🎧 Tesla Daily Podcast
📝 Today’s Tesla News Summary
Stock Surge: TSLA closed at $366.35, up 5%+ for the day, marking its highest close since July 22. The stock gained nearly 18% throughout August, driven by Cybercab launch anticipation ahead of the September 3 event in Austin.
Cybercab Preparations: Unsupervised Cybercab vehicles have been spotted operating on Austin streets. Seven purpose-built units are now registered with the State of Texas. Tesla plans to eventually sell the Cybercab for under $30,000.
Optimus Production: Tesla has commenced Optimus humanoid robot production at the Fremont factory with an initial line designed for ~1M units/year. Commercial sales expected to begin in 2027.
FSD Milestone: Tesla’s Full Self-Driving system surpassed 14 billion cumulative miles on August 27, adding 1 billion miles in just 24 days. FSD is now available in 12 global markets.
Capital Investment: Tesla’s August capital budget has reached at least $25 billion, with $16.8 billion earmarked for the Terafab AI semiconductor plant in Texas — a joint investment with SpaceX.