Tesla Daily Update – May 7, 2026

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📝 Today’s Tesla News Summary

1. Double Recall: Tesla recalled 219,000 vehicles (Model 3/Y/S/X, 2023-2025) due to a rearview camera delay glitch (up to 11 seconds in reverse). An OTA update will fix it. Additionally, 173 Cybertrucks with 18-inch steel wheels were recalled for potential wheel-stud failure that could cause wheels to detach.

2. Model Y Passes NHTSA ADAS Tests: The 2026 Tesla Model Y became the first vehicle to pass NHTSA’s new advanced driver assistance system tests, covering pedestrian AEB, lane keeping, blind spot warning, and blind spot intervention.

3. Shanghai Gigafactory Surge: Tesla shipped 79,478 Model 3 and Model Y vehicles in April, up 36% year-over-year, extending a multi-month recovery in its largest market.

4. Stock Rebounds Above $400: Tesla stock opened above $400, driven by tech rally and investor excitement around Robotaxi, Optimus, and AI chips. Cathie Wood’s ARK Invest raised its price target to $4,600/share.

5. Europe FSD Deadline: Tesla ending one-time FSD purchase option in Europe on May 15, 2026 — moving to subscription-only model.

6. $500M Musk Empire Revenue: Tesla disclosed over $500M in revenue from xAI ($430M) and SpaceX ($143M) last year.

7. Roadster Logo Trademark: Tesla filed a new trademark for Roadster logo, hinting at long-awaited second-generation Roadster reveal.

🔗 Sources