Tesla

The Delaware Supreme Court has reinstated Elon Musk’s $56 billion Tesla pay package, overturning a lower court’s decision. While the compensation is restored, the court acknowledged Musk’s control over Tesla and the flawed approval process of the 2018 plan. This ruling, in the Tornetta v. Musk case, concludes a significant legal dispute, though other aspects of the initial ruling remain.

Investors are navigating mixed economic signals, with a cautious labor market and fluctuating oil prices. Tesla’s stock surged on robotaxi optimism, despite regulatory concerns. Warner Bros. Discovery rejected a takeover bid, favoring Netflix’s offer. The expiration of ACA tax credits looms, impacting millions. Apple is set to revamp Siri for enhanced AI capabilities in 2026. Meanwhile, the luxury handbag resale market is cooling.

A California administrative law judge ruled Tesla’s marketing for “Autopilot” and “Full Self-Driving” was deceptive. The DMV initially sought to suspend Tesla’s licenses, but now offers a 60-day window to correct misleading claims. Failure to do so could result in a 30-day sales license suspension, though manufacturing will continue. The judge noted a reasonable consumer would believe the systems allow autonomous driving, which is inaccurate. Tesla stated sales will continue uninterrupted, while acknowledging the ruling focuses on consumer protection and the use of the term “Autopilot.”

Tesla’s stock has hit an all-time high, recovering from an early year slump. This surge is fueled by optimism surrounding Elon Musk’s autonomous driving advancements, with driverless vehicles now being tested without occupants. Investors anticipate this could unlock significant revenue through a robotaxi network. However, regulatory hurdles and safety concerns remain. Despite a challenging EV market and competition, some analysts remain bullish on Tesla’s potential to achieve full autonomy.

The robotaxi revolution is here, with Waymo leading in the U.S. and Baidu’s Apollo Go dominating China. Tesla and Zoox are entering the market, signaling rapid industry growth. While convenience and safety are driving adoption for some, consumer apprehension and practical challenges like cost and unpredictable behavior remain. Despite these hurdles, companies are investing heavily, with Waymo and Zoox scaling operations and Tesla pursuing a different autonomy strategy. Global competition is intensifying, with Chinese players expanding internationally.

Tesla is testing fully driverless vehicles in Austin, Texas, a significant step following the limited launch of its Robotaxi service. CEO Elon Musk confirmed the occupantless tests, signaling progress toward Tesla’s long-held autonomous driving goals. This news boosted Tesla’s stock, nearing a record high. While the company is rolling out its Robotaxi app, challenges remain, including previous incidents involving vehicles with safety drivers. Regulatory landscapes are also evolving, with Texas set to implement new authorization requirements for commercial autonomous vehicle use in 2026. Tesla faces established competitors already operating robotaxi services in various markets.

Tesla faces regulatory hurdles in the Netherlands as it seeks approval for its “FSD Supervised” technology. Dutch regulators caution against public pressure on the RDW, emphasizing that safety, not lobbying, will determine approval. The RDW refuted Tesla’s claim of guaranteed February 2026 approval, stating it hinges on demonstrated safety. This follows Tesla urging followers to contact RDW. Meanwhile in the U.S., NHTSA investigates Tesla’s FSD, and the vision of fully autonomous Tesla robotaxis remains distant due to technological and regulatory challenges.

Elon Musk and Jensen Huang will address the U.S.-Saudi Investment Forum, highlighting deepening ties in AI. Discussions will focus on AI, computing infrastructure, and digital transformation crucial for Saudi Arabia’s “Vision 2030.” This follows increased Saudi investment in the U.S. and signals opportunities for Tesla and Nvidia in Saudi Arabia’s electric vehicle, energy storage, and AI development initiatives. The collaboration could drive innovation in smart cities and autonomous driving using U.S. technology and Saudi capital.

Tesla received a permit to operate a ride-hailing service in Arizona, a step toward launching a robotaxi network. Further approvals are needed before deployment. Tesla aims to remove safety drivers in Austin by year-end and expand to other cities by 2026, despite safety concerns highlighted by recent collisions. The company faces competition from Waymo and Baidu, who have established autonomous services. Elon Musk envisions a future where people can “text and drive,” but achieving full autonomy requires overcoming technological hurdles.

Tesla is recalling approximately 10,500 Powerwall 2 units due to a potential safety hazard: defective lithium-ion battery cells that can overheat, causing fire and burn risks. The issue, attributed to a third-party supplier, has led to 22 reports of overheating, including five fires. Tesla is replacing affected units free of charge. This recall could impact Tesla Energy’s growth, which saw a 44% revenue surge in Q3 2025, as Powerwall is a key component of its clean energy ecosystem. Newer Powerwall 3 is not affected.