🎧 Tesla Daily Podcast
📝 Today’s Tesla News Summary
Elon Musk Trillionaire Status: Elon Musk is projected to become the world’s first trillionaire on June 12, 2026. SpaceX’s IPO on Nasdaq values the company at 1.77 trillion dollars, with Musk’s equity stake at 866 billion. Combined with his Tesla holdings of roughly 350 billion, this marks an unprecedented wealth milestone.
J.P. Morgan Stock Upgrade: J.P. Morgan upgraded Tesla’s stock to “neutral” from “underweight,” raising its price target to 475 dollars from 145. The bank cited Tesla’s autonomous driving and robotics ventures as the key growth drivers. Tesla shares are trading around 420 dollars, supported by recovering profit margins and strong China sales.
Tesla Semi Momentum: Nearly half of a recent Semi truck batch sold out within 24 hours. High-volume production began at Gigafactory Nevada in April, targeting many thousands of units by year-end, with a long-term goal of 50,000 trucks annually.
Robotaxi Expansion: Tesla’s unsupervised Robotaxi service is now live across the entire Austin metropolitan area. The fleet has surpassed 1.7 million paid miles traveled. FSD Supervised has launched in China, the US, Canada, Mexico, and South Korea, with unsupervised FSD expected in roughly a dozen US states by end of 2026.
Roadster Unveiling Delayed to August: The next-gen Tesla Roadster unveiling has been pushed to August. Expected in Texas, the production model promises over 250 MPH top speed and 650 miles of range. A limited-edition SpaceX package with cold gas thrusters is also planned.