News
As OK’s anti-Tesla bill moves forward, its author believes a compromise is possible
The electric vehicle community in the United States took a collective gasp earlier this month when a proposed House Bill in Oklahoma unanimously passed a committee vote. The bill in question, HB 3994, aims to update and change parts of existing Oklahoma statutes related to the state’s auto industry. Now, this may sound harmless enough, but a look at the 70-page bill shows that companies like Tesla could lose out heavily if HB 3994 becomes law.
Tesla is already not allowed to directly sell its cars to consumers in Oklahoma, but HB 3994 could give the company even more headaches. What is particularly alarming with HB 3994’s language is the fact that it could be interpreted as a means to prevent automakers like Tesla from delivering and servicing vehicles in the state. This may result in Oklahoma-based Tesla owners being required to travel out of state just to have their vehicles serviced.
Tesla takes the bill very seriously, with the company urging owners on its Engage page to vote “No” to HB 3994. “If passed, this bill could force Tesla to close its existing locations in Oklahoma and prevent Tesla from shipping cars to anyone in the state, which would force locals to travel out-of-state to service their cars or pick up their new Tesla vehicles. Oklahoma should focus on increasing revenue and jobs in the state, not stifling competition and limiting consumer choice,” Tesla noted on its Engage page.
Oppositions and Risks
To state that Oklahoma-based Tesla owners are passionately trying to prevent HB 3994 from progressing further would be an understatement. Tesla owners are currently lobbying against the bill, with some even heading to the capitol last week to speak with the bill’s author, Representative Mike Dobrinski, who has an extensive background in the state’s auto sector. As per Dobrinski’s LinkedIn page, he was the Owner/Dealer of Dobrinski Chevrolet, Inc. until March 2017, and he was the Dealer/Owner of Dobrinski of Kingfisher, Inc., a Chevrolet-Buick-GMC dealership, until October 2018.
The Tesla owners’ talk with the Representative at the capitol last week was brief, according to information shared with Teslarati. Dobrinski highlighted the idea that HB 3994 is a way to protect Tesla owners in Oklahoma because if the EV maker refuses to cover its customers under warranty, then consumers will have no backup. Such a scenario seems unlikely, however.
Senator Mary B. Boren (Credit: Oklahoma Senate)
It’s not just Tesla owners in the state who are against HB 3994. Oklahoma Senator Mary B. Boren, who drives a Tesla Model 3 herself, has openly criticized the bill. In a short conversation with Teslarati, Senator Boren noted that Oklahoma must let the product and the market decide if the state wants innovation to flourish. Initiatives such as HB 3994, which could result in automakers with no dealerships getting the short end of the stick, are counterproductive.
The Senator’s statements could very well ring true. Just recently, reports emerged that Tesla battery partner Panasonic has decided to acquire a factory site in the United States for the production of high-capacity lithium-ion batteries. Panasonic has reportedly shortlisted its preferred US locations to Oklahoma and Kansas. Senator Boren remarked that the presence of bills like HB 3994 could potentially discourage companies like Panasonic from investing in Oklahoma.
“If you have capitalistic laws being passed to protect a particular industry and their business model and to insulate them from the market demands that require them to adjust, then any innovative industry related to EVs will notice that — and they will notice that cronyism is at play. They will find friendlier environments,” Sen. Boren said.
Insights from HB 3994’s Author
The fact that HB 3994 unanimously passed a committee vote earlier this month shows that the bill is also seeing substantial support, despite its harsh repercussions on companies like Tesla and its local electric vehicle owners. When asked by Teslarati about the rationale behind the controversial bill, Rep. Dobrinski explained that HB 3994 is a request bill from the Oklahoma Auto Dealer Association.
“A request bill from the Oklahoma Auto Dealer Association, it seeks to strengthen the position of franchised dealers from the ever-increasing demands and requirements of their legacy manufacturers. Doing so requires addressing Direct Shippers, including Tesla, that are not currently regulated by the Oklahoma Motor Vehicle Commission like franchised dealers are. Proper legislation and regulation will ensure that existing service facilities may remain open and consumers will have additional protections,” Dobrinski noted.
