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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
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Elon Musk has firmly denied recent media reports suggesting that SpaceX has reduced its target valuation for an upcoming initial public offering.
The denial came directly from the SpaceX and Tesla frontman on his social media platform X, where he responded with a single word, “False,” to a post from ZeroHedge that cited Bloomberg sources.
This swift rebuttal underscores Musk’s ongoing effort to manage speculation surrounding one of the most anticipated market debuts in recent history.
False
— Elon Musk (@elonmusk) May 29, 2026
According to the disputed reports, SpaceX had lowered its IPO valuation goal to at least $1.8 trillion from previous ambitions exceeding $2 trillion.
The claims emerged amid growing anticipation for the company’s confidential S-1 filing, which positions it for a potential public listing as early as June.
Some had pointed to strong revenue growth, particularly from the Starlink satellite internet service, which contributed heavily to the firm’s 2025 figures of $18.7 billion. Yet challenges persist in other areas, including substantial investments and losses tied to ambitious projects like Starship development and artificial intelligence initiatives, which plan to make life multiplanetary eventually.
Musk’s response highlights a pattern in which he actively counters what he views as inaccurate portrayals of his companies’ trajectories.
SpaceX, already valued privately at extraordinary levels, stands as a cornerstone of Musk’s empire alongside Tesla and xAI. The entrepreneur has long emphasized the transformative potential of reusable rockets and global broadband access, factors that fuel investor enthusiasm despite operational hurdles.
By rejecting the valuation downgrade narrative, Musk signals confidence in SpaceX’s fundamentals and its readiness for public markets on terms favorable to its long-term vision. People have been waiting a very long time to invest in SpaceX, and the valuation, as well as the introductory share price, is not going to need adjusting.
They’ll have plenty of suitors.
This episode reflects broader dynamics in the technology sector, where rumors often swirl around high-profile entities. Musk’s direct engagement with media narratives serves to maintain transparency and control the narrative around his ventures.
As SpaceX prepares for greater scrutiny in public markets, the founder’s denial reinforces optimism about its prospects. Supporters argue that the company’s innovative edge positions it for enduring success, far beyond short-term valuation debates. With the denial now public, attention turns to forthcoming regulatory filings that could provide clearer insights into SpaceX’s strategy and financial health.
The coming weeks promise to reveal more about how SpaceX will transition into a publicly traded powerhouse.
Tesla’s dreams of operating a fully autonomous ride-hailing platform just took a massive step toward reality, as two separate events have indicated the company is perhaps closer than ever to achieving self-driving as a product.
On Thursday, Tesla was granted authorization by the State of Texas to operate driverless vehicles in a commercial manner. On May 28, Senate Bill 2807, passed by the 89th Texas Legislature, took effect after being passed back on September 1, 2025.
The bill establishes a statewide regulatory framework requiring authorization from the Texas Department of Motor Vehicles for companies to operate automated vehicles commercially on Texas roads.
This covers driverless, or SAE Level 4+, operations for passenger transport, meaning Robotaxi, or freight.
Tesla and other companies can self-certify their vehicles and tech as long as they:
- Operate in compliance with Texas traffic laws
- Maintain proper registration, title, and insurance
- Use compliant automated driving systems
- Record onboard activity and handle system failures and glitches safely.
The new authorization, which was first reported by James Stephenson on X, allows companies to utilize their own processes to determine if their vehicles are ready to operate without drivers.
🚨BREAKING:
Tesla has been authorized by the State of Texas to operate driverless vehicles commercially under the new law that took effect today, May 28th, 2026. Tesla has officially self-certified the software running on its robotaxis as Level 4. $TSLA pic.twitter.com/KSJdsvlaW5— James Stephenson (@ICannot_Enough) May 28, 2026
It is a rule that expedites the entire approval process, keeping agencies out of a usually long, lengthy, and frustrating task that is essential to technological advancements. It essentially means Tesla can launch commercial Robotaxi operations at this point.
On the very same day, Tesla continued the momentum as CEO Elon Musk shared a video of Cybercab units autonomously driving off the property at Gigafactory Texas. This is a major step in the story of the Cybercab.
Mass production of the Cybercab started at Giga Texas in April, and it is already heading out of the factory on its own.
Cybercab driving itself out of the GigaTexas factory pic.twitter.com/EwAMVVDjYy
— Elon Musk (@elonmusk) May 28, 2026
These two major events mark a drastic step forward in Tesla’s progress toward Cybercab and the permissions it needs to operate a self-driving ride-hailing service. Tesla is now able to operate autonomously under Texas law by self-certifying, and with the potentially imminent rollout of Cybercab, Tesla’s autonomous dreams are starting to take serious shape.
Elon Musk
The Tesla and SpaceX merger everyone is talking about is quietly building
Tesla and SpaceX may be closer to merging than Wall Street or either company is admitting.
Elon Musk has reportedly discussed merging Tesla and SpaceX with people close to him, according to CNBC, which cited sources familiar with the conversation. Tesla employees have long expected such a transaction and the topic is openly discussed internally, according to internal sources. With SpaceX is days away from kicking off its Wall Street roadshow for what could be the largest IPO in market history, this would be the first time the company will have public market currency to execute a stock-for-stock deal with Tesla.
The financial logic for a merger would make sense. A combined SpaceX and Tesla would create a conglomerate spanning rockets, satellites, electric vehicles, AI infrastructure, and energy storage valued at roughly $3.35 trillion to $3.6 trillion based on SpaceX’s IPO target range and Tesla’s current market capitalization. The two companies are already more intertwined than most people realize. SpaceX bought $697 million worth of Tesla Megapack systems for xAI data centers and $131 million worth of Cybertrucks. Tesla invested $2 billion in xAI, which subsequently merged with SpaceX. Past transactions also include Tesla selling solar equipment and parts to SpaceX, and SpaceX helping with Cybertruck materials.
Will Tesla join the fold? Predicting a triple merger with SpaceX and xAI
Musk himself signaled where this was heading in November 2025 when he posted on X, “My companies are, surprisingly in some ways, trending towards convergence.” Tesla and SpaceX announced a joint semiconductor fabrication facility in Austin called Terafab on the Gigafactory Texas campus, covering two advanced chip factories, with one serving Tesla’s AI needs for vehicles and Optimus robots, the other targeting space-based data centers under SpaceX’s infrastructure vision.
Wedbush analyst Dan Ives places the probability of a merger at 80% to 90% with a target completion in the first half of 2027. The mechanics of a deal became possible the moment SpaceX filed its S-1. Legal experts said a merger likely would not spark antitrust issues but would raise concerns among shareholders in each company, with questions around which company would be the parent, how a stock swap would take place, and who determines the appropriate price. Musk holds about 20% of Tesla’s equity but controls 85.1% of SpaceX’s voting power through a super-voting share class, meaning he would largely be negotiating the terms with himself.
Not everyone is convinced the timing is imminent. Traders on Kalshi place only 33% odds that a merger will happen before May 2027. The more immediate concern for Tesla shareholders is whether the SpaceX IPO pulls capital and Musk’s attention away from Tesla before any merger consolidates the upside for both.
What is clear is that the structural groundwork is already being laid. The Terafab announcement, the xAI merger, the shared supply chain, the cross-company balance sheet transactions, and now the IPO all point in the same direction. Whether the merger follows in 2027 or later, the two companies are already operating more like divisions of a single entity than independent competitors.
Elon Musk strikes down reports on SpaceX IPO rumors
Tesla’s Robotaxi dreams just took a massive step toward reality
