Tesla Daily Update – May 3, 2026

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📝 Today’s Tesla News Summary — May 3, 2026

📈 Market Update: Tesla shares closed at $390.82, up +3.86% today. The 5-day trading range stands between $372.80 and $390.82.

1. Tesla Model 3 RWD Launches in Canada at Record-Low Price

Tesla has launched the Model 3 Rear-Wheel Drive in Canada at a record-low price of $39,490 CAD (~$29,000 USD), sourced from Gigafactory Shanghai. This aggressive pricing demonstrates Tesla’s strategy to leverage its Shanghai factory’s cost advantages to expand market share in North America.

2. Tesla Semi: High-Volume Production Begins

The first Tesla Semi trucks have rolled off the high-volume production line — a major milestone for Tesla’s commercial vehicle program. The Semi promises zero-emission heavy-duty trucking with lower total cost of ownership.

3. Tesla Expands Semi Charging Infrastructure

Tesla launched the Basecharger for Semi and revealed the Megacharger at $188,000. This dedicated charging ecosystem for the Semi fleet underscores Tesla’s end-to-end commercial vehicle strategy.

4. FSD Legal Battle Continues

A Tesla owner who won $10,000 in court over Tesla’s Full Self-Driving misrepresentations says Tesla is still actively fighting the ruling. The case highlights ongoing regulatory scrutiny of Tesla’s ADAS marketing.

5. Tesla Robotaxi Fleet Ramping Up

Tesla’s unsupervised Robotaxi fleet is finally showing signs of meaningful scale-up after months of limited deployments. This remains a key pillar of Tesla’s long-term autonomous driving growth narrative.

🔗 Sources