Tesla News Summarizes Up With Stocks Moving Up Again
- Samsung to build $25 billion semiconductor plant…Tesla To Produce AI6 Chips
Samsung Electronics is building a state-of-the-art semiconductor production facility in Texas worth about $25 billion, where it will produce Tesla’s next-generation AI6 (HW6) chip. The facility is about 40 minutes away from Tesla’s Giga Texas plant, which it aims to operate in 2026. Tesla has signed a $16.5 billion deal with Samsung, which Elon Musk says is “minimal” and could reach several times its actual output. The chip will be used in Tesla vehicles and Optimus robots. - RBC Raises Tesla Price Target To $325…”Long-term growth potential is high.”
RBC Capital raised Tesla’s price target to $325 from $319 and maintained an “Outperform” on investment. They analyzed that Tesla’s value could be “well above” current levels, and future technology investments such as robot taxis, fully autonomous driving (FSD), and humanoid robots are key. - Tesla Shanghai Megapack Plant Hits 1,000 Units Production In 5.5 Months
Tesla’s Shanghai Megapac plant is showing a fast pace of production, succeeding in producing its 1,000th Megapac in 5.5 months since it began mass production. - Tesla Opens Europe’s Largest Supercharger In France
Tesla has newly opened one of Europe’s largest supercharger stations with 56 booths in France. It also has solar canopies, outdoor seating, small indoor lounges and restrooms. - Boring Company Vegas Loop Gets Top U.S. Homeland Security Rating Certification
The Vegas Loop System, operated by Elon Musk’s Boring Company, has achieved top-rated certification with an almost perfect score of 99.51% in the U.S. Department of Homeland Security’s BASE safety and security assessment. The system is a vertically integrated method that directly performs all processes from tunnel boring design to operation, achieving both cost savings and increased efficiency. - Waymo To Launch Self-Driving Call Service In Dallas, Texas In 2026
Waymo, a subsidiary of Google, announced plans to launch a fully autonomous ride-hailing service in Dallas, Texas, starting in 2026. Waymo, through a strategic partnership with the Avis Budget Group, will manage the vehicle and provide 24-hour service to the public through its app. - The U.S. Environmental Protection Agency proposes to withdraw the basis for regulating greenhouse gases…Expect controversy
The U.S. Environmental Protection Agency (EPA) has officially announced a proposal to withdraw the legal basis that has supported greenhouse gas regulations in the automobile emissions, power plants, and oil and gas industries. If the proposal is passed, the legal document is expected to include the claim that automakers will be obliged to reduce CO₂ emissions, and that CO₂ is not harmful to human health and welfare. - xAI to train next-generation AI models with 110,000 Nvidia GB200 GPUs
Founded by Elon Musk, xAI plans to train large-scale video-based AI models using Nvidia’s latest 110,000 GB200 GPUs, which will be fully operational starting next month. - Lucid Signs Global Ambassador Deal With Actor Timothy Chalamet
Electric vehicle maker Lucid has signed actor Timothy Chalamet to a multi-year deal, appointing him as its first global brand ambassador. Chalamet will lead the global marketing campaign for Lucid’s premium SUV Gravity, which will launch later this year, going beyond just advertising and representing creative collaboration and sharing of brand philosophy. - Boring Company Announces Construction Of Loop Tunnel In Nashville, Tennessee, Without Taxpayer Burden
The Boring Company has officially announced that it will build a loop tunnel in Nashville, Tennessee, without the taxpayer’s burden. The tunnel will allow citizens to move quickly between city centers through Tesla vehicles.