Tesla’s stock rose about 7% today, pushing the company’s market value back over $1 trillion, after the U.S. and China agreed to temporarily lower tariffs for the next 90 days while they work on a bigger trade deal.
The U.S. will reduce tariffs on Chinese imports from 145% to 30%, while China will drop tariffs on U.S. goods from 125% to 10%.
The tariff cut is good news for Tesla, since high tariffs can increase car prices and scare off buyers. Tesla’s core business is cars, so fewer sales would also hurt its other products like self-driving software, insurance (in some U.S. states), and charging services.
Tesla has officially extended its new Full Self-Driving (Supervised) ride-along program in Europe, giving far more people a chance to experience the company’s latest autonomy tech from the passenger seat. The expansion comes just days after Tesla first announced the initiative across select European markets last week, with ride-alongs going live earlier this week. According […]
Tesla’s Optimus humanoid robot is back in the spotlight — and this time, it’s running. In a new video shared by the official Tesla Optimus account on X, the bot can be seen jogging smoothly across the company’s lab, surrounded by a wall of other Optimus units plugged in and charging. “Just set a new […]
SpaceX has quietly opened one of its first physical Starlink retail stores, and the debut location has landed in Gretna, Nebraska. The store sits inside Nebraska Crossing, an outlet mall at 21209 Nebraska Crossing Drive, just outside Omaha. Photos and walkthrough experience shared by Parker (@TeslaEnthusist), a passionate Tesla watcher who visited the shop this […]