Tesla's new electric Semi truck, launched in Nevada, has received over 1,200 California HVIP vouchers worth $172 million, cutting $120,000 off its price. Despite Elon Musk's public criticism of California's regulations and subsidies, the state's generous incentives and large trucking market are crucial for Tesla's Semi sales. California's subsidies, funded by pollution credits and clean fuel programs, make the Semi more affordable than used diesel trucks, especially amid rising diesel prices. Tesla plans to expand charging infrastructure and sees California as a key early market, with additional funding expected to further support electric truck adoption.
The National Transportation Safety Board (NTSB) reported that a Tesla driver pressed the accelerator pedal to 100%, overriding the Full Self-Driving (FSD) software, before crashing into a house in Katy, Texas, killing a resident. The Tesla was travel...
Google has announced its biggest solar power and battery storage purchase, investing in a project in Arkansas that will generate enough electricity to meet about 6% of the state's peak demand. The project, developed with Cypress Creek Energy, will ad...
Deutsche Bank reaffirmed its Buy rating on Tesla stock, setting a 12-month price target of $465, implying a 17% upside. The bank highlighted Tesla's long-term growth potential driven by autonomy, robotics, and AI, despite expecting Q2 earnings per sh...
The global hybrid robots market is projected to grow from $5.68 billion in 2026 to $10.03 billion by 2030, with a CAGR of 15.3%. Growth is fueled by advances in AI, autonomous operations, and smart manufacturing, alongside rising demand for robots in...
Tesla reported record vehicle deliveries in Q2 2026, but demand quality is weakening due to heavy discounts and lower average selling prices. Despite strong revenue growth, Tesla is expected to have negative free cash flow in 2026–2027 as capital spe...
