Tesla Daily Update – April 16, 2026

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📝 Today’s Tesla News Summary

Stock Update: Tesla closed at $391.95 on April 15, up ~13% since April 9 ($345). The stock remains ~21% below its 52-week high of $498.83.

AI5 Chip Taped Out: Tesla has officially taped out its next-generation AI5 self-driving chip, CEO Elon Musk confirmed. The milestone sends the final design to foundry for fabrication, but volume production remains more than a year away — nearly 2 years behind original schedule.

FSD Railroad Incident: A Texas Tesla owner reported his FSD-enabled vehicle drove through a lowered railroad crossing gate as a train approached. Owner Joshua Brown said he had to manually accelerate to outrun the train, calling it the first time FSD has “let him down.”

Europe FSD Update: Dutch authorities approved Tesla’s FSD Supervised system — the first EU country to do so. However, HW3 hardware owners across the EU are organizing a collective claim after Tesla admitted the hardware cannot support full FSD capabilities they paid for.

Spring Update 2026: Tesla is rolling out its Spring Update with redesigned Self-Driving subscription app, voice-activated Grok assistant, auto-install software updates, and new Pet Mode features.

Signature Series Plaid: Tesla confirmed a final limited-edition run of 350 Model S and X Plaid Signature Series vehicles, starting at $159,420 with exclusive Garnet Red paint.

China Sales: Tesla retail sales in China fell 16% YoY in Q1 2026, with March alone down 24%, despite higher wholesale numbers masking the domestic demand decline.

🔗 Sources