Representative Mike Dobrinski (Credit: Oklahoma State Legislature)
Interestingly enough, the Representative admitted that while HB 3994 includes provisions that may be used to force Tesla into closing its service centers in the state, he does not expect that part of the bill to make it to HB 3994’s final iteration. “I do not expect that provision to be included in the (bill’s) final language,” Dobrinski later stated.
The Representative deserves praise for his honesty with HB 3994, though one may wonder why the controversial bill’s most heavy-handed provisions were included in the first place. When confronted by Tesla owners online, Dobrinski has maintained that HB 3994 is far from finished, but it has already opened the doors for communication among automotive businesses in the state.
“This bill, as introduced, is far from the finished product. It is forcing engagement from franchise auto dealers, legacy manufacturers, and new EV manufacturers, including Tesla. These folks are all talking now for the first time ever to work on a plan of regulation going forward that ensures competition and improves customer satisfaction under the purview of the Oklahoma Motor Vehicle Commission,” Dobrinski wrote.
A Price for Compromise?
Considering the statements of HB 3994’s author, it appears that the bill could partly be seen as a way to achieve a compromise of sorts between companies like Tesla, electric vehicle owners, and the state’s franchised auto dealerships. However, existing Tesla owners in Oklahoma fear that if HB 3994 passes into law, it could adversely affect not only their ownership experience but also their daily lives.
Cristen Winter Huber, a Tesla owner and a foster mother, is one of them. Being a foster mother, Huber is unable to take her foster children outside Oklahoma without a judge’s permission. According to Huber, the harsher portions of HB 3994 could effectively disrupt her family dynamic, and it might motivate her to leave the state.
“It’s not feasible for my family to drive out of state frequently. I’m a parent and foster parent. I have to get approval from a judge to take my foster child out of state. If I have to leave the state to service my car, I might as well move to a state that welcomes growth and innovation,” Huber said.
Jochen Hoppert, the President of the Tesla Owners Club of Oklahoma, noted that HB 3994 is not only a step in the wrong direction — it can have repercussions far beyond Tesla. The Tesla Club President also stated that so far, the EV maker’s service centers in Oklahoma City and Tulsa are proving that Tesla is serious about supporting its customers.
“Tesla is still not permitted to sell or deliver vehicles from those locations. We hope that will change in the future, yet this anti-competitive bill is clearly a step in the opposite direction. It’s worth noting that this move would not only negatively affect Tesla and the local Tesla community but other up-and-coming electric vehicle manufacturers wishing to do business in the state.
“Rep. Mike Dobrinski, the creator of this bill… has shared his perspective, which includes the notion that this bill would provide benefit to the consumer by allowing the state to manage the presence of warranty, service, and other such things for the consumer as required features of the electric vehicle marketplace. The Tesla service centers in Oklahoma City and Tulsa already demonstrate Tesla’s desire to provide its customers with such services,” Hoppert said.
Following its unanimous committee approval, House Bill 3994 has now advanced to the House Floor. But before the bill could become a law, the Oklahoma Governor would have to approve it first. With this in mind, Tesla owners and electric vehicle advocates still have some time to fight against the bill, or at least lobby for significant changes. Rep. Mike Dobrinski himself has been consistent with the idea that HB 3994 is still open for edits, so it may be a good idea for Tesla owners in the state to push their efforts even more from this point forward.
Those interested in speaking up and supporting Tesla’s efforts against Oklahoma’s HB 3994 could click here.
A copy of Oklahoma HB 3994 could be viewed below.
Hb3994 Int by Simon Alvarez on Scribd
Don’t hesitate to contact us with news tips. Just send a message to simon@teslarati.com to give us a heads up.
Tesla is bringing closure to its flagship Model S and Model X vehicles, which CEO Elon Musk said several years ago were only produced for “sentimental reasons.”
The Model S and Model X have been light contributors to Tesla’s delivery growth over the past few years, commonly contributing only a few percentage points toward the over 1.7 million cars the company has handed over to customers annually since 2022.
However, the Model S and Model X have remained in production because of their high-end performance and flagship status; they are truly two vehicles that are premium offerings and do not hold major weight toward Tesla’s future goals.
