News
Elon Musk courted by French President as Tesla eyes global expansion
Tesla CEO Elon Musk has met with the President of France, Emmanuel Macron, as the automaker considers furthering its global expansion.
Alongside its dramatic production ramp, Tesla has been growing its global market presence in parallel. This has included founding new facilities outside its home market of the United States and entering countless new markets with its popular Model 3 and Model Y vehicles. As Tesla hopes to maintain this production ramp, its CEO, Elon Musk, has been courted by French President Emmanual Macron ahead of a business summit in Versailles.
Elon Musk has been on a world tour in recent months, heading to South Korea, Indonesia, and Mexico, and has now made his way to France. The French President announced the meeting with Elon Musk on Twitter earlier today. He explained that the two leaders had met regarding EV technology, the future of energy, and “the attractiveness of France,” among other topics.
With @ElonMusk, we talked about the attractiveness of France and the significant progress in the electric vehicle and energy sectors. We also talked about digital regulation. We have so much to do together. See you this afternoon at the #ChooseFrance Summit! pic.twitter.com/wkdwjv45OG
— Emmanuel Macron (@EmmanuelMacron) May 15, 2023
The meeting between Macron and Musk comes at a critical time for both leaders. In the case of Elon Musk, Tesla is facing increasing competition in each of its global markets, not the least of which being Europe, on top of mounting pressure to maintain an incredible production ramp, which has made Tesla the guiding EV business globally. As for President Macron, the French leader faces increasing political pressure, including a slim majority in both houses of the French Government and a creeping level of unpopularity in the country.
Tesla is taking its time choosing its next production location, which could easily come to any of the countries the fast-paced CEO has met with in recent months. Tesla is already in the process of establishing its first facility in Mexico, yet many analysts believe that a need for more production in Europe and Asia could drive the automaker to establish new footholds in those key markets.
Looking to Europe, Tesla maintains a substantial market share in many key countries, including France, the U.K., Germany, and the EV leader, Norway. To maintain this lead and help reduce general production reliance on China, France could be a key contributor if Tesla were to establish a new facility in the country.
Following the meeting, Musk elaborated that Tesla will be investing in France at some point, but specifics regarding what that investment could look like remain unknown.
ELON MUSK IN FRANCE: TESLA WILL MAKE SIGNIFICANT INVESTMENTS IN FRANCE AT SOME POINT
— First Squawk (@FirstSquawk) May 15, 2023
While this statement may sound like France’s admission into Tesla’s fleet of production centers is secured, that is likely not the case. If Tesla were to establish a new facility in Europe, it would likely be a highly competitive choice. While France may be working to develop a more business-friendly environment, Germany has long been the automotive center of Europe. At the same time, countries like Spain, Poland, and Turkey have all been common production choices for the world’s top automakers.
Further courting the CEO, as noted in the tweet from the French President, both Macron and Musk will be attending the “Choose France” Summit, which is set to not only unveil roughly 13 billion euros of new business investments into the country but also tout France as the market of choice for expanding businesses in Europe.
What do you think of the article? Do you have any comments, questions, or concerns? Shoot me an email at william@teslarati.com. You can also reach me on Twitter @WilliamWritin. If you have news tips, email us at tips@teslarati.com!
Tesla (NASDAQ: TSLA) reported its earnings for the first quarter of 2026 on Wednesday afternoon. Here’s what the company reported compared to what Wall Street analysts expected.
The earnings results come after Tesla reported a massive beat on vehicle deliveries for the second quarter, delivering 489,126 vehicles and building 451,758 cars during the three-month span.
This was a major shock for those on Wall Street as they anticipated somewhere around 400,000 deliveries for the quarter, and showed Tesla still has plenty of demand for its vehicles around the world and in the U.S. despite losing the $7,500 EV Tax Credit last year.
Tesla Q2 2026 Earnings Results
- Non-GAAP EPS – $0.33 reported vs. $0.53 expected
- Revenues – $28.236 billion reported vs. $26.4 billion expected
- Free Cash Flow- -$1.092B
- Profit -$ 4.751B
Tesla (beat/missed) analyst expectations, so the market response to the company’s quarter is what we will look for next.
