Tesla Daily Update – April 12, 2026

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📝 Today’s Tesla News Summary

Market: TSLA closed at $348.95 on Friday, up 0.96%, with volume at ~50.3M shares. The stock is down ~20% YTD, with JPMorgan maintaining a $145 price target (60% downside).

Product: Tesla launched a final Signature Series run of Model S and X Plaid — 350 vehicles priced from $159,420, marking the farewell to flagship sedan/SUV programs.

Regulatory: Dutch authority RDW approved Tesla FSD Supervised — first EU approval, a milestone for Tesla’s autonomous ambitions in Europe.

China: Q1 retail sales dropped 16% YoY (March -24%), despite stronger wholesale numbers. Tesla China denied a Reuters report on a new compact SUV. Separately, Tesla added China’s Sunwoda as its fifth global battery supplier.

FSD: Elon Musk claims FSD v15 will “far exceed” human safety (similar promises made for v12 and v14). Tesla also cracked down on unauthorized FSD hacking devices.

Strategy: Tesla reportedly developing a new smaller, cheaper EV SUV — a reversal two years after Musk killed the Model 2 program.

🔗 Sources