🎧 Tesla Daily Podcast
📝 Today’s Tesla News Summary
Historic Production Shift: Tesla officially ended Model S and Model X production on May 10, repurposing Fremont factory space for up to 1 million Optimus robots annually.
Regulatory Milestones: Tesla became the first company to pass the U.S. government’s new ADAS testing with the Model Y. Dutch regulators approved FSD, potentially paving the way for European Commission authorization.
Safety Investigations: NHTSA is investigating 2.9 million Teslas following self-driving crash reports. Two recalls were issued: 200,000+ vehicles for rearview camera software and 173 Cybertrucks for brake rotor defects.
Stock Recovery: TSLA closed at $428.35 on May 8, up 4% and recovered 15% from April lows. China sales rose 36% YoY in April to nearly 80,000 vehicles.
Analyst Sentiment: 47 analysts have a consensus target of $413. Tesla planning Terafab chip plant with SpaceX for AI and robotics.