Won’t We Have Big Political Headwinds Five Years Later? Worried… Tesla News Summary

Won’t We Have Big Political Headwinds Five Years Later? Worried… Tesla News Summary

1. Elon Musk described the new Congressional Spending Bill as a “disgusting disgust” and criticized it, saying, “Shame on those who voted for it.” In response, House Speaker Mike Johnson countered, “I don’t mean to be rude to Elon, but he’s simply wrong about ‘one big, beautiful bill.”
2. Tesla, Australia hit 12-month high in May sales
   Tesla sold about 3,900 units in Australia in May, up 9.3% from a year earlier. That’s the highest in the last 12 months, but it’s still down 48.2% in terms of cumulative sales this year.
3. Tesla Australia Offers Free FSD, Autopilot Transfer Through June 30
   Tesla Australia has announced that it will offer free transfer benefits of fully autonomous driving (FSD) and enhanced Autopilot features for buyers receiving Model 3 or Model Y until June 30.
4. Tesla Faces New ‘Tesla Robotaxi’ Trademark
   Tesla filed a new trademark with the U.S. Patent and Trademark Office (USPTO) under the name “Tesla Robotaxi” after its trademark application was rejected. Since “Tesla Robotaxi” is not a common name, it is highly likely to be approved this time.
5. Chinese government to include Tesla Model 3 and Y rural sales promotion targets
   China’s industry ministry announced that Tesla’s Model 3 and Model Y have been included in a government-led drive to distribute cars in rural areas. The list includes a total of 124 electric and hybrid vehicles.
6. SpaceX expects $15.5 billion in revenue amid low NASA share
   SpaceX’s estimated revenue for the year is about $15.5 billion, of which NASA contracts account for just 7.1%, the report showed.