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 crossed another major milestone on the road to autonomous driving. Over the weekend, multiple Tesla Model Y vehicles were spotted driving themselves on public roads in Austin, Texas, with no one in the front seats and no safety driver on board. According to Tesla and Elon Musk, these were public tests of […]
Tesla has published its official November 2025 recap, highlighting a busy month across the company’s global operations, product lines, and community. The update, shared on X, touches on everything from major corporate milestones to continued momentum for Full Self-Driving (Supervised) and record-breaking Supercharger usage. One of the biggest events in November was Tesla’s Annual Shareholder […]
SpaceX appears to be heading toward a public offering sooner rather than later, and the latest comments from Elon Musk all but confirm it. Responding to a post by Ars Technica’s Eric Berger on X, Musk simply said, “As usual, Eric is accurate,” after Berger shared his report detailing why SpaceX now plans to go […]