Tesla Daily Update – May 7, 2026

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📝 Today’s Tesla News Summary

Market: TSLA closed at $398.73, up $25.93 (+6.96%) — a strong rebound driven by commercial vehicle optimism.

Tesla Semi Orders: WattEV placed a massive order for 370 Tesla Semi trucks, the largest single California EV truck deployment. Additionally, Forum Mobility secured 60 more Semis for port drayage fleets.

Competitive Headwinds: BYD overtook Tesla as the top-selling EV brand in the UK so far in 2026, with over 7% market share. Tesla trails BYD and Kia in key overseas markets.

Regulatory Hurdles: European regulators expressed significant skepticism toward Tesla’s FSD system in emails obtained by Reuters, citing speeding and safety concerns that could delay EU approval.

Tesla Semi Economics: A new TCO analysis shows the Semi can save fleet operators over $400,000 vs diesel trucks, though savings depend on electricity pricing and charging infrastructure.

🔗 Sources