On Wednesday, during the Q4 2025 Earnings Call, Musk confirmed that Tesla would bring closure to the two models, ending their production and making way for the manufacturing efforts of the Optimus robot:
“It is time to bring the Model S and Model X programs to an end with an honorable discharge. It is time to bring the S/X programs to an end. It’s part of our overall shift to an autonomous future.”
Musk said the production lines that Tesla has for the Model S and Model X at the Fremont Factory in Northern California will be transitioned to Optimus production lines that will produce one million units per year.
Tesla Fremont Factory celebrates 15 years of electric vehicle production
Tesla will continue to service Model S and Model X vehicles, but it will officially stop deliveries of the cars in Q2, as inventory will be liquidated. When they’re gone, they’re gone.
BREAKING: Tesla will wind down Model S and Model X production next quarter, Elon Musk confirms.
“It is time to bring the Model S and Model X programs to an end with an honorable discharge.” pic.twitter.com/Czn7aQjJE1
— TESLARATI (@Teslarati) January 28, 2026
Tesla has been making moves to sunset the two vehicles for the better part of one year. Last July, it stopped taking any custom orders for vehicles in Europe, essentially pushing the idea that the program was coming to a close soon.
Musk said back in 2019:
“I mean, they’re very expensive, made in low volume. To be totally frank, we’re continuing to make them more for sentimental reasons than anything else. They’re really of minor importance to the future.”
That point is more relevant than ever as Tesla is ending the production of the cars to make way for Optimus, which will likely be Tesla’s biggest product in the coming years.
Musk added during the Earnings Call on Wednesday that he believes Optimus will be a major needle-mover of the United States’ GDP, as it will increase productivity and enable universal high income for humans.
Investor's Corner
LIVE BLOG: Tesla (TSLA) Q4 and FY 2025 earnings call
Tesla’s (NASDAQ:TSLA) earnings call follows the release of the company’s Q4 and full-year 2025 update letter.
Tesla’s (NASDAQ:TSLA) earnings call follows the release of the company’s Q4 and full-year 2025 update letter, which was published on Tesla’s Investor Relations website after markets closed on January 28, 2025.
The results cap a quarter in which Tesla produced more than 434,000 vehicles, delivered over 418,000 vehicles, and deployed 14.2 GWh of energy storage products. For the full year, Tesla produced 1.65 million vehicles and delivered 1.63 million, while total energy storage deployments reached 46.7 GWh.
Tesla’s Q4 and FY 2025 Results
According to Tesla’s Q4 and FY 2025 Update Letter, the company posted GAAP earnings per share of $0.24 and non-GAAP EPS of $0.50 in the fourth quarter. Total revenue for Q4 came in at $24.901 billion, while GAAP net income was reported at $840 million.
For full-year 2025, Tesla reported GAAP EPS of $1.08 and non-GAAP EPS of $1.66 per share. Total revenue reached $94.83 billion, including $69.53 billion from automotive operations and $12.78 billion from the company’s energy generation and storage business. GAAP net income for the year totaled $3.79 billion.
Earnings call updates
The following are live updates from Tesla’s Q4 and FY 2025 earnings call. I will be updating this article in real time, so please keep refreshing the page to view the latest updates on this story.
16:25 CT – Good day to everyone, and welcome to another Tesla earnings call live blog. There’s a lot to unpack from Tesla’s Q4 and FY 2025 update letter, so I’m pretty sure this earnings call will be quite interesting.
16:30 CT – The Q4 and FY 2025 earnings call officially starts. IR exec Travis Axelrod opens the call. Elon and other executives are present.
16:30 CT – Elon makes his opening statement and explains why Tesla changed its mission to “Amazing Abundance.” “With the continued growth of AI and robotics, I think we’re headed towards a future of universal high income,” Musk said, adding that along the way, Tesla will still be improving its products while keeping the environment safe and healthy.
16:34 CT – Elon noted that the first steps for this future are happening this year, thanks to Tesla’s autonomy and robotics programs, which will be launching and ramping this year. He also highlighted that Tesla will be making major investments this year, though the company will be very strategic when it comes to its funding. “I think it makes a ton of strategic sense,” Musk said.
16:36 CT – Elon also announces the end of the Model S and Model X programs “with an honorable discharge.” If you’re interested in buying a Model S or X, it’s best to do it now, Musk said. The Model S and Model X factory in Fremont will be replaced by an Optimus line. “It’s slightly sad, but it is time to bring the S and X program to an end. It’s part of our overall shift to an autonomous future,” Musk said.