Tesla shares closed today down just over 1 percent, trading at $374.01.
In the past, it has been anyone’s guess with what Tesla shares will do after they report earnings. Strong quarters have resulted in sharp drops, while lackluster quarters have seen the stock shoot up considerably.
Tesla will hold its Q2 2026 Earnings Call in about 90 minutes at 5:30 p.m. on the East Coast. Remarks will be made by CEO Elon Musk and other executives, who will shed some light on the investor questions that we covered earlier this week.
You can stream it below. Additionally, we will be doing our Live Blog on X and Facebook.
Q2 2026 Earnings Call https://t.co/zZS6ii2TWK
— Tesla (@Tesla) July 22, 2026
Tesla is about to make parking in busy parking lots at businesses and other points of interest less stressful than ever by allowing drivers more control over where they park and how, CEO Elon Musk confirmed on X.
Tesla has been working to improve the parking performance of vehicles utilizing the Full Self-Driving suite, but now it is looking to add more customization, allowing drivers to choose the specific space they park in, but also potentially the orientation the car pulls into the spot:
It’s coming soon
— Elon Musk (@elonmusk) July 21, 2026
Musk has reiterated on X twice over the past several weeks that Tesla is working to make things with the FSD suite based more on the driver’s specific preferences and behaviors that were seen in past drives.
Essentially, it sounds like if you tend to park away from a business to avoid other vehicles, Tesla FSD will soon recognize that preference of yours and start parking further away as well. Additionally, the prospect of assigned parking spaces has been something many owners have voiced concerns about.
Living in a community with assigned parking spaces makes using FSD incredibly difficult as it will rarely park in the correct spot when there are so many to choose from. This is also pertinent in work settings where there are sometimes assigned parking spaces.
The updates to Tesla’s Full Self-Driving suite in terms of listening to driver preferences with parking are also extending to routing. Tesla announced yesterday that with the release of its 2026 Summer Update, it was adding Automatic Navigation and Preferred Routes:
Tesla reveals 2026 Summer Update with crazy fixes to Nav and more
Tesla has always maintained the idea that any human input is bad input, and that, ideally, Tesla Full Self-Driving will always make the right decision. Of course, this is all in theory, but the issue is that so many of Tesla’s interventions have come because it does something that is not necessarily wrong, but perhaps not what the driver would prefer.
Taking these preferences into account will help Tesla alleviate some of the potentially unnecessary interventions that drivers perform.
Tesla is starting to prepare for the launch of the Optimus robot in its smartphone app, new coding strings show. Elon Musk has referred to Optimus as what will be the greatest-selling product of any kind of all time, and now, Tesla is getting ready for its launch.
Tesla’s smartphone app had several first-time mentions of the Optimus program, according to Tesla App Updates, who intially reported on the appearance. Here’s what they found:
A Dedicated “Robot” Phone Key Authentication
Tesla is working on a Bluetooth Low Energy, or BLE, authentication that is specifically for robots. This does not only apply to Optimus, though, as Robotaxi, which is Tesla’s autonomous ride-hailing platform, might also identify vehicles within the fleet as robots as well.
Tesla shows rapid teardown of Model S and X lines, paving the way for Optimus at Fremont
Essentially, pairing your phone as a key to anything Tesla identifies as a robot to a “whitelist” of authorized devices. Optimus, Robotaxi, or other products that fall into this category will only respond if the device trying to communicate with it is authorized.
This is a great security feature that will eliminate at least face-value and low-level threats.
Home Data Collection and System Alerts
This appears to be somewhat of a neural network for Optimus within your house. There will be a dedicated screen that asks for consent to collect both video and spatial data while Optimus performs in-home tasks. Everything from vacuuming, washing dishes, dusting, and other activities will be tracked.
There will also be a comprehensive alert system that will track everything from low battery to mechanical issues.
Other Changes
Most of the changes tracked in this particular app update are related to Tesla’s 2026 Summer Update, and include things such as image assets for new features, a preview of the new custom wraps feature, and other unique features.
You can check out our coverage on what is included with the 2026 Summer Update here:
Tesla reveals 2026 Summer Update with crazy fixes to Nav and more
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Tesla is about to make parking in busy lots less stressful than ever
