Tesla Inc. (NASDAQ:TSLA) has had an eventful week amid a Robotaxi ramp in Texas, as well as a new order for the company’s Semi truck. Let’s take a look back at some of the major stories that shaped the Elon Musk-led EV giant’s week.
Robotaxi Plans Take Shape
While Tesla’s Robotaxi is progressing more slowly than what Musk would’ve liked, the company ramped up its operations in Texas with over 20 unsupervised Robotaxis in Austin and three each in Houston and Dallas. However, the company still lags behind Alphabet Inc.‘s (NASDAQ:GOOGL) (NASDAQ:GOOG) Waymo.
Tesla Sales Pick Up In Europe
In what could provide Tesla with a major boost, the company’s sales in France, Denmark, the Netherlands and Sweden showed strong growth. French sales grew 112%, while Sweden recorded a 111% surge in April. However, Tesla also recorded a decline in countries like Norway, where sales fell 61%.
Massive Recall
Tesla issued a recall for over 218,000 vehicles in the US, affecting its original lineup of the Model S, 3, X, and Y units. The recall was due to a glitch that resulted in a delay in the rearview camera image when the vehicle is placed in reverse. Tesla issued a software update to fix the error.
Elon Musk’s Tesla Paycheck, FSD Goals In Spotlight
Musk’s $1 trillion pay package was also back in the spotlight after regulators in the EU reportedly raised concerns about the automaker’s Full Self-Driving (FSD) technology. Authorities were particularly concerned about the FSD system’s ability to safely navigate icy road conditions, as well as its tendency to speed up.
Tesla Semi Lands 370-Unit Order
With the recent announcement of Tesla’s Semi entering production, the EV giant shared that it had secured an order of over 370 Tesla Semi vehicles from WattEV. The deal illustrated the largest electric vehicle truck single deal in California’s history.
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by a Benzinga editor.
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