Tesla News Summarizes Rising and Falling Again Due to Tariffs

1. Tesla Launches FSD Supervision Service In Austin, San Francisco
   Tesla has released a video of its supervised mode pilot service of full self-driving (FSD) technology. Targeting early employees in the Austin and San Francisco Bay areas, it has completed more than 1,500 rides and 15,000 miles of driving so far.
2. Trump Plans to Exempt Part of Auto Parts Tariffs
   Former President Trump will waive some tariffs imposed on Chinese imports and on steel and aluminum. Tariffs on auto parts will be exempted, but 25% tariffs on finished vehicles will remain in place. The 25% tariffs on parts will take effect from May 3.
3. Piper Sandler Maintains $400 Target Price for Tesla… Expectations for RoboTaxi
   Analysts Alex Porter called Tesla’s first-quarter performance the “best outcome” that investors could reasonably expect. In particular, the key implication is that Tesla clearly revealed its willingness to launch robo-taxi and low-cost vehicles in the first half of 2025. The target price remains at $400.
4. Wedbush Raises Tesla Price Target To $350… Emphasis on Musk’s leadership recovery
   Analysts Dan Ives raised Tesla’s price target to $350 from $315 after the company reported first-quarter earnings. He said Musk reprised his leadership as CEO during the earnings call, marking a turning point.
5. Tesla Introduces Rental Car Service At Sacramento Accident Repair Center
   Tesla plans to add a rental car operating facility for customer convenience at its Collision Center in Sacramento County, California.
6. Cybertruck AWD Lease Special Offer… $799 per month
   Tesla has launched a 36-month lease on its Cybertruck AWD model with a $799 monthly and $5,000 down payment. The lease is available for a limited time.
7. Amazon ‘Kuiper Project’ Delays Satellite Production… government deadline crisis
   Amazon’s satellite internet project “Kuiper” could be difficult to meet a government deadline to launch 1,600 satellites by next summer due to a lack of satellite production speed. So far, only a few dozen have been manufactured. (Source: Bloomberg)
8. Starlink Raises New Subscriber ‘Congestion Rate’ To $250
   SpaceX has increased its one-time congestion charge to new Starlink subscribers in parts of the U.S. from $100 to $250.
9. OpenAI Forecasts 2029 Revenue Of $125 Billion
   OpenAI predicts its revenue will reach $125 billion annually by 2029, reflecting growth potential from the spread of AI technology and growing corporate customers.