Tesla Daily Update – March 31, 2026

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📝 Today’s Tesla News Summary

Model S & X Production Winding Down: Tesla officially began winding down US production of its flagship Model S and Model X in March 2026, with full cessation expected by Q2. Factory space at Fremont is being repurposed for Optimus robots and the Robotaxi platform.

Optimus Gen 3 Update: Elon Musk confirmed on March 31st that the third-generation Optimus robot is “walking around” but still needs finishing touches before its public debut. The Gen 3 model features 50 total actuators and 22 degrees of freedom per hand. Tesla plans to deploy 200+ Optimus Gen 3 robots at Gigafactory Texas this year, with mass production around 2027. Musk has said roughly 80% of Tesla’s future value will come from its robotics program.

Stock Surges 5%: Tesla stock jumped about 5% on March 31st, riding a broad market rally on geopolitical de-escalation hopes. However, the stock is still down nearly 20% year-to-date, trading around 55.

Norway Market Dominance: Tesla captured over 50% of Norway’s entire car market in March 2026, with the Model Y and Model 3 taking the top two registration spots.

Europe Sales Growth: Tesla posted its first year-over-year sales increase in Europe since December 2024, delivering 17,664 vehicles in February 2026, up nearly 12% from the prior year.

Terafab Chip Factories: Tesla, SpaceX, and xAI announced plans to build two advanced chip factories in Austin, Texas — the Terafab project — to secure silicon supply for vehicles, robots, and AI data centers.

Q1 Delivery Forecast: Analysts project Tesla will deliver approximately 365,645 vehicles globally in Q1 2026, a 9% year-over-year increase, with energy storage deployments potentially hitting a record 14.4 GWh.

Software Update 2026.8: Rolling out globally with Comfort Braking, Cybertruck blind spot enhancements, Spotify improvements, and a new British-accented voice assistant named Leo.

Leadership Update: Tesla’s head of product for customer experience, Jose del Corral, departed for Coinbase, adding to senior leadership exits this year.

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