16:38 CT – Elon discusses how Unsupervised FSD is now starting for the Robotaxi service. He noted that these Unsupervised Robotaxis don’t have any chase cars as of yesterday. He reiterated Tesla’s plans for owners to be able to add their own vehicles to the Robotaxi fleet. Autonomy target for the end of the year is about a quarter or half of the United States, Musk said.
16:41 CT – Elon noted that the Tesla Energy team is absolutely killing it. He also stated that Tesla expects its Energy business to continue growing, and that the “solar opportunity is underrated.”
16:43 CT –Elon also added that Tesla Optimus 3 will be unveiled in about three months, probably. The Model S and Model X line in Fremont will be a million-unit Optimus production line. Looks like Optimus is really coming out of the gate with large, meaningful volumes. “The normal S curve for manufacturing ramps is longer for Optimus,” Musk stated. “Long term, I think Optimus will have a significant impact on the US GDP.”
16:44 CT – Elon closes his opening statements with a sincere thanks to the Tesla team. He also noted that he feels fortunate to be able to work alongside such a talented workforce.
Elon ends his opening remarks with an optimistic prediction about the future.“The future is more exciting than you can imagine,” he concluded.
16:47 CT – Tesla CFO Vaibhav Taneja makes his opening remarks. He discusses several aspects of Tesla’s Q4 milestones. He noted that Tesla Energy achieved yet another gross profit record during the fourth quarter. There’s insane demand for the Megapack and Powerwall. Backlogs for these products are healthy this 2026. He also noted that Tesla ended 2025 with a bigger vehicle order backlog compared to recent years.
16:53 CT – Investor questions from Say begin. The first question is about Tesla’s expectations for the Robotaxi Network. Lars Moravy noted that it has the advantage of manufacturing and scale, and Tesla believes that the Robotaxi Network will significantly grow year over year. Elon highlighted that the Cybercab will be produced with no steering wheel or pedals. No fallback. Elon also noted that Tesla expects to produce more Cybercabs than all its other vehicles combined in the future.
16:51 CT – The next question is if Tesla still expects to launch new models, such as affordable cars. Lars Moravy noted that Tesla did release affordable variants last year, and Tesla is still pushing hard to lower its costs. That being said, Tesla is really pushing the Cybercab as its total addressable market is larger than consumer-owned cars. Lars also mentioned that Tesla will produce different vehicles for its Robotaxi services.
16:56 CT – Elon noted that eventually, Tesla will produce mostly autonomous cars. The exception would be the next-generation Roadster, which will be a true driver’s car.
17:03 CT – A question about Elon’s past comments about a potential next pickup truck was asked. Lars noted that the Cybertruck is still performing well in the electric pickup truck segment, though Tesla is known for flexibility. Elon added that Tesla will be transitioning the Cybertruck line to a fully autonomous vehicle line. He also stated that the Cybertruck is a useful vehicle. “An autonomous Cybertruck will be useful for that.”
17:10 CT – A question was asked about when FSD will be 100% Unsupervised. Elon noted that 100% Unsupervised FSD is already being used today, though only in the Austin Robotaxi program. Tesla is still being extremely careful with its rollout.
When asked about Tesla’s chip program, Elon noted that he feels pretty good about Tesla’s chip strategy. But in terms of selling Tesla’s chips outside Tesla, the company has to make sure it has enough chips for Optimus robots, data centers, and other programs first.
17:18 CT – Analyst questions begin. First up is Wolf Research. He asks about Tesla’s increasing Capex, specifically where the majority of it is going. The Tesla CFO noted that programs in six factories are going live this year, so that consumes Capex. The Optimus program also consumes a lot of resources. The growth of Tesla’s current capacity is also consuming a lot of resources. As for how these programs will be funded, the CFO pointed to Tesla’s massive war chest, as well as initiatives such as the Robotaxi Network.
17:21 CT – Morgan Stanley asks about Tesla’s xAI investment. The analyst asked about more information about how Tesla and xAI will work together. The CFO noted that this investment is part of Master Plan Part IV. Elon also mentioned some advantages for xAI’s technology for Tesla’s products, like Grok being used to manage a Robotaxi fleet or a group of Optimus robots.
