Tesla news covering electric vehicles, Cybertruck, Model Y, Full Self-Driving, energy products, earnings, and Tesla's automotive innovations.
Tesla's Robotaxi service began operating without a human safety monitor in the geofenced Austin metro area in early June 2026. The service has already logged over 1.7 million paid miles. Deutsche Bank analysts advise focusing on robotaxi expansion over Tesla's underperforming auto business.
The unveiling of the new Tesla Roadster, originally expected in May or June 2026, has been postponed until at least August. The demo, a joint effort with SpaceX, will showcase cold gas thrusters enabling hovering or flight. Elon Musk received a thruster demo in April after promising a 'banger next-level' unveiling.
JPMorgan upgraded Tesla to Neutral from Underweight and raised its price target from $145 to $475, a 227.6% increase. The upgrade was made by analyst Rajat Gupta, who replaced Ryan Brinkman.