Tesla, self-driving and Elon Musk
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Tesla CEO Elon Musk announced the change in an X post yesterday. The world's richest person never gave a reason for moving to subscription-only.
Tesla's 2026 Model Y is now available on the company's site and it comes with a new (and old) option: a seven-seat option via a third row.
Tesla's EV sales declined by 8.5% to 1.63 million cars in 2025, as competition ramped up and eroded the company's market share in important markets like Europe. But CEO Elon Musk believes autonomous vehicles are the future of mobility, so he's more focused on bringing the Cybercab robotaxi to market than he is on reviving passenger EV sales.
Tesla has granted Tom Zhu, its Senior Vice President of Automotive and one of the most critical executives at the company, a massive new stock option package covering over $226 million worth of shares.
Owners of the controversial vehicle have had to visit service centers for unique problems with the truck. Some recalls could be handled with software updates.
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SpaceX may skip IPO in favor of Tesla reverse merger: Chamath Palihapitiya's contrarian bet
SpaceX is rumored to target a 2026 IPO at valuations as high as $1.5 trillion, but Palihapitiya says Musk may skip the listing and pursue a Tesla reverse merger instead. ・The idea aligns with Musk’s long-discussed vision of a holding company that houses Tesla,
Tesla in settlement talks with the EEOC over treatment of black workers at its CA plant. It's not the first time racism has bit the company.