The past week was filled with intriguing developments for Elon Musk and Tesla Inc. (NASDAQ:TSLA). From a growing battery business to President Donald Trump‘s remarks on electric vehicles, there was no shortage of news. Here’s a quick round-up of the top stories.
Elon Musk’s SpaceX to Consume More AI Compute Than Tesla.
Responding to a video on X, Musk estimated that about 25% of the output of the Terafab semiconductor facility would be for Tesla’s Optimus robot, while 75% of its output would be utilized for SpaceX’s AI spacecraft. Musk also mentioned that the facility would create over 3,000 jobs in Texas, but this figure is only for phase 1 of 10.
Trump Vs. Musk: President Says EV Drivers ‘Have a Disease’.
Trump reaffirmed his pro-fossil fuel stance against the electric vehicle (EV) sector, hailing the ending of the $7,500 federal tax credit for EVs, which his administration ended when he took office for a second presidential term.
Tesla’s Battery Business Is Growing Faster Than Its Cars.
Tesla’s Energy Storage division announced that its Brookshire, Texas, plant has begun operations 16 months after groundbreaking. The facility is designed to produce 50 gigawatt-hours of Megapack 3 capacity annually. This comes as utilities, renewable-energy developers, and data centers seek batteries that can store power and release it when demand rises.
Tesla Is Betting on Smarter FSD Rather Than User Overrides.
Tesla’s AI Chief Ashok Elluswamy stated that the company is working on better learning of users’ implied preferences. This comes in response to Tesla enthusiast David Moss, who said he hoped Max Speed control would never return on either AI3 or AI4 vehicles.
Tesla Confirms It Will Participate in Limited-Run California EV Program.
According to Tesla’s official website, eligible buyers in California may qualify for a $3,500 incentive touted by Gov. Gavin Newsom (D-CA) on eligible Model 3 and Model Y new inventory vehicle purchases. However, the vehicle must be registered and delivered in California to qualify.
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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