🎧 Tesla Daily Podcast
📝 Today’s Tesla News Summary
1. Tesla 2026 Summer Update
Tesla is rolling out its massive 2026 Summer Update, introducing new Traction Control Modes for Model 3 and Model Y, with expansion to Model S, Model X, and Cybertruck incoming. The in-car Grok AI assistant has also been significantly upgraded, now capable of controlling phone calls, music, climate, and the glovebox via natural voice commands.
2. FSD v14 Lite Released to Hardware 3
Tesla has wide-released FSD version 14 Lite to all HW3-equipped vehicles, distilling AI4 v14 behavior onto the older hardware platform. Over 55% of new North American deliveries now include an FSD subscription, with active subscriptions at 1.48 million — a 56% year-over-year increase.
3. Q2 Earnings: Revenue Beat, EPS Miss
Tesla reported Q2 revenue of 8.24B, beating estimates, but EPS came in at sh.33 vs sh.50 consensus. The company posted negative free cash flow of .1B as it ramps up AI, Cybercab, and Optimus spending. Tesla’s stock is down 18% over the past month, though Cathie Wood’s Ark Invest has reportedly bought the dip.
4. Model S & Model X Production Ends
Tesla officially wound down Model S and Model X production in Q2 2026. The company plans to open-source the designs and software for these landmark vehicles.
5. Tesla Launches in Uruguay
Tesla opened its third South American direct-sales market this week, with Uruguay pre-approving several Model 3 and Model Y variants for order with deliveries expected in late 2026.
6. France Delays FSD Approval; Musk Responds
French regulators delayed approval of Tesla’s FSD Supervised system, prompting Elon Musk to publicly warn the delay would cost lives, citing Tesla data showing FSD vehicles have a far lower collision rate than the U.S. national average.
7. Robotaxi Reaches 2.4M Miles, Cybercab Production Underway
Tesla’s Robotaxi fleet has logged 2.4 million cumulative paid miles with zero notable safety incidents across 380,000 miles of unsupervised operation. The service now operates in seven U.S. cities including Tampa, which went fully driverless on July 21st. Cybercab production is officially underway at Gigafactory Texas with 125,000+ units of annual capacity, and each unit now features a Starlink V5 antenna for in-cabin internet.
8. Optimus Gen 3 Running 24/7 Factory Shifts
Optimus Gen 3 bots are now deployed in live 24/7 factory shifts at Fremont and Giga Texas, handling battery cell sorting, parts handling, and quality inspection tasks. Tesla has decommissioned Model S/X lines at Fremont to install Optimus manufacturing lines.