Tesla News Summary

1. Elon Musk: Cybertruck FSD Launches With Version 12.5, Consolidates City And Highway Code.
2. Tesla and Intersect Power have signed a 15.3 GWh Megapack supply deal by 2030. The deal is worth more than $3 billion, with 10 GWh Megapack to be deployed by the end of 2027.
3. Morgan Stanley’s Adam Jonas announced a new Tesla ($TSLA) note. The survey found that 68% of respondents believe artificial intelligence (AI) will have a bigger impact on Tesla’s stock price over the next 12 months than its core electric vehicle (EV) business.
4. Here are the most voted questions from Tesla’s second-quarter earnings release next Tuesday:

• Robotaxi Event Date and Estimated Time of First Robotaxi Ride
• Giga Mexico’s Latest Schedule and Early Production Vehicles
• Whether Tesla Energy’s GWh Deployment Continues to Increase
• 4680 Battery Cell Production Status and Growth Rate
• Update Dojo
• Roadster status

1. Ford is testing a more powerful F-150 Lightning electric vehicle to compete with Tesla Cybertruck.
2. Ford on Thursday announced plans to use its Canadian plant to produce large gasoline models of its flagship F-Series pickup trucks instead of producing electric vehicles.
3. According to the Texas Department of Licensing and Regulation (TDLR), Neuralink is building a $14.7 million campus in Del Valley, TX. The campus is a three-story 112,000-square-foot building on 37 acres that includes a clean room for offices, mechanical workshops, and device manufacturing. Construction began on July 15 and is expected to be completed by the end of May 2025. It is located at 2200 Caldwell Lane, Del Valley, and TX 78617 and is 20 minutes from Giga Texas and SpaceX.