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.
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.
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.
Elon Musk
SpaceX (SPCX) IPO is live today at $135: Here’s exactly what you need to know
SpaceX priced its historic IPO at $135 per share today, raising a record $75 billion.
SpaceX officially priced its initial public offering at $135 per share, offering 555,555,555 shares of Class A common stock and raising $75 billion in what is the largest IPO in stock market history. Shares are set to begin trading on the Nasdaq Global Select Market on Friday, June 12, under the ticker symbol SPCX. The previous record holder was Saudi Aramco’s 2019 offering at $29 billion, followed by Alibaba’s $22 billion offering in 2014.
At $135 per share and roughly 555.6 million shares, the implied valuation sits near $1.75 trillion, which would make SpaceX roughly the seventh largest company in the United States, just above Tesla’s current market cap. Regular investors can request shares at the IPO price through Robinhood, Fidelity, Charles Schwab, SoFi, and E*TRADE, though the deal is heavily oversubscribed and most retail allocations will be partial or unfilled. Once trading opens June 12, anyone with a brokerage account can buy SPCX on the open market.
SpaceX’s amended S-1 is sparking a major Tesla merger conversation
The valuation is anchored primarily by Starlink. Starlink crossed 10 million subscribers as of February 2026 and is adding 750,000 to 1.5 million new users per month, with the connectivity segment already posting a $1.19 billion profit last quarter. The offering also bundles in xAI following SpaceX’s all-stock merger earlier this year, adding Grok and the Colossus supercomputer to the investment thesis. As Teslarati reported, Starlink ended 2025 with $10 billion in revenue, a figure analysts project could reach $24 billion by end of 2026.
Wedbush analyst Dan Ives has been vocal in his support. “I think the time is right,” Ives said, adding that the offering expands the Elon Musk ecosystem rather than competing with Tesla. An average 12-month price target of $165 per share represents roughly 22% upside from the IPO price. Not everyone agrees – Motley Fool noted xAI is spending $1 billion per month playing catch-up to OpenAI and Anthropic.
Musk founded SpaceX in 2002 with a single stated purpose. “Elon founded SpaceX with a goal to change humanity, to make us a multi-planet species,” CFO Bret Johnsen said in the company’s retail roadshow video this week. Musk himself has been more direct: “We are building the systems and technologies necessary to provide global connectivity on Earth and beyond, to understand the true nature of the universe, and to extend the light of consciousness to the stars.”
Investor's Corner
Tesla unfolded its first European “folding Supercharger”
Tesla’s folding Supercharger just arrived in Europe and it changes how fast charging expands.
Tesla’s Folding Unit Supercharger has officially landed in Europe, with the company teasing a new installation in its effort for a broader rollout targeting major motorway rest stops across the European continent in Q3 2026. The arrival marks a notable shift in how Tesla is thinking about network expansion, moving from hardware performance alone to engineering the logistics chain itself.
While Tesla did not reveal the exact location for the new folding Supercharger in Europe, the photo shared on X heavily suggests that this maybe somewhere in Norway. Historically, whenever Tesla rolls out an entirely new infrastructure architecture in Europe, whether it was the original Supercharger stalls years ago or these brand-new modular V4 “Folding Units”, Norway is almost always the designated launch pad because of its unmatched EV adoption rate and supportive infrastructure
The Folding Unit, introduced in March 2026, is a factory pre-assembled V4 charging station built on an industrial hinge system mounted to a heavy-duty concrete base. The entire assembly arrives on site ready to unfold and connect. Tesla confirmed the units feature telescopic light poles specifically designed for easy transportation and fast on-site deployment, a detail that signals how carefully the logistics chain has been engineered alongside the hardware itself. The design allows 33% more stalls per delivery truck, cuts installation time roughly in half, and reduces overall deployment costs by more than 20% compared to traditional installations.
Tesla’s newest “Folding V4 Superchargers” are key to its most aggressive expansion yet
Tesla also noted telescopic light poles which provide benefits over traditional Supercharger installations that require fixed-height poles that are awkward to ship, slow to position on site, and often require separate crews and equipment to erect before charging hardware can even be staged. By engineering poles that compress for transit and extend on arrival, Tesla has removed one of the quieter bottlenecks in the physical deployment process. Every hour saved on a light pole installation is an hour redirected toward getting stalls energized. At scale, across dozens of new sites per quarter, those hours add up to a meaningful acceleration in how quickly a location goes from approved permit to serving its first customer.
Each Folding Unit pairs a single V4 power cabinet with eight charging posts. The V4 cabinet delivers up to 500 kW per stall for passenger vehicles and up to 1.2 MW for the Tesla Semi, supporting twice the stalls per cabinet at three times the power density of its predecessor. Longer cables make every new station immediately usable by non-Tesla vehicles, a priority as Tesla continues opening its network to Ford, GM, Rivian, Hyundai, Stellantis, and others.
As Teslarati reported when the Folding Unit was first unveiled, Tesla’s Gigafactory New York produced its final V3 Supercharger cabinet in March 2026 after more than seven years and 15,000 units, completing a full pivot to V4 production. The European arrival of the folding design is the next chapter in that transition.
Faster and cheaper deployment means Tesla can justify building in markets and corridors that were previously too expensive to serve, filling the coverage gaps that have slowed EV adoption outside major urban centers.
First Folding Unit Superchargers in Europe 🇪🇺 https://t.co/KNfYWJukkL pic.twitter.com/YR1udIpH1i
— Tesla Charging (@TeslaCharging) June 10, 2026
News
Tesla stuns with another FSD approval in Europe, its second in two days
Tesla has stunned by gaining yet another approval for its Full Self-Driving suite in Europe, its second in two days and its fifth overall.
Belgium will be the latest country to allow Tesla owners to utilize FSD on public roads in Europe, joining a quickly growing list that started with the Netherlands, Lithuania, and Estonia.
On Tuesday, Denmark announced its approval of the FSD suite, which has now been followed by Belgium just one day later.
The country’s Minister of Mobility, Annick De Ridder, announced the approval on her X account, stating that she had just signed the approval of Tesla FSD. It now goes to the country’s homologation department for the last step of the approval process.
De @Tesla community houdt hier al geruime tijd de vinger aan de pols over de toelating voor de FSD-technologie op onze Vlaamse en Belgische wegen.
Uit waardering voor jullie niet-aflatende interesse (en aanmoediging 😉), krijgen jullie hierbij de primeur: ik heb net de toelating… pic.twitter.com/Yrps4OHTj8— Annick De Ridder (@AnnickDeRidder) June 10, 2026
The Belgian approval is one of mighty importance because it truly shows how quickly countries in Europe could greenlight the FSD suite consecutively. Approvals are already coming in relatively quickly, which is a great sign.
Perhaps the next big development that could come from FSD approvals in Europe is an approval from a country like England, Italy, France, Spain, or Germany. It would be something to see how FSD would perform in a major European metro, such as London, Barcelona, Madrid, Paris, Rome, or Berlin.
Getting Full Self-Driving in Spain and England will be such huge milestones for Tesla. I am so excited to see how FSD performs in Madrid, Barcelona, and London, specifically.
The ultimate test will always be Mumbai or New Delhi. Excited for India’s eventual approval! https://t.co/paw9Ch1qmL pic.twitter.com/9RdDERVSSJ
— TESLARATI (@Teslarati) June 9, 2026
Full Self-Driving does an excellent job of roaming around major U.S. cities like New York and Los Angeles, but other high-profile international cities of significance would truly mark a line in the sand for Tesla, which can simply enable any vehicle in its customer-owned fleet to run FSD with the correct approvals.

