Tesla BioSnap a weekly updated Biography.
Tesla has dominated headlines this week, starting with Elon Musk’s big reveal of a massive Full Self-Driving update coming in September. The buzz centers on Tesla’s goal to drastically reduce the need for driver attention, though Musk cautions that complex intersections and extreme weather will still require human oversight. The Austin Robotaxi fleet, using an even more advanced version of FSD, continues to expand, and Musk claims driverless ride-hailing could reach half the US population by year’s end, pending regulatory approval, which he expects to clear first in Nevada, Arizona, and Florida, as reported by Teslarati. Meanwhile, daily hours for Model Y production at Giga Texas have been extended from 4:30 pm to 6 pm, a clear sign Tesla is bracing for a Q3 push, likely to capitalize on incentives and the imminent expiration of the $7,500 federal EV rebate at the end of September, according to Joe Tegtmeyer.
Rumors are swirling about a lower-cost Tesla vehicle spied near Giga Texas, but credible sources say this much-anticipated car is unlikely to reach buyers until Q4, despite increased sightings. Social media was ablaze after Samsung was revealed as the supplier for Optimus robot camera modules, hinting at deepening robotics ambitions. At the Shanghai Gigafactory, Model Y L reportedly entered mass production, while filings suggest fresh hardware for the Model 3 line, teases Teslarati.
If you’re watching the market, Tesla’s upcoming developments have strategists like Tom Lee at Fundstrat predicting bullish S&P trends this month. However, not all the news is rosy. Tesla’s brand loyalty has suffered a historic hit, with S&P Global Mobility data showing it fell from 73% in June 2024 to just under 50% this March, after Musk publicly endorsed Donald Trump. Both Reuters and Storyboard18 underscore that loyalty has only recovered weakly to 57% by May, still trailing rivals like Chevrolet and Ford. The fallout appears driven by Musk’s polarizing politics, a now-stale product lineup, and mounting competition from Rivian, Polestar, and Porsche.
On X, Musk’s fiery comments rejecting the One Big Beautiful Bill and Trump’s counterattacks threatening Tesla’s federal contracts fueled more political spectacle. Tesla’s slip in brand dominance is being exploited by opportunistic dealers because it now gains fewer new households for every one it loses, the lowest ratio ever, according to CBT News. Activists continue Takedown protests at Tesla showrooms, reports DCMediaGroup, keeping public scrutiny alive.
In sum, Tesla is making headlines with aggressive tech rollouts and swelling production, but also facing eroding brand loyalty and visible controversy, a volatile mix that will define the rest of 2025.
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