The top U.S. auto safety regulator has ended a preliminary investigation into bankrupt electric vehicle (EV) maker Fisker, after a software update went out to fix an issue shifting into park.
On Monday, the National Highway Traffic Safety Administration (NHTSA) announced that it closed a preliminary investigation into the Fisker Ocean SUV, after an issue with the EVs resulted in drivers not being able to shift into park (via Reuters). The preliminary investigation was looking into 7,745 Ocean units, and Fisker subsequently issued a recall and deployed a software update to fix the issue.
Those who complained said that the issue could cause unintended vehicle movements, though Fisker released its OS 2.0 with an “Auto Vehicle Hold” feature that prohibits the EV from rolling when subject to gravity, according to a statement from the NHTSA.
Fisker also faced additional safety probes from the NHTSA earlier this year, into issues that the exterior and interior door handles were not opening the EV’s doors. The EV maker also went on to issue a recall, and it fixed the issue by having customers bring their Ocean units into a service center. Another NHTSA probe was opened in May due to reports of unexpected braking.
In addition, Fisker has been hit with multiple subpoenas from the Securities and Exchange Commission (SEC), which argued against the EV maker’s liquidation plans, due to a prohibited nonconsensual third-party release.
Interestingly, Fisker owners were also in limbo following the EV maker’s decision to file for bankruptcy, though several of them went on to form the Fisker Owners Association (FOA), which launched 23 approved service centers in North America.
In March, Fisker was reportedly expecting a buyout deal that was alleged to be with Nissan, though it later fell through as the company’s shares dropped to less than 9 cents, causing the company to be delisted from the New York Stock Exchange.
Fisker was approved for bankruptcy in October, as well as being approved to sell 3,231 remaining Ocean units to American Lease, and to transfer essential data and support services to the firm’s own servers.
What are your thoughts? Let me know at zach@teslarati.com, find me on X at @zacharyvisconti, or send us tips at tips@teslarati.com.
Fisker misplaced millions of dollars in customer payments for Ocean EV: report


Elon Musk
Analyst: Elon Musk’s $1 trillion Tesla pay deal modest against robot market potential
Jonas highlighted Tesla’s longer-term ambitions in robotics as a key factor in his assessment.

Morgan Stanley analyst Adam Jonas, one of Wall Street’s most ardent Tesla (NASDAQ:TSLA) bulls today, has described Elon Musk’s newly proposed $1 trillion performance-based compensation package as a “good deal” for investors.
In a note shared this week, Jonas argued that the package helps align the interests of Musk and Tesla’s minority shareholders, despite its shockingly high headline number.
Future market opportunities
Jonas highlighted Tesla’s longer-term ambitions in robotics as a key factor in his assessment. “Yes, a trillion bucks is a big number, but (it) is rather modest compared to the size of the market opportunity,” Jonas wrote. He added that the humanoid robot market could ultimately surpass the size of today’s global labor market “by a significant multiple.”
“We have entertained scenarios where the humanoid robot market can exceed the size of today’s global labor market… by a significant multiple,” Jonas wrote, as shared on X by Tesla watcher Sawyer Merritt.
The analyst likened the arrival of AI-powered robotics to the transformative effect of electricity, noting that “contemplating future global GDP before AI robots is like contemplating global GDP before electricity.” The Morgan Stanley analyst’s insights align with the idea that as much as 80% of Tesla’s future valuation could be tied to its Optimus humanoid robot program.
Elon Musk’s pay package
Tesla’s board has tied Elon Musk’s proposed compensation package to some of the most ambitious targets in corporate history. The 2025 CEO Performance Award requires the automaker’s valuation to soar from roughly $1.1 trillion today to $8.5 trillion over the next decade, a level that would make Tesla the most valuable company in existence.
The plan also demands a leap in Tesla’s operating profit, from $17 billion in 2024 to $400 billion annually. It also ties the CEO’s compensation to a number of product milestones, including the delivery of 20 million vehicles in total, 10 million active Full Self-Driving subscriptions, 1 million Tesla Bots, and 1 million Robotaxis in operation. Tesla’s board emphasized that Musk’s leadership was fundamental to achieving such ambitious goals, with Chair Robyn Denholm noting the award would align the CEO’s incentives with long-term shareholder value.
News
Tesla China posts strongest registrations of Q3 so far with first Model Y L deliveries
Tesla posted 14,300 insurance registrations in China during the week of September 1–7.

