Tesla Daily Update – May 3, 2026

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📝 Today’s Tesla News Summary

1. FSD Reaches 10 Billion Miles: Tesla vehicles have cumulatively logged 10 billion miles of Full Self-Driving data, a key milestone for safe unsupervised autonomous driving.

2. Cybercab Production Begins: Tesla has officially started production of the Cybercab, its purpose-built autonomous taxi with no steering wheel or pedals, representing a full transition to autonomy.

3. Tesla Semi Hits High Volume Production: The first Tesla Semi trucks have rolled off the high-volume production line in Nevada, with capacity for up to 50,000 units annually. A new charging program was also launched targeting commercial fleet operators.

4. Model 3 Premium RWD Launch in Canada: Tesla launched a new Model 3 Premium RWD trim in Canada at a record-low price of $39,490 CAD (~$29,000 USD), sourced from Giga Shanghai. Deliveries expected May-June 2026.

5. Q1 2026 Results: Tesla produced over 408,000 vehicles and delivered over 358,000 vehicles in Q1, with 8.8 GWh of energy storage deployed.

6. Stock Update: TSLA trading around $391, up 2%+ on May 1st, with Tigress Financial maintaining a Buy rating.

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