Tesla Daily Update – June 5, 2026

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📝 Today’s Tesla News Summary

1. European Sales Surge: Tesla’s Model 3 and Model Y affordable versions drove a remarkable European rebound in June. France sales jumped 655% in May; Norway grew nearly 30%; Denmark, Spain, and Sweden also posted strong gains.

2. JPMorgan Stock Upgrade: JPMorgan upgraded Tesla from Underweight to Neutral, raising its price target from $145 to $475. The firm now views Tesla as an AI-driven robotics company, projecting significant EPS growth by 2030.

3. Austin Robotaxi Fleet Launch: Tesla officially launched its unsupervised Robotaxi fleet across the entire Austin metro this week, with expansion planned for Dallas and Houston. Musk targets millions of autonomous Teslas by year-end.

4. FSD v14 Lite for HW3: Tesla is expected to release FSD version 14 Lite for Hardware 3 owners this month, bringing improved self-driving capabilities through new optimizations.

5. Roadster Demo Delayed: The next-gen Roadster public demo featuring SpaceX cold gas thruster has been pushed to August or later.

🔗 Sources