Tesla posted 14,300 insurance registrations in China during the week of September 1–7, a 14.4% increase from the previous week’s 12,500 units.
The figure marks Tesla’s highest weekly performance so far this quarter so far, despite the company’s year-over-year figures still being below 2024’s numbers.
Weekly registrations
The week’s registrations broke down to 5,000 Model 3s and 8,400 Model Ys, including the first 900 units of the newly launched Model Y L variant, as per estimates from industry watchers. On a quarterly basis, Tesla China is tracking 41.3% growth compared to the previous quarter, which bodes well for the company’s results this Q3 2025.
For the month of August, Tesla sold 57,152 vehicles in China, down 9.93% from the same period in 2024 but up 40.7% from July’s 40,617 units, according to the China Passenger Car Association (CPCA). Year-to-date, Tesla’s China sales are 7.2% lower compared to the previous year.
Model Y L first deliveries
The week ending September 7 was the first week that included the newly released Model Y L, a six-seat extended wheelbase version of the company’s best-selling all-electric crossover. Industry watchers estimate that last week, the first 900 units of the Model Y L have been registered, though this number is expected to increase in the coming weeks as deliveries of the vehicle hit their pace.
Citing information from a Tesla store in Beijing, Chinese media outlet Cailianshe stated that the Model Y L has been seeing a lot of interest among car buyers. “(The Model Y L) is selling very well. Since its launch, 120,000 orders have been received, with nearly 10,000 orders placed every day. The first batch of customers began receiving deliveries in the past two days,” a Tesla representative stated.
News
Tesla launches MultiPass to simplify charging at non-Tesla stations
With the new service, Tesla owners can activate charging either through the Tesla app or by using their existing Tesla key card.

Tesla has introduced MultiPass, a new feature that allows owners to use their Tesla account to charge at non-Tesla charging stations.
The service launched this week in the Netherlands, giving drivers the ability to find chargers, start sessions, and view charging history directly within the Tesla app.
Streamlining third-party charging
With MultiPass, Tesla owners can activate charging either through the Tesla app or by using their existing Tesla key card. This eliminates the need for separate accounts or additional cards from third-party networks. Tesla Charging highlighted the convenience of managing charging sessions in one location in a post on X, while Max de Zegher, Tesla’s Director of Charging for North America, emphasized that the update removes unnecessary friction.
“Nobody likes creating more accounts with payment details and passwords. For charging, this can even mean needing a third-party charging card mailed to your house. Starting in the Netherlands today, your Tesla App and your existing (!) Tesla keycard can start charging at third-party chargers. We’ll expand this to more countries quickly if customers love it. To make ownership effortless, the Tesla App should really be the only thing you need,” the Tesla executive wrote in a post on X.
Third-party payments and a familiar name
Tesla owners could pay for their third-party charging session with their Tesla accounts, as per the electric vehicle maker on its official website. Payments are drafted from users’ default payment method in the Tesla App, though charging costs will still vary depending on the third-party charger that is used.
Interestingly, the MultiPass name also echoes a pop culture reference. In the 1997 sci-fi film The Fifth Element, Leeloo Dallas-505 carried a futuristic “Multipass” smart card that functioned as her ID, passport, and ticket to space travel. Her accented repetition of “Multipass!” became one of the film’s most memorable lines, and it highlighted the card’s all-in-one convenience.
Tesla has not provided a timeline for Multipass’ U.S. rollout, though the service could become an important addition to the growing but often fragmented landscape of DC fast charging.
-
News2 weeks ago
Tesla is overhauling its Full Self-Driving subscription for easier access
-
Elon Musk2 weeks ago
Elon Musk shares unbelievable Starship Flight 10 landing feat
-
Elon Musk2 weeks ago
Elon Musk reveals when SpaceX will perform first-ever Starship catch
-
Elon Musk2 weeks ago
SpaceX Starship Flight 10 was so successful, it’s breaking the anti-Musk narrative
-
Elon Musk6 days ago
Tesla’s next-gen Optimus prototype with Grok revealed
-
News4 days ago
Tesla launches new Supercharger program that business owners will love
-
Elon Musk3 days ago
Tesla Board takes firm stance on Elon Musk’s political involvement in pay package proxy
-
News1 week ago
Tesla appears to be mulling a Cyber SUV design