Elon Musk News Updates

FedEx Freight incoming CEO John Smith will deliver the opening keynote in Las Vegas on May 4, weeks before the unit spins off from FedEx on June 1.

The company delivered 358,023 vehicles worldwide in the first quarter. It’s the second consecutive quarter that Tesla has fallen short of projections.

The move heightens scrutiny of technology that underpins Tesla’s future ambitions around autonomous driving and robotaxi operations.

California Gov. Gavin Newsom outlined plans for a $200 million electric vehicle subsidy in the state that would represent a major boost to Elon Musk’s Tesla and other EV makers in the state.

The company reported Jan. 28 that net income last year dropped 46% to $3.8 billion despite the introduction of cheaper models and CEO Elon Musk's promise to remain laser-focused on the company.

Tesla is beginning to offer actual robotaxi rides in Austin, a milestone for the carmaker that launched a service seven months ago with vehicles that have relied on human supervisors.

NHTSA granted Tesla a five-week extension to start addressing a defect investigation into its cars violating traffic laws while its Full Self-Driving system is engaged.

Reaching 10 million active FSD subscriptions is among the targets Tesla must hit for CEO Elon Musk to earn additional shares under the pay package shareholders approved in November.

BYD increased battery-electric vehicle sales both for the quarter and the full year, delivering almost 2.26 million EVs in 2025 to Tesla’s 1.64 million.

By Tesla’s count, analysts on average expect the company to deliver 422,850 cars in the fourth quarter, down 15% from a year earlier.