Tesla News Summary Focuses on Holdout

1. Elon Musk Mentions Robotaxi Regulatory Standards
   “It’s a good standard to see that Waymo already has regulations that allow it to operate in a robotaxi,” Elon Musk said regarding the expansion of the robotaxi service. This is a reference to Tesla’s future strategy for entering a robotaxi.
2. Tesla Expands Austin Robotaxi Service Area South
   Tesla has expanded its self-driving based robo-taxi service area again in Austin, Texas, to include much further south. This translates as part of its hands-on testing and commercial preparations.
3. Tesla Opens India’s First Supercharger In Mumbai On Aug. 4
   Tesla will open its first Supercharger station in India on Aug. 4 in Mumbai. This is interpreted as a sign of Tesla’s full-fledged entry into the Indian market.
4. $106M Tesla Megapacks To Be Launched In Arizona
   The Megapac BESS (Battery Energy Storage System), a collaboration between Tesla and Arebon, has begun operating near Phoenix. The system has the capacity to power approximately 200,000 homes two hours a day, and CEO Arevon emphasized that “there was not a single safety incident.”
5. $275M Mega Pack To Be Operated In California In 2026
   Arevon Energy is building a 300MW/ 1,200MWh megapack battery storage system in California that will be operational in January 2026. The system can power up to 385,000 homes for four hours a day.
6. Tesla Powerwall supplies 500 MW to California grid
   Earlier this week, California’s Virtual Power Plant (VPP) delivered a total of 535 MW of electricity to the grid, about 500 MW of which came from ordinary households using Tesla power walls, demonstrating the practical promise of decentralized energy resources.
7. Tesla Ruling $329M In Compensation Even In Accident While Using Cell Phones
   A jury ordered Tesla to pay $329 million in damages in a case in which the driver lost his or her attention and caused an accident while driving.
   “The driver must always pay attention and control the vehicle,” Tesla’s lawyer said in its vehicle guidance, stressing that “the cause of the accident was clearly the driver dropping his phone.” Tesla is likely to appeal.