, nearly one year after launch. But Barclays notes the fleet has shrunk to ~20 vehicles vs. Waymo's 250+. Meanwhile, Tesla registrations in France jumped 655% in May, signaling strong European recovery.
Tesla's first batch of used 2024 Foundation Series Cybertrucks — priced from $67,000 with free FSD and Supercharging — sold out within hours. FSD v14.3.4 delivers Actually Smart Summon to Cybertruck for the first time, plus a 20% faster neural network via new AI compiler.
Elon Musk announced the AI6 chip design review went exceptionally well, claiming it might set a record for wafer-level usable intelligence. Tesla has partnered with Samsung in a $16.5 billion fabrication deal at Samsung's new Texas plant. AI5 is taped out for late 2027; AI6 targets H2 2028.
JPMorgan replaced its long-time bear analyst Ryan Brinkman ($145 target) with Rajat Gupta, who immediately tripled the price target to $475. Gupta cited Tesla's vertically integrated model, Robotaxi network, Optimus robots, and AI chip business — estimating a combined $3.9 trillion TAM over the next decade.
The US EV market hit an all-time monthly record in May 2026 with approximately 85,000 units sold — despite the Trump administration removing the $7,500 federal EV tax credit earlier this year. The average EV transaction price fell to $54,532, a 4% year-over-year decline.
Tesla confirmed the Cybertruck will soon receive Actually Smart Summon — allowing the angular electric truck to autonomously navigate parking lots and short distances to meet its owner. This is a major software milestone for Tesla's most polarizing vehicle.
The latest Full Self-Driving v13 software update is reaching a wider fleet of Tesla vehicles. Early testers report significantly smoother lane changes, better intersection handling, and improved recognition of road debris and construction zones.
Polymarket bettors now see a 24% chance of a SpaceX-Tesla merger in 2026 and 53% by May 2027, with over $560,000 wagered. Jamie Dimon called Musk "the Edison of our time" at a JPMorgan SpaceX IPO event, while investors predict retail Tesla selling as shareholders raise cash for SpaceX shares.
Tesla is shutting down Model S and Model X production at Fremont to repurpose the factory for Optimus Gen 3 humanoid robot production. Manufacturing begins late July 2026, with a $685M order for ~180,000 units. Optimus Gen 3 is already working inside Tesla factories.
Tesla has begun initial production of its affordable EV. Musk confirmed "It's just a Model Y" — a stripped-down variant targeting under $30,000. The Cybercab platform serves as the foundation for a future Model 2. Mass production ramps in H2 2026.
SpaceX's S-1 filing reveals plans for up to 1 million AI-capable satellites forming an orbital computing grid. Starlink already serves 4+ million subscribers across 70+ countries, generating $12B in 2025. Future Teslas could get global always-on connectivity.