Automaker
Appears in 8 stories
Operating paid driverless service in Texas and Florida; Cybercab production ramping at Giga Texas
In western Miami-Dade County, you can now open an app and ride in a Tesla with nobody in the driver's seat. On July 6, 2026, Tesla began running its Robotaxi service on public Miami streets with no human safety monitor in the car. Tesla shares closed up 6.7% that day — lifted by the Miami launch and a Q2 delivery report that beat analyst estimates by about 18%.
Updated Jul 7
Issuer of the disputed shares; reincorporated in Texas in 2024
In 2018, Tesla's board agreed to pay Musk stock options if he hit a string of growth targets, with a maximum theoretical value of about $56 billion—already the largest CEO pay package ever written. Eight years later, Tesla is actually moving to hand over the shares, now worth more than $100 billion.
Updated May 31
Model S/X production ended April 2026; Fremont line converting to Optimus with production start late July–August; Gen3 reveal delayed to mid-year; no 2026 volume target given
Twelve months ago, a humanoid robot finished Beijing's E-Town half-marathon in 2 hours and 40 minutes. It was the only competitor of twenty that didn't overheat, fall over, or need repairs. On April 20, 2026, a different robot completed the same 21.1-kilometer course in 50 minutes and 26 seconds — faster than any human has ever run the distance.
Facing consecutive annual delivery declines and growing inventory
Tesla delivered 358,023 vehicles in the first quarter of 2026 — roughly 8,000 fewer than Wall Street expected — while producing over 50,000 more cars than it sold. That growing gap between production and deliveries signals something automakers dread: cars sitting on lots because buyers aren't showing up. The miss marks at least the fifth quarter in which Tesla has underperformed analyst expectations since early 2024.
Updated May 30
Pursuing semiconductor vertical integration
Every company designing custom artificial intelligence chips today (Apple, Google, Amazon, Microsoft) pays someone else to manufacture them. Tesla just announced it will build and operate its own semiconductor fabrication plant, a $20 billion facility called TeraFab targeting the 2-nanometer process node, the most advanced manufacturing technology in existence. No company without decades of chipmaking experience has ever attempted this.
Facing sales decline and leadership instability
Since April 2024, Tesla has lost more than a dozen senior executives: the heads of batteries, supercharging, North American sales (twice in a year), and operations across North America and Europe. Joe Ward -- who joined as a logistics intern in 2010 -- now runs global sales after Raj Jegannathan's abrupt departure. The exodus has left Elon Musk overseeing an unusually thin executive bench as the company tries to stabilize vehicle deliveries, defend margins against Chinese competitors, and ship the long-promised robotaxi and Optimus programs.
Updated May 27
Operating robotaxis in Austin, Dallas, and Houston; Cybercab in production; facing pre-recall NHTSA probe
By April 2026, Tesla had expanded its unsupervised robotaxi service to Dallas and Houston, bringing the combined Texas fleet to about 573 vehicles. Newly unredacted crash reports tell a messier story: two of the 17 Austin incidents involved remote teleoperators who drove vehicles into a fence and a construction barricade.
Updated May 23
Provided telemetry data access to Lemonade, expanding FSD ecosystem
For a century, auto insurers priced risk based on the driver: age, driving record, location. Lemonade's January 2026 partnership with Tesla is the first major attempt to price risk based on which entity—human or software—is actually controlling the vehicle. Tesla owners using Full Self-Driving get a 50% rate reduction on miles driven with the system engaged, a discount five times larger than Tesla's own insurance offers. The product launched in Arizona on January 26, 2026.
Updated May 22
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