17:24 CT – Barclays asks Elon about the constraints on memory. Does Tesla have any near term constraints for Tesla vehicles’ memory? Elon responded that the Tesla AI computer is already very compute and memory-efficient. The intelligence per gigabyte is important. Musk noted that Tesla is ahead of the industry by an order of magnitude or more.
17:29 CT – Cannacord asks about startups from China entering the humanoid market. What competitive advantage does Optimus have compared to these rivals? Elon stated that he believes China will be a key competitor in the humanoid robot market. China will be the toughest competitor for Tesla. That being said, Elon noted that Tesla believes Optimus will be ahead in real-world intelligence, electromechanical dexterity, and hand design.
News
Tesla announces massive investment into xAI
“On January 16, 2026, Tesla entered into an agreement to invest approximately $2 billion to acquire shares of Series E Preferred Stock of xAI as part of their recent publicly-disclosed financing round,” it said.
Tesla has announced a major development in its ventures outside of electric vehicles, as it confirmed today that it invested $2 billion into xAI on January 16.
The move is significant, as it marks the acquisition of shares of Series E Preferred Stock, executed on market terms alongside other investors. The company officially announced it in its Q4 2025 Shareholder Deck, which was released at market close on Wednesday.
The investment follows shareholder approval in 2025 for potential equity stakes in xAI and echoes SpaceX’s earlier $2 billion contribution to xAI’s $10 billion fundraising round.
Tesla said that, earlier this month, it entered an agreement to invest $2 billion to acquire shares of Series E Preferred Stock of xAI:
“Tesla’s investment was made on market terms consistent with those previously agreed to by other investors in the financing round. As set forth… pic.twitter.com/HgtrcHdB2U
— TESLARATI (@Teslarati) January 28, 2026
CEO Elon Musk, who is behind both companies, is now weaving what appears to be an even tighter ecosystem among his ventures, blending Tesla’s hardware prowess with xAI’s cutting-edge AI models, like Grok.
Tesla confirmed the investment in a statement in its Shareholder Deck:
“On January 16, 2026, Tesla entered into an agreement to invest approximately $2 billion to acquire shares of Series E Preferred Stock of xAI as part of their recent publicly-disclosed financing round. Tesla’s investment was made on market terms consistent with those previously agreed to by other investors in the financing round. As set forth in Master Plan Part IV, Tesla is building products and services that bring AI into the physical world. Meanwhile, xAI is developing leading digital AI products and services, such as its large language model (Grok).”
It continued:
“In that context, and as part of Tesla’s broader strategy under Master Plan Part IV, Tesla and xAI also entered into a framework agreement in connection with the investment. Among other things, the framework agreement builds upon the existing relationship between Tesla and xAI by providing a framework for evaluating potential AI collaborations between the companies. Together, the investment and the related framework agreement are intended to enhance Tesla’s ability to develop and deploy AI products and services into the physical world at scale. This investment is subject to customary regulatory conditions with the expectation to close in Q1’2026.”
The history of the partnership traces back to xAI’s founding in July 2023, as Musk launched the company as a counterweight to dominant AI players like OpenAI and Google.
xAI aimed to “understand the true nature of the universe” through unbiased, truth-seeking AI. Tesla, meanwhile, has long invested in AI for its Full Self-Driving (FSD) software and Optimus robots, training models on vast datasets from its vehicle fleet.
The investment holds profound significance for both companies.
For Tesla, it accelerates its Master Plan Part IV, which envisions AI-driven autonomy in vehicles and humanoid robots. xAI’s Grok could enhance Tesla’s real-world AI applications, from optimizing battery management to predictive maintenance, potentially giving Tesla an edge over its biggest rivals, like Waymo.
Investors, on the other hand, stand to gain from this symbiosis. Tesla Shareholders may see boosted stock value through AI innovations, with analysts projecting enhanced margins and significant future growth in robotics. xAI’s valuation could soar, attracting more capital.
Tesla brings closure to flagship ‘sentimental’ models, Musk confirms
LIVE BLOG: Tesla (TSLA) Q4 and FY 2025 earnings call
